Hammond Reef (Au)

Royalty and terms:	2% net smelter return (NSR)
Operator:	Agnico Eagle Visit Agnico Eagle for more info
Primary Commodity:	Gold
Location:	Ontario, Canada
Reserves and resources:	Measured and Indicated resources of 5.4 million ounces of gold (196.4 million tonnes grading 0.86 g/t Au). Infered resources of 1.8 million ounces of gold (75.7 million tonnes grading 0.72 g/t Au.)
Status:	Development

Details:

The 2018 focus is to complete the Environmental Assessment (EA/EIS). Provincial and federal EA approval must be received to start permit applications for any construction activities moving forward.

Source: Company disclosure and Osisko management estimates.