CORE IN THE CORNER OFFICE

        The Agnico‐Eagle 
    Exploration Show and Tell
       145 King Street East, Suite 400
             January 6th and 7th

    Featuring core and geologists from key 
      projects: Suuri‐Roura Deep (Kittila), 
  Tiriganiaq‐F Zone (Meliadine), Westwood 
(Ellison), D Zone (Goldex), Zone 5 (Bousquet), 
              Cubiro (Pinos Altos)
Pinos Altos – Mexico
Exploration Success Adding to Growth Opportunities
   2011
         Estimated production of 168,000oz Au at cash costs of $400/oz
         Mascota: 31,000oz Au at cash costs of $439/oz

   2012-2015
         Estimated average annual production of 175,000oz Au at cash
          costs of $345/oz
         Underground to account for majority of production
         Mascota: 55,000oz Au at cash costs of $299/oz

   Exploration Focus
         Potential to develop satellite deposits (Cubiro, Sinter, San Eligio)
         Focus on resource conversion, expansion of
          Pinos Altos zones, Reyna de Plata, Creston Mascota
         Gold reserves (m oz)                              3.4

         Average reserve grade (g/t)                       2.5

         Measured & Indicated resource (m oz)              0.5

         Inferred resource (m oz)                          0.7

         Est. LOM (years)                                  18

         Estimated average production (k oz/yr)            170

         2011 exploration budget                          $2M
Mexico
Cubiro & Colorada Areas
Cubiro Vein – Geology Map
Cubiro Vein – Mineralization 3D Model

      View Looking north-northeast (+/- 1.0 g/Au t grade shell over 2m width)
Cubiro Vein Longsection
         Contoured Au Intercepts (Approx. >2m @ + 0.3 g Au/t)
                       View Looking Northeast
Cubiro Vein – Mineralization 3D Model
Longsection View

                       Looking Northeast
                        December, 2010
Cubiro Vein – Mineralization 3D Model
        Cross Section View
Cross Section-16
(Showing Loc. of CB-09-015)                              Drillhole CB-09-015
200 meter Grid View Looking northeast   December, 2010    Assay Summary
Kittila Mine
Optimization Phase Bearing Significant Results

   2011
      Estimated production of 150,000oz Au at cash costs

       of $548/oz
      Expansion study to be reviewed Q3 2011


   2012-2015
      Estimated average annual production of 173,000oz

       Au at cash costs of $501/oz
   Exploration Focus
      Resource conversion, expansion below Suuri and

       Roura, and along strike


 Gold reserves (m oz)                       4.0
 Average reserve grade (g/t)                4.8
 Measured & Indicated resource (m oz)       1.4
 Inferred resource (m oz)                   0.6
 Est. LOM (years)                           22

 Estimated average production (k oz/yr)     150

 2011 exploration budget                   $16M
Kittila Mine - Longitudinal Section




                                             Section 37870 mN
                                                                ROU-10-026B
                                                                7.25 g/t Au / 10.0 m
                                                                6.46 g/t Au / 12.8 m
  ROU-10-024B
  3.85 g/t Au / 10.1 m


    ROU-10029
                                                                 ROU-10-026
    1.76 g/t Au / 2.1 m
                                                                 3.98 g/t Au / 17.2 m

                                                                 ROU-10-024
                          ROU-10029                              6.42 g/t Au / 4.9 m
                          2.68 g/t / 2.3 m
Kittila Mine


                            Tonnes,
                                            Au, g/t     Au, Moz.
                              Mt
Proven + Probable
                               26.0           4.8            4.0
Mineral Reserve*

Indicated Mineral
                               20.5           2.2            1.4
Resource

Inferred Mineral
                                5.2           3.4            0.6
Resource




                                        N




* Reserve and Resource calculation as of December 31, 2009
Kittila Mine – Underground Operation
Kittila – Geology Map
Kittila - Cross Section 37870 mN

                       North
                       Roura
                       Zone




                                     Central
ROU-10-026B                           Roura
7.25 g/t Au / 10.0 m
6.46 g/t Au / 12.8 m
                                       Zone
LaRonde – Canada
Increasing Gold Output in 2012
   2011
      Estimated production of 157,000oz Au at cash costs of

