Marigold Project
Marigold
Country USA 
Province Nevada
Close to Winnemucca
Status PRODUCTION  Mining Trend Battle Mountain
Surface 75 km² / 18,495 acres
Latitude / Longitude 40 N 26 / 118 W 9
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Produces Gold -
Develops
Explores for
Last updated on 1/11/2011 - Terms of Use
Risk and valuation analysis of the Marigold Project
Status Risk : Production
Country Risk : Very Low
Title(s) of the Marigold Project
Goldcorp Inc.
Joint venture: 66.7%
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The numbers reported by Barrick for their share are not reported in the "matiere" section. The prope more...
Barrick Gold Corp.
Joint venture: 33.3%
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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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Royal Gold Inc.
Net Smelter Return: 2%
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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.
 
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.
 
Geology of the Marigold Project
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.
 
Production history
Metal201020082007
GOLD (oz)136,731144,300144,000
Location
Data last updated on : 12/31/2008
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