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Re: NYBob post# 1573

Sunday, 09/07/2014 3:06:05 AM

Sunday, September 07, 2014 3:06:05 AM

Post# of 2865
Central and South America
CERRO NEGRO MINE

STRONG NEW CONTRIBUTOR TO GROWTH PROFILE
o First gold poured on July 25, 2014
• 2014E: 130,000 - 180,000ozs
• Commercial production expected
Q4 2014


o Initial capital estimate: $1.6 - $1.7B
• Lowered by $100M
o Overall construction ~88%
o Outstanding reserve growth potential
• Reserve and resources(1)
• P&P reserves: 5.75Mozs
• M&I resources: 0.51Mozs
• Inferred resources: 0.82Mozs

http://www.goldcorp.com/files/Goldcorp_BOA-ML_September_v001_n62f3e.pdf

Canada ÉLÉONORE PROJECT

FIRST GOLD EXPECTED IN LATE-2014
o Production/start-up
• 2014E: 40,000 - 60,000ozs
• Commercial production expected
Q1 2015
• 575,000 - 625,000oz/annual(1)

o Construction
• Overall progress 93%
• Initial capital $1.8-1.9B
o Exploration focus
• In-fill and exploration drilling the lower
mine area
o Reserves and Resources(2)
• P&P reserves: 4.03Mozs
• Inferred resources: 4.1Mozs
(1) Upon ramp up to full capacity expected in H1

RED LAKE MINE - COCHENOUR PROJECT -

o Gold production
• H1 2014A: 184,500ozs
• 2014E: 440,000 - 480,000ozs
o New discovery - HG Young
• Five drills from surface
• Numerous high grade intercepts
• Rehabilitating existing infrastructure
for underground access
o First development ore: Q4 2014

o Haulage drift at 96% completion
o Initial capital ~$496M
o Exploration focus
• Drilling Bruce Channel from haulage
drift (currently seven drills, nine drills
by year-end)

http://www.goldcorp.com/files/Goldcorp_BOA-ML_September_v001_n62f3e.pdf

God Bless


My opinions are my own and and DD I post should be confirmed as unbiased

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