8th September 2022
By: Mariaan Webb
Creamer Media Deputy Editor Online
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Bullion major Barrick has selected six projects in Japan with the potential to host Tier 1 or Tier 2 orebodies to advance to a second evaluation phase under its strategic alliance with TSX-V-listed explorer Japan Gold.
Tier 1 ore bodies are defined by Barrick as having five-million-ounce or greater potential, with production of at least 500 000 oz/y of gold for ten years, and Tier 2 ore bodies are defined as having three-million-ounce or greater potential, producing 300 000 oz/y over a decade.
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