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    Las Palmas, Spain
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    Belo Horizonte, Brazil
5.27
0.01 (0.19%)
TSX:K
4.01
-0.02 (-0.5%)
NYSE:KGC
1409.2
-2.2 (-0.16%)
GOLD
  • 18
    °C
    07/16, 9:18pm
    Fort Knox, Alaska
    25
    °C
    07/17, 1:18am
    Toronto, Ontario
    28
    °C
    07/16, 10:18pm
    Kettle River-Buckhorn, Washington
    27
    °C
    07/16, 10:18pm
    Round Mountain, Nevada
  • 24
    °C
    07/16, 10:18pm
    Bald Mountain, Nevada
    12
    °C
    07/17, 3:18am
    Maricunga, Chile
    21
    °C
    07/17, 2:18am
    Paracatu, Brazil
    31
    °C
    07/17, 5:18am
    Mauritania, West Africa
  • 23
    °C
    07/17, 5:18am
    Chirano, Ghana
    15
    °C
    07/17, 8:18am
    Moscow, Russia
    11
    °C
    07/17, 3:18pm
    Magadan, Russia
    16
    °C
    07/17, 3:18pm
    Kupol, Russia
    23
    °C
    07/17, 6:18am
    Las Palmas, Spain
    15
    °C
    07/17, 2:18am
    Belo Horizonte, Brazil

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Bald Mountain gets BLM green light to allow for expansion

It’s official! Bald Mountain’s 3,097 acre expansion was approved by the U.S. Bureau of Land Management (BLM) on August 17th, 2016. The decision allows us to expand existing gold mine facilities and construct and operate new facilities at Bald Mountain’s North and South areas.

“We are really excited. The original plan was submitted in October 2011, so it has been a long process and we are glad to finally hit the ground running,” said Josh Roderick, Environmental Manager, Bald Mountain.

“Within an hour of receiving the permit, we had bulldozers out in the field at Redbird, an undeveloped pit at the site,” continued Josh. “We mean business.”

The permits provides significant flexibility for future growth, such as additional heap leach capacity and a carbon adsorption plant beyond what is required in the current mine plan.

It will also allow for increased exploration activities, including modest infill and metallurgical drilling needed to potentially increase the mine’s mineral reserve estimate. The focus is developing two sets of deposits, the Vantage Complex in the South area, and the Saga and Duke pits in the North area. Developing these deposits may substantially increase the current 1.1 million Au oz. mineral reserve estimate at Bald Mountain and extend life of mine.

 Josh Roderick, Environmental Superintendent, Bald Mountain, with the expansion plan map

A current aerial view of Bald Mountain

 

 

 
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