Project Overview
Bald Mountain is a producing open pit mine with a large estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. Placer gold was initially mined at Bald Mountain in the late 1890’s with Placer Dome Inc. bringing the mine into full scale production in 1986 before its acquisition by Barrick Gold Corp. (“Barrick”) in March 2006. The mine is now wholly owned and operated by Kinross Gold Corp. (“Kinross”) since acquisition from Barrick in January 2016. In October 2018, Kinross acquired the remaining 50% of the Bald Mountain Joint Venture Zone from Barrick to consolidate ownership of the property, becoming the largest private mining land package in the USA.
With approximately 3.6 million gold ounces of measured and indicated resources, Kinross is looking to explore opportunities in 2023 around the Joint Venture zone to expand its current mineralization.