Barrick Gold's Fourmile Project Displays World-Class Potential
GOLDBarrick(GOLD) ZACKS·2024-11-25 21:00

Barrick Gold Corporation (GOLD) has updated its mineral resource estimate for its fully-owned Fourmile project in Nevada, marking a 192% increase in indicated resources (1.4 million ounces grading 11.76g/t), a 137% rise in inferred resources (6.4 million ounces grading 14.1g/t) and a 35% increase in grade from Barrick's 2023 year-end mineral resource estimate. The increases include the inclusion of 25 new drill holes in the 2023 mineral resource estimate throughout the southernmost region of the orebody and ...