Issue link: http://resourceworld.uberflip.com/i/855838
12 www.resourceworld.com A U G U S T / S E P T E M B E R 2 0 1 7 with a recovery of 95.7%. The company generated revenues from the sale of gold of almost $10 million for the six months ended December 31, 2016. The average price received was almost $1,700/oz sold. Abcourt acquired the Sleeping Giant mine and mill in 2016, located half-way between Amos and Matagami. Abe Resources Inc. [ABE-TSXV] has acquired Pioneer Resources Inc. and its Dôme Lemieux polymetallic (copper-zinc- silver-gold) property in the Gaspé region of eastern Québec and has filed a supporting NI 43-101 technical report. Abitibi Royalties Inc. [RZZ-TSXV] receives royalties from various mining operations such as 3% net smelter return (NSR) royalty on the eastern portion of the Canadian Malartic mine (owned and operated by Agnico Eagle and Yamana Gold), which includes the Barnat Extension and Jeffrey gold deposits. Agnico-Eagle Mines Ltd. [AEM-TSX, NYSE] has 100% inter- ests in and operates three gold mines in Québec – the Lapa, La Ronde, Goldex, and has a 50% interest in the Canadian Malartic Mine (Yamana 50%). For 2017, payable gold production is expected to exceed 1,570,000 ounces, while total cash costs per ounce are expected to be between $595 and $625, and all-in sus- taining costs are forecast between $850 and $900 per ounce of gold, on a by-product basis. Alexandria Minerals Corp. [AZX-TSXV] recently reported assay results from drilling at the east end of its 100%-owned Orenada Zone 4 gold deposit in Val d'Or. Multiple high-grade gold veins were intersected in five drill holes drilled on two sec- tions designed to test extensions of gold mineralization to the east as well as above and below the 2009 resource. Hole OAX-17-093 intersected several high-grade veins between 50-metre depth and 350-metre depth, with up to 18.06 g/t gold over 1.00 metre, 4.10 g/t over 6.80 metres, (including 13.28 g/t over 1.00 metre), 9.29 g/t over 2.20 metres and 8.45 g/t over 1.70 metres. Alderon Iron Ore Corp. [IRON-TSX] is a development-stage company advancing the Kami Project located in the Labrador Trough, Canada's premier iron ore mining district. The Kami property is surrounded by two producing mines and is near a common carrier railway, as well as a deep-sea port. There is a NI 43-101 measured and indicated resource estimate of 1.2 billion tonnes grading 29.8%. Arianne Phosphate Inc. [DAN-TSXV; DRRSF-OTC; JE9N] has signed a memorandum of understanding with a major global producer of sulphuric acid to explore the possibility of setting up a downstream operation that would produce phosphoric acid. Arianne is developing the Lac à Paul phosphate deposits 200 km north of the Saguenay/Lac St. Jean area. Although at an early stage of discussion, the venture is assessing the construction of a facility capable of producing a high-quality phosphoric acid for both the fertilizer market and for specialty applications. Aurvista Gold Corp. [AVA-TSXV; ARVSF-OTCQB; AV2-FSE] has partially completed a financing to raise $16 million. Funds will be used to explore the company's district-scale 305 km 2 Douay gold project located along a 40-km segment of the Casa Berardi deformation zone within the prolific Abitibi greenstone