GOLDSTRIKE

Operator: Nevada Gold Mines LLC

Location: Nevada, United States

Royalty: 0.9% NSR (all metals)

Term of Royalty: Life of Mine


Goldstrike is an open-pit and underground operation, owned and operated by Nevada Gold Mines LLC, a joint venture between Barrick Gold Corporation (61.5%) and Newmont Corporation (38.5%). Goldstrike is located within the northern Carlin Trend in Eureka and Elko Counties, Nevada, approximately 50 kilometers northwest of the town of Elko.

The Carlin Trend is an alignment of gold mines located in a northwest-southeast belt extending 8 kilometers wide and 65 kilometers long, which accounts for more gold production than any other mining district in the United States.

The Goldstrike complex includes the large-scale Betze-Post open-pit mine and the Meikle and Rodeo underground mines. The Goldstrike complex has two separate processing facilities including a roaster and an autoclave, each capable of treating single or double refractory ore, and recovered gold is produced in the form of doré.