Overview -
The Goldstrike Property is located in Eureka County, Nevada and covers approximately 9,921 acres. The property consists of the Betze-Post open pit mine and the Meikle and Rodeo undground mines. For the last decade, Goldstrike has produced about 2 million ounces of gold and is still Barrick's largest producer.
The property was first mined in 1976; the Post deposit was discovered in 1982. The Betze deposit was discovered in 1987 soon after Barrick bought the Goldstrike Property. The Meikle and Rodeo orebodies currently make up Goldstrike underground, a high-grade orebody that was discovered in 1989 and began production in 1996. The underground and open pit mines are a mile apart.
The open pit mine is a truck-and-shovel operation using advanced mining equipment. Since the mine began production it has produced over 20 million ounces of gold. The underground mine is a trackless operation, using both long-hole open stoping and drift-and-fill mining methods.
Processing facilities consist of an autoclave and a roaster with a combined design capacity of 33,000 to 35,000 tons per day. Gold is processed into doré on site and shipped to an outside refinery for processing into gold bullion.
The open pit mine
has existing reserves of 16-million ounces and an expected minimum mine life of about 16 years. The Meikle and Rodeo orebodies have reserves of almost 3-million ounces and an expected remaining mine life of about five years.
Goldstrike has 1,600 employees and 200 contractors on site.
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