1. CORE IN THE CORNER OFFICE
The Agnico‐Eagle
Exploration Show and Tell
145 King Street East, Suite 400
January 6th and 7th
Featuring core and geologists from key
projects: Suuri‐Roura Deep (Kittila),
Tiriganiaq‐F Zone (Meliadine), Westwood
(Ellison), D Zone (Goldex), Zone 5 (Bousquet),
Cubiro (Pinos Altos)
2.
3. Pinos Altos – Mexico
Exploration Success Adding to Growth Opportunities
2011
Estimated production of 168,000oz Au at cash costs of $400/oz
Mascota: 31,000oz Au at cash costs of $439/oz
2012-2015
Estimated average annual production of 175,000oz Au at cash
costs of $345/oz
Underground to account for majority of production
Mascota: 55,000oz Au at cash costs of $299/oz
Exploration Focus
Potential to develop satellite deposits (Cubiro, Sinter, San Eligio)
Focus on resource conversion, expansion of
Pinos Altos zones, Reyna de Plata, Creston Mascota
Gold reserves (m oz) 3.4
Average reserve grade (g/t) 2.5
Measured & Indicated resource (m oz) 0.5
Inferred resource (m oz) 0.7
Est. LOM (years) 18
Estimated average production (k oz/yr) 170
2011 exploration budget $2M
7. Cubiro Vein – Mineralization 3D Model
View Looking north-northeast (+/- 1.0 g/Au t grade shell over 2m width)
8. Cubiro Vein Longsection
Contoured Au Intercepts (Approx. >2m @ + 0.3 g Au/t)
View Looking Northeast
9. Cubiro Vein – Mineralization 3D Model
Longsection View
Looking Northeast
December, 2010
10. Cubiro Vein – Mineralization 3D Model
Cross Section View
Cross Section-16
(Showing Loc. of CB-09-015) Drillhole CB-09-015
200 meter Grid View Looking northeast December, 2010 Assay Summary
11.
12. Kittila Mine
Optimization Phase Bearing Significant Results
2011
Estimated production of 150,000oz Au at cash costs
of $548/oz
Expansion study to be reviewed Q3 2011
2012-2015
Estimated average annual production of 173,000oz
Au at cash costs of $501/oz
Exploration Focus
Resource conversion, expansion below Suuri and
Roura, and along strike
Gold reserves (m oz) 4.0
Average reserve grade (g/t) 4.8
Measured & Indicated resource (m oz) 1.4
Inferred resource (m oz) 0.6
Est. LOM (years) 22
Estimated average production (k oz/yr) 150
2011 exploration budget $16M
13. Kittila Mine - Longitudinal Section
Section 37870 mN
ROU-10-026B
7.25 g/t Au / 10.0 m
6.46 g/t Au / 12.8 m
ROU-10-024B
3.85 g/t Au / 10.1 m
ROU-10029
ROU-10-026
1.76 g/t Au / 2.1 m
3.98 g/t Au / 17.2 m
ROU-10-024
ROU-10029 6.42 g/t Au / 4.9 m
2.68 g/t / 2.3 m
14. Kittila Mine
Tonnes,
Au, g/t Au, Moz.
Mt
Proven + Probable
26.0 4.8 4.0
Mineral Reserve*
Indicated Mineral
20.5 2.2 1.4
Resource
Inferred Mineral
5.2 3.4 0.6
Resource
N
* Reserve and Resource calculation as of December 31, 2009
17. Kittila - Cross Section 37870 mN
North
Roura
Zone
Central
ROU-10-026B Roura
7.25 g/t Au / 10.0 m
6.46 g/t Au / 12.8 m
Zone
18.
