Terrex Property (Cadillac (Rouyn-Noranda))

Canada / Quebec / Malartic / Cadillac (Rouyn-Noranda)
 mine, gold mine
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This is the Terrex which is part of Agnico Eagle's Laronde Mine and is 100% owned. The Terrex property consists of 21 mining claims that cover in total 424.4 hectares. In 2003, exploration work started to extend outside of the LaRonde property onto the Terrex property where a down-plunge extension of Zone 20 North was discovered. The Terrex property is subject to a 5% net profits royalty to Delfer Gold Mines Inc. and a 2% net smelter return royalty to Barrick. The Company does not expect to pay royalties on this part of the property in 2011.
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Coordinates:   48°14'3"N   78°26'40"W
This article was last modified 11 years ago