John Tumazos: Nothing better than being able to see and touch the rock. Thank you.
Operator: Your next question comes from Tanya Jakusconek from Scotiabank. Please go ahead.
Tanya Jakusconek: Thank you for taking my questions. Can I ask on just the guidance for 2024 as we look for the year throughout the year, can I just ask about how we see production developing quarter-on-quarter? Are we similar to last year where it was generally equally distributed? Or should there be something else that we should be aware of?
Ammar Al-Joundi: Hi, Tanya. We’re expecting it to be relatively equal through the year.
Tanya Jakusconek: I like that. Never like those strong Q4s. Okay, that’s good. Thank you for that. Guy and Dominic, can I ask on Slide 23, I know we talked a little bit about the additional 500,000 ounces at Amaruq to extend the mine life? I’m just looking at the longitudinal to kind of see where you would have added those additional ounces? And then just maybe talk a little bit and I know, Ammar, you said you don’t want to really talk about extending beyond 2028, but I’m trying to get an idea of where else could we see the potential extension beyond 2028 to try and bridge that gap before, let’s say, Hope Bay comes in? Because I’m trying to understand whether we can use any of the workforce and/or equipment and/or other from Amaruq to Hope Bay to help with the CapEx. Over to you guys on that.
Guy Gosselin: I want to give you first part of the answer to your question. About where those 500,000 ounces will come from. They’re going to come, I would say, from three major things. As we continue to see that positive reconciliation with more tonne, better grade that were integrated in the model, that will potentially represent up to maybe a quarter of the ounces added will come from that. That positive reconciliation in the IVR pit that sits on the right hand side of that long section, we see kind of some very nice grade reconciliation in that part. One of the extensions of the mine contribution is a pushback we’re contemplating on the IVR pit. And both of those wells also by default allow us to continue to mine underground.
The third fold is continue mining additional stope that with the previous life of mine, when the pit were depleted and we were not able to continue mining underground. Now we’re going to be able to extend the underground, get some more stopes that were good grade, good quality, but that were not making sense on their own without an extension of the open pit. It’s a contribution of those three that leads to the addition of 0.5 million ounces. Maybe Dominique, you want to comment?
Dominique Girard: Tanya, it’s Dominique. Just on that, our goal is really to extend Meadowbank and keep Meadowbank running. Now the equipment we could reuse and the workforce, there’s different aspect of it that could be the genset, the HPGR, the compressor, pumps, different type of equipment. The thing is, we don’t know where they’re going to go. Is it going to Upper Beaver, Detour Underground, Wasamac, Home Bay, all those options exist. Same thing with the workforce. We’re going to be ramping up, as you say, at the time, Detour also have a lot of good position open. It might be Hope Bay too, but it’s all opportunities.
Tanya Jakusconek: Okay. So there’s lots of ability to use that equipment and people as you look out to the end of the decade?
Dominique Girard: Yes.
Tanya Jakusconek: And just maybe a question for you, Ammar, if I could ask on just the non-gold component. You mentioned you like copper. Obviously, San Nicolas is your first venture into sort of a copper asset. I saw some other smaller investments in non-gold are being made. Should we be thinking that that’s part of your strategy is investing in some of these junior non-gold equities for 2024? Is that a strategy that’s in place? Or are you looking to further grow with more developed upfront or producing copper asset?
Ammar Al-Joundi: So first of all, we are pretty focused on the gold projects that we have in our backyard that are the least risk and the highest return on capital. Now, we’ve been around for 66 years. We’re 98% gold right now. I would say that 60 years in the future, are we still going to be 98% gold? We’ll probably have other metals. The difference with us is, we’re not going to and I’m not knocking this on anybody else, but we are not going to a jurisdiction we know nothing about to chase a particular type of metal. Our strategy is simple. We try to be the best in the regions we can be. And if we have a competitive advantage in an area we operate and a non-gold asset becomes available, where we have a competitive advantage, we would look at it. And so, of course, we would look at copper. We’ve done a couple of other small things people know about. But we’re not going to a different jurisdiction with a different metal.
