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Agnico Eagle Provides Exploration Update on Two Projects - Amaruq's Whale Tail Zone Expands and Infills; Drilling Extends Known Zones at El Barqueno; Soltoro Deal Closes
TORONTO , June 9, 2015 /CNW/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico...
About this update from Agnico Eagle Mines Limited
[{"type":"text","content":"\n\n\nTORONTO, June 9, 2015 /CNW/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (\"Agnico Eagle\" or the \"Company\") is pleased to report additional\n results from the 2015 Phase 1 exploration program at the Amaruq gold\n project in Nunavut, northern Canada.  The Company last reported results\n from this project in its news release dated April 30, 2015.  The\n Company is also reporting its initial drill results from the El\n Barqueno project in west-central Mexico, which was acquired in November\n 2014. In addition, the acquisition of Soltoro Ltd. has closed.\n\n\nHighlights include:\n\n\n\nDrilling at Amaruq has filled in the gap under Whale Lake with\n significant gold grades and good widths - Drilling at Whale Tail under Whale Lake continued to intersect\n high-grade gold over significant widths, including 19.8 grams per tonne\n (\"g/t\") gold (capped) over 5.0 metres at 130 metres depth (hole\n AMQ15-187), and 15.9 g/t gold (capped) over 14.6 metres at 126 metres\n depth (hole AMQ15-181)\n\n\n\n\nNew gold structure confirmed north of Whale Tail deposit at Amaruq - New mineralized structure approximately 100 metres north of the Whale\n Tail deposit, including 6.1 g/t gold (capped) over 4.0 metres at 284\n metres depth and 9.7 grams g/t gold (capped) over 3.8 metres at 306\n metres depth (hole AMQ15-177).\n\n\n\n\nEl Barqueno - Azteca and Angostura mineralization extended by drilling - Infill drilling at Azteca yielded 4.02 g/t gold, 4.01 g/t silver and\n 0.03% copper (uncapped) over 12.2 metres at 31 metres depth (hole\n BDD0119).  Angostura is being extended to the southwest and deeper,\n including the BRQ15-153 intercept of 1.93 g/t gold, 5.84 g/t silver and\n 0.04% copper (uncapped) over 5.9 metres at 217 metres below surface.\n\n\n\n\nEl Barqueno - Peña de Oro prospect extended to southwest by drilling - Hole BRQ15-148 intersected 3.95 g/t gold, 15.65 g/t silver and 1.34%\n copper (uncapped) over 9.6 metres at 135 metres below surface,\n suggesting continuity of mineralization to the southwest.\n\n\n\n\nEl Rayo project acquired next to El Barqueno property - The acquisition of Soltoro Ltd., effective June 9, 2015, adds a\n further 30,000 ha of property in Jalisco State to the Company's\n holdings, including the El Rayo gold-silver project, immediately east\n of El Barqueno\n\n\n\n\nResource updates...