Kirkland Lake (Au)

Royalty and Terms: 2% NSR royalty that covers Agnico’s Kirkland Lake properties.
Operator:  Visit Agnico Eagle Mines for more information
Primary Commodity: Gold
Location: Ontario, Canada
Reserves and Resources:
  • Proven and probable reserves of 100 koz Au (0,6 Mt @ 5,2 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 1 116 koz Au (15 Mt @ 2,4 g/t Au)
  • Inferred resources of 2,095 koz Au (20 Mt @ 3,2 g/t Au)
Production: N/A


  • AK deposit expected to be introduced to the Macassa or LaRonde mill feeds by 2024 for 20-40koz of annual gold production
  • Future updates on the multiple processing options for previously stranded deposits
  • Other deposits under review for accelerated development plans, now benefitting from regional latent mill capacity

More details in the 2023 Asset Handbook


Source: Company disclosure and Osisko management estimates.