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It's all about the (Donlin) price tag

There’s never been much of a question about Donlin Gold’s potential. Project partners NovaGold Resources (CN:NG) and Barrick Gold (CN:ABX) have outlined a resource of 39 million ounces at a grade of 2.2g/t Au at the Alaska project, and envision a mine that will one day produce in excess 1Moz per annum.

It's all about the (Donlin) price tag It's all about the (Donlin) price tag It's all about the (Donlin) price tag It's all about the (Donlin) price tag It's all about the (Donlin) price tag

Donlin gold camp in Alaska

But the scale of the project has also been its Achilles' heel, with development costs projected well in excess of US$6 billion and projected returns that swing wildly based on the price of gold.

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