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 985 koz Au (4.6 Mt @ 6.62 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 821 koz Au (2.5 Mt @ 10.33 g/t Au)
  • Inferred resources of 3,193 koz Au (12.2 Mt @ 8.12 g/t Au)
Production:
  • 2020: 144 koz Au
  • 2021: 153 koz Au
  • 2022: 174 koz Au
  • 2023e: 170 to 180 koz Au

Catalysts:

  • Recent development of 650-level exploration drift provides access for resource expansion & resource conversion drilling of Lower Triangle deposit
  • Resource expansion and reserve conversion for new zones: Ormaque, Plug#4 and deep Bulk Zone (1.0% NSR royalty)
  • Potential progress on zones at Bourlemaque property such as Bonnefond, River and Bevcon (2.5% NSR royalty)

More details in the 2023 Asset Handbook

 

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