Issue link: http://resourceworld.uberflip.com/i/1078872
F E B R U A R Y / M A R C H 2 0 1 9 www.resourceworld.com 11 Barrick is the operator and 75% owner of Turquoise Ridge underground mine about 44 miles north-east of Winnemucca. Newmont Mining owns the remaining 25%. At 15.56 g/t gold, it has the high - est reserve grade in Barrick's operating portfolio. Barrick is also the operator and 60% owner of the South Arturo Mine near the Goldstrike mine. Premier Gold Mines Ltd. [PG-TSX] holds the remaining 40% interest. Belmont Resources Inc. [BEA-TSXV; L3L-FSE] has resumed drilling at the Kibby basin lithium brine project 65 km north of the Clayton Valley with 50% optionee MGX Minerals Inc. [XMG-CSE; MGXMF- OTC; 1MG-FSE]. Hole KB-4 has a targeted depth of 300 metres into the lake bed sedi - ments. Previous drilling showed lithium in clay mineralization 1,200 to 1,700 feet up to 580 ppm (parts per million) lithium and moderate lithium mineralization at shallow depths to 300 feet up to 100 ppm Li. Blackrock Gold Corp. [BRC-TSXV; BKRRF-OTC] is exploring the Silver Cloud property located near the confluence of the Carlin Trend and the Northern Nevada Rift in north-central Nevada. The property is 5 miles west of Hecla's Hollister Mine. Limited drilling yielded results in excess of 145 g/t gold over 1.5 metres and 5.67 g/t gold over 22.8 metres. Contact Gold Inc. [C-TSXV] has about 212 km 2 of landholdings on the Carlin, Independence and Northern Nevada Rift gold trends which host numerous gold deposits and mines. Contact Gold's claims host numerous known gold occurrences, ranging from early stage to advanced exploration and resource definition stage. The company's focus is on the Pony Creek gold project where recent drilling returned 0.33 g/t oxide gold over 92.97 metres from surface. Coral Gold Resources Ltd. [CLH-TSXV; CLHRF-OTCQX] holds an uncapped, slid - ing scale royalty with Barrick Gold on the Robertson Project 60 miles southwest of Elko. Barrick has begun pre-feasibility and permitting to bring Robertson into production. Coral maintains three highly- prospective projects nearby – JDN, Norma Sass and Eagle. Corvus Gold Inc. [KOR-TSX; CORVF- OTCQX] in late 2018, announced results for its initial Preliminary Economic Assessment (PEA) combining the North Bullfrog- Mother Lode projects in southwest Nevada. Results outline a large new mining project with attractive preliminary production statistics that include estimated 347,100 ounces of annual gold production during the first four years and an after-tax 5% discounted Net Present Value (NPV) of US $586 million with an IRR of 38% and esti - mated payback period of 2.1 years. Cypress Development Corp. [CYP- TSXV] has a 100% interest in the Clayton Valley lithium project (Dean and Glory claims) where it is working toward the Prefeasibility Study (PFS) outlined in its NEVADA