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We are looking for people who worked at the old Wasamac mine!

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Agnico Eagle's acquisition of Yamana's Canadian assets expected to close soon

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Following Agnico Eagle Mining's offer to acquire Yamana Gold, the process is nearing completion. According to the latest press release issued by Agnico Eagle, "The pending acquisition of the Canadian assets of Yamana Gold (Yamana Transaction) is expected to close in March 2023, subject to regulatory approvals."
Through this process, Agnico Eagle Mining will own 100% of the Canadian Malartic mine, 100% of the Wasamac underground mining project and several other properties in Canada. The company is no stranger to Abitibi-Témiscamingue where it has been operating for over 50 years.
You can consult the official press release in English on this link :
https://s21.q4cdn.com/374334112/files/doc_news/news_documents/2023/2022-Q4_AEM-Results-2023.02.16-FINAL.pdf
The statements in the press release regarding the Wasamac project are as follows: in 2023, Agnico Eagle plans to analyze the technical work carried out to date, to further evaluate the exploration potential and to evaluate the concept of processing Wasamac ore at the Canadian Malartic mine plant. This concept would have the potential to reduce the project's footprint on the land and the environment, and would also reduce capital costs. The technical evaluation of Wasamac should be completed by the end of 2023. The permitting schedule for the project will be reassessed in this process. As these assessments progress, we will follow up through our usual communication channels and at upcoming public meetings. At this time, there is no new field work planned and the announced bulk sampling of the deposit may be delayed.
The Community Relations office remains open as usual and the Community Relations team remains available to answer your questions, comments or concerns. You can reach us by email at wasamac@yamana.com, by phone at 1-833-510-0330 or at our community relations office at 14 rue d'Évain.
Yamana Gold Community Relations Office Opens in Évain

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Yamana Gold Community Relations Office Opens in Évain
We had a great time and many fascinating encounters at the opening of the Community Relations Office. On Thursday, March 24, between 9 a.m. and 8 p.m., our team had the pleasure of:
- hosting 50 partners;
- chatting with 100 people from the community;
- enjoying the laughter of over 350 children playing in the inflatable games and other activities.
From left to right, Brenda Brooks (Executive Assistant, Yamana Gold), Marc-André Lavergne (Director, Community and External Affairs, Yamana Gold), Benoît Lessard (Vice-President of the Rouyn-Noranda Chamber of Commerce and Industry) and Geneviève Tétreault (Communications and Community Relations Coordinator, Yamana Gold)

The Community Relations office, a space dedicated to welcoming the public and families, will become a hub for sharing information about the Project and gathering feedback. By providing this venue for meetings and discussions between the local population and our teams, we are continuing our involvement in the Évain neighbourhood and reiterating the importance of community relations we are developing there
The offices, located at 14 rue d'Évain, Rouyn-Noranda, are open to the public from Tuesday to Thursday from 9:00 a.m. to 5:00 p.m. Mondays and Fridays are by appointment only (by phone: 1 833 510-0330; by SMS: 833 510-0330, by email: wasamac@yamana.com)
Grand Opening of Yamana Gold's Community Relations Office for the Wasamac Underground Mining Project

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Welcome to the community!
Grand Opening of Yamana Gold's Community Relations Office for the Wasamac Underground Mining Project

Thursday, March 24 from 4 to 8 p.m.
at 14 Évain Street

Come meet us, talk with the directors and community relations team and visit our new office in the heart of the Evain district.
Outdoor inflatable games, a photographer for you and your family, beverages and snacks!
As of March 28, our opening hours will be Tuesday to Thursday from 9 am to 5 pm.
Monday and Friday by appointment only.

We look forward to welcoming you!
The ongoing optimization of the Wasamac underground mining project, one year after its acquisition by Yamana Gold

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As the year begins, we are pleased to share an update on the project. One year after its acquisition by Yamana Gold, the Wasamac underground mining project continues to be optimized and the regional team is growing. Following a busy year of hiring in 2021, our team will have four new resources in January, for a total of 15 people. Two additional positions are also posted in the Careers section of our website, and we plan to continue this momentum to support project development.
In terms of community relations, the dialogue with the communities continues despite the year-end tightening of COVID-related health measures announced by the government. The official opening of our community relations office, located at 14 rue d'Évain in Rouyn-Noranda, is planned for this winter. We will extend an invitation to the public at that time and look forward to welcoming you in person when the health situation permits and when the current renovation work is complete. Until then, our team can be reached at any time by phone at 1 833 510-0330 or by email at wasamac@yamana.com.
The year starts with the posting of an explanatory video. We invite you to watch it to learn more about the various components of the project, which has reached the advanced exploration stage and the assessment of its environmental and social impacts. The consultation platform has been completely revamped: new Neighbourhood and Indigenous Communities and Organizations pages have been added to the Community Relations section, and the project description has been updated.

