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Mining of Locatable Minerals

Goldstrike Mine

Reclaimed Goldstrike MineThe Goldstrike Mine began gold production in 1989 after Tenneco Mineral’s geologists found anomalous gold values that were sufficient to operate at a profit. USMX purchased the mine from Tenneco in 1995. The ore grade dropped to below profitable levels in 1996 and the mine was scaled back and finally halted in 1997. Final reclamation of the buildings, ponds, heaps, and other infrastructure was completed in 1998. The mine produced 200,000 ounces of gold and a smaller amount of silver from twelve open-pit mined deposits.


 

Photo: View of the reclaimed Basin Pit (right foreground) and the Hamburg Pit.