Slide 1: Analysts Tour Rosebel Mine
ROSEBEL GOLD MINES N.V. Analysts Tour Rosebel Mine Management Rosebel Suriname October 17, 2016 TSX: IMG NYSE: IAG
Slide 2: Welcome to Rosebel Gold Mines
IAMGOLD ROSEBEL GOLD MINES N.V. VVelcome to OWNERSHIP: a IAMGOLD =a REPUBLIC OF SURINAME BIS emoowering People, Zz c R A fe Extraordinary Performance a [J | 1|AMGOLD CORPORATION <o saknas GO TEDEE Rosca | WocaLe £IAMGOLD
Slide 3: Safety Briefing
Safety Briefing Rosebel Mine Location Evacuation procedure Personal protective equipment Sun and hydration Awareness while on site Zero Harm 3
Slide 4: Welcome to Rosebel Gold Mines
IAMGOLD ROSEBEL GOLD MINES N.V. VVelcome to OWNERSHIP: a IAMGOLD =a REPUBLIC OF SURINAME BIS emoowering People, Zz c R A fe Extraordinary Performance a [J | 1|AMGOLD CORPORATION <o saknas GO TEDEE Rosca | WocaLe £IAMGOLD
Slide 5: Introductions
Introductions IAMGOLD Executive Team Gord Stothart – COO Rosebel Management Team Suresh Kalathil – General Manager John Grignon – Mill Manager Rémon van de Paal – Controller Sharmila Jadnanansing – Legal & Corporate Affairs Manager Jerry Finisie – Sustainability Manager Ricardo Rojas – Mine Manager
Slide 6: Presentation Outline
Presentation Outline Safety at Rosebel General Highlights Performance Highlights Mine Operations Grade Reconciliation Mill Exploration Near Pit Regional Exploration 6
Slide 7: Cautionary Statement
Cautionary Statement All monetary amounts are in US dollars, unless otherwise indicated. 7
Slide 8: Safety at Rosebel
Safety at Rosebel Shalini Kesarsing Safety at Rosebel Slides 9 – 14 8
Slide 9: H&S Accomplishments 2016 YTD
H&S Accomplishments 2016 YTD Safety Achievements OHS Committee for Mine Ops + Mine Triple Zero in April & July (site wide) Technical Services operational > 6.9M worked man-hours LTA free Gap Analysis of Emergency 45% improvement in DART severity rate Management & Response Plan Approxim
Slide 10: DART & TRIR 2016 YTD
DART & TRIR 2016 YTD 1.60 1.42 1.40 1.20 1.00 0.79 0.80 0.75 0.60 0.60 0.44 0.46 0.40 0.39 0.29 0.20 0.00 Q1 Q2 Q3 Q4 DART Rate TRI Rate DART Target TRIR Target 10 10
Slide 11: DART & TRIR Trend: 2011 – 2016
DART & TRIR Trend: 2011 – 2016 1.20 1.03 1.00 0.86 0.85 0.86 0.81 0.80 0.70 0.64 0.60 0.56 0.490.51 0.44 0.46 0.46 0.43 0.40 0.40 0.45 0.41 0.39 0.39 0.36 0.20 0.00 2012 (A) 2013 (A) 2014(A) 2015 (A) 2016 (A) DART Rate TRI Rate DART Target TRIR Target 11
Slide 12: DART Severity Rate
DART Severity Rate 50 45 40 35 30 25 22.62 20 17.58 20.28 17.24 17.59 15 13.24 10 11.78 12.04 5 0 0.00 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2015 2016 12
Slide 13: Safety Day – June 2016
Safety Day – June 2016 Engagement with the workforce Promotion H&S department objectives Safety Awareness 54% more participation compared to 2015 13
Slide 14: Emergency Response Gap Analysis – Aug. 2016
Emergency Response Gap Analysis – Aug. 2016 14
Slide 15: General Highlights
General Highlights Suresh Kalathil General Highlights Slides 16 – 21 15
Slide 16: Operations Layout
Operations Layout 692500 695000 697500 700000 702500 705000 707500 570000 567500 565000 562500 560000 692500 700000
Slide 17: Objectives
Objectives Focussing on ZERO HARM, Empowering People, Operational Excellence and building on Stakeholder Relations to maximize operating margin Making the transition from Continuous Improvement to sustainable Business Excellence Step-change innovation – Significant departure from business-as-u
Slide 18: Budget 2016: Objectives
Budget 2016: Objectives To safely achieve 2016 Business Plan by producing 300 – 310k/oz gold at an AISC $1,096/oz, treating 11 Mt of ore and mining 63 Mt of Waste + Ore Key Drivers Zero Harm (HSS) Availability & Utilization Production Levels Efficiencies – OEE Costs of production Pro
Slide 19: Strategic Imperatives and Implications
Strategic Imperatives and Implications Strategic Imperatives Implications 1. Engineered Stockpile 1. Stable process parameters and plant performance 2. Reverse Circulation Drilling 2. Reduce per Unit Operating Cost 3. Mill Optimization initiatives 3. Reduce grade variation and increase confidence a.
