Estimated $3 billion gold deposit found in North Washington

A north Washington town may hold a gold deposit worth more than $3 billion.
Canadian mining company Calibre Mining Corp reported finding a high-value gold deposit on company-owned land called "The Golden Eagle". The town of Republic, Wash. sits only three miles away.
"The first phase of this drill program confirms a robust mineral system with consistent gold grades over broad widths," said Darren Hall, President and Chief Executive Officer of Calibre.
Calibre conducted an initial drill and estimated a 2 million-ounce deposit might be underground. In current market value, an ounce of gold is worth more than $1,800, and the deposit's estimated value could come out to more than $3 billion before extraction costs.
"Golden Eagle is a meaningful contributor to the Company’s overall mineral resource estimate with 2.0 million ounces in Measured and Indicated Mineral Resource, adding positively to our organic growth strategy," Hall said.
Republic is a historic mining town, but its last gold mine, Kinross' Buckhorn, closed in 2017. Its most active years were from 1898 to 1947, with the Mountain Lion Mine. According to Calibre, the Republic area has produced about 4 million ounces of gold over the past 130 years.
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[@Vickyvee97]

There goes the neighborhood!

[@TwistOnThat]

Who is Body Count?

[@TwistOnThat]

@@Victor-hi8qu I thought we we playing Jeopardy, so I answered with the question. Body Count was formed in 1990. Your response should help make sense to the thread for the people out of the know.

[@TwistOnThat]

@@Victor-hi8qu I never saw them but I got the original CD with Cop Killer.

[@rolland8110]

That’s my HOME TOWN!

[@wax_platypus]

electrify my gold tooth....

[@johnbolton9957]

Time to try out my new metal detector!!!

[@csick11]

Metal detector doesn't detect real gold. I have a 9999 grade gold necklace and bracelet and I I never trigger alarm walking thru tsa detector at airport

[@johnbolton9957]

@@csick11 different technology bud

[@andrewgates8158]

Need a more expensive one

[@wax_platypus]

pure gold us non ferrous,but I like your style.

[@StevenHanover]

Lots of bears out there no way in hell i last 3 days in a tree

[@MountaineerMichael]

Your fish and wildlife pamphlet talks about recreational pannin'. That's suppose to be a form of your permit. But it's not enforced. Just don't use jet dry. 😉✌ please. Ty

[@wanderlustandsparkle4395]

Stop putting stuff like this in the news keep this stuff quite 🤦‍♀️

[@StevenHanover]

Quiet*

[@StevenHanover]

Where's it at I'm on my way now!

[@wax_platypus]

I want to go to there.

[@Dpadvisor]

I’m sure inslee thinks that’s half his gold to spend.

[@NPzed]

lmao if you think he only wants half ;)

[@Meta.Empress]

Click bait

[@katielowen]

REPARATIONS IN THEM THERE MINES