Location and History

GROSS

Gross is Nordgold’s new flagship mine in Russia. It was formally launched in September 2018 during the Eastern Economic Forum.

Gross is the third greenfield project developed by Nordgold from exploration to production over the last six years, cementing the Company’s position as a truly world leading developer of a the world-class gold mines.

The project is located in the southwestern Yakutia, some 125 km northeast of the Ikabya station on the BAM railway and some 4 km to the east of Nordgold's Taborny mine.

The Gross mine is the open pit heap leach operation and expected to produce 200 koz of gold per year over a period of 17 years.

Gross created nearly 900 new highly skilled jobs, and we expect the mine to be a major contributor to the economic and cultural growth of the region.

The proximity of Taborny is enabling Nordgold to benefit from economies of scale, an expert knowledge of the local geology and shared expertise from Taborny’s management team.

Mineral Resources and Ore Reserves Summary (31 December 2017)

Category Ore (Kt) Grade (g/t) Au (Koz)
RESOURCES
Measured and Indicated 386,029 0.68 8,121
Inferred 78,6180.641,619
Total (M+I+I) 464,647 0.67 9,740
RESERVES
Proven and Probable 189,816 0.72 4,408

For more information, please see Mineral Resources and Ore Reserves Press Release

CONTACTS

tel.+7 495 644 44 73

Irina Dormidontova

RECRUITMENT MANAGER
tel.+7 495 644 44 73

OLEG BAZALEEV

HEAD OF SUSTAINABLE DEVELOPMENT PROJECTS
tel.+7 495 644 4473 #707 6746