The mine went into production in 2006 with the feedstock coming from the main ore body, called the Liese Zone.
2010 Production:
- 2,467 tpd processed
- 900,585 tonnes milled
- 383,434 ounces produced
- average grade of 13,24 gpt mined (2011: 16,17 gpt !)
- US$ 449 cost per ounce
- largest Gold Producer in Alaska
- Production from 2006-2009: 1,110,211 ounces (average 277,553 ounces per year)
Liese Zone:
- Reserves end of 2010: 5.6 million tonnes @ 12,78 gpt (2.3 million ounces)
- size 1 x 0.5 miles
New dicoveries:
1. North Zone: vertical, narrower veins containing 396,000 ounces (end of 2010)
2. East Deep Zone: horizontal veins containing 1.5 million ounces (end of 2010)
3. 4021 Zone (2miles SE): 2011 discovery with 697,000 ounces
4. 20 more potential discoveries outlined by soil samples and geophysical work
FANTOMAS