Eldorado’s first Canadian mine is the Lamaque gold mine near Val d’Or. (Image: Eldorado Gold Corp.)
QUEBEC – Eldorado Gold Corp. of Vancouver declared commercial production on March 31 at its Lamaque gold mine near Val d’Or. This is the company’s first foray into gold mining in Canada.
The Lamaque South project includes the Triangle gold deposit and refurbished Sigma mill. It will produce about 100,000 to 110,000 oz. of gold in 2019, and output will go up to 125,000 to 135,000 oz. in 2020 and 2021.
The mine has a projected life of seven years, but with over 37,000 metres of exploration drilling to be done this year and excess capacity in the mill, Lamaque South has the potential to increase mine life or mill throughput.
Eldorado’s COO Paul Skayman, said, “We are proud to announce the achievement of this important milestone just over 18 months after acquiring this asset. It is a testament to all of the hard work that has gone into the exploration, pre-feasibility study, engineering and construction that we have safely delivered commercial production ahead of schedule. I would like to thank everyone who worked on this project, especially Sylvain Lehoux, Lamaque general manager, and the rest of the team at site.”
Take a virtual tour of the Lamaque project at www.EldoradoGold.com.