Yamana Gold Reports Positive Initial Exploration Drill Results at Wasamac; Provides an Update on Its Generative Exploration Program, Which Continues to Show Significant Progress of Both Ad...
Yamana Gold Inc. Ordinary Shares (Canada) (AUY)
Last yamana gold inc. ordinary shares (canada) earnings: 4/30 07:15 am
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Source: Financial Post
TORONTO, Sept. 13, 2021 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) today announced positive initial drill results at its Wasamac project in the Abitibi-Témiscamingue Region of Quebec, Canada, confirming the presence of the Wasa Shear zone to the west of the main Wasamac zone and expanding the down-dip continuity of the Wasa Shear in a secondary zone known as Wildcat. These initial results further align with the objective to sustain 200,000 ounces per year of production at Wasamac and achieve a strategic mine life of more than 15 years, which, in turn, aligns with the potential to increase the Company's average annual production in Quebec to approximately 500,000 ounces by 2028 through 2041. Consistent with the optimization strategy announced with the positive development decision on Wasamac on July 19, 2021, the Company is advancing an exploration program that focuses on expanding the current mineral resource envelopes to depths bel
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