19. LaRonde – Canada
Increasing Gold Output in 2012
2011
Estimated production of 157,000oz Au at cash costs of
$54/oz
2012-2015
Estimated average annual production of 290,000oz Au
at cash costs of $381/oz
Exploration Focus
Additional potential at depth, to the East and to the
West
Tracing and potentially defining a gold resource at
Ellison (appr. 2km west of LaRonde)
Gold reserves (m oz) 4.8
Average reserve grade (g/t) 4.4
Measured & Indicated resource (m oz) 0.4
Inferred resource (m oz) 1.4
Est. LOM (years) 13
Estimated average production (k oz/yr) 324
2011 exploration budget $4M
23. Bousquet Zone 5 - Surface View
Zone 5
Zone 4
Bousquet 2
Zone 3 (mined)
Bousquet 1 shaft
0 250
meters
24. Bousquet Zone 5 Longsection - 2011 Program
E
S10-02
00
Historical Pit Production (80’s) by Long Lac Mineral 2.0 g/t Au over 49.7m (42 tw)
69
1.9 M tonnes @ 2.20 g/t Au => 124 000 ounces Incl. Zone 4 @ 2.9 g/t over 4.5m (3.8 tw)
And Zone 5 @ 2.2 g/t over 39.4m (33.5 tw)
Surface
In progress
Mineral inventory S10-07 S10-05
(0- 500 metres) In progress S10-03 S10-06
20.1 Mt @ 1.90 g/t =>1.2 M ounces
(Zone 5 only) -250m
9.1 Mt @ 1.70 g/t =>0.5 M ounces S10-01
(Other parallel zones incl. Zone 4)
S10-04
-450m
Re-sampling program
±1500 samples (assays pending)
Drilling 2010 (started Nov 30th 2010)
2 082 m
Drilling Program 2011 (0-500m)
20 000m – 2 000 000 $
25. Surface
Bousquet Zone 5 n
Pi
t
pe
.O
ox
pr
Ap
Cross Section 6900E
S10-02 S10-02
2.0 g/t Au over 49.7m (42 tw)
Incl. Zone 4 @ 2.9 g/t over 4.5m (3.8 tw)
and Zone 5 @ 2.2 g/t over 39.4m (33.5 tw)
S10-03
Assays pending
-250m
ined out)
Zone 4
Zone 5
Zone 3 (m
S10-01
Assays pending
S10-04
-450m Logging in progress
26. LaRonde Exploration Targets – Budget 2011
Puits Bousquet I Puits Bousquet II Puits I Puits Penna Puits II
3.8 / 5.4
In progress
5 500m
In progress
863 500$
4 250m 3.0 / 14.3
2 800m TOTAL BUDGET 2011
484 500$ 1.8 / 4.1 532 000$ 12 550m
In progress
TOTAL : 2 157 773 $
2010 Results
2011 Targets
33. Goldex – Canada
Strong Free Cash Flow Generator
2011
Estimated production of 185,000oz Au at cash costs of
$349/oz
2012-2015
Estimated average annual production of 179,000oz Au
at cash costs of $344/oz
Exploration Focus
Resource definition and expansion at D zone at depth,
exploration to west, east and at depth
Gold reserves (m oz) 1.6
Average reserve grade (g/t) 2.1
Measured & Indicated resource (m
0.0
oz)
Inferred resource (m oz) 0.8
Est. LOM (years) 7
Estimated average production (k
168
oz/yr)
2011 exploration budget $6M
35. Goldex
76-003
1.27 g/t Au / 60.0 m
73-406
2.07 g/t Au / 105.0 m
73-403
1.23 g/t Au / 151.5 m
incl. 3.30 g/t Au / 31.5 m
76-008
1.88 g/t Au / 181.5 m
Incl. 2.04 g/t Au / 165.0 m 84-050
1.51 g/t Au / 121.5 m
76-006
incl. 2.10 g/t Au / 30.0 m
1.69 g/t Au / 216.0 m
incl. 2.68 g/t Au / 12.0 m
incl.2.04 g/t Au / 70.5 m
incl. 2.16 g/t Au / 27.0 m
incl. 2.06 g/t Au / 90.0 m
73-402
1.34 g/t Au / 96.0 m
incl. 2.28 g/t Au / 51.0 m
76-007
0.92 g/t Au / 159.0 m
incl. 2.13 g/t Au / 16.5 m
incl. 2.21 g/t Au / 19.5 m
39. Meliadine Project, Rankin Inlet, Nunavut
$129M – Three year exploration & development program underway
Tonnes Grade (g/t) Contained gold ounces
Measured Resource 0.3 million 10.6 101,000 oz Au*
Indicated Resource 13 million 7.9 3,191,000 oz Au*
Inferred Resource 8 million 6.4 1,731,000 oz Au*
* As per Jan 12, 2010 technical report by Snowden Mineral Industry Consultants
49. Meadowbank – Canada
Newest Mine - Largest Gold Producer Already
2011
Estimated production of 362,000oz Au at cash costs of
$597/oz
2012-2015
Estimated average annual production of 399,000oz Au
at cash costs of $511/oz
Exploration Focus
Focus on resource conversion and expansion of Vault,
Goose South and Portage
Gold reserves (m oz) 3.7
Average reserve grade (g/t) 3.5
Measured & Indicated resource (m oz) 3.3
Inferred resource (m oz) 0.8
Est. LOM (years) 10
Estimated average production (k oz/yr) 350
2011 exploration budget $7M
50. Meadowbank Regional Geology Map
PDF
Vault
Portage
Goose Island
Goose South
Program Metres 2011 Budget (‘000’s)
Minesite Exploration 19,000 $7,373
Regional Exploration 13,000 $4,029
Total 32,000 $11,402
51. Meadowbank Exploration Budget 2011
Vault – Resource Conversion
Vault Pit
Vault East
Vault South
Tern Lake Porphyry
Exploration
Far West Iron Formation
Goose South Extension
Minesite 2011 Budget
Metres
Program (‘000’s)
Conversion 10,500 $3,814
Exploration 8,500 $3,559
Total 19,000 $7,373