• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Canada
Wasamac Project

This page is not tailored to
devices with screen width under 750 px.
 Location:
13 km W from Rouyn-Noranda, Quebec, Canada

  Project Contacts:
68 Avenue de la Gare, Office 205
Saint-Sauveur
Quebec, Canada
M5J 2J3
Phone  ...  Subscription required
EmailEmail
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Canada
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StagePermitting
Mine TypeUnderground
Commodities
  • Gold
Mining Method
  • Longhole stoping
  • Transverse stoping
  • Longitudinal stoping
  • Cemented backfill
  • Backfill
  • Paste backfill
Mine Life9.7 years (as of Jan 1, 2021)
The Wasamac project was acquired as part of Agnico Eagle’s purchase of Yamana Gold’s Canadian assets in March 2023.

The property contains three past producing gold mines: Wasamac, Francoeur and Arntfield.

Agnico Eagle believes Wasamac has the potential to be an underground bulk mining operation with production of up to 200,000 ounces of gold per year. The Company is reviewing technical aspects of the project with a focus on ore processing at the Canadian Malartic mill, which is expected to reduce the project footprint and capital cost. An internal evaluation of the project is expected in the fourth quarter of 2023.


Owners

Source: p. 1
CompanyInterestOwnership
Agnico Eagle Mines Ltd. 100 % Indirect
Agnico Eagle Mines Limited is pleased to announce the successful completion of the previously announced plan of arrangement pursuant to which Agnico Eagle has acquired certain subsidiaries and partnerships which hold Yamana Gold Inc.'s interests in its Canadian assets, including the Canadian Malartic mine. As part of the Arrangement, Pan American Silver Corp. has acquired all the issued and outstanding common shares of Yamana.

With the completion of the Arrangement, the Company now owns 100% of the Wasamac project.

Contractors

Subscription required - Subscription is required.


Deposit Type

  • Vein / narrow vein
  • Hydrothermal
  • Breccia pipe / Stockwork
  • Replacement


Summary:

Deposit Type Wasamac Deposit The Wasamac deposit is an example of an Archean greenstone belt gold deposit hosted by the Francoeur-Wasa shear zone, a second-order brittle-ductile shear zone of the Cadillac–Larder Lake fault zone. Gold mineralization is constrained to the altered and sheared part of the Francoeur-Wasa shear zone. Regionally, the Wasamac deposit lies at the boundary between the orogenic gold district of Noranda and the dominantly intrusion-related gold systems of Kirkland Lake. The Wasamac deposit shares similar characteristics of both alkaline syenite intrusion-related gold deposits and orogenic gold deposits. There are several examples of orogenic or intrusion-related deposits along the Cadillac–Larder Lake fault zone including: the Francoeur deposit (500 koz produced), Kirkland Lake deposits (21 Moz produced), Kerr-Addison (9.5 Moz produced), and Lapa (700 koz mineral resource) (Mériaud, 2015). One difference between Wasamac and these other deposits is that they all have mineralization related to veining, a characteristic that is missing at Wasamac, which exhibits disseminated mineralization only. Francoeur and Arntfield Deposits The Blake River Group rocks underlying the Francoeur and Arntfield gold deposits are intruded by diorite and gabbro masses. The Francoeur No. 3 deposit is the largest of a series of deposits located within the Francoeur-Wasa shear zone over a distance of more than 10 km. These deposits are, from west to east, the Cutting zone an ........


Mining Methods

  • Longhole stoping
  • Transverse stoping
  • Longitudinal stoping
  • Cemented backfill
  • Backfill
  • Paste backfill


Summary:

The Wasamac project will involve an underground operation with a proposed mining method optimized to the deposit geometry and employing a variety of long-hole (longitudinal and transverse) stoping. To access the deposit, two 3-km-long ramps will be developed: one for material handling and the second for personnel and equipment. The total projected underground development was optimized and has decreased compared to the 2018 Feasibility Study. The objective was to decrease both development costs and waste production by implementing three design improvements: increasing level spacing; reducing the requirement for footwall drifts in waste; and optimizing the material handling system to minimize ramp development requirements. The materials handling systems were improved by optimizing various haulage scenarios, available technologies, and combinations thereof.

