Day: February 23, 2022

Agnico Eagle Reports Fourth Quarter and Full Year 2021 Results – Senior Management Changes; Record Annual Gold Production, Operating Cash Flow and Mineral Reserves; New Operational and Financial Guidance Provided Post Completion of Kirkland Lake Gold Merger; Minesite and Pipeline Projects Continue to Advance

“The fourth quarter of 2021 was Agnico Eagle’s fifth consecutive quarter of over 500,000 ounces of gold production, which is particularly impressive given the impacts of COVID-19 during the latter part of the quarter. On a full year basis, in 2021 the Company achieved records in gold production, operating cashflow and mineral reserves, all while delivering the best safety performance in the Company’s 64-year history”, said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.

Rockland Resources Closes Private Placement

Rockland Resources Ltd. is pleased to announce that further to its press release dated November 16, 2021, the Company has closed the non-brokered private placement. The Company issued 6,530,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $1,306,000.

Torex Gold Reports Strong 2021 Financial Results

“Torex delivered another outstanding year of operational and financial performance in 2021, with the Company meeting full-year operational guidance for the third year running. We achieved record gold production of 468,203 ounces, driven by record milling rates as well as record underground mining rates.”

Huntington Exploration Acquires Lago de Oro SA de CV and its 550km2 El Grande Gold Exploration Project in Nayarit Mexico

Bryan Wilson, President and CEO of Huntington, states: “The pace of gold discoveries in western Mexico in recent years rivals virtually anywhere else in the world. Our acquisition of 550 square kilometres of strongly altered and mineralized ground at the southern end of the SMO gold-silver belt is remarkable and is even more so because this area has not seen a single drill hole in the modern era.”

Aztec – Kootenay JV Continues to Intersect Broad, High-Grade Gold Mineralization in Phase 2 RC Drill Program at the Cervantes Project in Sonora, Mexico; Including 1.0 gpt Au over 167.2 metres

“The 2022 RC drill program at the California zone, where we are targeting potential open pit heap leachable gold mineralization, continues to return strong gold grades over broad widths and has further expanded the gold mineralized zone to the west and south, still open in all directions including at depth.”

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