Barrick Gold (TSE:ABX) Increases Reserve Estimates at Donlin Creek

Barrick Gold Donlin Creek Gold Project

Barrick Gold (TSE:ABX), which holds a 50 percent stake in the Donlin Creek Gold Project with NovaGold Resources (TSE:NG), has increased the reserve/resource estimates for its Donlin Creek Gold Project by 4.3 million ounces.

The amount of reserve/resource of gold at the site now stands at an estimated 33.6 million ounces.

Barrick Gold's portion of the gold reserves, along with NovaGold's, are 16.8 million ounces each.