AREA PLAY-Carlin/Battle Mountain Trend Message Board

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Gold/Mining/Energy : AREA PLAY-Carlin/Battle Mountain Trend

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To: Ed Fishbaine who wrote (8)	12/3/1998 11:58:00 PM
From: J.E.Currie	Read Replies (1) of 49

newmont.com For all its success, 1996 was a transitional year on the Carlin Trend. Surface deposits of the easier to process oxide ores are being depleted and, increasingly, new production is coming from complex refractory ores that require pretreatment before the gold can be recovered. Newmont's Carlin operation has become as complex as its ores. Sophisticated computer modeling, a robotics laboratory that assays two million ore samples a year and increasing use of stockpiles to segregate ore by grade, sulfur and carbon content are necessary to optimize operations. five million tons were stockpiled for future processing. The refractory ore treatment plant, or Mill No. 6, the largest facility of its type, is pivotal to Newmont's future. To the north of the Post deposit, drilling in the Goldbug area doubled the mineralized material not yet in reserves to 5.7 million tons of mineralization at a grade of 0.288 ounce per ton, and increased the inferred resource base to several times that amount. This inferred resource consists mostly of low-grade refractory material for which economical metallurgical recovery methods are being tested. Subject 23633 jec arerun

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