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RED LAKE

The Red Lake Gold Mine is composed of two operating complexes:  the Red Lake Complex and the Campbell Complex.  Red Lake Gold mine is Canada’s largest gold mine, and in 2008 produced 629,000 ounces. It is also one of the world’s richest gold mines and lowest cost producers. 

 

Red Lake Drill Hole Data

 DC Zone

 EF Zone

 Far East

 High Grade Zone

 R Zone

 Surface

 Cochenour

 

 

Red Lake Maps

 Red Lake Maps May 2009

 

 

 

 2007 Red Lake Analyst Tour

 

OPERATING STATISTICS

 

Red Lake Gold Mine

2006
(actual)

2007
(actual)

2008
(actual)

Ore milled Tonnes (000’s)

768,900
721,000

765,500

Milled grade Au g/t

28
31

 26

Total Recovery Au %

97%
97%

 96%

Oz. Produced Au Oz

665,600
700,600

629,200

Total Cash Cost US$/oz

$195

$260

 $302

 

Red Lake (100%)

2005
(actual)

 

Red Lake

Campbell

Combined

Ore Milled

235

440

675

Grade

82

15

38

Recovery

97

96

96

Production Oz

  616,000

 209,200

    825,200

Cash Costs

94

312

149

Capex

57.9

12.3

70.2

 

Red Lake (100%)

2004
(actual)

 

Red Lake

Campbell

Combined

Ore Milled

224

446

670

Grade

77

15

36

Recovery

97

96

96

Production Oz

 551,900

 209,000

760,900

Cash Costs

92

276

143

Capex

49.6

11

60.6