The video highlights our commitment to combining team member safety, operational productivity, and environmental protection through efficient operations management using innovative technologies. It provides detailed information on the planned infrastructure, the technologies to be used and the steps to be taken between now and the commissioning of the processing facility and the commercial production of gold scheduled for 2026-2027.

We expect the completion of most of the work for the submission of the Environmental Impact Assessment in the first half of the year, and the filing of the Assessment by the end of 2022.
The upcoming months give us a significant window of opportunity to broaden and enrich the contributions of area residents and Indigenous communities to the environmental impact assessment, as is called for by the new federal Impact Assessment Act, which prescribes increased participation by communities. Our team and experts will also be working on further technical, health, safety and environmental performance improvements to the project. For example: a new scenario for dewatered tailings disposal at the abandoned Aldermac mine site is being studied to validate its viability and environmental footprint. This site was brought to our attention by area residents and Indigenous communities as an interesting alternative that could minimize the impacts on the lands.
We continue the works to characterize and optimize the project with the contribution of the public, Indigenous communities, and experts towards the goal of building a modern underground mine.
We also wish to inform you that it is still possible to participate online in the citizen land use consultation process. This participatory exercise, which began at the December 1st neighbourhood meeting, is being held to gather information about the activities practiced in the vicinity of the proposed mine site. The minutes of that neighbourhood meeting are posted here.

Happy reading, and best wishes for the New Year!
The Yamana Gold Québec team
Yamana Gold Acquires Office Space in Évain for its Community Relations Office

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We are pleased to announce that we recently acquired office space at 14 d'Évain Street in Rouyn-Noranda for the purpose of opening a Community Relations Office for the Wasamac underground mining project.
The Yamana team in Quebec is growing and a new contact person will be available to handle questions and suggestions from the community.
The creation of this information and discussion centre for citizens is the fulfillment of one of Yamana's first commitments to the community in connection with the Wasamac underground mining project, aimed at meeting an expectation expressed by residents.
As a former Desjardins service centre for the Évain district, the existing Desjardins ATM in the building will continue to be accessible to users.
The announcement of the official opening of the office, and an invitation to the public, will be forthcoming as soon as renovations and upgrades are completed.
July 19, 2021 – Feasibility study update: positive results for the development of the Wasamac underground mining project

