Gold, silver miner eyes higher production after Quebec discovery

Photo: Yamana Gold

Toronto-based miner Yamana Gold has in-creased its production target following the discovery of a new miner-alised zone at the company’s Wasamac project in Quebec, Canada.


“At Wasamac, exploration has defined an entirely new shear zone which demonstrates the excellent exploration potential and oppor-tunity to further grow the mineral inventory and support a production platform of 200,000 ounces per year over a mine life of at least 15 years, significantly improving the approved development plan of an average of 169,000 ounces per year over a mine life of 10 years, thereby meaningfully increasing overall value,” the Canadian busi-ness said in a statement.


Yamana Gold says it holds significant gold and silver production, de-velopment stage properties, exploration properties, and land posi-tions in a number of countries across North and South America, in-cluding Canada, Brazil, Chile and Argentina.