Slide 20: Key Enablers
Key Enablers WTW & SIX SIGMA tools driven improvement engines across all Strategic Business Units Internal process Structured review of high impact projects Improving technology to make the operation “Best in Class” Compliances to safety and environmental norms High motivation and morale o
Slide 21: Disciplined Approach Going Forward
Disciplined Approach Going Forward Focus on economic returns Return on capital is the main criteria for investment decisions Cost containment Focus on managing costs in the current gold price environment Innovation Apply innovation where possible to generate superior return Positioning
Slide 22: Performance Highlights
Performance Highlights Rémon van de Paal Performance Highlights Slides 21 – 33 22
Slide 23: Rosebel's Transformation
Rosebel’s Transformation AISC-trend Rosebel Gold Mines N.V. 1,691 1,604 1,669 1,525 1,407 1,338 1,332 1,316 1,411 1,245 1,200 1,207 1,266 1,250 1,250 1,250 1,250 1,250 1,165 1,185 1,096 1,063 1,045 1,054 1,023 995 964 884 During 2011/2012, when gold was at $1,700+, and everyone Gold average expected
Slide 24: Realized 2015 AISC vs Budget 2016 AISC
Realized 2015 AISC vs Budget 2016 AISC Labour 46 Maintenance parts 94 - 207 Fuel 172 196 Support Power 41 185 Contractors 111 54 103 Cyanide 22 (2) Explosives 30 52 Freight 29 96 112 24 Grinding Media 53 27 60 40 24 Tires 67 38 82 87 43 Other Consumables 93 78 Other Realized 2015: $1,165 Sustaining
Slide 25: Accomplishments
Accomplishments Reduce AISC from > $1,500 to < $1,100/oz (like for like) Create the foundation for long-term future Productivity improvements through Business Excellence Workforce rationalization -10% reduction Collective Labor Agreement to create goal alignment Debottlenecking of the pl
Slide 26: Priorities
Priorities Mine Operations optimization Mill throughput model optimization Grade control Covert to 8 meter benches, rather than 5/6m Six sigma implementation Workforce and community engagement Exploration Near Mine: Saddles, East Roma Regional Exploration: Saramacca, Sarafina, Over
Slide 27: Continued Reduction Mine Costs: 15% below 2013/2014
Continued Reduction Mine Costs: 15% below 2013/2014 Continued reduction in mining costs by approx. $0.28/t Almost $0.20/t of reduction due to lower fuel costs Partly offset by +$0.15/t due to RC Drilling $0.23/t improvement due to productivity initiatives 27
Slide 28: Workforce Rationalization
Workforce Rationalization Tonnes mined (M) Number of Employees 1,400 80.0 1,200 70.0 61.8 63.5 63.6 61.4 53.1 57.2 60.0 1,000 990 973 50.0 983 937 800 825 40.0 600 696 459 492 487 460 426 449 30.0 400 20.0 200 10.0 74 74 65 70 50 43 0 - 2011A 2012A 2013A 2014A 2015A 2016A Sept Hourly Staff Expat Ton
Slide 29: Cost Optimization
Cost Optimization Avg. Tire hours 2012 - 2016 YTD Cost reductions across 6,000 5,408 Operations including why is Sustaining Capital declining Tire life (hours) 4,639 4,749 5,000 4,239 4,137 3,759 3,520 3,756 Tire life 4,000 3,167 3,000 Powder factor 2,000 2012 2013 2014 2015 2016 Cyanide con
Slide 30: Mine Production
Mine Production 80.0 4.00 70.0 3.50 61.4 61.8 63.5 63.6 60.0 57.2 3.00 53.1 Mine production Mtpa 50.0 2.50 40.0 2.00 30.0 1.50 20.0 1.00 10.0 0.50 0.0 - 2011A 2012A 2013A 2014A 2015A 2016F Soft rock (Mtpa) 19.8 24.9 33.3 21.9 23.9 11.0 Trans rock (Mtpa) 26.0 22.3 17.8 20.1 21.8 22.6 Hard rock (Mtpa)
Slide 31: Mill Production
