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By Shane Lasley
Mining News 

Decision looming, major drilling at Donlin

JV gears up for largest drill program at project in eight years North of 60 Mining News – January 24, 2020

 

Last updated 9/26/2020 at 11:45am

Barrick and Novagold own 40 million ounce Donlin Gold mine project Alaska

Novagold Resources Inc.

Drilling at Donlin in 2017 tested higher-grade zones and included one hole that cut 5.93 g/t gold over 130.5 meters. Novagold and Barrick are planning to drill 80 additional holes to better understand the geology of these high-grade zones.

As we move into 2020 there are still no definitive indications of when joint venture partners Novagold Resources Inc. and Barrick Gold Corp. will make the final decision on development of the 39-million-ounce Donlin Gold project in Southwest Alaska.

Donlin Gold LLC – a 50-50 JV formed between Novagold and Barrick to advance the world-class gold mine project – has already received most of th...



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