The Kensington underground gold mine and associated milling facilities are located on the east side of the Lynn Canal about 45 miles north-northwest of Juneau, Alaska. The Company controls 100% of the mine through Coeur Alaska. The mine is accessed by a horizontal tunnel and utilizes conventional and mechanized underground mining methods. Ore is processed in a flotation mill that produces a concentrate that is sold to third party smelters. Waste material is deposited in an impoundment facility on the property. Power is supplied by on-site diesel generators. Access to the mine is by either a combination of road vehicles, boat, helicopter, floatplane, or by boat direct from Juneau.
|Location:||Juneau, Alaska (Southeast Alaska)|
|Land position:||12,336 net acres|
|2020 Production:||124,867 oz Au|
|2020 Proven and probable reserves1:||331,000 oz Au|
|2020 Measured and indicated resources1:||830,000 oz Au|
|2020 Inferred resources1:||394,000 oz Au|
View Kensington's most recent technical report here.
(1) Effective December 31, 2020. Please see Reserves and Resources statement