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Éléonore (Au)

osisko-gaumond-exploration-shaft
osisko-eleonore-mine
osisko-mine-shafts-at-eleonore

2.0 to 3.5% net smelter return (NSR) Royalty

  • Metal: Gold (Au)
  • OperatorGoldcorp (100%)
  • Location: James Bay, Québec
  • Status: Commercial production declared April 1, 2015

Details:

  • 2.00% NSR royalty on the first 3M oz of Au production
  • 0.25% increase for every additional 1M oz of production thereafter, to a maximum of 3.50%
  • Au price adjustment of +/-10% if Au is higher than US$500/oz

Property Description:

  • 3.5k tpd underground operation, with development plan to expand plant throughput to 7k tpd
  • Reserves of 4.57M oz Au1
  • 2015 Production2: 268.1 k oz
  • 2016 Guidance2: 250 to 280 k oz
  • 2016 Production YTD3: 209 k oz
  • 2016 Osisko Attributable Gold Ounces2: 5.5 to 6.2 k oz

graphELE3_en

(1) Visit the page Reserves and Resources fo full disclosure on reserves and resources.
(2) See Goldcorp press release dated February 25, 2016, titled “Goldcorp Reports Fourth Quarter 2015 Results; Provides Updated Reserves and Resources Estimates and 2016 Guidance”.
(3) See Goldcorp press release dated October 26, 2016, titled “Goldcorp Reports Third Quarter 2016 Results and Reconfirms Production and Cost Guidance”.