Following the swearing in of the new Quebec Branch executive at its annual general meeting on February 19, Serge Lévesque, technical services superintendent, Agnico Eagle–Goldex Division, discussed the Goldex project. Pre-production began in the summer of 2005, and full production is expected in 2008. Representing a $176 million investment in the Val d’Or region, Goldex has 21 million tonnes of probable reserves at 2.39 grams per tonne of gold. Production is expected to reach 6,900 tonnes per day and generate 160,000 to 185,000 ounces of gold annually.
The event was sponsored by Agnico-Eagle Mines, the Quebec Mining Association, Carrières Polycor, Corem, Gestion SODÉMEX inc., Instrumentation GDD, and Mines Virginia inc.