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Mines & Projects

Reserves & Resources

With proven and probable gold reserves standing at 4.8 million ounces as of December 31, 2010 (35 million tonnes grading 4.3 grams of gold per tonne), LaRonde has one of the largest gold reserve of any mine operating in Canada.

LaRonde December 31, 2010 Mineral Reserves and Resources*


Gold
(g/tonne)
Silver
(g/tonne)
Copper
(%)
Zinc
(%)
Lead
(%)
Tonnes
(000s)
Gold Ounces
(000s)
Proven Reserves 2.36 55.17 0.26 2.78 0.32 4,838 366
Probable Reserves 4.63 23.99 0.28 0.90 0.07 29,892 4,452
Proven & Probable Reserves 4.32 28.33 0.27 1.16 0.10 34,729 4,818
Indicated Resources 1.89 23.96 0.12 1.36 0.13 6,933 421
Inferred Resources 3.72 12.24 0.27 0.48 0.05 11,526 1,377

*Mineral reserves are not a subset of mineral resources.

Please refer to the company press release dated February 16, 2011 for further details on the mineral reserves and resources.  The technical information has been prepared under the supervision of, and reviewed by, Marc Legault P.Eng., Vice-president Project Development, and a “Qualified Person” for the purposes of National Instrument 43-101.    The Qualified Person responsible for the LaRonde mineral reserves estimate is François Blanchet Ing., Superintendent of Geology for the LaRonde Division.