Mill Production 14.0 7 12.8 12.3 13.1 12.3 12.7 12.1 12.0 6 10.0 5 8.0 4 6.0 3 Kt 4.0 2 2.0 1 0.0 0 2011A 2012A 2013A 2014 2015A 2016F Soft Rock 3.8 3.9 5.2 4.9 3.1 2.2 Transitional Rock 6.5 6.3 4.1 4.3 5.5 5.6 Hardrock 1.7 2.6 3.0 3.8 3.7 5.0 Total Processed 12.1 12.8 12.3 13.1 12.3 12.7 Milling Co
Slide 32: Operating Cost Trend
Operating Cost Trend 350.0 7 300.0 273 278 6 252 252 243 250.0 227 5 $/Tn milled or mined 200.0 4 150.0 3 $M 100.0 2 50.0 1 - 0 2011A 2012A 2013A 2014A 2015A 2016F G&A Cost 32.3 36.1 41.3 31.7 29.9 25.2 Power Cost 35.9 39.1 22.8 32.9 24.7 26.5 Milling Cost 51.2 55.2 65.3 64.4 60.8 58.9 Mining Cost 1
Slide 33: Capital Costs
Capital Costs 160.0 Milestone 1 – Milestone 3 – Milestone 4 – 2012/2013: Solar plant and 2014/2015: Ball Mill 3: $47M TSF expansion 8 777 HTs, 2 6030 LU’s 140.0 6 MD6290 Drills, 6 D9’s 120.0 Milestone 5 – Secondary 100.0 crusher: $14M 80.0 60.0 40.0 Milestone 2 – 2012/2013: 18 785 HTs, 3 6030 LU’s 2
Slide 34: Mine Operations
Mine Operations Suresh Kalathil Mine Operations Slides 35 – 42 34
Slide 35: Approach: Value Chain Optimization
Approach: Value Chain Optimization MINE – Supplier MILL – Customer More Ounces Higher Throughput Increased Recovery Cost Management Drill & Blast Primary Crusher Load & Haul SAG Mill Mine Maintenance Ball Mill Mine Services 35
Slide 36: We Tjaring Waka – Optimization Initiative
We Tjaring Waka (we do it now) – Optimization Initiative Objective Improve productivity, lower costs and position Rosebel for a longer and healthier operating mine life 36
Slide 37: We Tjaring Waka Productivity Improvement
We Tjaring Waka Productivity Improvement Improve productivity, lower costs and position RGM for a longer and healthier operating Mine Life Removing operating barriers Improving communication within and between departments Reducing the causes of lost time to improve productivity Optimizing
Slide 38: Tonnes Mined – June YTD
Tonnes Mined – June YTD 7 Tonnes Mined 35 Millions Millions 6 30 5 25 4 20 3 15 2 10 1 5 - - Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Waste Mined (t) Ore Mined (t) Budget Tonnes Cum. Actual tonnes Mined Cum. Budget tonnes Compared to Budget – 2016 Ore mined: 37% above Loading Unit productivity
Slide 39: Drilling (2015 – June 2016 YTD)
Drilling (2015 – June 2016 YTD) Pattern sequencing and equipment scheduling resulted in 6% reduction in total delay 7.6% improvement in drill productivities compared to H1-2015 Productivities 5% above the budget 2016 8% reduction in average loading time compared to H1 - 2015 39
Slide 40: Drill & Blast (2015 – June 2016 YTD)
Drill & Blast (2015 – June 2016 YTD) Total tonnes blasted:10% above budget 2016 Optimization of Drill & Blast designs to obtain higher yield/meter without compromising post blast results Powder Factor (Kg/Tonnes) 0.350 0.330 0.310 0.290 Powder factor, 23% below budget 0.270 0.336 0.333 0.250 2
Slide 41: Mine Operations Cost (2015 – June 2016 YTD)
Mine Operations Cost (2015 – June 2016 YTD) $0.40 Total Blasting Cost ($/T) 29% reduction in blasting cost compared to budget $0.35 Cost Management Initiatives includes $0.30 Selective pattern expansion with optimized drill & blast design. $0.37 $0.36 $0.34 QA/QC in D&B processes $0.34 $0.32
Slide 42: Mine Operations Cost (2015 – June 2016 YTD)
Mine Operations Cost (2015 – June 2016 YTD) $0.14 Loading ($/Tonnes Moved) 30% reduction in average loading $0.12 cost compared to H1-2015 $0.10 Major contributors includes $0.08 $0.13 Higher loading unit $0.12 $0.11 productivities $0.11 $0.11 $0.06 $0.10 $0.09 $0.09 $0.09 $0.08 $0.08 $0.08 $0
