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The Éléonore Property is host to the Roberto Deposit, a major new gold discovery situated within a relatively unexplored greenstone/meta-sedimentary belt in the James Bay district of Northern Québec, Canada. This unique and significant deposit is located in the core of what Goldcorp believes to be a promising new gold district in North America. Goldcorp acquired the Éléonore gold property from Virginia Gold Mines at the end of March 2006, and then incorporated “Les Mines Opinaca Ltée” (“Opinaca”), a 100% subsidiary and the operating company in Québec. Aggressive exploration and development programs are currently on-going, including extensive drilling, resource estimation and scoping studies, which will continue throughout 2007. Initial mineral resource calculation, released June 25, 2007, was 1.8 million indicated and 0.9 million inferred gold ounces using a cut-off grade of 3.5 grams of gold per tonne.
Progress has been made on the project development including completion of engineering work on an access road and airstrip. Pre-feasibility work is on-going, with a full feasibility study expected by the end of 2008. Production is expected by late 2010.
DRILL HOLE DATA
Éléonore Collars May 2008
Éléonore Assays May 2008
Éléonore Technical Report Aug 9, 2007
Éléonore Maps November 2007
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