Hope Bay

MMX Interest:  1% net smelter return (NSR) royalty
MMX Metal Exposure:  Gold (Au)
Location:  Nunavut, Canada
Operator:  Agnico Eagle Mines Ltd.
Status:  Producing
 

Asset Information

  • High grade cornerstone asset with 15+ year mine life
  • Made up of 3 main deposits (Doris, Madrid and Boston) defined on a large 1,101km2 prospective land package
  • Gold recoveries improved from 79% in 2018 to 82% in 2019 and averaged 88% in Q3 2020
  • Fully permitted for the continued mining and gold production at Doris and for the development and mining of the Madrid North, Madrid South and Boston deposits
  • Pre-feasibility study results announced in March 2020 included updated resource estimates and a potential throughput expansion

For more information on Hope Bay, please visit www.agnicoeagle.com.

 

Source: Agnico Eagle Mines Ltd. public disclosure.