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IAMGOLD Corp.
Summary
| Project: | Cote Gold | |
|---|---|---|
| Deposit: | Cote Gold | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/29/2020 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 29-6-2020: IAMGOLD Corp. announces an EIA/ESIA report for its Cote Gold deposit at the Cote Gold project. Federal approval for fish habitats and tailings management permit. Toronto, Ontario, June 29, 2020 - IAMGOLD Corporation (“IAMGOLD” or the “Company”) | |
| Resources: | ||
| CP/QP: | [Overall Report] L-B Denoncourt (Internal) | |
| ABSTRACT: | Toronto, Ontario, June 29, 2020 - IAMGOLD Corporation (“IAMGOLD” or the “Company”) confirms that it has received approval for its application under Section 36 of the Fisheries Act (Canada) for the Côté Gold Project (“Côté”, the “Project”), a key milestone in attaining permits relating to impacts on fish habitats and tailings management. Final publication of the amended Schedule 2 of the Metal and Diamond Mining Effluent Regulations is expected on July 8, 2020. Côté, located in northern Ontario, is a 70/30 Joint Venture (“JV”) with Sumitomo Metal Mining (“SMM”), demonstrating potential to produce 460,000 ounces of gold annually at low all-in sustaining costs of approximately $700 per ounce in the first six years of production with a 16-year mine life. The JV has been very active in de-risking the Project since the feasibility study (“FS”) was published in late 2018 (see news release dated November 1, 2018). As of the end of May 2020, the Company provides the following updates on the project: | |
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