Slide 43: Grade Reconciliation
Grade Reconciliation Suresh Kalathil Grade Reconciliation Slides 44 – 47 43
Slide 44: Gold from Hard Rock: 2013 to present
Gold (Au) from Hard Rock: 2013 to present Negative variance between mill and mine became pronounced in 3rd Qtr.-2013 Stabilization in H2-2014 May 2015 (ROM stockpile & increased BMM usage) = improvement & stabilization 44
Slide 45: Reconciliation – YTD
Reconciliation – YTD F1: Reserves (undiluted) vs designed ore packets (diluted) F1.5: Designed ore packets vs mine production to mill F2: Mill feed vs Mill reported F3: Reserves (undiluted) vs Mill reported (diluted) Reconciliation factors Summary - Total Material YTD 2016 f1 f 1.5 f2 Tonnes
Slide 46: Dilution Management Methodologies
Dilution Management Methodologies BMM + Standup blast Blast design and requirements Segregation are decided by size and shape of ore packets Uniform movement along the strike Reduce movement in ore shots Segregation of ore from Waste Ore Irregular shape ore bodies using blast movement moni
Slide 47: Wenco High Precision Positioning & Guidance
Wenco High Precision Positioning & Guidance Bench Manager + Arm Geometry System Precise, accurate positioning of bucket for automated declaration of material, real time face & floor survey, control of digging accuracy 47
Slide 48: Mill
Mill John Grignon Mill Slides 49 – 64 48
Slide 49: Mill process flow diagram
SAG mill To trash screen Unloading station Primary grinding 30’ x 13’ 7,500 HP Secondary grinding Soft ore Cyclones Gravity From gravity tails Ball mill Hopper Concentrator Chutes 16.5’ x 27’ 50’’ 4,500 HP To gold room Primary Crusher Pebble crusher Stacker 1 Reclaim tunnel with Seconda 2 Apron feed
Slide 50: Historical Data – Mill Production
Historical Data – Mill Production Mill Throughput (Mtpa) 2004 - 2025 14 12 INCREASING HARD ROCK 10 8 6 4 2 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016F 2017B 2018B 2019B 2020B 2021B 2022B 2023B 2024B 2025B Budget MT 4.56 6.21 7.13 8.10 7.64 10.00 11.57 12.06 12.75 12.49 12.66
Slide 51: Mill Availability and Recovery
Performance Highlights 98% Mill Recovery Continued emphasis on acid 97% wash, elution performance, 96% gravity optimization and Mill Recovery 95% carbon handling is seeing 94% benefits 93% 92% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec We Tjaring Waka” initiative, 2015 2016 Forecast Budget
Slide 52: 2016 Costs
2016 Costs 8.00 Mill Total Costs ($/tonne) Key Drivers 7.00 Grinding media -$1.2M, 6.00 increased mill loads Costs ($/tonne) 5.00 4.00 Freight +$184K, reduced 3.00 media / rates 2.00 1.00 0.00 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2015 2016 Forecast Budget 3.50 Power Costs ($/tonne m
Slide 53: Carbon Handling – Elution / Acid Wash Optimization
Carbon Handling – Elution / Acid Wash Optimization Audit Action Item Complete Elution Optimize elution efficiency including, Cycle time – 1.7 strips / day to 2.0 strips / day : COMPLETE Acid Wash Optimize wash efficiency through reagent mix protocols : COMPLETE Acid wash cycle and flush
Slide 54: Key Opportunities – Solid / Solution Losses
Key Opportunities – Solid / Solution Losses Process Solid Losses (Au g/t) Process Solution Losses (Au g/t) 0.070 0.140 0.060 0.120 0.050 0.100 0.040 0.080 0.030 0.060 0.020 0.040 0.010 0.020 0.000 0.000 Jun-14 Nov-14 Dec-14 Jun-15 Nov-15 Dec-15 Jun-16 Jun-14 Nov-14 Dec-14 Jun-15 Nov-15 Dec-15 Jun-16
Slide 55: Key Opportunities – SAG Powerflex Drive / 30 Row Shell
