Detour Lake

• Gold was discovered at the Detour Lake property in 1974 and the first mining operation on site, owned by Placer Dome, produced 1.8 million ounces of gold from 1983 to 1999 as an open pit/underground mine.
  
  •    Production during Detour Gold Corporation’s ownership (from 2013 to the acquisition by Kirkland Lake Gold on January 30, 2020) was 3.6 million ounces of gold from 135.5 million tonnes grading 0.90 g/t gold.
  
  •   Agnico Eagle acquired its 100% interest in the Detour Lake mine on February 8, 2022 as a result of the Merger with Kirkland Lake Gold. 
  
  •   In April 2022, Detour Lake celebrated the 5 millionth ounce of gold poured since the resumption of mining in 2013.
  
  •   In 2022, the Company commissioned an airfield at the Detour Lake mine and has initiated regular flights to and from Timmins and Moosonee.


• At year-end 2023, the Company reported an initial underground inferred mineral resource below and to the west of the existing pit and continues to evaluate the potential for underground mining.
  

For more details and the latest information on the Detour Lake mine, see the 2023 AIF and the most recent quarterly news release.