Investor Presentaiton
Amaruq Project Approved for Production
First Production Forecast to Commence Projects in Q3 2019
AGNICO EAGLE
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Amaruq - Permits Expected Mid-2018
Production of ~ 2.0 Mozs of gold over a 6 year mine life (less than 50% of the current
mineral resource)
➤ Average annual gold production of ~369,000 ozs in years 2 through 6 at an average total
cash costs per ounce of ~$770, and an average AISC of ~$850 per ounce
Initial capital costs estimated to be ~$330 million, sustaining capital costs estimated to be
~$25 million per year
➤ Opportunities include potential to accelerate the construction schedule, expand known
deposits through drilling and develop an underground operation
AGNICO EAGLE | NUNAVUT MINING PLATFORM | 17View entire presentation