Perama Hill Project Overview
Québec, Canada
100%
Lamaque Complex
Underground gold mine located in Val-d'Or, Québec. The high-grade orogenic Triangle deposit
feeds the current mine life.
OVERVIEW
Location
Ownership
RESERVES AND RESOURCES (2)
Contained
Tonnes
Grade
Hudson Bay
Ounces
(x1000)
(g/t Au)
Mine type
Underground
(x1000 Au)
Metals mined
Gold
P&P Reserves - Lamaque Complex
4,454
6.12
877
Processing
method
Milling circuit followed by a leach
and CIP circuit
CANADA
Lamaque
M&I Resources - Triangle, Plug #4,
Parallel
6,810
7.67
1,679
Montreal
M&I Resources - Ormaque
309
19.24
191
Deposit type
Life of mine
2022 Results
Orogenic gold veins
-5 yrs Upper Triangle based on
Reserves
~8 yrs Lower Triangle and
Ormaque based on Resources
174,097 ozs produced at $1,036/cz
AISC(1) and C1 Cost (1) of $642/oz
sold
Toronto
USA
Inferred Resources - Lamaque
Complex
11,597
8.67
3,232
•
Exploration Upside
Advancing Ormaque resource conversion drilling
2023 Q3 YTD
Production: 120,450 ozs
Cash Operating Cost (C1)(1):
•
Large resource base and exploration upside from nearby
targets
$673/oz sold
eldorado gold
•
Strategic land positions in highly-prospective jurisdictions
15
(1) These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. (2) Please refer to the Appendix for more information with respect
to the mineral resources and mineral reserves.View entire presentation