Bald Mountain is an open-pit mine with a large estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. The operation was acquired by Kinross in January 2016, and in October 2018, Kinross acquired the remaining 50% of the Bald Mountain exploration joint venture zone from Barrick Gold to consolidate ownership of the property, creating the largest private mining land package in the United States.
In December 2024, Kinross converted approximately one million ounces to reserves, and made the decision to proceed with mining of Phase 1 at the Redbird pit. Following the success of Phase 1, in January 2026 the Company announced that it would be proceeding with the development of Redbird 2. The Redbird 2 project consists of Phase 2 of the Redbird pit along with five additional satellite pits that combined are expected to incrementally produce a total of approximately 640,000 Au oz. First production at Redbird 2 is expected in 2028, with average production of approximately 155,000 Au oz. per year between 2028-2031. This extends production at Bald Mountain until early 2032. The project leverages the existing infrastructure, equipment, and workforce at Bald Mountain, continuing the long history of successful open pit heap leach operations on the extensive land package.
With approximately 2.5 million gold ounces of estimated measured and indicated gold resources (as of December 31, 2025) and a pipeline of high-quality targets, the Company is exploring further opportunities for additional resource conversions and exploration success.