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Transaction Announcement Reports
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Project: | Amaruq | |
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Deposit: | Amaruq | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 7/17/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 17-7-2018: Agnico Eagle Mines Ltd. announces an Exploration/Drilling Update report for its Amaruq deposit at the Amaruq project. Drilling results incl. 16.9m @ 10.2g/t Au from 316m. Toronto (July 16, 2018) – Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Dominique Girard (Internal) | |
ABSTRACT: | Toronto (July 16, 2018) – Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) ("Agnico Eagle" or the "Company") is providing an update on activities at its 100% owned Nunavut projects. These include the Amaruq project, which is located approximately 50 kilometres northwest of the Meadowbank mine, and the Meliadine project, which is located approximately 25 kilometres from Rankin Inlet. Highlights include "We would like to thank the various regulatory agencies, both federal and territorial, the Inuit Organizations, the local communities and our employees for their diligent participation in the permitting process. With the approval of the Whale Tail Type A Licence, the project remains on schedule to commence production in the third quarter of 2019, and exploration activities continue to expand the known mineralization, which could potentially extend the mine life", said Sean Boyd, Agnico Eagle's Chief Executive Officer. "Elsewhere in Nunavut, development activities at Meliadine are progressing on schedule and on budget, which continues to support the start of production in the second quarter of 2019", added Mr. Boyd. Approval Received for Type A Water Licence for the Whale Tail Pit | |
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