Nova Gold Rock Creek Construction starts at the gold mine in Alaska
Nova Gold Resources Inc. has all the necessary permits to start construction of its Rock Creek gold mine near Nome, Alaska. Gold production is expected within nine months, so that the first gold Nova, projects production of a mine.
Alaska Department of Natural Resources and U.S. Army Corps of Engineers about permits for mining Gold Rock Creek Mine
Rock Creek gold mine has obtained final approval by the U.S. Army Corps of Engineers end August 21. With permission, finance and equipment available, the Nova Board of Directors or approved, and crews are to begin work immediately. Rock Creek have a minimal impact on the environment and provide substantial economic benefits for the local community, including the creation of 135 full-time jobs.
The governor of Alaska said he was happy to see the project forward when the State of Alaska issued its final authorization. “Here is an excellent example of how this administration has worked with industry to allow projects that address Alaskans,” said Governor Frank Murkowski. “I am very pleased that we have reached the issuance of permits for this project and we welcome the first gold poured about a year.”
Rick Van Nieuwenhuyse, President and CEO of Nova Gold, acknowledged that the development of a mine, it is the effort and support of many interest groups. “Nova Gold recognizes the hard work and efforts of the Alaska State Department of Natural Resources and the U.S. Army Corps of Engineers, for the development project. Furthermore, we recognize and thank our partners - the Bering Straits Native Corporation and Sitnasuak Native Corporation - for their efforts to achieve this moment. We also thank the Governor and the State of Alaska for their journey to programme resources and the Community of Nome for their support. Nova Gold is committed to establishment of a showcase Mine, with the greatest respect for the environment and the town of Nome.
Mine final completion of engineering studies and construction started
In preparation for the board’s decision construction, engineering independent Norwest Corporation, Samuel Engineering, Smith, Williams Consulting, AMEC E & C Services Inc resources and modelling Inc. completed detailed technical and resource estimates for the project. Bristol Environmental Services awarded the contract for environmental studies and approval process.
“Starting Rock Creek under construction is an important milestone in the development of Nova Gold,” said Peter Harris, Chief Operating Officer of Nova Gold. “We expect production in the mid-2007 and the company expects a revaluation of the market, as we move from an exploration company to a gold producer. Our team worked hard and effectively to this reality. Vollendendes this Read more objective underlines the strength of the team of Nova Gold. ”
The Rock Creek mine east of 7000 tons per day conventional mine Open all year and produces about 100000 ounces of gold per year for the estimated total cash cost of U.S. $ 260-285 per ounce. Keeping ends of the investment costs are $ 45 million. Test of Rock Creek work showed that over 75% of gold is back with simple and inexpensive gravity. In combination with a total flotation and gold cyanidation recovery should be 88%, Dore Gold sank on the spot.
Large mines fleet, including the laying trucks, loaders, drills and construction materials have been staged in the company of real estate in Nome and construction could begin immediately after receiving the authorization and Board of Directors decision. Nova Gold believes that on-site construction will last about nine months. The project has a total electricity demand of about 10 MW are the usefulness of local power, joint Nome utility system.
The engineering design and construction of the Rock Creek mine is managed by a team headed by Doug Nicholson, Vice President and General Manager of the Nova gold in Alaska and Alaska Gold Company, and Ken Pohle, Construction Project Manager With Warren Woods, mining and Manager Keith Lee, Mill Manager. Members of the Nova Gold’s Operations name of the team participated in development operations and Kinross Gold in the vast open mine Fort Knox and True North mines in Fairbanks, Alaska.
About Rock Creek
The Rock Creek project is located 12 km (7 miles) from the city of Nome, Alaska on 5700 hectares (14000 hectares) of patented private land in possession of 100% Nova Gold and 8100 hectares (20000 hectares) of land in possession the street Bering and Sitnasuak Native Corporations. Nova Gold has a lease agreement with mining Bering Straits, the first contract of lease for mining gold lode with a Native Corporation under the Alaska Native Claims Settlement Act, and a user interface Agreement with Sitnasuak.
The project is financed by the State to maintain roads and benefits from the presence near the city on the infrastructure and power. Simple mining and processing, modest cost of capital and significant growth potential of the resource Rock Creek an ideal project for Nova or to move from one phase of exploration to a company producing gold. Alaska, the state has recently completed the construction of the Glacier Creek Road by-pass, 3 miles distance, that access improved access to the community of Nome in Rock Creek beyond the project. This road benefits of updating the Rock Creek project and supports future exploration in the mining district of Nome, and was as part of the state of the roads Alaska’s Resources initiative.
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