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Agnico Eagle Mines Ltd.

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Summary

Project:

Amaruq

Deposit:Whale Tail, V Zone
Location:Canada
Commodities:Gold
Date:10/26/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-10-2017: Agnico Eagle Mines Ltd. announces an Exploration/Drilling Update report for its Whale Tail, V Zone deposit at the Amaruq project. Drilling results incl. 2.9m @ 247.3g/t Au from 192.1m. Agnico Eagle has a 100% interest in the Amaruq satellite d
Resources:
CP/QP:[Overall Report]: Alain Blackburn, Guy Gosselin, Dominique Girard (Internal)
ABSTRACT: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, almost adjacent to the 77,411-hectare Meadowbank property. 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 of gold (4.9 million tonnes grading 4.81 g/t gold); and an underground inferred mineral resource of 1.4 million ounces of gold (6.8 million tonnes grading 6.22 g/t gold). Development of the Amaruq property has been approved by the Company’s Board of Directors as a satellite deposit to supply ore to the existing Meadowbank mill, pending the receipt of the required permits.

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