Nevada doesn’t just permit gold mining – it embraces it.
While gambling steals the state’s spotlight, gold mining remains one of Nevada’s longest serving industries. Nevada mines produce approximately 80% of the gold that comes from the U.S. annually. The region is home to the world’s largest gold producers, including Barrick, Newmont, Kinross and Goldcorp.
Nevada is ranked as one of the top 10 best mining jurisdiction in the world, according to the Survey of Mining Companies (2011/2012). Prepared by the Fraser Institute, an independent research organization, the annual review is based on a composite index measuring government and environmental regulations, infrastructure, political stability and labour.
As a result of its mineral-rich geology and strong mining climate, Nevada is a prolific gold producer. Compared against a list of countries, the State of Nevada is ranked as the fourth largest gold producer in the world. Nevada has produced 169 million ounces of gold to date, with remaining reserves of more than 70 million ounces.
More importantly, Nevada has excellent potential for additional discoveries and deposit growth. Our exploration philosophy in Nevada is to focus on select deposit types that are marked by large land positions off main trends, and historic resources with high-grades at surface and district-wide potential.
Our key project in Nevada is Kinsley, a sediment-hosted, past producing gold system with a stratigraphy, structure and mineralization-style common to other sediment-hosted gold systems in northeast Nevada.