- Emergence of a new leading intermediate gold company with expected 2011 production of 475,000 Aue ounces 1 and peer leading growth of approximately 54% to 730,000+ 3 Aue ounces by 2013
- Large resource base of approximately 19 million Aue ounces (excluding copper)
- 2 cornerstone assets in Ocampo and Young- Davidson that alone have the potential to produce over 500,000 Aue ounces at lowest quartile cash costs
- Fully un-hedged exposure to record gold and silver prices generating significant free cash flows
- Strong balance sheet
- Experienced management team with a proven track record of building and operating mines; supported by highly qualified Directors
- Excellent platform for further consolidation, with a focus on the Americas
- Geopolitically diversified asset portfolio across three of the most attractive mining jurisdictions ( Mexico, Canada, and Australia)
- Enhanced market presence: AuRico and Northgate are covered by 15 analysts, and will have exceptional trading liquidity with listings on the TSX and NYSE
- Compelling revaluation opportunity driven by an attractive valuation, significant synergies, and a focused growth strategy
AuRico Gold To Acquire Northgate Minerals And Create A Leading Intermediate Gold Company
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