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Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Hope Bay/ Oro, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.


TSX:AEM - Post by User

Post by cjdavid1on Mar 26, 2010 10:33am
612 Views
Post# 16927570

Ya gotta wonder ....

Ya gotta wonder ....just how close the drillbit is to kissing the HGZ extending from Goldcorp's property? IMO, at the rate they are drilling, they could hit it within a few weeks. From the News Release on March 4, 2010, Jim Rogers, President and CEO of Mega states; “We are seeing the right structures and the right rocks. If the top of the Huston sediments, which were encountered earlier than expected is an indicator, then we could see the Unconformity within the next 150m to 200m of drilling. I remain optimistic.”

https://www.megapmi.com/releases/2010-mar-04_headway_update

I have my bids in. Do you? This just Smacks of another Boom for the Red Lake area. Drill, guys! Drill!

Carpe diem. :)
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