GOLD  $US/OZ $ NYSE:OR  $ TSX:OR    $      

Odyssey (Au)

3 % net smelter return (NSR) Royalty on Odyssey North and 5 % on Odyssey South


Details:

  • 2016 exploration budget : $8M

Property Description:

  • Initial inferred mineral resources of 1.43 Moz (20.7 million tonnes grading 2.15 g/t gold) for North and South Odyssey Zones.
  • 34 holes (22,676 metres) completed in Q1 2017 to define internal mineralized zones between the Odyssey North and South Zones and expanding the mineral resources in Odyssey South1.
  • Near-term production potential (2018-2020) from Odyssey South underground2
  • Further production growth potential from Odyssey North underground (2021 and beyond)2
(1) Based on Agnico Eagle’s press release dated April 27, 2017, titled: “Agnico Eagle Reports First Quarter 2017 Results…”
(2) Based on Agnico Eagle’s press release dated February 15, 2017, titled: “Agnico Eagle Reports Fourth Quarter and Full Year 2016 Results…”