DETOUR LAKE

The open-pit Detour Lake operation is the largest gold producing mine in Canada with the country’s largest gold mineral reserves.

Located within the northernmost Abitibi Greenstone Belt, the mine was originally owned by Placer Dome and operated primarily as an underground mine from 1987 to 1990. Production resumed in 2013 as an open-pit mine under the ownership of Detour Gold Corporation. Agnico Eagle acquired its interest in the Detour Lake mine on February 8, 2022.

BY THE
NUMBERS

2024 GOLD PRODUCTION
0
OZ
2024 PRODUCTION COSTS
$0
/OZ GOLD
2024 TOTAL CASH COSTS
$0
OZ
MINE LIFE
0
EMPLOYEES
0
2025 PRODUCTION GUIDANCE (mid-point)
0
/OZ GOLD
2025 TOTAL CASH COSTS GUIDANCE (mid-point)
$0
/OZ GOLD
Proven & Probable Gold Reserves*
0
million oz gold
Measured & Indicated Gold Resources*
0
million oz gold
Inferred Gold Resources*
0
million oz gold

*As at December 31, 2024. For details, see the year-end 2024 Mineral Reserves and Mineral Resources statement

HISTORY

Gold first discovered at the Detour Lake property
Between the years 1983 and 1999, 1.8 million ounces of gold was produced
Commercial production began under Detour Gold Corporation
Kirkland Lake gold acquires Detour Lake mine and extensive exploration drilling program commences
Agnico Eagle and Kirkland Lake Gold complete merger, Detour Lake mine becomes Agnico Eagle’s largest reserve base at 20.7 million ounces
Detour Lake celebrated the 5 millionth ounce of gold poured since the resumption of mining in 2013
At year-end 2023, the Company reported an initial underground inferred mineral resource below and to the west of the existing pit.
In June 2024, on the basis of a new technical study reflecting the potential for a concurrent underground operation at Detour Lake, the Company approved a 2- kilometre exploration ramp, which will provide access for underground conversion and expansion drilling and to collect a bulk sample from the shallow mineralized zone west of the pit. The underground project would accelerate access to higher grade ore and increase average annual production to approximately one million ounces over 14 years starting in 2030. For details, see the news release dated June 19, 2024.
In the fourth quarter of 2024, the mill achieved record throughput of 77,000 tpd (equivalent to 28 Mtpa). The Company will continue to advance various optimization initiatives, with a target to increase mill throughput to 79,450 tpd (equivalent to 29 Mtpa) by 2028.

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