{"id":8334,"date":"2026-05-10T23:06:38","date_gmt":"2026-05-11T03:06:38","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=8334"},"modified":"2026-05-10T23:53:28","modified_gmt":"2026-05-11T03:53:28","slug":"barrick-fourmile-journey-from-snake-eyes-to-a-century-defining-discovery","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/barrick-fourmile-journey-from-snake-eyes-to-a-century-defining-discovery\/","title":{"rendered":"Barrick&#8217;s Fourmile Journey: From Snake Eyes to a Century-Defining Discovery"},"content":{"rendered":"\n<div style=\"font-family:Tahoma, Geneva, sans-serif; font-size:14px; line-height:1.6; color:#222; max-width:740px; margin:0 auto;\">\n\n<p style=\"margin:0 0 14px;\">\nWhen <strong>Barrick<\/strong> initially began drilling at <strong>Fourmile<\/strong> in 2015, their\n<strong>first 10 holes<\/strong> came up\n<span style=\"color:#e74c3c;\"><strong>snake eyes<\/strong><\/span> where they\n<span style=\"color:#e74c3c;\"><strong>didn&#39;t<\/strong><\/span> hit much\n<strong><span style=\"color:#f1c40f;\">gold<\/span><\/strong>.\nThey were about to\n<span style=\"color:#e74c3c;\"><strong>give up<\/strong><\/span> but decided to drill one last hole,\nwhich became known as &quot;hole 427&quot;.\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\n<strong><a href=\"https:\/\/www.barrick.com\/English\/news\/news-details\/2018\/fourmile-journey-to-a-high-grade-discovery\/default.aspx\" target=\"_blank\" style=\"color:#2980b9; text-decoration:none;\">Click here<\/a><\/strong>\nto read a November 2018 <strong>Barrick article<\/strong> entitled,\n<strong>&#39;Fourmile: Journey to a High-Grade Discovery&#39;<\/strong>.\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nAccording to the article,\n<strong>\n&quot;In describing the findings from hole 427, he notes that the\n<span style=\"color:#2980b9;\">silicification<\/span>,\n<span style=\"color:#2980b9;\">brecciation<\/span>, and high sulfide levels in the core sample were all very encouraging.\nIn layman&rsquo;s terms, this means there were clues in the sample, or what geologists refer to as\n<span style=\"color:#2980b9;\">alteration<\/span>, that were\n<span style=\"color:#2980b9;\">strongly indicative<\/span> of\n<span style=\"color:#27ae60;\">high-grade<\/span> ore.&quot;\n<\/strong>\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nWhen the assays came back from the lab,\n<strong>Barrick&#39;s Fourmile hole 427<\/strong> included an intercept of\n<strong>5.8 meters grading <span style=\"color:#f1c40f;\">49.7 g\/t gold<\/span><\/strong>,\nwhich is almost unheard of in today&#39;s modern-day mining industry.\nThis was <strong>Barrick&#39;s &quot;fish on a hook&quot; hole<\/strong> at <strong>Fourmile<\/strong>,\nwhich caused them to begin\n<strong>\n<span style=\"color:#27ae60;\">drilling new<\/span>\n<span style=\"color:#2980b9;\">widely spaced<\/span> holes\n<\/strong>\nlocated 300m to the north and south of hole 427.\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nIn 2016,\n<strong>Barrick <span style=\"color:#27ae60;\">drilled<\/span> 8 new holes<\/strong>\nto a depth of 900m at <strong>Fourmile<\/strong> and\n<strong>2 of the 8 <span style=\"color:#27ae60;\">intercepted high-grade<\/span>\n<span style=\"color:#f1c40f;\">gold<\/span><\/strong>.\nIn 2017,\n<strong>Barrick <span style=\"color:#27ae60;\">drilled<\/span> another 8 new holes<\/strong>\nat <strong>Fourmile<\/strong> and\n<strong>6 of the 8 <span style=\"color:#27ae60;\">intercepted high-grade<\/span>\n<span style=\"color:#f1c40f;\">gold<\/span><\/strong>.\nAt the time of <strong>Barrick&#39;s 2018 Fourmile article<\/strong>,\nit was considered a\n<span style=\"color:#27ae60;\"><strong>new high-grade discovery<\/strong><\/span>\nwith a\n<span style=\"color:#2980b9;\"><strong>footprint<\/strong><\/span>\nmore than <strong>600 meters long by 200 meters wide<\/strong>.\n<span style=\"color:#e74c3c;\"><strong>Nobody<\/strong><\/span> could\n<span style=\"color:#2980b9;\"><strong>imagine<\/strong><\/span> what it would later become!\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nLess than eight months ago,\n<strong>Barrick <span style=\"color:#2980b9;\">published<\/span><\/strong>\nan article entitled,\n<strong>\n&#39;Updated Studies Confirm Barrick&rsquo;s Fourmile as One of This Century&rsquo;s\n<span style=\"color:#27ae60;\">Most Significant<\/span>\n<span style=\"color:#f1c40f;\">Gold Finds<\/span>&#39;\n<\/strong>.\n<a href=\"https:\/\/www.barrick.com\/English\/news\/news-details\/2025\/updated-studies-confirm-fourmile-as-one-of-this-centurys-most-significant-gold-finds\/default.aspx\" target=\"_blank\" style=\"color:#2980b9; text-decoration:none;\">\n<strong>Click here<\/strong>\n<\/a>\nto read!