Kinross donates core from gold prospects near Fort Knox Mine
(Eagle River, AK) – The Department of Natural Resources’ Alaska Geologic Materials Center (GMC) recently received a significant donation of mineral core from Kinross Gold Corporation, which operates the Fort Knox Mine near Fairbanks.
The company shipped nearly one and three-quarter miles (approximately 9,000 ft) of hard-rock mineral core to the GMC from gold prospects near the Fort Knox mine in May.
The Alaska GMC, currently located in Eagle River, is the central repository in which geologic materials, collected throughout Alaska, are cataloged, stored, and made available for continued research. The Alaska Geologic Materials Center currently archives samples and core representing more than 13 million feet of oil and gas exploration drilling and 250,000 feet of mineral core.
“Modern, sophisticated analysis of archived samples is widely recognized as one of the most cost-effective methods of focusing industry exploration into areas of high resource potential,” said Division of Geological & Geophysical Surveys Director and State Geologist Bob Swenson. “One foot of core can provide the critical piece of information that leads to the discovery of a resource worth billions of dollars,” he said.
“Fort Knox highly values our partnerships with local and statewide agencies. We also recognize that we have a responsibility to do what we can to insure that generations of Alaskans have the opportunity to continue working in our industry,” said Anna Atchison, Community and Government Relations Manager for the Fort Knox mine.
The Fort Knox mine is located in the Fairbanks mining district, a northeast trending belt of lode and placer gold deposits that comprises one of the largest gold producing areas in the state of Alaska. In 2012, the mine produced nearly 360,000 ounces of gold and employed more than 550 Alaskans.