Discover, Develop, Operate

Sterling Mine

  • heap leap gold operation
  • open pit permitting underway
  • 2012- 2015 underground mining of 144 zone
  • operated as an underground & open pit mine from 1980-2000
  • current plans include expansion for open-pit mining
  • exploration continues

Sterling is a heap leach gold mine located near Beatty, Nevada. The property consists of 707 claims totalling 5,911 hectares. In 2012, underground operations commenced at the 144 Zone utilizing sub-level caving mining methods. The first gold pour was in July 2012. The underground operation produced 17,748 ounces of gold between April 2012 and May 2015. Residual gold continues to be recovered from the heap.

Plans for development of an open pit mine and construction of a new heap leach pad is in the final stage of permitting. The open pit mine would entail developing five open pits. The existing Sterling, Ambrose and Burro Pits would be pushed back and deepened and the Panama and Water Tank Hill pits would be new pits.

An exploration program that includes soil sampling and geological mapping is being conducted in an area of favorable geology along the northern flank of the Bare Mountains.

Sterling is fairly typical of a large number of similar deposits that occur in the western United States, particularly in the Great Basin in Nevada. These deposits are known as sediment-hosted, disseminated precious metal deposits or generically as Carlin-type deposits.

For current and/or additional information, refer to the Company’s Press Releases, Quarter Reports & Annual Information Form.

Forward Looking Information
Update Aug | 2016