Mining voids will be filled using a combination of paste fill (delivered from an underground paste fill plant), cemented rockfill (CRF), and rockfill, with the intention of increasing mining recovery, providing stable rock conditions, and minimizing the mine surface footprint and closure requirements. The surface impact of the underground mine will be minimized because of the mine’s proximity to the Rouyn-Noranda municipality. Minimal surface break-through of raises, minimal surface infrastructure, and low blasting vibration through the utilization of best blasting practices are considered important objectives.


Crushing and Grinding
Source: Subscription required

- subscription is required.


Processing

Flow Sheet: Subscription required

Summary:

- subscription is required.


Projected Production:

CommodityProductUnitsAvg. AnnualLOM
Gold Payable metal koz 1,693
Gold Metal in doré koz 1691,694

Operational Metrics:

Metrics
Daily ore mining rate  ......  Subscription required
Waste tonnes, LOM  ......  Subscription required
Ore tonnes mined, LOM  ......  Subscription required
Total tonnes mined, LOM  ......  Subscription required
Tonnes milled, LOM  ......  Subscription required
Daily processing capacity  ......  Subscription required
Daily processing rate  ......  Subscription required
Annual processing capacity  ......  Subscription required
Mining scale, tpd  ......  Subscription required
Processing scale, tpd  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

Reserves at December 31, 2022:
A variable cut-off value from 1.52 g/t gold to 1.65 g/t gold. Mineral reserves consider average total mining dilution of 11% and average mining recovery of 93%.

CategoryTonnage CommodityGradeContained Metal
Proven & Probable 26,835 kt Gold 2.52 g/t 2,170 koz
Measured & Indicated 6,034 kt Gold 1.75 g/t 339 koz
Inferred 7,086 kt Gold 2 g/t 455 koz

Commodity Production Costs:

CommodityUnitsAverage
Cash costs (sold) Gold USD  ......  Subscription required&nbs
All-in sustaining costs (sold) Gold USD  ......  Subscription required&nbs
Assumed price Gold USD  ......  Subscription required&nbs
* According to 2021 study / presentation.
Subscription required - Subscription is required.

Operating Costs:

Units2021
UG mining costs ($/t milled) CAD 36.1 *
Processing costs ($/t milled) CAD  ......  Subscription required
G&A ($/t milled) CAD  ......  Subscription required
Total operating costs ($/t milled) CAD  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

2021 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Initial CapEx $M CAD  ......  Subscription required
Sustaining CapEx $M CAD  ......  Subscription required
Closure costs $M CAD  ......  Subscription required
Total CapEx $M CAD  ......  Subscription required
UG OpEx $M CAD  ......  Subscription required
Processing OpEx $M CAD 364
Refining and transportation $M CAD  ......  Subscription required
G&A costs $M CAD 133
Total OpEx $M CAD  ......  Subscription required
Mining Taxes $M CAD  ......  Subscription required
Total Taxes $M CAD  ......  Subscription required
Royalty payments $M CAD  ......  Subscription required
Gross revenue (LOM) $M CAD  ......  Subscription required
Net revenue (LOM) $M CAD  ......  Subscription required
EBITDA (LOM) $M CAD  ......  Subscription required
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscription required
After-tax Cash Flow (LOM) $M CAD  ......  Subscription required
Pre-tax NPV @ 5% $M CAD  ......  Subscription required
After-tax NPV @ 5% $M CAD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Pre-tax payback period, years  ......  Subscription required
After-tax payback period, years  ......  Subscription required
Subscription required - Subscription is required.

Water Supply
Source: Subscription required

- subscription is required.


Proposed Heavy Mobile Equipment as of July 16, 2021:
HME TypeModelSizeQuantity
Bolter ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Apr 23, 2023
....................... Subscription required ....................... Subscription required Subscription required Jul 16, 2021
....................... Subscription required ....................... Subscription required Subscription required Jul 16, 2021
....................... Subscription required ....................... Subscription required Subscription required Apr 23, 2023
Subscription required - Subscription is required.

Staff:

Total WorkforceYear
Subscription required 2021

Corporate Filings & Presentations:

DocumentYear
Press Release 2023
Quarterly Report 2022
Quarterly Report 2022
Year-end Mineral Reserves 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
Feasibility Study Report 2018
Pre-Feasibility Study Report 2018
Technical Report 2017
Annual Information Form 2015
Technical Report 2012
Subscription required - Subscription is required.

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2023 MDO Data Online Inc.