For thousands of other reports visit RSC's Mineral Intellingence Map
Agnico Eagle Mines Ltd.
Summary
| Project: | La India | |
|---|---|---|
| Deposit: | La India | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 9/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 5-9-2017: Agnico Eagle Mines Ltd. announces an Exploration/Drilling Update report for its La India deposit at the La India project. Drilling results incl. 37.7m @ 0.88g/t Au, 1g/t Ag from 80m. “Our solid operational performance has generated strong cash f | |
| Resources: | (Reserve, P+P): 43.989Mt @ 2.63g/t Au for 3.716Moz Au contained at project | |
| CP/QP: | [Overall Report]: Guy Gosselin, Daniel Doucet (Internal) | |
| ABSTRACT: | “Our solid operational performance has generated strong cash flow, which has allowed us to maintain a robust exploration budget both at our mine sites and at our exploration/development projects in 2017. As a result, we continue to make new discoveries and extend the mineralization at multiple projects,” said Sean Boyd, Chief Executive Officer of Agnico Eagle. “We believe that there is good potential to expand and upgrade the mineral resources and mineral reserves at many of our key projects by year-end 2017”, added Mr. Boyd. Amaruq Satellite Deposit – V Zone Expands at Depth and to West; Whale Tail Ore Shoot Extended, Directional Drill Program Reaching Below Current Mineral Resources; New Tugak Showing Discovered 4.5 Kilometres West of Planned Whale Tail Pit; I Zone Confirmed by New Drilling Agnico Eagle has a 100% interest in the Amaruq satellite deposit, approximately 50 kilometres northwest of the Meadowbank mine. Amaruq is situated on a 116,717-hectare property, near the 77,411-hectare Meadowbank property. A significant gold discovery was made on the Amaruq property in 2013, and activities since that time have focused on the development of satellite mineralization to feed the existing 11,000 tonne per day Meadowbank mill. At December 31, 2016, the Amaruq property contained an open pit indicated mineral resource of 2.1 million ounces of gold (16.9 million tonnes grading 3.88 g/t gold); an open pit inferred mineral resource of 763,000 ounces gold (4.9 million tonnes grading 4.81 g/t gold); and an underground inferred mineral resource of 1.4 million ounces gold (6.8 million tonnes grading 6.22 g/t gold). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report