- IAMGOLD Corporation (IMG) continues to extend the mineralized system at the Côté Gold Project with drilling at the Gosselin zone
- Assay results are from 31 diamond drill holes totalling 11,735 metres
- These latest results have confirmed the presence of widespread gold mineralization
- Drilling is ongoing, with additional in-fill holes in progress across the property
- IAMGOLD is a mid-tier gold mining company operating in North America, South America and West Africa
- IAMGOLD Corporation (IMG) is up 2.78 per cent, trading at $2.96 per share
IAMGOLD Corporation (IMG) continues to extend the mineralized system at the Côté Gold Project in northeastern Ontario with drilling at the Gosselin zone.
2021 drilling has focused on resource delineation at the Gosselin zone, which is approximately 1.5 kilometres northeast of the Côté Gold construction project.
IAMGOLD is reporting assay results from an additional 31 diamond drill holes totalling 11,735 metres that were completed in 2021.
The holes were drilled from land-based drill platforms on the north and south shores of Three Ducks Lake, and also on lake ice and barge-based platforms directly on Three Ducks Lake.
These latest results have confirmed the presence of widespread gold mineralization, which has now been defined over a strike length of 1,400 metres, 400 metres wide, and 425 metres deep.
Drilling intersected high-grade gold in several holes, including one hole grading 7.83 g/t gold over 48.5 metres.
Craig MacDougall, IAMGOLD’s Executive VP of Growth, commented on the results.
“I want to acknowledge the tremendous effort of our exploration team to safely complete this logistically challenging drilling campaign, as well as our core shack technicians who processed and prepared large numbers of core samples to facilitate a timely submission for analysis,” he said.
“These additional drilling results,” he also said, “continue to demonstrate the continuity and strength of this wide mineralized system.”
Drilling is ongoing, with additional in-fill holes in progress across the property.
IAMGOLD is a mid-tier gold mining company operating in North America, South America and West Africa.
Within these regions, the company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects.
IAMGOLD Corporation (IMG) is up 2.78 per cent, trading at $2.96 per share as of 11:25 am ET.
