Upper Beaver (Au, Cu)

Royalty and Terms: 2% NSR royalty
Operator:  Visit Agnico Eagle for more information
Primary Commodity: Gold, Copper
Location: Ontario, Canada
Reserves and Resources:
  • Proven and probable reserves of 1,395 koz Au (8.0 Mt @ 5.43 g/t Au, 0.25% Cu)
  • Measured and indicated resources (exclusive of reserves) of 403 koz Au (3.6 Mt @ 3.45 g/t Au, 0.14% Cu)
  • Inferred resources of 1,416 koz Au (8.7 Mt @ 5.07 g/t Au, 0.20% Cu)
Production:
  • LOM Avg.: 150-200 koz Au

Catalysts:

  • Updated technical studies with the possibility for expanded reserves
  • Review of processing synergies within the Kirkland Lake mining district
  • Recent drill results include 8.7 g/t gold and 0.81% copper over 18.2 meters

More details in the 2022 Asset Handbook

 

 
Upper Beaver, page 57
Source: Company disclosure and Osisko management estimates.