Holt McDermott (Closed) gold mine

Certain portions of the Holt-McDermott claims are subject to net profits interests ranging from 5% to 15% and net smelter return royalties of up to 2%. Following depletion of reserves in 2004, agreement was reached with Hemlo Gold Mines Inc. (operators of the adjacent Holloway mine) for the purchase of the mill and mine. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.