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|
|2019 Production:||127,914 oz Au|
|2019 Proven and probable reserves1:||336,000 oz Au|
|2019 Measured and indicated resources1:||762,000 oz Au|
|2019 Inferred resources1:||358,000 oz Au|
View Kensington's most recent technical report here.
Please see Reserves and Resources statement
Effective Date: December 31, 2019