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IAMGOLD Corp.
Summary
| Project: | Nelligan | |
|---|---|---|
| Deposit: | Renard Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-8-2019: IAMGOLD Corp. announces an Exploration/Drilling Update report for its Renard Zone deposit at the Nelligan project. Drilling results incl. 123.70m @ 1.26g/t Au from 128.80m. Toronto, Ontario, August 13, 2019 – IAMGOLD Corporation (“IAMGOLD” or t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Marie-France Bugnon (Internal) | |
| ABSTRACT: | Toronto, Ontario, August 13, 2019 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today announced the remaining assay 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 the remaining twenty-eight (28) diamond drill holes totaling 10,558 metres completed as part of the 2019 drilling program. The assay results reported herein are provided in Table 1 below and include the following highlights (a drill hole plan map is attached to this news release). The 2019 diamond drilling program was designed to infill and test the continuity of the mineralized zones of the Renard mineralized system. The program specifically targeted the shallower part of this wide mineralized corridor to confirm and define its extension to the surface. Many of the holes intersected the expected zones of hydrothermal alteration associated with the mineralization, 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. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: “We are very pleased to have all of the 2019 drilling results in hand and we are now working to incorporate the new results into our deposit model to support the completion of a mineral resource estimate expected in the second half of the year. Once completed, this will mark an important milestone for the project and a significant achievement by our exploration team. It is also important to note that there is considerable potential to exp | |
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