Fort Knox Remains Committed to Alaska Communities
continued from Page 7
and providing economic benefits to the state. Its performance in developing Gilmore, which included transparent community consultations, is an example of that commitment, and that same standard applies to its Gil-Sourdough satellite pits, the Manh Choh project, and all future developments. Among notable developments: n Fort Knox contributed approximately $300 million to Alaska’s economy in 2019 through procurement, taxes, wages, community programs and donations, providing meaningful livelihoods for employees, opportunities for local suppliers, and support to approximately 90 Alaska nonprofits. n The commitment to environmental stewardship is exemplified by Fort Knox’s partnership with the Alaska Department of Fish and Game in managing a major environment restoration project in the Fish Creek valley, and its recent reclamation of the True North deposit in 2015, with the land returned back to Alaska for future public use in 2020. They have also recently announced the Abandoned Mine Restoration Initiative — a partnership with Trout Unlimited. n The Gil is a small project that they have been studying
since the early 2000s and actively exploring on since 1982. While the Gil deposit has been part of the company resource portfolio for many years, it is only with the recent paradigm shift to leverage the Fort Knox mill and today’s continued strong gold price environment that the Company sees a timely opportunity for development. n Permitting is underway, and the company anticipates first ore to reach the Fort Knox mill in Q4 2021. As has always been the case, they remain committed to responsible mining and transparent community communications, and will apply the same high standards to this development as they have to other developments in the past. n The small satellite project, which does not use the public highway system, is expected to bring substantial contractor employment opportunities to the region for two years, increase in taxes paid to the State. n The project will not use the highway for haulage between Fort Knox and Gil-Sourdough, as it is on mine roads — Shane Lasley, North of 60 Mining News
“We protect the environment because this is the land where we grew up.” – Evan Polty Jr. Lead Mechanic, Donlin Gold Born in Pilot Station and Resident of Russian Mission
Respectful development for all generations.
To learn more, visit us at donlingold.com
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May 2021 I The Alaska Miner I www.alaskaminers.org
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