Asset Information
- High grade cornerstone asset with 15+ year mine life
- Made up of 3 main deposits (Doris, Madrid and Boston) defined on a large 1,101km2 prospective land package
- Continued to ramp up in 2019 as plant throughput increased by 28% and averaged 1,620 t/d
- Gold recoveries improved from 79% in 2018 to 82% in 2019
- Fully permitted for the continuted mining and gold production at Doris and for the development and mining of the Madrid North, Madrid South and Boston deposits
- Pre-feasibility study results announced in March 2020 included updated resource estimates and a potential throughput expansion
For more information on Hope Bay, please visit www.tmacresources.com.
Source: TMAC Resources Inc. public disclosure.
(1) Until certain conditions are met.