Lamaque (Au)

Royalty and Terms: 1% net smelter return (NSR) royalty
Operator:  Visit Eldorado Gold for more information
Primary Commodity: Gold
Location: Québec, Canada
Reserves and Resources:
  • Proven and Probable reserves of 1,090 koz Au (4.7 Mt @ 7.29 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 850 koz Au (2.5 Mt @ 10.67 g/t Au)
  • Inferred resources of 2,770 koz Au (11.5 Mt @ 7.48 g/t Au)
Production:
  • 2020: 144 koz Au
  • 2021: 153 koz Au
  • 2022e: 165-175 koz Au

Catalysts:

  • Resource expansion and reserve conversion for new zones: Ormaque, Plug#4 and deep Bulk Zone
  • Development of zones at Bourlemaque property such as Bonnefond, River and Bevcon (2.5% NSR royalty)
  • Possible future mill expansion to 5,000 tpd permitted nameplate capacity

More details in the 2022 Asset Handbook

 

 
Lamaque, page 26
Source: Company disclosure and Osisko management estimates.