TORONTO, Oct. 9 /CNW/ - Agnico-Eagle Mines Limited ("Agnico-Eagle") will release its third quarter 2002 results on October 23, 2002. The Company's senior management will host a conference call on October 24, 2002 at 11:00am to discuss financial results and provide an update of the Company's exploration and development activities at LaRonde.

To participate in the conference call, please dial (416) 640-4127. To ensure your participation, please call approximately five minutes to the scheduled start of the call. A live audio webcast of the call will be available on the Company's website at www.agnico-eagle.com.

Agnico-Eagle is an established Canadian gold producer with operations located principally in Northwestern Quebec and exploration and development activities in Canada and the Southwestern United States. Agnico-Eagle's operating history includes three decades of gold production primarily from underground mining operations. The Company is focused on an expansion program at LaRonde that is expected to increase annual gold production and reduce cash costs to produce an ounce of gold. Current proven and probable reserves stand at 3.3 million contained ounces, with an additional 5.2 million ounces in the mineral resource category at its LaRonde Mine.

For further information

David Garofalo, V.P. Finance & CFO, (416) 947-1212