GOLD: lonore pours first gold for Goldcorp

QUEBEC – On Oct. 1, 2014, the first gold doré bar was poured at Goldcorp's new Éléonore mine in the James Bay region. The bar contains approximately70 oz of gold recovered from the gravity circuit.

Commissioning of the remainder of the plant is underway with production from the leaching and CIP circuit expected later this month. Production for 2014 is targeted to be between 40,000 and 60,000 oz of gold. Goldcorp expects to declare commercial production at Éléonore in Q1 2015.

Chuck Jeannes, Goldcorp president and CEO, said, "The team has done a tremendous job bringing this mine into production safely, in partnership with the Cree Nation of Wemindji, the Grand Council of the Crees of Eeyou Istchee/the Cree National Government (GCC(EI)/CNG) and our suppliers and contractors from Quebec. Located in one of the most attractive mining jurisdictions in the world, the project during its development stage created 2,000 jobs in the province of Quebec and approximately 900 of these will be maintained as we move towards full production. Éléonore is expected to ramp-up to design throughput of 7,000 tonnes per day by 2018."

At full production, the Éléonore mine and plant will recover 600,000 oz of gold annually.

Watch the Éléonore video at Goldcorp.com.