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IAMGOLD Announced 2019 Drilling Program in Guinea

Mining News - Published on Mon, 07 Oct 2019

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IAMGOLD Corporation announced assay results from its 2019 drilling program on its wholly owned Karita project in North-Eastern Guinea. The project is strategically located along the prolific Senegal - Mali Shear Zone in West Africa, between the Company's Boto Gold Project in Senegal to the north, and its Diakha-Siribaya project in Mali to the south. The Company is reporting assay results from 16 reverse circulation drill holes totaling 1,839 metres completed as part of its 2019 exploration program. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, said that we are very pleased to announce these drilling results which confirms a new grassroots exploration discovery along this portion of the Senegal - Mali Shear Zone. As with our previous discoveries at the Boto Gold Project, located 8 kilometres to the north, and at the Diakha-Siribaya Project, located 3 kilometres to the south, we have intersected multiple, wide zones of mineralization within altered metasedimentary units. With now our third grassroots discovery we continue to highlight the outstanding exploration potential along this portion of the shear zone. Once again, I want to recognize the efforts of our exploration team in West Africa and congratulate them on their newest discovery.

The assay results reported herein are provided in Table1 below and include the following highligh:

2019 RC Drill results:
Drill hole KRC19-001: 13.0 metres grading 2.80 g/t Au
and 16.0 metres grading 2.41 g/t Au
includes 3.0 metres grading 9.84 g/t Au

Drill hole KRC19-006: 29.0 metres grading 2.96 g/t Au
includes 10.0 metres grading 3.52 g/t Au

Drill hole KRC19-009: 16.0 metres grading 3.17 g/t Au
includes 8.0 metres grading 5.61 g/t Au
and 32.0 metres grading 1.83 g/t Au

Drill hole KRC19-010: 22.0 metres grading 2.27 g/t Au
includes 5.0 metres grading 5.54 g/t Au

Drill hole KRC19-011: 21.0 metres grading 9.01 g/t Au
Includes 7.0 metres grading 25.67 g/t Au
and 7.0 metres grading 2.90 g/t Au

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Posted By : Rabi Wangkhem on Mon, 07 Oct 2019
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