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Project: | Nelligan | |
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Deposit: | Nelligan | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 5/30/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 30-5-2019: IAMGOLD Corp. announces an Exploration/Drilling Update report for its Nelligan deposit at the Nelligan project. Drilling results incl. 6.00m @ 56.49g/t Au from 182.00m. Toronto, Ontario, May 30, 2019 – IAMGOLD Corporation (“IAMGOLD” or the “Com | |
Resources: | x | |
CP/QP: | [Overall Report]: Marie-France Bugnon (Internal) | |
ABSTRACT: | Toronto, Ontario, May 30, 2019 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today announced initial results from its 2019 delineation diamond drilling program completed at its Nelligan joint venture project (IAMGOLD Corporation: 51%, Vanstar Mining Resources Inc. (“Vanstar”): 49%), located 60 kilometres southwest of Chibougamau, Quebec, Canada. The Company is reporting assay results from twenty-two (22) diamond drill holes totaling 6,970 metres completed as part of the 2019 drilling program. Results are pending from the remaining twenty-eight (28) drill holes, totaling 10,680 metres, and will be reported once they are received, validated and compiled. The 2019 diamond drilling program was designed to infill and further test continuity of the mineralized zones of the Renard mineralized system, located immediately north of the previously known Liam and Dan zones. It specifically targeted the shallower part of this wide mineralized corridor to confirm and define its limit closer to the surface. Most of the holes intersected the expected zones of hydrothermal alteration characterized by variable carbonatization, sericite, phlogopite and pervasive silicification affecting the hosting meta-sedimentary sequence. Associated mineralization consists of widespread disseminated pyrite, varying from 1% to locally 15%. Trace molybdenite and occasionally fine grains of visible gold are also observed. | |
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