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Timmins Assets

Jul 17, 2012

 

Timmins West Complex

 Location: Timmins, Ontario 
 Indicated resources:

  1,122,500 ounces (Timmins West Mine)

  117,400 ounces (Gold River Trend)

 Inferred resources:

  719,500 ounces (Timmins West Mine)

  1,027,800 ounces (Gold River Trend)

 Gold production (2011)   58,983 ounces (1) recovered
 Gold production (Q4/11)   18,449 ounces (1) recovered
 Cash costs (2011)   $95/tonne or US$811/ounce (Timmins Deposit only)
 Cash costs (2011)   $95/tonne or US$811/ounce (Timmins Deposit only)
 Cash costs (Q4/11)    $102/tonne or US$762 per ounce (Timmins Deposit only)
 Type of Mining:     Underground (Timmins West Mine)

 

 

 

 

 

 

 

 

 

 

 

 

1. Includes 39,983 ounces of commercial production and 19,000 ounces of non-commercial production

2. Includes 7,496 ounces of commercial production and 10,503 ounces of non-commercial production

 

Complex

 Location: Timmins, Ontario 
 Probable reserves:  Nil
 Measured & Indicated resources:  828,400 ounces (Bell Creek, Marlhill, Vogel)
 Inferred resources:  1,122,600 ounces (Bell Creek, Vogel)
 Production (2011):  24,602 ounces (non-commercial, pre-production, Bell Creek Mine)
 Production (Q4/11):  6,810 ounces (non-commercial, pre-production, Bell Creek Mine)
 Type of Mining:  Underground (Bell Creek)