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RED LAKE

 

THE FUTURE

Red Lake mine offers an exciting future.  With the combination of the Red Lake and Campbell mines compelling operational and exploration opportunities exsist.  The #3 shaft at the Red Lake complex is now complete to a depth of 1,924 metres (6,312 foot) providing access to ore reserves at depth and the Campbell complex is developing the DC zone also at depth. The mill capacity of these combined assets will allow the milling of up to 2,700 tonnes per day resulting in an increase in nominal gold production to over 1,000,000 ounces per year by 2012.

Underground connections of the two complexes will give access to new exploration platforms, resources and reserves.  The mine merger also provides synergies which will help decrease operating costs so lower grade ore can be profitably mined. Goldcorp will continue to aggressively explore in the Red Lake region to maximize the future sustainability of the area.