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

By Shane Lasley
Mining News 

New PFS for Livengood gold mine underway

Updated prefeasibility study slated for Oct. 2021 completion North of 60 Mining News – July 17, 2020

 

Last updated 9/26/2020 at 3:04pm

Livengood Money Knob 11.5 million ounce gold mine project Alaska

Shane Lasley

The 11.5-million-ounce Money Knob gold deposit at Livengood lies alongside the paved Elliott Highway and Trans-Alaska Pipeline System about 70 miles north of Fairbanks, Alaska.

International Tower Hill Mines Ltd. July 15 announced it has finalized the key contracts for completion of a pre-feasibility study for developing a mine at its 11.5-million ounce Livengood Gold project in Alaska and expects to release the results of the PFS in October 2021.

This will follow-up on a 2017 PFS that outlined plans for a 52,600-metric-ton-per-day mill that would produce 6.8 million...



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