Overview
- High-quality, advanced gold project, acquired in June 2026, is located 50 km from Agnico Eagle’s Kittila mine, within the prospective Central Lapland Greenstone Belt.
- Large resource base with significant exploration potential – probable mineral reserves of 3.5 Moz gold (52.0 million tonnes grading 2.10 g/t gold, at November 25, 2024); indicated mineral resources of 4.1 Moz gold (58.4 million tonnes grading 2.18 g/t gold, at October 24, 2023, and inclusive of mineral reserves).
- Prefeasibility study at Ikkari completed in February 2025 by Rupert Resources Ltd. envisioned an open pit and underground operation using conventional processing, with average annual gold production of 227,000 oz. of gold over the first 10 years of mine life. Going forward, Agnico Eagle is focussed on mineral resource expansion and a reassessment of the optimal development approach without previous property boundary constraints.
- Acquisitions in June 2026 of Rupert Resources and Aurion Resources Ltd., and in April 2026 of B2Gold Corp.’s 70% interest in the Fingold Ventures Ltd. joint venture materially increased Agnico Eagle’s land package in Finland to 2,492 km2. An extensive exploration program at multiple high quality gold opportunities is planned to unlock the full district-scale potential of the consolidated land position.
- Main areas of interest for an initial 3-year exploration program are the Ikkari-Helmi gap area and the broader Ikkari trend; the Helmi deposit toward the Kutuvuoma gold deposit; the Rajala geological domain boundary, hosting several gold targets through to the past-producing Pahtavaara gold mine; Aurion’s Risti property and Fingold JV; and the Area 51 copper-nickel-PGE target.
For more information on our exploration projects and activities, see the Company’s recent news.