The Hemlo property consists of Williams, an underground and open pit mine, located approximately 350 kilometers east of Thunder Bay, Ontario. Ore from the mine is fed to a standard grind, leach and carbon-in-pulp extraction mill.
Hemlo produced 235,000 ounces of gold in 2016, at a cost of sales of $795 per ounce, and all-in sustaining costs of $839 per ounce.1 Hemlo’s proven and probable mineral reserves as of December 31, 2016, were 1.6 million ounces of gold2 (25.8 million tonnes, grading 1.92 grams per tonne).
In 2017, gold production is expected to be 205,000-220,000 ounces, at a cost of sales of $830-$890 per ounce, and all-in sustaining costs of $890-$990 per ounce.1