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Timeline Ontario Greenstone Mine
from Mining - March 2022
TIMELINE
NTARI GREENST NE MINE
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Greenstone Mine will be one of the largest gold mines in Canada, producing more than 400,000oz of gold annually for the first five years and more than 5mn oz of gold over its initial 14-year mine life.
2021
Early construction works underway. The mine will contain a 27,000 tonnes-perday processing facility and open-pit mining operation for the Hardrock deposit
2022
Mining scheduled to start.
40% of construction capital to be spent
2023
35% of construction capital due to be spent
2024
first gold pour targeted
Remainder of construction capital spend (15%). The project anticipates two years of construction and six months of commissioning.
2024 - 2038
More than 360,000oz average annual gold production targeted over initial 14-year mine life
