The Lapa mine poured its first gold and reached commercial production on May 1, 2009, becoming Agnico-Eagle’s third mine to open in the Abitibi region of northwestern Quebec. All Lapa ore is trucked to the processing facility at LaRonde site, 11 kilometres to the west. As of December 31, 2010, the Company’s richest gold mine has proven and probable reserves containing approximately 0.7 million ounces of gold* (2.8 million tonnes grading 7.4 grams/tonne gold).

 * Source Lapa December 31, 2010 Reserves and Resources

Q3 2011

• In Q3 2011, payable gold production of 27,881 ounces at a total cash cost of $657. Processed 171,000 tonnes of ore, a record quarterly throughput, with minesite costs of C$107 per tonne.
•  From January through September 2011, payable gold production of 83,347 ounces at a total cash cost of $629 per ounce. Processed 473,000 tonnes of ore, with minesite costs of C$108 per tonne.
•  Exploration focusing on three resource-containing blocks, including drilling from exploration drifts on 98 and 101 levels to expand and convert resources east of current mine workings.