Here's the breakdown of large deposits in North America:
TABLE 1 NORTH AMERICA�S LARGEST GOLD DEPOSITS RANKED BY CONTAINED GOLD IN RESOURCES* Contained Metals Project Location Gold (Mil oz) Copper (Bil lb) Gold EQ (Mil oz) Pebble USA 26.5 16.5 76 Donlin Creek USA 25.5 - 26 Betze-Post USA 19.4 - 19 Metates MEX 12.3 5.4 12 Laronde CAN 10.4 4.9 11 Bingham Canyon USA 10.3 19.7 40 El Arco MEX 5.0 13.6 31
There are 40 million shares of Northern. Which means roughly 1.9 ounces of gold or gold equivalent for each share. Now metal in the ground is not the same as metal in the hand, but the potential is there.
Unlike DROOY, the ores are covered by anywhere from 5 to 25 meters of gravel. The properties are only 52 miles from a warm water port and at an elevation of around a thousand feet.