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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (61394)10/1/2008 1:47:35 PM
From: Valuepro  Read Replies (1) | Respond to of 78426
 
Ft. Knox is the largest gold mine in Alaska. From the Kinross Web site...

"The Fort Knox Project is expected to extend the mine life of the mine from 2012 until 2018. The project will double the life-of-mine production to 2.9 million gold ounces, and will increase Fort Knox production to an average 370,000 gold ounces per year during the five years commencing in 2010. It will also reduce the average life-of-mine cost of sales to approximately $390 per ounce. Production from the Phase 7 expansion project is expected to commence mid-2009."

kinross.com

ITH took over the Alaska claims of Anglo Gold just a couple of years ago. Anglo has back-in rights. The company, ITH, has several other attractive projects underway, but Livengood is the most advanced. BTW, Livengood is on the highway that services Ft. Knox.

However, if the Livengood model is now Carlin-style deposits, is it valid to discuss Ft. Knox? Are there now two models, one for each style of mineralization?