Marigold Project |
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Marigold |
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Country |
USA
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Province |
Nevada |
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Close to |
Winnemucca |
Status |
PRODUCTION
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Mining Trend |
Battle Mountain |
Surface |
75 km² / 18,495 acres |
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Latitude / Longitude |
40 N 26 / 118 W 9 |
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Legends
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Risk and valuation analysis of the Marigold Project |
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Title(s) of the Marigold Project |
| VanEck Vectors Global Alternative Energy ETF Joint venture: 66.7% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The numbers reported by Barrick for their share are not reported in the "matiere" section. The prope more... |
| VanEck Vectors Global Alternative Energy ETF Joint venture: 33.3% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Barrick has a 33% interest in the mine, acquired through the merger with Homestake in December 2001. |
| Franco Nevada Corp. Net Smelter Return: 5% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| Royal Gold Inc. Net Smelter Return: 2% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Marigold Project |
The Marigold mine is a large scale, multiple open pit operation located in central Nevada approximately 30 miles east of the town of Winnemucca and five miles south of Interstate 80.
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History of the Marigold Project |
Marigold Mine is a run of mine heap leach operation that commenced production in 1988. The mine was transformed from a modest, conventional milling operation into a large and extremely efficient heap leach mine. Exploration led to the discovery of the Millennium ore body in the southern reaches of the property which then led to the Millennium Expansion project.
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Geology of the Marigold Project |
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The gold mineralization at Marigold is best described as distally disseminated. This means that the gold is finely disseminated into the host rock as very small particles and that it is far from its origin, meaning that the gold at Marigold was transported in from greater depths and along zones of hot water flow.
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Production history |
Metal | 2010 | 2008 | 2007 |
GOLD (oz) | 136,731 | 144,300 | 144,000 |
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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