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IAMGOLD Announces Initial Drilling Results Testing the Underground Mining Potential at Its Saramacca Project, Suriname
Toronto, Ontario--(Newsfile Corp. - August 7, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGO...
About this update from Iamgold Corporation
[{"type":"text","content":"IAMGOLD Announces Initial Drilling Results Testing the Underground Mining Potential at Its Saramacca Project, SurinameToronto, Ontario--(Newsfile Corp. - August 7, 2019) - IAMGOLD Corporation (TSX: IMG) (\"IAMGOLD\" or the \"Company\") today announced results from an exploration drilling program completed on the Saramacca Joint Venture Project (the \"Saramacca Project\"), located 25 kilometres southwest of its Rosebel operation and 125 kilometres south of Paramaribo, Suriname. The Saramacca Project is a 70:30 joint venture between IAMGOLD's Rosebel Gold Mines N.V. (\"RGM\") and the Government of Suriname. The Company is reporting assay results from fifteen diamond drill holes totaling 9,843 meters completed to test the main fault corridor as part of its 2018 - 2019 exploration drilling program to evaluate the underground resource potential of the Saramacca deposit. Along with these results, the Company is highlighting assay results from seven diamond drill holes totaling 2,233 metres which were completed as part of previous drilling campaigns to support various technical studies relating to the Saramacca development. These latter drill holes pierce below the current Mineral Reserve design pit and are therefore considered relevant to the evaluation of potential underground mineral resources.The Company is also reporting results from twelve diamond and reverse circulation drill holes totaling 2,061 meters which intersected near surface mineralization on a secondary mineralized corridor to the northwest along strike of the Saramacca deposit. This area is being considered as a potential location for a portal for underground access. The assay results are provided in Tables 1 to 3 below and include the following highlights (drill hole longitudinal sections are attached to this news release):Saramacca Underground Potential: Drill hole SMD-0067: 21.0 metres grading 6.05 g/t Au                includes: 10.5 metres grading 9.72 g/t Au Drill hole SMD-0068: 19.5 metres grading 5.62 g/t Au Drill hole SMD-0069: 20.0 metres grading 5.77 g/t Au                includes: 4.5 metres grading 10.86 g/t Au Drill hole SMD-0071B: 22.7 metres grading 8.54 g/t Au       &#x...