North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Shane Lasley
Mining News 

29.4 million ounces of gold and growing

NovaGold, Barrick boost Donlin Creek deposit's resource estimate by 77 percent; geologic trend may host another 10 million ounces

 

Last updated 2/24/2008 at Noon



NovaGold Resources Inc. and Barrick Gold Corp. have incorporated more drilling results into their estimate of recoverable gold at the Donlin Creek deposit and boosted that number by 77 percent to 29.4 million ounces.

Donlin Creek is situated on Calista Corp. lands in the northern part of the Yukon-Kuskokwim region in western Alaska.

The estimate of measured and indicated resources was prepare...



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