Hammond Reef (Au)

Royalty and Terms:  2% NSR royalty
Operator:  Visit Agnico Eagle for more information
Primary Commodity: Gold
Location: Ontario, Canada
Reserves and Resources:
  • Proven and probable reserves of 3,323 koz Au (123.5 Mt @ 0.84 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 2,298 koz Au (180.4 Mt @ 0.54 g/t Au)
Production:
  • LOM Avg.: 272 koz Au

Catalysts:

  • Receipt of additional final federal and provincial permits for construction and operation (all environmental approvals already received)
  • Ongoing evaluation and optimization of the deposit and potential mining scenarios to further improve project economics
  • Final construction decision

More details in the 2023 Asset Handbook

 

 
Hammond Reef, page 48
Source: Company disclosure and Osisko management estimates.