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IAMGOLD Corp.
Summary
| Project: | Monster Lake | |
|---|---|---|
| Deposit: | Monster Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-5-2017: IAMGOLD Corp. announces an Exploration/Drilling Update report for its Monster Lake deposit at the Monster Lake project. JV - drilling results incl. 4.85m @ 121.67g/t Au from 339.0m. Toronto, Ontario, May 11, 2017 – IAMGOLD Corporation (“IAMGOLD | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Marie-France Bugnon (Internal) | |
| ABSTRACT: | Toronto, Ontario, May 11, 2017 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today provided an update on the ongoing exploration program at its Monster Lake joint venture project located 50 kilometres southwest of Chibougamau, Quebec, Canada. The company is reporting assay results from the first eleven drill holes, totaling just over 5,100 metres, from a total of 24 diamond drill holes, totaling 10,657 metres, completed this past winter. The 2017 winter drilling program was designed to target high potential areas along the 3-kilometre trend of the Monster Lake Structural Corridor (“MLSC”) and associated shear zones to improve confidence and expand known zones of mineralization, including the recently discovered second zone located 200 to 400 metres to the north of the Megane Zone, as well as mineralization in a parallel lower shear zone. Structural patterns suggest the potential for additional mineralized shoots along this major corridor. The results from hole ML17-190 drilled in the new zone to the north of the Megane Zone confirm previous results in hole ML15-147 that intersected multiple mineralized shears and may indicate an extension of the zone. Two areas of mineralization were also intersected in the Lower Monster Lake Shear Zone in drill holes ML17-184 and 191 which will require further testing. Infill drilling in the Megane Zone positively demonstrated continuity of the very high grade nature of this lens where tested. Further results from this drilling program are pending and will be assessed when they are received, validated and compiled. | |
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