1

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

AGNICO-EAGLE MINES

CHESTERFIELD INLET

MEADOWBANK

SHIPPING PROGRAM 2007

2

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MEADOWBANK LOCATION

N U N A V U T

CHESTERFIELD CHESTERFIELD

AIRPORTAIRPORT

ACCESSROAD

ACCESSROAD

AIRPORTAIRPORT

RANKIN INLETRANKIN INLET

BARGE/SHIPPINGACCESS

BARGE/SHIPPINGACCESS

Chesterfield Inlet

Chesterfield Inlet

Hudson Bay

SEASONALSHIPPING

SCHEDULEDAIR ROUTE

SEASONALSHIPPING

SCHEDULEDAIR ROUTE

0 50 Kilometres

0 50 Miles

MELIADINE WEST

MELIADINE EAST

To YellowknifeTo Yellowknife

To Winnipeg

To Winnipeg

BAKER LAKEBAKER LAKE

MEADOWBANKPROJECT

3

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MEADOWBANK SITE PLAN

4

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007Meadowbank Project – Description

Mine Plan/Feasibility: General Arrangement Portage

0.5

km

0

N

5

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007Meadowbank Project - Description

Exploration Potential: Goose South Discovery

6

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

BAKER LAKE FACILITIES

7

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

EQUIPMENT REQUIRED FOR 2007

• 4 X 100 tons trucks

• 1 Grader

• 1 Loader

• 1 Dozer

• 8 Pick-up trucks

• 1 Ambulance

• 2 Cranes

• Concrete mixers

• Container handler

• Pumps

• Construction equipment

• Concrete plant

8

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MATERIAL REQUIRED FOR 2007

• 4 600 tonnes of cement

• Reinforced steel

• 20 million litres of fuel

• Steel plate for fuel tank construction

• Wood for construction

• Mill building material

• Weather haven garage

• 72 dormitory modules

• Steel and plastic pipes

• etc.

9

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

2007 CONTRACTS

• Road

• Site preparation

• Tank Farm

• Concrete work

• Camp installation

• Mill Building Installation

10

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

ALL WHEATHER ROAD

11

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

BRIDGE

12

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

BRIDGE LAUNCHING

13

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

BAKER LAKE TANK FARM

14

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MEADOWBANK MINE SITE

15

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MEADOWBANK CAMP EXPANSION

16

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MEADOWBANK SITE 2006

17

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

DORMITORIES BEING MANUFACTURED

18

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

DORMITORIES READY FOR TRANSPORT

19

AGNICO-EAGLE MEADOWBANK PROJECT - UPDATE JULY 2007

MATNATHANKS

QUESTIONS ?