The Fort Knox deposit is classified as an Intrusion-Hosted Mesozonal deposit in the Reduced Intrusion-Related Gold Deposit (RIRG) style (Hart, 2005). RIRG deposits typically occur associated with moderately reduced intrusions in reduced siliciclastic sequences, and have a common association with W-Sn±Mo metallogenic belts. The key characteristics of these deposits are a low sulfide content, association with reduced ore mineral assemblages, and metal assemblages of Au>Ag, Bi, As, W, and Mo (Robert, 2007). The reduced intrusion occurs as equigranular and multiphase granitic stocks and batholiths. Gold is hosted in sheeted veins, which are coeval with their causative intrusion (Robert, 2007). Although these deposits do not have a significant hydrothermal alteration footprint, there are often peripheral mineralization occurrences and proximal thermal alteration, which have a predictable distribution pattern, including secondary aluminosilicates, biotite, and tourmaline, skarns and polymetallic veins (Hart, 2005; Robert, 2007). The Gil deposit is hosted in skarns and quartz veins within the skarns. The Fairbanks district hosts gold in a variety of geologic settings, including: - the Fort Knox deposit (the largest lode deposit in the district), where gold is hosted in quartz, quartz-sericite, and quartz pegmatite veins, stockwork zones, and mineralized shear zones; - the Gil project, where gold is hosted in skarns and quartz veins within the skarns; - the True North deposit, ........

The Fort Knox property is located in Fairbanks North Star Borough, Alaska and includes the main Fort Knox open pit mine, mill, tailings storage facility, heap leach facilities, the Gil-Sourdough Exploration project, and the former True North mine site. The Gil Project is located approximately six miles east of the Freshwater Reservoir at Fort Knox. The project is connected to the Fort Knox operational area by a production haul road that originates near the Fort Knox TSF dam and ends at the project site. The existing operation is a conventional hard-rock open pit using drilling, blasting, loading, hauling and support functions. Mining is currently performed using 9 m (30 ft) benches, which are mined as single benches in schist and in double-bench orientations in granites. The Fort Knox mine operates 24 hours per day, 365 days per year. The mine design is based on key considerations that include: • Compliance with the geotechnical recommendations for slope angle set out by the geotechnical studies; • Minimum allowable mining width (for any substantial sustained distance) of 36.6 m (120 ft) for practical mining with the existing shovel fleet; • Haul road access with two lane widths and a maximum effective grade of 10.5% for operation with the existing fleet; • Bench height that is safely manageable with the existing fleet of Hitachi 5500 excavators without substantial support equipment requirements; • Pit exits that are close to material destinations, the stockpiles, wa ........

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