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IAMGOLD Reports Remaining Assay Results from the 2020 Drilling Program and Confirms the Extension of the Renard System to the West at the Nelligan Gold Project, Quebec
Toronto, Ontario--(Newsfile Corp. - December 1, 2020) - IAMGOLD Corporation (TSX: IMG) (NYSE...
About this update from Iamgold Corporation
[{"type":"text","content":"IAMGOLD Reports Remaining Assay Results from the 2020 Drilling Program and Confirms the Extension of the Renard System to the West at the Nelligan Gold Project, QuebecToronto, Ontario--(Newsfile Corp. - December 1, 2020) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) (\"IAMGOLD\" or the \"Company\") announces remaining assay results from its 2020 exploration diamond drilling program at its Nelligan joint venture project (IAMGOLD: 75%, Vanstar Mining Resources Inc. (\"Vanstar\"): 25%), located 60 kilometres southwest of Chibougamau, Quebec, Canada. The Company is reporting assay results from the final seven (7) diamond drill holes totaling 2,602 metres completed as part of the summer 2020 drilling program. One hole was abandoned due to excessive deviation, while a second hole did not reach the expected Renard target zone due to mechanical issues. 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.)Renard West Zone:Drill hole NE-20-161: 27.0 metres grading 1.11 g/t Au and 36.1 metres grading 1.13 g/t Au and 22.1 metres grading 1.07 g/t AuDrill hole NE-20-164: 21.8 metres grading 2.00 g/t Au          includes: 4.5 metres grading 5.80 g/t Auand 23.2 metres grading 1.72 g/t Auincludes: 1.5 metres grading 6.81 g/t AuRenard Zone:Drill hole NE-20-159: 33.0 metres grading 0.99 g/t Au and 18.0 metres grading 1.55 g/t AuDrill hole NE-20-162: 17.3 metres grading 7.62 g/t Au (4.49 g/t when capped at 30 g/t)          includes: 1.5 metres grading 66.1 g/t Auand 42.0 metres grading 1.15 g/t Auand 15.6 metres grading 1.39 g/t AuLiam Zone:Drill hole NE-20-160: 8.5 metres grading 4.16 g/t Au          includes: 1.3 metres grading 19.8 g/t AuThe Nelligan Gold project (on a 100% basis) hosts Inferred Mineral Resources containing 3.2 million ounces of gold grading 1.02 g/t Au (see news releases dated October 22, 2019 and February 18, 2020). The 2020 diamond drilling program was designed to infill selected areas of the deposit as well as step-out at depth and along strike at the Renard Zone to evaluate the potential for resource extensions.Craig MacDougall, Executive Vice President, Growth for IAMGOLD, stated: \"These...