Key Opportunities – SAG Powerflex Drive / 30 Row Shell SAG average kW % Hard Rock 50% 6000 POWERFLEX 30 ROW SHELL 45% ALLUVIAL FEED POWERFLEX ALLUVIAL FEED 40% 5500 35% PC OFF 30 ROW SHELL 5000 30% 25% GE LCI Drive GE LCI Drive HIGH 4500 HIGH TRANS RATIO TRANS 20% RATIO 13-Apr 20-Apr 27-Apr 1-Jun 8-
Slide 56: 2014 – 2016 Performance – Carbon – Elution / Acid Wash
2014 – 2016 Performance – Carbon – Elution / Acid Wash Late 2013 seen deteriorating conditions with high carbon calcium loading (8%) resulting in CIL solution losses rising above 0.140g/t. In house initiatives including Acid wash optimization – multiple batch soakings with fresh reagent Elutio
Slide 57: 2016 Achievements
2016 Achievements 94% overall plant availability 94 % recovery. Cyanide addition strategy and feed management being the contributors Costs: the Mill has seen significant forecast cost reductions for 2016 including Grinding media – $2M – continued focus on expert system optimization and secon
Slide 58: Mill Laboratory – Opportunities / Innovation
Mill Laboratory – Opportunities / Innovation PAL Improved sample representation Increased sample size for processing 300g vs 30g fire assay Reduced analytical costs, $1.00/determination vs fire assay $3.00/determination Single PAL machine 416/ determinations/day with current (3) PAL machin
Slide 59: Mill Opportunities – Innovation
Mill Opportunities – Innovation COMMINUTION OPTIMIZATION September 2015 – media change initiated May 2016 – SAG 30 row installed Phase 1A 40 ROWS OF LIFTERS 30 ROWS OF LIFTERS Grinding Media Lifter gap = 490 mm SAG move from 125mm to 140mm Lifter gap = 250 mm Bucket volume = 0.54 m3 Ball
Slide 60: Mill Opportunities - Innovation
Mill Opportunities - Innovation SECONDARY CRUSHING December 2016 – 7’ in service 60
Slide 61: 2016 Key Opportunities – Phase 1 Summary
2016 Key Opportunities – Phase 1 Summary Base case - 1SAG + 3BM LCI Drive 6.9Mtpa at 90% Hard Rock PowerFlex – Increased torque = +5% HR 7.5Mtpa at 90% Hard Rock – March 2016 30 row SAG shell liner installation = +5% 8.0Mtpa at 90% Hard Rock – May 2016 Secondary Crusher installation =
Slide 62: Mill 2016 Opportunities – Innovation
Mill 2016 Opportunities – Innovation SECOND STAGE PEBBLE CRUSHING January 2018 – 2nd pebble crusher installed Phase 2 Pebble crusher optimization to be determined following operation with phase 1 complete Pebble Crush #1 CV6 Maintain current installation Increase capacity with single stage cru
Slide 63: Mill 2017 Opportunities – Innovation
Mill 2017 Opportunities – Innovation TERTIARY GRINDING June 2018 Phase 3 Convert secondary grinding to include tertiary grinding Ball Mill 1 SAG discharge to Ball Mill 3 Ball Mill 3 to Ball Mills 1 & 2 Trash Screen Ball Mill 2 SAG CV3 Thickener Ball Mill 3 63
Slide 64: Comminution Optimization – Phase 1, 2, 3
Comminution Optimization – Phase 1, 2, 3 POTENTIAL GAINS 20 % increase in hard rock capacity – 9Mtpa at 90% HR vs 7.5Mtpa >5% reduction in media consumption >5% reduction in cyanided consumption = reduced unit costs = reduced unit power consumption = increased gold production 64
Slide 65: Exploration
Exploration Ian Stockton Exploration Slides 66 – 90 65
Slide 66: Cautionary Statement
Cautionary Statement Exploration target potential referred to in this presentation is conceptual in nature and insufficient exploration work has been completed to define a mineral resource. The targets will require significant future exploration to advance to a resource stage and there can be no cer