\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nIn this article,\n<strong>Barrick&#8217;s CEO<\/strong> predicted that <strong>Fourmile<\/strong> will\n<strong>\n&quot;rank among the <span style=\"color:#27ae60;\">top 10<\/span>\n<span style=\"color:#f1c40f;\">gold<\/span>\n<span style=\"color:#27ae60;\">producers<\/span> globally with\n<span style=\"color:#2980b9;\">industry-leading<\/span>\n<span style=\"color:#27ae60;\">operating cash flows<\/span>&quot;\n<\/strong>.\nHe explained,\n<strong>\n&quot;Very few projects anywhere in the world today can offer this combination of grade, scale and cash flow.\nFourmile is one of those rare discoveries that has the potential to reset the industry cost curve.&quot;\n<\/strong>\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\n<strong>Westward Gold (CSE: WG)<\/strong> is about to\n<span style=\"color:#27ae60;\"><strong>launch drilling<\/strong><\/span>\nat their <strong>SSD Zone<\/strong> located\n<span style=\"color:#2980b9;\"><strong>adjacent<\/strong><\/span>\nto <strong>Barrick&#39;s Fourmile<\/strong>, where <strong>WG<\/strong> has been\n<span style=\"color:#27ae60;\"><strong>discovering<\/strong><\/span>\nthe <strong><span style=\"color:#2980b9;\">same types<\/span><\/strong> of\n<strong>alteration<\/strong> found at <strong>Fourmile<\/strong>,\nincluding <strong>silicification<\/strong> and <strong>brecciation<\/strong>!\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nTake a look at this sample from <strong>SSD Zone<\/strong> drill hole <strong>T902C<\/strong>:\n<\/p>\n\n<p style=\"margin:0 0 14px; text-align:center;\">\n<img decoding=\"async\"\n    alt=\"SSD Zone Drill Hole\"\n    src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/05\/ssdzonedrillhole.jpg\"\n    style=\"display:block; width:100%; max-width:600px; height:auto; margin:0 auto; border:0;\"\n\/>\n<\/p>\n\n<p style=\"margin:0 0 14px;\">\nThis drill hole intercepted\n<strong>7 meters grading <span style=\"color:#f1c40f;\">6.92 g\/t gold<\/span><\/strong>\nincluding\n<strong>1.5 meters grading <span style=\"color:#f1c40f;\">17 g\/t gold<\/span><\/strong>!\n<strong>Mineralization<\/strong> remains\n<span style=\"color:#2980b9;\"><strong>open<\/strong><\/span>\nin <strong><span style=\"color:#27ae60;\">all<\/span> directions<\/strong>,\nparticularly to the northeast and northwest, which is where <strong>WG<\/strong> will be\n<span style=\"color:#2980b9;\"><strong>focusing<\/strong><\/span>\nits <strong>2026 SSD Zone drilling<\/strong>!\n<\/p>\n\n<p style=\"margin:0 0 14px; text-align:center;\">\n<img decoding=\"async\"\n    alt=\"Westward Gold Land Package\"\n    src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/05\/westwardgold84sqkmdirectlyadjacentnevadacortezgoldcomplexbarrickfourmile.jpg\"\n    style=\"display:block; width:100%; max-width:600px; height:auto; margin:0 auto; border:0;\"\n\/>\n<\/p>\n\n<p style=\"margin:0;\">\n<em>\n<span style=\"font-size:10px; line-height:1.4; display:block; color:#666;\">\nPast performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice.\nAlways do your own research and make your own investment decisions.\nNIA has received compensation from WG of US$60,000 cash for a six-month marketing contract.\nThis message is meant for informational and educational purposes only and does not provide investment advice.\n<\/span>\n<\/em>\n<\/p>\n\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When Barrick initially began drilling at Fourmile in 2015, their first 10 holes came up snake eyes where they didn&#39;t hit much gold. They were about to give up but decided to drill one last hole, which became known as &quot;hole 427&quot;. Click here to read a November 2018 Barrick article entitled, &#39;Fourmile: Journey to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,9,297],"class_list":["post-8334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-b","tag-gold","tag-wg"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=8334"}],"version-history":[{"count":3,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8334\/revisions"}],"predecessor-version":[{"id":8340,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/8334\/revisions\/8340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/8336"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=8334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=8334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=8334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}