Nevada always prospective for gold exploration

摘要

Nevada's Basin and Range isone of the great metallogenic gold provinces of the world. Gold production from Nevada totals about 175 million oz., while proven and probable reserves at existing operations exceed 70 million oz. In 2008 alone, Nevada was ranked as the world's fourth-largest gold producing region, contributing 5.7 million oz. from 19 major gold operations. Exploration spending, as voluntarily reported to the Nevada Division of Mines, is in the US$50-million-per-year range (probably closer to US$70 million) while mine expansion expenditures came to US$110 million in 2008.