Euro Ressources S.A., a subsidiary of Golden Star Resources Ltd., explores and develops mineral properties, principally gold and diamond, in French Guinea. The Company holds interests in St-Elie, Yaou, Dorlin, and Paul Isnard gold properties, as well as the Dachine diamond property.
Côté Gold Mine (Ontario, Canada) Reached commercial production in August 2024, following initial gold pour in April 2024 Euro ressources holds a 70% stake after repurchasing a 9.7% interest in November 2024 First-quarter 2025 attributable production: ~51,000oz, contributing to 161,000oz companywide Plant throughput ramp-up: averaged ~96% of nameplate capacity over 30 days later in Q1, sustained rates continue to improve
Nelligan Gold Project (100% owned) As of February 20, 2025, resource estimates of 3.1 millionoz Indicated (102.8Mt @ 0.95g/t Au) and 5.2 millionoz Inferred (166.4Mt @ 0.96g/t Au), representing major upgrades in volume and grade 13,000m diamond drill program planned for 2025, with ~8,000m completed in Q1 Monster Lake Gold Project (100% owned) Updated resource estimate (Q4 2024): ~84,000oz Indicated (11g/t Au), ~489,000oz Inferred (14.4g/t Au)
Total capex: $310M, with $290M as sustaining capital; capital spend down mostly due to Côté construction completion Exploration budget: ~$38M: including $13M at Côté-Gosselin zone, $7M at Essakane and $6M at Nelligan/Monster Lake Production guidance (attributable): 735,000oz to 820,000oz total gold in 2025