{"id":1106879,"date":"2019-03-22T10:05:15","date_gmt":"2019-03-22T10:05:15","guid":{"rendered":"http:\/\/www.mining.com\/?p=977770"},"modified":"2019-03-22T10:05:15","modified_gmt":"2019-03-22T10:05:15","slug":"barrick-may-close-golden-sunlight-mine-in-may","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1106879","title":{"rendered":"Barrick may close Golden Sunlight mine in May"},"content":{"rendered":"<p>Canada\u2019s Barrick Gold (TSX:ABX) (NYSE:GOLD) could <a href=\"https:\/\/www.barrick.com\/English\/news\/news-details\/2019\/Update-on-Operations-at-Golden-Sunlight\/default.aspx\"  rel=\"noopener\">close its Golden Sunlight mine in Montana as soon as May<\/a>, unless the company finds a way to keep the 44-year-old and nearly depleted operation in business.<\/p>\n<p><q class='pullQuote-right'>Barrick is limiting\u00a0mining\u00a0to existing areas only, with a a final new mill run to process\u00a0gold\u00a0ore scheduled in two months.<\/q><\/p>\n<p>Underground\u00a0development has already ceased and Barrick is limiting\u00a0mining\u00a0to existing areas only, it said. A final new mill run to process\u00a0gold\u00a0ore is scheduled in two months.<\/p>\n<p>The gold giant plans to continue\u00a0underground and\u00a0surface\u00a0exploration\u00a0drilling, with a focus on the southern extension of the Sunlight vein. Barrick will also evaluate the potential to reprocess historic tailings, while conducting hydrological and geochemical studies to support ongoing\u00a0water\u00a0treatment and reclamation work.<\/p>\n<p>In the coming months, the company will review the findings from these different work streams and determine the path forward for the operation, at which time a further update will be communicated.<\/p>\n<p>Golden Sunlight currently employs 55 people and also has about 90 contract employees.<\/p>\n<p>Proven and probable gold reserves at the mine are estimated at 20,000 ounces, gold resources at 164,000 ounces and inferred gold resources at 84,000 ounces.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/barrick-may-close-golden-sunlight-mine-may\/\">Barrick may close Golden Sunlight mine in May<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Montana, U.S.-based Sunlight mine has been approaching the end of its operational life in recent years and its remaining gold reserves are nearly depleted. <\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/barrick-may-close-golden-sunlight-mine-may\/\">Barrick may close Golden Sunlight mine in May<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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