Agnico Eagle Mines Limited · TSX:AEM
Agnico Eagle Mines — Shareholder Meeting (June 2005)
16 slides from Agnico Eagle Mines's shareholder meeting presentation, Jun 2, 2005
Slide 1: Agnico-Eagle Mine Limited Annual General Meeting 2004: Building from Strength
2 Agnico-Eagle Mine Limited é Annual General Meetifig 2004: % a <= > > Building from Strength
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains certain “forward-looking statements" (within the meaning of the United States Private Securities Litigation Reform Act of 1995) that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accur
Slide 3: 2004 Results
2004 Results Gold (ounces) 271,567 Silver (ounces in thousands) 5,699 Zine (pounds in thousands) 167,282 Copper (pounds in thousands) 22,816 eve 215 Exptorton Oot an Minesite costs perton (cs) $ 48 Total cash costs ($/oz) $ 56
Slide 4: Q1 2005 Operating Results
Q1 2005 Operating Results Gold (ounces) Silver (ounces in thousands) 1,097 Zine (pounds in thousands) 41,141 Copper (pounds in thousands) 3,989 Minesite costs perton (cs) $ 48 Total cash costs ($/oz) $ 67
Slide 5: Earnings (millions)
Earnings (millions) Earnings per share $ 0.12 Cash flow from operating activities (millions) $ aaa Cash & equivalents March 31 2005 (millions) $ 117.1
Slide 6: 2005 Forecast
2005 Forecast Assumptions (US$) | Breakdown 1 1 Gold ($/oz) $ 375 : Tons 2,911,000 | Tons per Day 7,975 Silver (S!oz) $ 6.00 | Payable Production: : ‘Au (ounces) 270,000 Zine (ib) $ 045 | ‘Ag (ounces in thousands) 5,500 ; Cu (pounds in thousands) 18,000 1 Copper ($b) $ 1.15 2n (pounds in thousands)
Slide 7: Building a Multi-Mine Platform
Building a Multi-Mine Platform
Slide 8: Regional Projects
Regional Projects Northwestern Quebec @ Pro-mining environment ™ Low discovery costs /oz ™ Favourable geology m LaRonde $ 3 = Excellent infrastructure = Lapa $7 @ Large property position & database ™ Goldex $ 20 17 wien Osoesin Camp 27 ion Gunces in Can Button duncesincanp 17 mionGunces inCamp TUMUl
Slide 9: Potential New Mine
Potential New Mine Bulk sample complete ™ Probable reserve of 22.1 million tons at 0.07 ozfton, or 1.6 million oz = Permitting in progress = Feasibility complete. Independent evaluation in progress, complete by June 2005. = Deposit open at depth
Slide 10: Probable reserve: 1.2 million oz
™@ Probable reserve: 1.2 million oz @ Indicated resource of 0.8 million tons at 0.16 ozfon, or 0.13 million oz @ Inferred resource of 1.9 million tons at 0.22 ozfon, or 0.41 million oz @ $30 million shaft sinking, underground program initiated - Phase 1 ® additional $80 million to reach full product
Slide 11: LaRonde II
LaRonde Il Zone 20 North j Higher Metal Values @ Higher NSR values at depth in polymetallic envelope @ Continuing resource conversion @ Higher gold grade core confirmed @ Pre-feasibility expected in third quarter 2005, ZONE 20N ZONE 20N ~— zone 20n Potential Higher Grade Envelope Trend thicker and h
Slide 12: Global Projects
Global Projects A Growing Global Company ¢ Sten ron pnt = 6 drills in operation mPhase II drilling — 83,300 ft planned = Adjacent to major infrastructure Ccninushus Pinos Altos (Mexico) Under option agreement with Penales Indicated resource of 4.4 millian tans at 0.18 ozton, or 08 million oz Inferre
Slide 13: Suurikuusikko Project - Northern Finland
uilding @ Multi-Mine Platform Suurikuusikko Project - Northern Finland Growing Gold Resource Shear hosted disseminated Gold Tons Ounces gold deposit extn 0005) GOO) Strike length: 2.6 miles Indicated Resource 0.164 10,584 1,740 Open at depth and along strike Inferred Resource 0.128 8,377 1,070
Slide 14: Pinos Altos — Mexico
ding @ Multi-Mine Platform Pinos Altos — Mexico Santo Nifio Structure m= Low sulphidation volcanic hosted Open to the west and at depth lM ate lees 55,000 foot surface and underground Thickness up to 150 feet drilling program underway m= Vertical extent at least 1,800 feet Adjacent to major infrastr
Slide 15: LaRonde performing well
LaRonde performing well Potential new mines at Goldex and Lapa by 2008 Exciting opportunities at Suurikuusikko, Pinos Altos and LaRonde II Good track record of increasing reserves 1938 Reserves — Millions of Ounces 1939 2000 2001 7 «79 2002 20082004 SS"
Slide 16: Searchable text section of graphics
Searchable text section of graphics shown above [ GRA PHIC] Agnico-Eagle Mine Limited Annual General Meeting 2004 Building from Strength [LOGO] Bui lding from Strength Forward Looking Statement [LOGO] This presentation contains certain “forward-looking statements” (within the meaning of the United S