Kinross begins drilling at West Point Gold's Jefferson Canyon project in Nevada, advancing exploration with potential $10M option.

Kinross Gold U.S.A. has started drilling at West Point Gold's Jefferson Canyon project in Nevada after receiving permits and completing bonding. The project is near Kinross's Round Mountain mine and has promising historical drill results indicating significant gold and silver mineralization. Under a 2022 agreement, Kinross may invest up to $10 million to acquire up to 80% of the project, while West Point Gold retains a 20% interest and royalty protections. This partner-funded exploration allows West Point Gold to focus on its flagship Gold Chain Project while maintaining exposure to Jefferson Canyon's potential.

Kinross Gold's new drilling activity at the Jefferson Canyon project adds to its ongoing exploration efforts near the Round Mountain mine. On Pluang, Kinross Gold Corporation (KGC) shares trade at USD 24.26, showing a 0.75% increase as of Oct 01, 2026, 18:12 WIB. The stock holds a market cap of $28.67 billion and has a dividend yield of 0.66%, with all Pluang orders currently on the buy side.