Slide 67: Pangea Greenstone Belt
Pangea Greenstone Belt Caution: non NI43-101 compliant resource endowment 67
Slide 68: Geology of Suriname
Geology of Suriname Tertiary and Younger sediments Merian Rosebel Lower Proterozoic Greenstone sediments and volcanisc Middle-Upper Middle Proterozoic Proterozoic Intrusives and Intrusives metamorphics 68
Slide 69: Exploration Pipeline
Exploration Pipeline RGM exploration Concession RGM Option Agreement Gross Rosebel Exploitation Concession Near mine exploration – Several exploration targets in and around Overman – Existing inferred resource current pits. Drilling ongoing and of 8.2 Mt @ 1.0g/t Au – 276koz planned in 2017 (Decembe
Slide 70: Near Pit
Near Pit Near Pit Slides 71 – 78 70
Slide 71: Rosebel Exploitation Concession
Rosebel Exploitation Concession RESERVES MINED TO END OF 2015 RESERVES REMAINING AT END OF 2015 PIT TONNES (K) GRADE OUNCES (K) PIT TONNES (K) GRADE OUNCES (K) PAYCARO/EPC 29,873 1.3 1,247 PAYCARO/EPC 17,033 1.21 661 KOOLHOVEN 20,598 0.95 630 KOOLHOVEN 5,655 1.01 183 JZONE 4,541 0.78 114 JZONE 5,929
Slide 72: Near Pit Exploration – North Trend
North trend Near Pit Exploration – North Trend Koolhoven J-Zone West Apex area Exploration target direct and indirect ounces P1 J-Zone East West Pay Caro Pay Caro 1km 2 Moz Au mined to date East Pay Caro Caution: All exploration targets East Pay Caro saddle: are conceptual in nature Exploration targ
Slide 73: Near Pit Exploration – South Trend
South trend Near Pit Exploration – South Trend 1 km Roma: Exploration target Royal Hill: Exploration target P2 P2 Advanced Project Inactive Pit Pit in production Rosebel in-pit exploration Saddle and extensions: Exploration 1 km 2 Caution: All exploration targets Target P3 are conceptual in nature 7
Slide 74: Near Pit Exploration – Royal Hill Pits
South trend Near Pit Exploration – Royal Hill Pits Royal Hill NW Royal Hill Reserve – 450koz @ 1.1g/t Au (2015 R&R) Cross section Saddle exploration 400m Lateral targets Royal Hill SE Caution: All exploration targets are conceptual in nature 74
Slide 75: Near Pit Exploration – Royal Hill Cross Section
Section line Near Pit Exploration – Royal Hill Cross Section Looking East Existing pit Royal Hill NW Royal Hill SE Final pit Existing pit Final pit Saddle targets and extensions target: P2 Testing potential at depth in the saddle between the NW & SE pits; does the mineralization link-up? 400m Cautio
Slide 76: Near Pit Exploration – Roma Pits
Near Pit Exploration – Roma Pits Current drilling Recent drilling Roma West Pit Roma East Pit design Roma: Exploration target P2 South trend 1km Caution: All exploration targets are conceptual in nature 76
Slide 77: Near Pit Exploration – Roma East Resource
Near Pit Exploration – Roma East Resource Looking North Many ore grade mineralization intercepts below current ultimate pit bottom Current Pit design base 60m Red = >0.3g/t Au Open at depth Caution: All exploration targets are conceptual in nature 77
Slide 78: Near Pit Exploration – Rosebel Pit
Near Pit Exploration – Rosebel Pit RC grade control drilling has Rosebel in-pit exploration delineated stronger than modeled and extensions: Exploration ore zone in the internal saddle target P3 Rosebel Pit South trend Rosabella pit design; Closed spaced RC drilling for better 500m definition and po
Slide 79: Regional Exploration
Regional Exploration Regional Exploration Slides 80 – 90 79
Slide 80: Regional Exploration – Overman
