The Lamaque Complex is located in Val-d’Or, Quebec.

The Lamaque Complex is located in Val-d’Or, Québec. Commercial production was declared at the Triangle mine on March 31, 2019, and has since produced nearly one million ounces of gold. The Lamaque Complex includes the Triangle mine (upper and lower zones), the Ormaque mine, within the Ormaque deposit, the Parallel deposit, the Plug #4 deposit, and the Sigma Mill. The deposits are located within the prolific Val-d'Or district of the Abitibi that hosts the historic Lamaque and Sigma Mines. Those mines collectively produced nearly 10 million ounces of gold.

 

KEY HIGHLIGHTS

Location

Quebec, Canada

Mine type

Underground

Metals mined

Gold

Expected mine life

8 years* through to 2032

Deposit type

Orogenic gold

Ownership

100%

*Based on Proven & Probable Mineral Reserves. Refer to Reserves and Resources for more information.

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OPERATING DATA

Gold Operations2023A 
Ounces Produced1177,069 
Ounces Sold176,495 
Tonnes Milled838,419 
Grade (grams / tonne) 6.76 
Total Cash Costs ($/oz sold)1643 
All-in Sustaining Costs ($/oz sold)11,089 
Growth Capital Expenditures ($M)123.3 
Sustaining Capital Expenditures ($M)1,272.7 

Note: All amounts are in US$ unless otherwise indicated.

1These financial measures or ratios are non-IFRS financial measures or ratios. Certain additional disclosure for non-IFRS financial measures and ratios have been incorporated by reference and additional detail can be found in the section 'Non-IFRS and Other Financial Measures and Ratios' in the Company's December 31, 2023 MD&A and in the press release dated February 22, 2024 titled ‘Eldorado Announces 2024 Detailed Production & Cost Guidance; Provides Four-Year Growth Profile’.

2Includes capitalized exploration at Lamaque and Efemcukuru.

REPORTS

REPORT TITLE LINK
2023 Production Data (January 2024)
Resources & Reserves (September 2024)
2024 Production & Cost Guidance (February 2024)
Lamaque Technical Report (NI 43-101) - December 2021 Download PDF
Lamaque Pre-Feasibility 43-101 Technical Report Download PDF
Preliminary Economic Assessment Report – May 2017 Download PDF

Lamaque Complex Project

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