Agnico Eagle COVID-19 and Operations Update
Mexico Exploration and Development Projects
Exploration and
Development
El Barqueno
Highlights
AGNICO EAGLE
Agnico Eagle acquired its 100% interest in the El Barqueno project in November 2014. The 79,746-hectare property is in the Guachinango gold-silver mining district
of Jalisco State in west-central, Mexico, approximately 150 kilometres west of the state capital of Guadalajara
El Barqueno is estimated to contain 318,000 ounces of gold and 1.2 million ounces of silver in indicated mineral resources (8.2 million tonnes grading 1.21 g/t gold
and 4.63 g/t silver) and 325,000 ounces of gold and 4.6 million ounces of silver in inferred mineral resources (8.3 million tonnes grading 1.21 g/t gold and 17.25 g/t
silver).
Santa Gertrudis
Agnico Eagle holds a 100% interest in the 42,000-hectare Santa Gertrudis gold property
Three favorable geological trends with a potential strike length of 18 km have been identified with limited drilling between deposits
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Inferred mineral resources of 1.2Moz at year end 2019
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The Santa Gertrudis project appears to have potential to eventually be a similar sized operation to La India
25,000m of drilling planned in 2020 to expand mineral resources and test new targets. In H1 2020, 26 holes (14,282 metres) were completed with a focus on
expanding and developing new mineral resources in the Amelia deposit, the Espiritu Santo Zone and the Toro Trend. Highlights include: 2.7 g/t gold and 308 g/t silver
over 11.5 metres at Amelia, 2.7 g/t gold and 321 g/t silver over 3.3 metres at Espiritu, and 2.8 g/t over 9.5 metres at the Toro Trend.
See AEM February 13, 2020 press release and appendix for detailed breakdown of mineral reserves and mineral resources.
CIBC 24th Annual Western Institutional Investor Conference 28View entire presentation