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IAMGOLD Reports 2022 Attributable Reserves of 11.6 Million Ounces and Attributable M&I Resources of 24.1 Million Ounces
All amounts are in US dollars, unless otherwise indicated. Measured and indicated resources are...
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[{"type":"text","content":"IAMGOLD Reports 2022 Attributable Reserves of 11.6 Million Ounces and Attributable M&I Resources of 24.1 Million OuncesAll amounts are in US dollars, unless otherwise indicated.Measured and indicated resources are quoted inclusive of proven and probable reserves for all sites and projects.Toronto, Ontario--(Newsfile Corp. - February 16, 2023) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) (\"IAMGOLD\" or the \"Company\") announces its updated Mineral Reserves and Mineral Resources (\"MRMR\") statement as of December 31, 2022 prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (\"NI 43-101\"). A complete MRMR table (Table 6) including a detailed by-asset breakdown can be found at the end of this news release, with a summary of year over year changes as follows:TABLE 1: ATTRIBUTABLE MRMR COMPARISON SUMMARY20212022▲Tonnes(000s)Grade(g/t)Contained Ounces(000s)Tonnes(000s)Grade(g/t)Contained Ounces(000s)Contained Ounces (000s)%P&P reserves2364,8311.112,392317,1791.111,598-793-6%M&I resources1,3646,5221.122,103667,6741.124,137+2,035+9%Inferred resources3310,5331.111,085297,4941.09,393-1,693-15% M&I Mineral Resources are inclusive of Mineral Reserves.2022 Mineral Reserves estimated as of December 31, 2022, using a gold price of $1,300 per ounce for Essakane, Rosebel, Saramacca, Westwood and Cote Gold; and a gold price of $1,200 per ounce for the Boto Gold Project; and $1,350 per ounce for the Grand Duc satellite pit at Westwood; and $1,500 per ounce for the Fayolle satellite pit at Westwood. Mineral Resources estimated as of December 31, 2022, using a gold price of $1,500 per ounce for the Essakane, Rosebel, Saramacca, Côté Gold Project, Boto Gold Project, Diakha-Siribaya Gold Project, Nelligan, Monster Lake, Pitangui Project, Gossey deposit, and the Grand Duc and Fayolle satellite pits at Westwood; and $1,500 per ounce using a 6.2g/t (Ordinary Kriging) and 7.4g/t (Multiple Indicator Kriging) Au cut-off grade over a minimum width of 2.6 metres for Westwood.Mineral ReservesTABLE 2: ATTRIBUTABLE RESERVES RECONCILIATIONContained Ounces (000s)% ▲Reserves (December 31, 2021)12,392-   Revisions to economic parameters-343-3%   2022 mine depletion-580-5%   Adjustments to ore stockpiles-59 0%   Other ...