The 2022 drill programme at the Donlin gold project, in Alaska, has been “extremely exciting” and “rewarding”, with the latest set of assays yielding some of the best gold intercepts in the mining industry, joint venture partner Novagold CEO Greg Lang says.
The company last week reported “outstanding” assay results from the 34 000 m drill programme, which is currently tracking ahead of schedule.
DC22-2040 intersected 52.27 m grading 14.63 g/t gold starting at 232.95 m drilled depth; DC22-2040 intersected 18.65 m grading 10.78 g/t gold starting at 197.60 m drilled depth; DC22-2056 intersected 73.98 m grading 4.21 g/t gold starting at 99.82 m drilled depth; DC22-2063 intersected 12.10 m grading 22.15 g/t gold starting at 130.04 m drilled depth and DC22-2067 intersected 44.58 m grading 4.50 g/t gold starting at 464.06 m drilled depth.
“The outstanding results reported today, such as the high grade at ACMA and the deep exploration work, further substantiate Donlin Gold’s potential, and the recent modelling concepts, in support of the strategic mine planning work and the engineering studies,” said Lang.
A workshop with Barrick and Novagold will take place in September at the Donlin project to review the work completed to date and lay the path forward.
Barrick president and CEO Mark Bristow said, “as expected, the drill programme for 2022 continues to enhance our understanding of the ore bodies that make up the Donlin project. Also encouraging is that this year’s drilling campaign is ahead of schedule and results so far support the most recent modelling concepts as we focus on moving the project toward a feasibility study decision.”