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We are pleased to present today the results of the updated feasibility study for the Wasamac underground mining project, confirming our intention to advance the project to production, conditional on obtaining government authorizations which are subject to the currently ongoing environmental assessment processes.
This decision clearly places Quebec and Abitibi-Témiscamingue at the heart of Yamana Gold’s future development and affirms our desire to consolidate our presence there by accelerating and positioning our development activities. The recent hiring of resources from Quebec in management positions and the acquisition of new mining properties in Abitibi last month also bear witness to this. This announcement further consolidates Yamana Gold's position as the second largest gold producer in Quebec and indicates major investments that will generate significant positive spinoffs for all communities. The recent launch of the Yamana corporate website in French(External link) is also an additional indication of this willingness to pursue our expansion in Abitibi-Témiscamingue and in Quebec.
The Wasamac underground mining project: a new page of history
Located between Évain and Arntfield, Wasamac is a former mining property operated in the late 1960s and early 1970s. The feasibility study which will be the subject of a presentation to investors tomorrow indicates that its planned operation, which would be deploying new technologies and would be focusing on respect and cohabitation with the neighborhood, would currently result in a mine life of 10 years with a development potential of more than 15 years and an annual production rate of 200,000 ounces of gold.
A favorable decision for the development of the project which reflects Yamana's commitment to put the necessary means and efforts to develop the Wasamac project in a responsible manner
This is an important milestone in the development of our project which will allow substantial investments and mark a new phase both regarding the activities of characterization of the deposit and the design of the underground mining project, and in terms of relations with the neighborhood and communities. We are enthusiastic to continue the collaborative efforts started since the first hour with the neighborhood, the communities, and the First Nations. Inspired by Yamana's values and local and international best practices, these approaches aim to determine the conditions of acceptability of the project under development and the implementation of transparent and proactive community relations.
A "yes" conditional on obtaining environmental authorizations
Provincial and federal impact assessment and environmental assessment processes are ongoing. The authorizations resulting from these processes are required to begin construction of the Wasamac underground mining project. We are confident in our ability to secure the necessary authorizations since we approach these studies with rigor and work with the best experts, both professionals and the neighborhood, to develop a project with the lowest environmental footprint possible.
Today's announcement also recommends continuing our exploration activities into a new phase of advanced exploration. This is a hypothesis that we are currently evaluating. If we were to go ahead with this one, the exploration ramp portal would be located on the west side of the Route 117 on the Wasamac property and bulk sampling of the deposit would be done via underground ways. This would also involve obtaining additional government authorizations separate from the ongoing environmental impact assessment on the mining project. The construction of infrastructure (exploration ramp) and bulk sampling would be subject to separate government authorization processes (from the Ministry of Energy and Natural Resources for sampling and the Ministry of the Environment for the construction of infrastructure and dewatering).
In addition, exploration activities should begin in the fall on the recently acquired Francoeur-Arntfield-Lac-Fortune properties to better define mineral resources and potential synergies with the Wasamac underground mining project.
For more information about this announcement, see the corporate press release(External link).
To learn more about the Wasamac underground mining project, its environmental assessment, its exploration program and to view job offers, visit www.wasamac-consultations.com/
We always remain available to answer your questions about the Wasamac underground mining project or any other matter concerning Yamana Gold's activities.
Sincerely Yours
Marc-André Lavergne
Directeur Communauté et affaires externes
Yamana Gold

June 16, 2021 – Acquisition of Francoeur, Arntfield and Lac Fortune mining properties

Yamana Gold announces the acquisition of the Francoeur, Arntfield and Lac Fortune mining properties near the company’s Wasamac underground mining project. Potential synergies between the properties could bring additional value to the project under development.

Historical data from these new properties and the Wasamac project will be consolidated and exploration activities are expected to start by this fall to better determine mineral resources and synergistic potential, which could extend the life of the Wasamac underground mining project or enhance production.

There may also be synergistic interests with the Wasamac underground mining project currently under development, notably through the reuse of old infrastructure from the acquired properties.

It is important to note that despite this opportunity, the Wasamac underground mining project remains a separate entity. Wasamac is not dependent on the newly acquired properties, even if potential synergies are anticipated.

A thorough review of the 2018 feasibility study allowed Yamana to identify opportunities to optimize the Wasamac project:

	2018 feasibility	Optimization under study
Average tonnage	6,053 tons/day	7,000 tons/day
Mine life	11 years	More than 15 years
Annual volume	142,000 ounces	170,000 à 200,000 ounces
Technology	Rail Veyor	Conveyor

As previously reported, details of the final feasibility study update are expected to be available by the end of the summer.

The neighborhood meeting scheduled for this Wednesday will be an opportunity to share this news with the community and answer any questions that may arise, or at least document them if the answers are not yet available.

January 21, 2021 – Closing of friendly transaction between Monarch Gold and Yamana Gold

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The friendly transaction between Monarch Gold and Yamana Gold regarding the Wasamac mining property and the Camflo plant was concluded on January 21. Yamana Gold will soon resume its information and consultation activities regarding the Wasamac underground project under the guarantee that the commitments made by its predecessors will be respected and that the dialogue with the population will be maintained. There will be opportunities to get to know the team developing the project and learn more about the development itself. Yamana Gold is also pleased to announce that Marc-André Lavergne will continue his work with the Yamana Gold team as Manager of Community and External Affairs.
Yamana Gold invites you to view a video clip that offers an overview of the vision of its leaders for the Wasamac underground project, accessible at the following link:
https://www.youtube.com/watch?v=uIHBZJt4BzM&ab_channel=YamanaGold(External link)
Go to the Follow Project section of this online platform to subscribe to our mailing list and stay informed of developments in the Wasamac underground project.