       $54/oz
   2012-2015
      Estimated average annual production of 290,000oz Au

       at cash costs of $381/oz
   Exploration Focus
      Additional potential at depth, to the East and to the

       West
      Tracing and potentially defining a gold resource at

       Ellison (appr. 2km west of LaRonde)

    Gold reserves (m oz)                              4.8
    Average reserve grade (g/t)                       4.4
    Measured & Indicated resource (m oz)              0.4
    Inferred resource (m oz)                          1.4
    Est. LOM (years)                                  13
    Estimated average production (k oz/yr)            324
    2011 exploration budget                           $4M
Abitibi Regional Map
Ellison-Bousquet- LaRonde – Exploration Targets 2011
Building from Strength

Doyon-Bousquet-LaRonde Mining Camp

             Aerial Photo Looking West


                                                   Mouska
                                     Doyon

LaRonde   Bousquet 1                 Bousquet 2
Puits 1
                                                    Laronde
                                                    PENNA



            LaRonde
            Puits 2
Bousquet Zone 5 - Surface View




                            Zone 5
                       Zone 4
                                                  Bousquet 2
                                 Zone 3 (mined)




                    Bousquet 1 shaft




 0            250
     meters
Bousquet Zone 5 Longsection - 2011 Program




                                                                                                         E
                                                                                                                 S10-02




                                                                                                       00
                                      Historical Pit Production (80’s) by Long Lac Mineral                       2.0 g/t Au over 49.7m (42 tw)




                                                                                                     69
                                      1.9 M tonnes @ 2.20 g/t Au => 124 000 ounces                               Incl. Zone 4 @ 2.9 g/t over 4.5m (3.8 tw)
                                                                                                                 And Zone 5 @ 2.2 g/t over 39.4m (33.5 tw)
                                                                           Surface


                                                                                                                     In progress
Mineral inventory                                                                       S10-07              S10-05
(0- 500 metres)                                                                      In progress   S10-03 S10-06
20.1 Mt @ 1.90 g/t =>1.2 M ounces
(Zone 5 only)                                                                                                                                  -250m
9.1 Mt @ 1.70 g/t =>0.5 M ounces                                                                   S10-01
(Other parallel zones incl. Zone 4)
                                                                                                   S10-04

                                                                                                                                              -450m




           Re-sampling program
           ±1500 samples (assays pending)
          Drilling 2010 (started Nov 30th 2010)
          2 082 m
          Drilling Program 2011 (0-500m)
          20 000m – 2 000 000 $
Surface

      Bousquet Zone 5                                                                                           n
                                                                                                                    Pi
                                                                                                                      t
                                                                                                              pe
                                                                                                            .O
                                                                                                          ox
                                                                                                     pr
                                                                                                   Ap

Cross Section 6900E


   S10-02                                                                                                           S10-02
   2.0 g/t Au over 49.7m (42 tw)
   Incl. Zone 4 @ 2.9 g/t over 4.5m (3.8 tw)
   and Zone 5 @ 2.2 g/t over 39.4m (33.5 tw)




                                                                                                                     S10-03
                                                                                                                     Assays pending
                                         -250m




                                                           ined out)




                                                                                 Zone 4
                                                                                          Zone 5
                                                 Zone 3 (m
                                                                                                          S10-01
                                                                                                          Assays pending




                                                                                                   S10-04
                                        -450m                                                      Logging in progress
LaRonde Exploration Targets – Budget 2011


Puits Bousquet I          Puits Bousquet II   Puits I          Puits Penna   Puits II




            3.8 / 5.4




                                                                                   In progress
                                                                                                               5 500m
            In progress
                                                                                                              863 500$




      4 250m                     3.0 / 14.3
                                                          2 800m                           TOTAL BUDGET 2011
     484 500$                    1.8 / 4.1               532 000$                                  12 550m
                                                 In progress
                                                                                             TOTAL : 2 157 773 $
    2010 Results
    2011 Targets
Abitibi Regional Map
Ellison Project - Longitudinale Section
Ellison Project - Longitudinal Section
Ellison Project


                  Drill Site




                               Camping Resort
Goldex – Canada
Strong Free Cash Flow Generator

    2011
       Estimated production of 185,000oz Au at cash costs of

        $349/oz
    2012-2015
       Estimated average annual production of 179,000oz Au

        at cash costs of $344/oz
    Exploration Focus
       Resource definition and expansion at D zone at depth,

        exploration to west, east and at depth


     Gold reserves (m oz)                      1.6
     Average reserve grade (g/t)               2.1
     Measured & Indicated resource (m
                                               0.0
     oz)
     Inferred resource (m oz)                  0.8
     Est. LOM (years)                           7
     Estimated average production (k
                                               168
     oz/yr)
     2011 exploration budget                   $6M
Goldex - 2011 Exploration Budget

                                                                              View Looking North
                           R-Zone
                          9 000m / 1M$


                                                               East of
M-Zone
                                                                GEZ                           38 Level
                                                            8 500 m / 0.9M$
S-Zone
               38 level
                                    GEZ

                                                                                              73 Level
                                                             E-Zone
                                                                                              84 Level

                                           D-Zone
                                         27 300m / 2.8M$
  Total 2011                             (spacing 60x60m)
                                                                                             105 Level
                                                                                1900 elev.
58,200m / 6M$
                                           D-Zone
                                         13 200m / 1.3M$                                     125 Level
                                         (spacing 90x90m)
Goldex




                                  76-003
                                  1.27 g/t Au / 60.0 m
    73-406
    2.07 g/t Au / 105.0 m


    73-403
    1.23 g/t Au / 151.5 m
    incl. 3.30 g/t Au / 31.5 m

    76-008
    1.88 g/t Au / 181.5 m
    Incl. 2.04 g/t Au / 165.0 m                          84-050
                                                         1.51 g/t Au / 121.5 m
    76-006
                                                         incl. 2.10 g/t Au / 30.0 m
    1.69 g/t Au / 216.0 m
                                                         incl. 2.68 g/t Au / 12.0 m
    incl.2.04 g/t Au / 70.5 m
                                                         incl. 2.16 g/t Au / 27.0 m
    incl. 2.06 g/t Au / 90.0 m

    73-402
    1.34 g/t Au / 96.0 m
    incl. 2.28 g/t Au / 51.0 m

    76-007
    0.92 g/t Au / 159.0 m
    incl. 2.13 g/t Au / 16.5 m
    incl. 2.21 g/t Au / 19.5 m
Goldex - Cross Section 6190E
Section 6040
Meliadine Project, Rankin Inlet, Nunavut
$129M – Three year exploration & development program underway


                                                               Tonnes            Grade (g/t)   Contained gold ounces


     Measured Resource                                     0.3 million                10.6          101,000 oz Au*

     Indicated Resource                                     13 million                  7.9        3,191,000 oz Au*

     Inferred Resource                                        8 million                 6.4        1,731,000 oz Au*




* As per Jan 12, 2010 technical report by Snowden Mineral Industry Consultants
Meliadine – Regional Geology Plan Map
Meliadine – Tiriganiaq Schematic Cross Section
Western Meliadine Property - Local Geology
Meliadine - 2010 Drilling
Meliadine Project Total Magnetic Field
Surface rock samples with assay results > 10g/t Au




      Surface rock sample locations
        10 km
Meliadine Project - Tiriganiaq Longitudinal Section


                          M10-1001
                          8.62 g/t Au / 19.3 m
                          incl.15.01 g/t Au / 8.2 m




   M10-940
   10.94 g/t Au / 7.0 m
Meliadine - 2010 Drilling
Meadowbank – Canada
Newest Mine - Largest Gold Producer Already

    2011
       Estimated production of 362,000oz Au at cash costs of

        $597/oz
    2012-2015
       Estimated average annual production of 399,000oz Au

        at cash costs of $511/oz
    Exploration Focus
       Focus on resource conversion and expansion of Vault,

        Goose South and Portage


     Gold reserves (m oz)                       3.7
     Average reserve grade (g/t)                3.5
     Measured & Indicated resource (m oz)       3.3
     Inferred resource (m oz)                   0.8
     Est. LOM (years)                           10
     Estimated average production (k oz/yr)     350
     2011 exploration budget                    $7M
Meadowbank Regional Geology Map




                                     PDF




                                               Vault



                                           Portage
                                          Goose Island
                                          Goose South




          Program                Metres        2011 Budget (‘000’s)
          Minesite Exploration   19,000              $7,373
          Regional Exploration   13,000              $4,029
          Total                  32,000             $11,402
Meadowbank Exploration Budget 2011
                         Vault – Resource Conversion

                         Vault Pit
                         Vault East
                         Vault South

                         Tern Lake Porphyry
                          Exploration

                         Far West Iron Formation

                         Goose South Extension



                        Minesite                2011 Budget
                                       Metres
                        Program                 (‘000’s)
                        Conversion     10,500   $3,814
                        Exploration    8,500    $3,559
                        Total          19,000   $7,373
Vault Cross Section 4675N
Goose South Cross Section 4300N




                                  5
Meadowbank – Aerial View

Coreinthe corner presentation

  • 1.
    CORE IN THE CORNER OFFICE The Agnico‐Eagle  Exploration Show and Tell 145 King Street East, Suite 400 January 6th and 7th Featuring core and geologists from key  projects: Suuri‐Roura Deep (Kittila),  Tiriganiaq‐F Zone (Meliadine), Westwood  (Ellison), D Zone (Goldex), Zone 5 (Bousquet),  Cubiro (Pinos Altos)
  • 3.
    Pinos Altos –Mexico Exploration Success Adding to Growth Opportunities  2011  Estimated production of 168,000oz Au at cash costs of $400/oz  Mascota: 31,000oz Au at cash costs of $439/oz  2012-2015  Estimated average annual production of 175,000oz Au at cash costs of $345/oz  Underground to account for majority of production  Mascota: 55,000oz Au at cash costs of $299/oz  Exploration Focus  Potential to develop satellite deposits (Cubiro, Sinter, San Eligio)  Focus on resource conversion, expansion of Pinos Altos zones, Reyna de Plata, Creston Mascota Gold reserves (m oz) 3.4 Average reserve grade (g/t) 2.5 Measured & Indicated resource (m oz) 0.5 Inferred resource (m oz) 0.7 Est. LOM (years) 18 Estimated average production (k oz/yr) 170 2011 exploration budget $2M
  • 4.
  • 5.
  • 6.
    Cubiro Vein –Geology Map
  • 7.
    Cubiro Vein –Mineralization 3D Model View Looking north-northeast (+/- 1.0 g/Au t grade shell over 2m width)
  • 8.
    Cubiro Vein Longsection Contoured Au Intercepts (Approx. >2m @ + 0.3 g Au/t) View Looking Northeast
  • 9.
    Cubiro Vein –Mineralization 3D Model Longsection View Looking Northeast December, 2010
  • 10.
    Cubiro Vein –Mineralization 3D Model Cross Section View Cross Section-16 (Showing Loc. of CB-09-015) Drillhole CB-09-015 200 meter Grid View Looking northeast December, 2010 Assay Summary
  • 12.
    Kittila Mine Optimization PhaseBearing Significant Results  2011  Estimated production of 150,000oz Au at cash costs of $548/oz  Expansion study to be reviewed Q3 2011  2012-2015  Estimated average annual production of 173,000oz Au at cash costs of $501/oz  Exploration Focus  Resource conversion, expansion below Suuri and Roura, and along strike Gold reserves (m oz) 4.0 Average reserve grade (g/t) 4.8 Measured & Indicated resource (m oz) 1.4 Inferred resource (m oz) 0.6 Est. LOM (years) 22 Estimated average production (k oz/yr) 150 2011 exploration budget $16M
  • 13.
    Kittila Mine -Longitudinal Section Section 37870 mN ROU-10-026B 7.25 g/t Au / 10.0 m 6.46 g/t Au / 12.8 m ROU-10-024B 3.85 g/t Au / 10.1 m ROU-10029 ROU-10-026 1.76 g/t Au / 2.1 m 3.98 g/t Au / 17.2 m ROU-10-024 ROU-10029 6.42 g/t Au / 4.9 m 2.68 g/t / 2.3 m
  • 14.
    Kittila Mine Tonnes, Au, g/t Au, Moz. Mt Proven + Probable 26.0 4.8 4.0 Mineral Reserve* Indicated Mineral 20.5 2.2 1.4 Resource Inferred Mineral 5.2 3.4 0.6 Resource N * Reserve and Resource calculation as of December 31, 2009
  • 15.
    Kittila Mine –Underground Operation
  • 16.
  • 17.
    Kittila - CrossSection 37870 mN North Roura Zone Central ROU-10-026B Roura 7.25 g/t Au / 10.0 m 6.46 g/t Au / 12.8 m Zone
  • 19.
    LaRonde – Canada IncreasingGold Output in 2012  2011  Estimated production of 157,000oz Au at cash costs of $54/oz  2012-2015  Estimated average annual production of 290,000oz Au at cash costs of $381/oz  Exploration Focus  Additional potential at depth, to the East and to the West  Tracing and potentially defining a gold resource at Ellison (appr. 2km west of LaRonde) Gold reserves (m oz) 4.8 Average reserve grade (g/t) 4.4 Measured & Indicated resource (m oz) 0.4 Inferred resource (m oz) 1.4 Est. LOM (years) 13 Estimated average production (k oz/yr) 324 2011 exploration budget $4M
  • 20.
  • 21.
    Ellison-Bousquet- LaRonde –Exploration Targets 2011
  • 22.
    Building from Strength Doyon-Bousquet-LaRondeMining Camp Aerial Photo Looking West Mouska Doyon LaRonde Bousquet 1 Bousquet 2 Puits 1 Laronde PENNA LaRonde Puits 2
  • 23.
    Bousquet Zone 5- Surface View Zone 5 Zone 4 Bousquet 2 Zone 3 (mined) Bousquet 1 shaft 0 250 meters
  • 24.
    Bousquet Zone 5Longsection - 2011 Program E S10-02 00 Historical Pit Production (80’s) by Long Lac Mineral 2.0 g/t Au over 49.7m (42 tw) 69 1.9 M tonnes @ 2.20 g/t Au => 124 000 ounces Incl. Zone 4 @ 2.9 g/t over 4.5m (3.8 tw) And Zone 5 @ 2.2 g/t over 39.4m (33.5 tw) Surface In progress Mineral inventory S10-07 S10-05 (0- 500 metres) In progress S10-03 S10-06 20.1 Mt @ 1.90 g/t =>1.2 M ounces (Zone 5 only) -250m 9.1 Mt @ 1.70 g/t =>0.5 M ounces S10-01 (Other parallel zones incl. Zone 4) S10-04 -450m Re-sampling program ±1500 samples (assays pending) Drilling 2010 (started Nov 30th 2010) 2 082 m Drilling Program 2011 (0-500m) 20 000m – 2 000 000 $
  • 25.
    Surface Bousquet Zone 5 n Pi t pe .O ox pr Ap Cross Section 6900E S10-02 S10-02 2.0 g/t Au over 49.7m (42 tw) Incl. Zone 4 @ 2.9 g/t over 4.5m (3.8 tw) and Zone 5 @ 2.2 g/t over 39.4m (33.5 tw) S10-03 Assays pending -250m ined out) Zone 4 Zone 5 Zone 3 (m S10-01 Assays pending S10-04 -450m Logging in progress
  • 26.
    LaRonde Exploration Targets– Budget 2011 Puits Bousquet I Puits Bousquet II Puits I Puits Penna Puits II 3.8 / 5.4 In progress 5 500m In progress 863 500$ 4 250m 3.0 / 14.3 2 800m TOTAL BUDGET 2011 484 500$ 1.8 / 4.1 532 000$ 12 550m In progress TOTAL : 2 157 773 $ 2010 Results 2011 Targets
  • 28.
  • 29.
    Ellison Project -Longitudinale Section
  • 30.
    Ellison Project -Longitudinal Section
  • 31.
    Ellison Project Drill Site Camping Resort
  • 33.
    Goldex – Canada StrongFree Cash Flow Generator  2011  Estimated production of 185,000oz Au at cash costs of $349/oz  2012-2015  Estimated average annual production of 179,000oz Au at cash costs of $344/oz  Exploration Focus  Resource definition and expansion at D zone at depth, exploration to west, east and at depth Gold reserves (m oz) 1.6 Average reserve grade (g/t) 2.1 Measured & Indicated resource (m 0.0 oz) Inferred resource (m oz) 0.8 Est. LOM (years) 7 Estimated average production (k 168 oz/yr) 2011 exploration budget $6M
  • 34.
    Goldex - 2011Exploration Budget View Looking North R-Zone 9 000m / 1M$ East of M-Zone GEZ 38 Level 8 500 m / 0.9M$ S-Zone 38 level GEZ 73 Level E-Zone 84 Level D-Zone 27 300m / 2.8M$ Total 2011 (spacing 60x60m) 105 Level 1900 elev. 58,200m / 6M$ D-Zone 13 200m / 1.3M$ 125 Level (spacing 90x90m)
  • 35.
    Goldex 76-003 1.27 g/t Au / 60.0 m 73-406 2.07 g/t Au / 105.0 m 73-403 1.23 g/t Au / 151.5 m incl. 3.30 g/t Au / 31.5 m 76-008 1.88 g/t Au / 181.5 m Incl. 2.04 g/t Au / 165.0 m 84-050 1.51 g/t Au / 121.5 m 76-006 incl. 2.10 g/t Au / 30.0 m 1.69 g/t Au / 216.0 m incl. 2.68 g/t Au / 12.0 m incl.2.04 g/t Au / 70.5 m incl. 2.16 g/t Au / 27.0 m incl. 2.06 g/t Au / 90.0 m 73-402 1.34 g/t Au / 96.0 m incl. 2.28 g/t Au / 51.0 m 76-007 0.92 g/t Au / 159.0 m incl. 2.13 g/t Au / 16.5 m incl. 2.21 g/t Au / 19.5 m
  • 36.
    Goldex - CrossSection 6190E
  • 37.
  • 39.
    Meliadine Project, RankinInlet, Nunavut $129M – Three year exploration & development program underway Tonnes Grade (g/t) Contained gold ounces Measured Resource 0.3 million 10.6 101,000 oz Au* Indicated Resource 13 million 7.9 3,191,000 oz Au* Inferred Resource 8 million 6.4 1,731,000 oz Au* * As per Jan 12, 2010 technical report by Snowden Mineral Industry Consultants
  • 40.
    Meliadine – RegionalGeology Plan Map
  • 41.
    Meliadine – TiriganiaqSchematic Cross Section
  • 42.
  • 43.
  • 44.
    Meliadine Project TotalMagnetic Field Surface rock samples with assay results > 10g/t Au Surface rock sample locations 10 km
  • 45.
    Meliadine Project -Tiriganiaq Longitudinal Section M10-1001 8.62 g/t Au / 19.3 m incl.15.01 g/t Au / 8.2 m M10-940 10.94 g/t Au / 7.0 m
  • 47.
  • 49.
    Meadowbank – Canada NewestMine - Largest Gold Producer Already  2011  Estimated production of 362,000oz Au at cash costs of $597/oz  2012-2015  Estimated average annual production of 399,000oz Au at cash costs of $511/oz  Exploration Focus  Focus on resource conversion and expansion of Vault, Goose South and Portage Gold reserves (m oz) 3.7 Average reserve grade (g/t) 3.5 Measured & Indicated resource (m oz) 3.3 Inferred resource (m oz) 0.8 Est. LOM (years) 10 Estimated average production (k oz/yr) 350 2011 exploration budget $7M
  • 50.
    Meadowbank Regional GeologyMap PDF Vault Portage Goose Island Goose South Program Metres 2011 Budget (‘000’s) Minesite Exploration 19,000 $7,373 Regional Exploration 13,000 $4,029 Total 32,000 $11,402
  • 51.
    Meadowbank Exploration Budget2011 Vault – Resource Conversion Vault Pit Vault East Vault South Tern Lake Porphyry Exploration Far West Iron Formation Goose South Extension Minesite 2011 Budget Metres Program (‘000’s) Conversion 10,500 $3,814 Exploration 8,500 $3,559 Total 19,000 $7,373
  • 52.
  • 53.
    Goose South CrossSection 4300N 5
  • 54.