Island Gold (Au)

Royalty and terms:  1.38-3% net smelter return (NSR) royalty
Operator: Visit  Alamos Gold for more information
Primary Commodity: Gold
Location: Dubreuilville, Ontario
Reserves and Resources:
  • Proven and probable reserves of 1,340 koz Au (4.1 Mt @ 10.12 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 290 koz Au (1.1 Mt @ 8.12 g/t Au)
  • Inferred resources of 3 450 koz Au 3,450 koz Au (7.9 Mt @ 13.59 g/t Au)
Production:
  • 2020: 139 koz Au
  • 2021: 141 koz Au
  • 2022e: 125-135 koz Au
  • Post expansion: 236 koz Au

Catalysts:

  • Recent drilling has achieved some of the highest-grade results in the history of the mine including 71.2 g/t gold over 21.3 meters
  • Possible increased ratio of higher royalty percentage applied sooner in the mine life due to the location of the best drill intersections (updated plan expected in 2022)
  • Production rate expansion from 1,200 tpd to 2,000 tpd
  • Revised expansion plans in mid 2022

More details in the 2022 Asset Handbook

 

 
Island Gold, page 24
Source: Company disclosure and Osisko management estimates.