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Kinross Gold Corp.
Summary
| Project: | Fort Knox | |
|---|---|---|
| Deposit: | Fort Knox | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 6/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 12-6-2018: Kinross Gold Corp. announces a Resource Estimation report for its Fort Knox deposit at the Fort Knox project. Updated mineral resource, and ore reserve estimate at Fort Knox. Kinross Gold Corporation (Kinross) has prepared a Technical Report fo | |
| Resources: | (Reserve, P+P): 282.236Mt @ 0.37/t Au for 3.374Moz Au contained at Fort Knox | |
| CP/QP: | [Resources]: John Sims (Internal) | |
| ABSTRACT: | Kinross Gold Corporation (Kinross) has prepared a Technical Report for the whollyowned and operated Fort Knox mine (Fort Knox) and Gil project (Gil), located in Fairbanks North Star Borough, Alaska. In June 2018, Kinross completed a Feasibility Study (FS) of an expansion of the Fort Knox open pit, referred to as Gilmore. This report describes the current mining operation as well the extended life of mine including Gilmore. The Technical Report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and has an effective date of June 11, 2018. Kinross will be using this Technical Report to support disclosure of mineral resources and mineral reserves at Fort Knox and mineral resources at Gil. Fort Knox is located 42 km by road northeast of the city of Fairbanks, in Alaska, United States of America. Kinross’ mining and exploration properties are located within the Fairbanks mining district, a northeast trending belt of lode and placer gold deposits that is one of the largest gold producing areas in the state of Alaska. The Fort Knox property includes the Fort Knox open pit mine, mill, heap leach, tailings storage facility, True North open pit and the Gil property, and encompasses 31,884 ha. The property package is located within US State Plane, Alaska 5003, Zone 3 coordinates of 419,700 mE, 1,235,600 mN and 461,500 mE, 1,218,200 mN. The Fort Knox open pit mine is located within the boundaries of the State of Alaska Upland Mining Lease (the “Fort Knox Upland Mining Lease”). Surrounding areas are owned or controlled by State mining claims and various leases with the State and private landowners. | |
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