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PINSON Project
PINSON
Country USA 
Province Nevada
Status ADVANCED DISCOVERY  Mining Trend Battle Mountain Eureka
Latitude / Longitude 41 N 23 / 117 W 11
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops
Explores for Gold -
Risk and valuation analysis of the PINSON Project
Status Risk : Advanced discovery
Country Risk : Very Low
Resource Risk : 34.00%
In situ value
3,084,126,531 $
Title(s) of the PINSON Project
Atna Resources Ltd
Joint venture: 70%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
In April 2006, Pinson Mining Company notified Atna that it elected to back-in on the project under the terms of the agreement. The back-in requires PMC to spend US$30 million to continue exploration and development of the property by April 5th, 2009 to earn back to a 70% operating interest in the project.
Barrick Gold Corp.
Joint venture: 30%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Barrick Option • Spend US $30 M before April, 2009 • If spent: Barrick 70%, Atna 30%
International Royalty Corporation
Net Smelter Return: 3%
All ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Franco Nevada Corp.
Net Smelter Return: 1%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the PINSON Project
The Pinson Project, optioned in the summer of 2004, is Atna's lead project located at the intersection of the Getchell Gold Belt and the Battle Mountain-Eureka Trend in the heart of the Nevada Gold Province. Pinson is situated adjacent to Barrick Gold's Getchell and Turquoise Ridge Mines and 8 miles from Newmont's Twin Creeks Mine complex.
 
History of the PINSON Project
Pinson has produced nearly 1.0 million ounces of gold from oxidized zones within Cambrian sediments. As with the early production from other major Carlin gold systems, Pinson's past production was sourced from within the oxidized zone of the deposit  more...
 
Geology of the PINSON Project
Pinson is a Carlin-type gold system with micron-gold hosted in altered, fine-grained sedimentary rocks
 
Reserves and resources of the PINSON Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Mesured and Indicated2,300,00014.54 1 075 185
 Inferred3,100,00011.66 1 162 121
 Total 5 400 000 2 237 306
Definitions
Reserves and resources of the PINSON Project
MetalTotalReservesResources / Mineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMesured and IndicatedInferred
 Gold 2 237 306 1 075 185 1 162 121oz3 060 791 428 US$
Location
Data last updated on : 1/15/2009
Disclaimer
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources