Yamana gold announces positive development decision on its wholly-owned wasamac project based on positive results from several studies showing higher average daily throughput, increased mineral reserves, increased average annual production and strong, increased cash flows

Toronto, july 19, 2021 (globe newswire) -- yamana gold inc. (tsx: yri; nyse: auy; lse: auy) (“yamana” or “the company”) is pleased to announce the results of several studies on the company's wholly-owned wasamac project in the abitibi-tÉmiscamingue region of quebec, canada, intended to corroborate diligence reviews conducted by the company on its purchase of the wasamac project in early 2021 and update a historical feasibility study. these studies form the new feasibility level studies of the company and the baseline technical and financial aspects of the wasamac project that now underpin the decision to advance the project to production.
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