Risk and valuation analysis of the ELEONORE Project |
Status Risk : Mine development |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the ELEONORE Project |
 | Goldcorp Inc. Owner: 100% |
 |  |  |  |  |
Title | Company Profile | All Projects | Company website | Company project page |
|
Goldcorp, under “Les Mines OPINACA”, acquired the Éléonore gold project at the end of March 2006. |
 | Virginia Mines Inc. Net Smelter Return: 2% |
 |  |  |  |  |
Title | Company Profile | All Projects | Company website | Company project page |
|
Participation : 2% NSR at the opening of the mine.
Advanced cash payment of $100,000 US per month on April first 2009 |
|
|
|
Location of the ELEONORE Project |
The Éléonore property is located in the Ell Lake area in the north-eastern part of the Opinaca reservoir, approximately 320 kilometres north of the town of Matagami in the James Bay region of Québec.
|
|
History of the ELEONORE Project |
Since its discovery in mid 2004 and prior to its purchase, 212 drill holes were completed on the property. More than 70% of these holes reported assays greater than 10 grams of gold per tonne and the principal Roberto deposit remains open both along strike and at depth.
|
|
Geology of the ELEONORE Project |
|
The property is within the Superior province of the Canadian Shield. The geology is dominated by a vast batholithic complex essentially composed of synvolcanic and syntechtonic intrusions. In 2001, several gold-copper-silver showings hosted by the El more...
|
|
|
|
|
|
|
Production Objectives |
Metal | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
GOLD (oz) | 330,000 | 330,000 | 330,000 | 330,000 | 330,000 | 330,000 | 330,000 | 330,000 |
|
|
|