Agnico Eagle's regional exploration activities in Australia are mainly centred around the Fosterville mine in Victoria State with the aim of establishing the mine as a long-life asset through success in replacing mineral reserves. In 2022, $2.9 million is budgeted for 20,000 metres of regional exploration drilling on properties surrounding the Fosterville mine and $4.2 million is budgeted for 9,800 metres of drilling in Australia’s Northern Territory mostly to test new targets at Pine Creek, Maud Creek, Mt Paqualin and Union Reefs.