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Cumberland Resources Ltd.
Developing a Major Gold Mine in Nunavut
Cumberland is positioning itself to become a mid-tier North American gold producer by advancing the Meadowbank project to production. Cumberland’s most significant asset is the 100%-owned Meadowbank gold project located 70 kilometres north of the Hamlet of Baker Lake, Nunavut Territory. Open pit production is forecast at 330,000 ounces per year with total cash costs estimated at US$201 per ounce over an 8.1 year mine life (December 2005). The Company is focusing on development of Meadowbank by advancing the environmental permitting process and continuing exploration to expand reserves and extend the operational life of the mine.
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Cumberland
Resources Ltd.
Suite
950 - One Bentall Centre, 505 Burrard Street, Box 72, Vancouver, BC
Canada V7X 1M4
Tel: 604-608-2557 Fax: 604-608-2559 Email: info@cumberlandresources.com |
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