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Rock Creek (Nome) Project
Rock Creek (Nome)
Country
USA
Province
Alaska
Close to
Nome
Status
MINE DEVELOPMENT
Latitude / Longitude
64 N 34 / 165 W 23
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Risk and valuation analysis of the Rock Creek (Nome) Project
Status Risk : Mine development
Country Risk : Very Low
Resource Risk : 60.00%
In situ value
895,680,021 $
Link to technical report
Title(s) of the Rock Creek (Nome) Project
NovaGold Resources Inc
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Nome Operations comprises three projects located near the town of Nome, Alaska: Rock Creek, Big Hurrah and Nome Gold. With the acquisition of the Alaska Gold Company in 1999, NovaGold holds title to mining claims covering approximately 5,700 hectares (14,000 acres) in the area.
Location of the Rock Creek (Nome) Project
The Rock Creek mine is located near the town of Nome, Alaska.
History of the Rock Creek (Nome) Project
Construction at Rock Creek commenced in the summer of 2006. Testing of the crushing circuit was initiated in October 2007.
Reserves and resources of the Rock Creek (Nome) Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Probable
7,800,000
1.30
326 009
Proven and Probable
7,800,000
1.30
326 009
Indicated
7,700,000
1.21
299 549
Mesured and Indicated
7,700,000
1.21
299 549
Inferred
600,000
1.09
21 027
Total
16 100 000
646 584
Definitions
Reserves and resources of the Rock Creek (Nome) Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
646 584
326 009
326 009
299 549
299 549
21 027
oz
896 294 275 US$
Exploration and drilling
10/19/2010
NovaGold to sell Rock Creek project, may also divest Ambler
Location
Data last updated on : 4/1/2009
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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