AngloGold Ashanti plc AU is advancing its North Bullfrog and Arthur Gold Projects in southern Nevada, near the town of Beatty. Following the Augusta Gold Corp acquisition in October 2025, AU consolidated its position in the Beatty District. This includes the flagship Arthur Gold Project, formerly the Expanded Silicon Project, which includes Silicon and Merlin deposits.
AngloGold Ashanti expects the Arthur Gold Project to be a central pillar of its strategy to build a world-class, long-life production platform in the United States. A recent Technical Report Summary on the project identifies it as a Tier-One gold deposit with potential for further growth in southern Nevada’s Beatty Mining District.
The latest pre-feasibility study reported a first-time Probable Mineral Reserve of 4.9 million ounces of contained gold and 7.8 million ounces of contained silver. As of Dec. 31, 2025, a gold Indicated Mineral Resource of 1.0 million ounces and a gold Inferred Mineral Resource of 5.5 million ounces were reported at the Merlin deposit.
AU expects annual production of 500,000 ounces for the Arthur Gold Project in its initial phase, with some years potentially surpassing expectations. The company also expects the project to deliver immediate scale in a top-tier mining jurisdiction.