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Barrick starts drilling at Carlin Gold's Cortez Summit gold project

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Barrick starts drilling at Carlin Gold's Cortez Summit gold project

Barrick Gold Corp. unit Barrick Gold Exploration Inc. started drilling at Cortez Summit gold project in Nevada as part of its earn-in agreement with Carlin Gold Corp., according to a June 6 release.

Barrick may earn a 70% interest in the property by spending US$5 million by Dec. 31, 2020, of which US$500,000 is to be committed by Sept. 1.

The drilling is targeting an area known as the Fourmile structural zone in the southwest section of the Cortez Summit project.