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IAMGOLD Corp.
Summary
| Project: | Siribaya | |
|---|---|---|
| Deposit: | Diakha | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 1/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-1-2018: IAMGOLD Corp. announces an Exploration/Drilling Update report for its Diakha deposit at the Siribaya project. Drilling results incl. 18m @ 11.06g/t Au from 306m. TORONTO, January 31, 2018 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today | |
| Resources: | (Resource): 2.1Mt @ 1.9g/t Au (Ind) and 19.8Mt @ 1.71g/t Au (Inf) | |
| CP/QP: | [Overall Report]: Craig MacDougall (Internal) | |
| ABSTRACT: | TORONTO, January 31, 2018 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today provided results from its 2017 drilling program at the Diakha deposit on its wholly owned Siribaya project in Western Mali. In 2017, the Company completed a combined diamond and Reverse Circulation (“RC”) drilling program designed to infill and increase confidence in the current resource as well as target expansions of the Diakha deposit. Assay results are reported herein for 105 drill holes totaling 19,520 metres. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated, "we are very pleased with the results of our 2017 program which have not only better delineated high grade structures within the known resource, but have also confirmed extensions of the mineralization to both the north and south along strike beyond the current resource pit shell. These extensions have nearly doubled the strike length of the mineralized foot print and we continue to advance towards our objective of achieving a targeted resource threshold of 2 million ounces. About the Siribaya Project The Siribaya project is wholly owned by IAMGOLD and consists of 8 contiguous exploration permits covering a total area of 596.5 square kilometres, located in the Kédougou-Kéniéba inlier of the West African Craton region of western Mali along the borders with Senegal and Guinea. The project hosts current mineral resources comprising indicated resources totalling 2.1 million tonnes averaging 1.90 grams of gold per tonne for 129,000 ounces and inferred resources comprising 19.8 million tonnes averaging 1.71 grams of gold per tonne for 1.1 million ounces (see news release dated February 22, 2017). | |
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