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. Monarch has digitized historical exploration data, which Yamana intends to review, after which it will make a determination whether to commence an exploratory drill program.
Interest: 1% NSR Royalty
Location: Val d'Or, Quebec
Project Status: Exploration
Counterparty: Agnico Eagle/Yamana Gold JV