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Kensington Project
Kensington
Country USA 
Province Alaska
Close to Juneau
Status MINE DEVELOPMENT 
Surface 25 km² / 6,079 acres
Latitude / Longitude 58 N 51 / 135 W 6
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Risk and valuation analysis of the Kensington Project
Status Risk : Mine Development
Country Risk : Very Low
Resource Risk : 72.00%
In situ value
2,688,753,424 $
Title(s) of the Kensington Project
Coeur d'Alene Mines Corporation
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
On July 7, 1995, Coeur, through its wholly-owned subsidiary, Coeur Alaska, Inc. (“Coeur Alaska”), acquired the 50% ownership interest of Echo Bay Exploration Inc. (“Echo Bay”) in the Kensington property from Echo Bay and Echo Bay Alaska, Inc. (coll more...
Location of the Kensington Project
The Kensington gold development project, consisting of the Kensington and adjacent Jualin properties, is located on the east side of the Lynn Canal about 45 miles north-northwest of Juneau, Alaska. The mine will be an underground gold mine accessed more...
 
History of the Kensington Project
In 2005, Coeur embarked on a drilling program to convert 300,000 to 400,000 ounces of gold currently reported as mineral resources to reserves, which would significantly increase the initial mine life from the current level of ten years. This involves additional in-fill drilling to delineate higher-grade sections of the deposit that might be mined in the earlier years of the operation.
 
Geology of the Kensington Project
The Kensington ore deposit consists of multiple precious metals bearing mesothermal, quartz, carbonate, pyrite vein swarms and discrete quartz-pyrite veins hosted in the Cretaceousaged Jualin diorite. The gold-telluride-mineral calaverite is associated with the pyrite mineralization.
 
Reserves and resources of the Kensington Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven180,52913.03 75 628
 Probable4,808,9868.91 1 377 597
 Proven and Probable4,989,5159.06 1 453 225
 Measured616,8858.57 169 971
 Indicated1,854,2855.49 327 295
 Mesured and Indicated2,471,1706.26 497 267
 Total 7 460 685 1 950 492
Definitions
Reserves and resources of the Kensington Project
MetalTotalReservesMineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 1 950 492 75 628 1 377 597 1 453 225 169 971 327 295 497 267 oz2 670 613 847 US$
Production Objectives
Metal201320142015201620172018
GOLD (oz)140,000140,000140,000140,000140,000140,000
Location
Data last updated on : 12/31/2008
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