| Fort Knox Project |
|
Fort Knox |
|
Country |
USA
|
|
Province |
Alaska |
|
|
|
Close to |
Fairbanks |
|
Status |
PRODUCTION
|
Mining Trend |
Tintina |
|
Surface |
200 km² / 49,326 acres |
|
|
|
Latitude / Longitude |
64 N 59 / 147 W 20 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the Fort Knox Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the Fort Knox Project |
 | Kinross Gold Corporation
Owner: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Kinross acquired the Fort Knox open pit mine, located near Fairbanks, Alaska, in 1998. The Fort Knox mine includes the main Fort Knox open pit mine, mill, and tailings storage facility, an 80% ownership interest in the Gil property that is subject to a joint venture agreement with Teryl Resources Corporation and the True North open pit mine (which is currently suspended). |
|
|
|
| Location of the Fort Knox Project |
|
Located within the Fairbanks mining district, a northeast trending belt of lode and placer gold deposits that comprise one of the largest gold producing areas in the state of Alaska.
|
| |
| History of the Fort Knox Project |
|
The Fort Knox area was actively explored for gold placer deposits since 1902 when Felix Pedro discovered gold in Fish Creek located downstream of the Fort Knox deposit. Since that initial discovery, the surrounding Fairbanks Mining district has produced in excess of 8 million ounces of gold, predominantly from placer deposits. Placer mining operations continue to this day.
|
| |
| Geology of the Fort Knox Project |
|
|
The Fairbanks district is situated in the north-western part of a geologic formation called the Yukon – Tanana Terrane (“YTT”). The YTT consists of a thick sequence of poly-metamorphic rocks that range from Precambrian to upper Palaeozoic. The dominant rock types in the district are gray to brown, fine-grained micaceous schist and micaceous quartzite known as the Fairbanks Schist.
|
| |
|
|
|
|
|
| Production history |
| Metal | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| GOLD (oz) | 175,958 | 371,199 | 429,892 | 450,396 | 451,166 | 398,214 | 385,228 | 400,946 | 351,911 |
| SILVER (oz) | | | | | | | | | 17,508 |
|
|
|
|
|
|
|
|
|
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.
|
|
|
|
|
