Situated on the southern periphery of the Manhattan Caldera, approximately 16 km south of the over 15-million-ounce Round Mountain Mine is the 100% owned Manhattan property.
This 6,071-acre property encompasses the Goldwedge Mine, the recently acquired Kinross Manhattan properties with two past producing gold mines, and the Keystone and Jumbo deposits.
The Goldwedge Mine is a fully permitted underground mine with over 600 meters of excavation. Drilling has outlined mineralization over a 335-meter strike length and to a vertical depth of over 150 meters (open).
Considerable exploration work on the Manhattan properties has been conducted by various operators since production ended at the Manhattan Mine in 1990.
Highlights:
- Manhattan has had over 100,000 meters of drilling historically, across 1,100 drill holes, by Echo By Mines and Kinross
- The Echo Bay West Pit and Goldwedge have the potential to be a single body of mineralization and drilling between these deposits returned significant high-grade gold intercepts.
- 1,200 total holes have been drilled to date with only internal resources estimated.
- There is potential to connect the Goldwedge Mine, the Echo Bay West Pit, the Echo Bay East Pit and the new Caldera Splay Zone into a single large gold deposit.
- We are undertaking the required work to generate a compliant resource from the existing drilling and will continue expanding the open gold intercepts.
Quick Facts:
- Mining in the Manhattan District dates to the 19th century.
- Combined placer and underground production is estimated at 640k oz gold.
- The Reliance Mine produced ~59k tons grading 12.3 g/t gold from 1932-1941.
- The Manhattan Mine East & West pits produced ~236k oz from 1974 to 1990.
- Total land position includes 4,971+ hectares across the entire Manhattan district.
- Includes 100,000 meters of historic drilling and multiple geophysical surveys, including gravity, magnetics and resistivity surveys.
- Compilation of historic drill results is currently in process and going through QA/QC.