The Camflo property, located 15 kilometres northwest of Val-d’Or, includes the old Camflo mine, which closed in 1992 after producing 1.6 Moz of gold, and a permitted mill. The property has not been explored since the mid-1980s and Yamana believes it has good exploration upside. The Malartic parnership recently identified porphyry hosted gold mineralization that could potentially be mined via an open pit.
Interest: 1% NSR Royalty
Location: Val d'Or, Quebec
Project Status: Exploration
Counterparty: Canadian Malartic Partnership (Agnico Eagle/Yamana Gold JV)
Yamana Gold Expands Its Footprint in the Abitibi Region With Friendly Acquisition of Monarch