Regional Exploration – Overman Overman –Existing inferred resource of 8.2 Mt 20km @ 1.0g/t Au – 276koz (2015 R&R) Ongoing studies through 2017 including metallurgy, infrastructure and permitting
Slide 81: Saramacca – Option Agreement
Saramacca – Option Agreement Initial Cash Payment USD$200,000 on signing Provides access to the property Staged Purchase Totaling USD$10 million and 3.125 million IAMGOLD shares Held in escrow and released over 3 x 1 year intervals Price Adjustment based on gold oz above 1.0 Moz outlined in In MI re
Slide 82: Saramacca Exploration Plan 2016
Saramacca Exploration Plan 2016 Data Package Environment Geophysics and geochemistry Base line soil sampling of artisanal pits reprocessed and interpreted commenced prior to drilling Various 3D deposits models created Base line water sampling commenced prior to drilling Additional targ
Slide 83: Geophysics and Geochemistry
Geophysics and Geochemistry Airborne Potassium Gold Geochemistry Tigri Tigri Anomaly M Anomaly M K- Anomaly 4km Gridded Au from DD and DA 0.5km K anomaly SW of mineralized trend SM_HR_MC_K indicative of hydrothermal alteration Caution: Exploration targets are conceptual in nature 83
Slide 84: Saramacca Model with Au Geochemistry
Saramacca Model with Au Geochemistry N No previous drilling Tigri footprint Anomaly M footprint Caution: Exploration targets are conceptual in nature 84
Slide 85: Saramacca – Planned drilling 2016
Saramacca – Planned drilling 2016 Historical Drilling 90 diamond drill holes (9,000m) 2016 Planned Drilling 54 DDH - infill holes (9,000 m) Footwall, hanging wall 77 RC - Exploration (9,000 m) and geochemical footprint RC drill pattern Historical Geochemistry Au ppm 100m x 50m diamond drill pattern
Slide 86: Saramacca Cross Section – 500NW
Saramacca Cross Section – 500NW GMDH-036 planned 12.00m at 7.54 Au g/t 12.00m at 8.22 Au g/t planned 11.65m at 0.69 g/t 16.97m at 2.66 Au g/t 21.53m at 0.89 Au g/t planned Saprolite = ~100m thick 50m 500NW Caution: Drill holes and assay results are previous explorers and cannot be considered NI43-10
Slide 87: Saramacca Cross Section – 1600NW
Saramacca Cross Section – 1600NW MA009 11.50m at 1.58 Au g/t 11.50m 6.00m at1.58 3.63Au Aug/t g/t planned planned Current IMG drill hole twinning GMDH013 GMDH-011 10.02m at 2.18 Au g/t 1600NW 24m @1.46g/t Au 50m Caution: Drill holes and assay results are previous explorers and cannot be considered N
Slide 88: Saramacca – 2016/2017
Saramacca – 2016/2017 Activity Q4 - 2016 Q1 - 2017 Q2 - 2017 Q3 - 2017 Q4 - 2017 Foot print drilling 100m x 50m Initial Resource Drilling Confirmatory drilling Estimate Infill drilling 50m x 50m Programs Validation drilling Additional exploration drilling Interpretation Assaying Environmental Studie
Slide 89: 2017 Exploration Time Lines
2017 Exploration Time Lines Concession Prospect Q1 Q2 Q3 Q4 South Trend Modelling/ studies Drilling Modelling/ studies Roma, Royal Hill, Rosebel Rosebel North Trend Drilling Modelling/ studies Drilling Modelling/ studies Kool. Pay Caro, J-Zone Drilling Modelling Drilling Saramacca Anomaly M Geophysi
Slide 90: Exploration Summary 2017
Exploration Summary 2017 Near Pit exploration Complete drilling programmes, modelling and mining studies on highly ranked targets Conceptual target range of 0.9 Moz to 1.7 Moz Au Saramacca Complete drill programmes targeting 0.5 to 1.5 Moz Au Continue various studies, modelling and resou
Slide 91: Thank You
THANK YOU Rosebel Gold Mines N.V. Legal and Corporate Affairs October 17, 2016 TSX: IMG NYSE: IAG