Slide 1: Saramacca NI 43-101 Maiden Mineral Resource Estimate
Saramacca NI 43-101 Maiden Mineral Resource Estimate September 6, 2017 STEVE LETWIN, PRESIDENT & CHIEF EXECUTIVE OFFICER GORDON STOTHART, EVP & CHIEF OPERATING OFFICER CRAIG MACDOUGALL, SVP, EXPLORATION Empowering People, Extraordinary Performance l TSX: IMG l NYSE: IAG l
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements
Slide 3: Qualified Persons & Technical Information
Qualified Persons & Technical Information The mineral resource estimate, including verification of the data disclosed, has been completed by SRK Consulting (Canada) Inc (“SRK”) and reported in accordance with NI 43-101 requirements and CIM Estimation Best Practice Guidelines. The resource estimate w
Slide 4: Steve Letwin: Transformation of Rosebel Continues
Steve Letwin Transformation of Rosebel Continues
Slide 5: Balanced Business Model
Balanced Business Model Short-Cycle Capacity Long-Cycle Capacity ROSEBEL MINE CÔTÉ GOLD PROJECT • SARAMACCA • JOINT-VENTURE • MINE PLAN OPTIMIZATION ESSAKANE MINE BOTO, PITANGUI, • HEAP LEACHING SIRIBAYA • FALAGOUNTOU • WHOLLY-OWNED EXPLORATION PROJECTS WESTWOOD MINE • PRODUCTION EASTERN BOROSI, RAM
Slide 6: Consolidating Prospective Land Packages Around Rosebel
Consolidating Prospective Land Packages Around Rosebel 6
Slide 7: Craig MacDougall: Saramacca's Mineral Resource Estimate and Exploration Highlights
Craig MacDougall Saramacca’s Mineral Resource Estimate and Exploration Highlights
Slide 8: 2016-2017 Drilling Highlights
2016-2017 Drilling Highlights SMDD17-133 45.4m grading 2.38g/t Au SMDD17-084 The Delineation Drilling Program: SM DD 20.0m grading 4.26g/t Au • 2,000m x 400m area SM 1 DD 7 -10 17 8 S -11 M DD SMDD17-130 1 46.5m grading 3.07g/t Au SM 17 - SM DD 1 00 DD SM 17 -1 SMDD17-074 17 S -11 M D D 2 7 32.6m gr
Slide 9: Deposit & Structural Setting
Deposit & Structural Setting 9
Slide 10: Saramacca Mineralization
Saramacca Mineralization Fault Zone N • Gold mineralization associated with a major brittle-ductile vertical fault zone located at the contact between massive and pillowed Pillowed Basalt basalt units • Multiple mineralized structures with main fault and associated sub parallel shear zone within cor
Slide 11: Typical Mineralized Sequence
Typical Mineralized Sequence 5.45 g/t Au /15.0m 0.03 g/t 0.66 g/t 1.99 g/t 9.62g/t 8.70 g/t 3.86 g/t 3.86 g/t 5.08 g/t 4.67 g/t 0.13 g/t 0.07 g/t Sharp Contact Amygdular Basalt Unaltered Pillow Hydrothermal Breccia Cataclasis breccia Basalt Sharp Contact VG 103.0m 108.7m 124.7m 125.3m 126.6m 112.1m
Slide 12: Resource Estimation Summary
Resource Estimation Summary Data base: 307 diamond & reverse circulation drill holes totaling 47,000 metres › IMG: 217 DD & RC holes totaling 37,700 metres (80% of total) › 32,250 assay intervals & 2,350 SG determinations Modelling: Wire frames created for dominant lithologies, mineralized struc
Slide 13: Mineral Resource Statement – Saramacca (as at August 28, 2017)
Mineral Resource Statement – Saramacca (as at August 28, 2017) Cut-off Grade Tonnage Grade Contained Au Category Weathering Zone (g/t Au) (‘000 t) (g/t Au) (koz) Laterite 0.25 2,372 1.20 91 Indicated Saprolite 0.25 5,573 2.43 436 Transition 0.35 2,526 2.17 176 Fresh 0.45 3,973 2.49 318 Total Indicat
Slide 14: Section 1700NW – Gold Grade Block Model vs Drill Intercepts
Section 1700NW – Gold Grade Block Model vs Drill Intercepts Gold in Surface Laterite/Duricrust Saprolite Surface Fault Zone HW Shear Zones Cross Section 100m (looking northwest) OPEN down Plunge (u/g potential) 14
Slide 15: Block Model with Interpolated Gold Grades
Block Model with Interpolated Gold Grades Continuous Envelope of lower grade mineralization along Fault Zone with Higher Grade “Shoots” SE NW Open Fault Zone SMDD16-47 Higher grade shoots presenting exploration Longitudinal Section targets at depth VG (looking northeast) 100m 15
Slide 16: Resources Constrained by Conceptual Pit
Resources Constrained by Conceptual Pit Pit Optimization Parameters N • Pit slopes: 30 – 45° (sap to fresh) • Metal Recoveries (%): 97 (lat/sap), 76 (trans), 82 (fresh) • Mining: 95% mining recovery, 5% dilution Optimized Pit Shell 16
Slide 17: Exploration Upside
Exploration Upside Location Map (combined Lidar) Rosebel North Trend Rosebel South Trend ROSEBEL MINE Headley’s Reef Concession Saramacca Gold Trend Sarafina Concession 25km Gold deposits Gold Showings Saramacca Concession Saramacca Deposit
Slide 18: Additional Exploration Targets
Additional Exploration Targets MODD14-06 Tigri prospect from 103: 10.5m @ 1.32g/t Au MODD14-02 MODD14-07 From 53.25: 12m @ 2.89 g/t Au From 117: 4.5m @ 3.07 g/t Au 18
Slide 19: Next Steps
Next Steps 1. Increase confidence in resource; convert Inferred to Indicated 2. Expand existing resource along known mineralized trends 3. Evaluate additional exploration targets 4. Complete remainder of 2017 drill program totaling ~20,000 metres 19
Slide 20: Gordon Stothart: Permitting & Development
Gordon Stothart Permitting & Development
Slide 21: Next Steps - Permitting
Next Steps - Permitting Target Objective Date Establish operative UJV agreement - Accounting manual Step - Power plan agreement Q4’17 1 - Ore transport and mill configuration studies Complete Environmental and Social Impact Study (ESIA) - Social baseline studies Step - Environmental management plans
Slide 22: Next Steps - Development
Next Steps - Development Mine Development • Infrastructure planning underway: › Ore transport options / transportation corridors › Waste rock disposal and stockpiles › Site roads and infrastructure › Infrastructure capital requirements Metallurgical Testing • Refine recovery assumptions • Test crush
Slide 23: Empowering People, Extraordinary Performance
Ken Chernin Laura Young Shae Frosst VP, Investor Relations Director, Investor Relations Associate, Investor Relations T: 416-360-4743 T: 416-933-4952 T: 416-933-4738 Empowering People, Extraordinary Performance l TSX: IMG l NYSE: IAG l