AuRico Gold Provides an Update on 2011 Exploration Programs
Tuesday, 10 January 2012 15:25
AuRico Gold Inc. provided highlights of the 2011 exploration programs completed at the Company’s expanded asset base in Canada, Mexico and Australia.
The Company expects to release a company-wide reserve and resource update in the first quarter of 2012.
2011 was a transformational year for AuRico Gold, as the Company diversified its production portfolio through two significant transactions, acquiring the Young Davidson mine located in Northern Ontario, Canada, which is scheduled to begin production in late Q1 2012, and the El Chanate mine located in Sonora State, Mexico. The Company’s growing production profile is also supported by the significant exploration potential at its expanded portfolio of properties.