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Project: | Diakha – Siribaya | |
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Deposit: | Diakha – Siribaya | |
Location: | Mali | |
Commodities: | Gold | |
Date: | 2/19/2019 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 19-2-2019: IAMGOLD Corp. announces a Resource Estimation report for its Diakha – Siribaya deposit at the Diakha – Siribaya project. Mineral resource update at project, 57% increase in resources. Toronto, Ontario, January 30, 2019 – IAMGOLD Corporation (“I | |
Resources: | (Resource): 18.0Mt @ 1.28g/t Au (Ind.) and 23.2Mt @ 1.58g/t Au (Inf.) | |
CP/QP: | [Resources]: Tudorel Ciuculescu (Roscoe Postle Associates Inc.) | |
ABSTRACT: | Toronto, Ontario, January 30, 2019 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today announced an updated Mineral Resource estimate on its 100% owned Diakha – Siribaya Gold Project, located in western Mali, West Africa. The estimate was completed in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument 43-101 (“NI 43-101”). The Mineral Resource estimate comprises 18.0 million tonnes of Indicated Resources averaging 1.28 grams of gold per tonne for 744,000 ounces and a further 23.2 million tonnes of Inferred Resources averaging 1.58 grams of gold per tonne for 1.2 million ounces. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: “Our delineation drilling program completed over the last two years has not only resulted in a significant increase in resource ounces, but a substantial conversion of Inferred Resources to an Indicated category. Our exploration success at Diakha, coupled with the recently announced results of our feasibility study across the border at our nearby Boto Gold Project in Senegal, continues to demonstrate the exploration upside of our very prospective land holdings in this region of West Africa. My congratulations are extended to the exploration teams on the ground for their outstanding discovery successes.” | |
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