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IAMGOLD reports remaining assay results

Published by
Global Mining Review,


IAMGOLD Corp. has recently announced remaining assay results from its 2020 exploration diamond drilling programme completed on the Lac Gamble Zone at the Rouyn Gold Project, optioned from Yorbeau Resources Inc. The project is located 4 km south of Rouyn-Noranda, Quebec, and approximately 45 km southwest of IAMGOLD's Westwood operation.

The company has reported assay results from the remaining 12 diamond drill holes, totaling 4062 m completed as part of the winter 2020 drilling programme. Drilling activities have also resumed on the Astoria area, located approximately 2 km east of the Lac Gamble zone, and assays will be reported when received, validated and compiled.

Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: "Despite the infill drilling programme being interrupted as a result of a suspension of activities due to the COVID-19 crisis, a significant part of the programme was successfully completed and I commend the efforts of the exploration team who adapted to these unique circumstances. With the results from the programme now in hand, we are working to update our deposit model to support a future initial resource estimate for the Lac Gamble zone. Drilling has also resumed at Astoria to assess the resource potential of this area."

The objective of the diamond drilling programme on the Lac Gamble Zone was to continue a systematic infill drilling programme at nominal 50 x 50 m drill centres in the upper part of the zone to support a future resource estimation. In addition, lateral extensions were also targeted to evaluate the potential to expand the zone. The programme was interrupted in March 2020 due to the suspension of all activities as directed by the government of Quebec in response to the COVID-19 crisis. As a result, several areas of the deposit remain to be systematically delineated and a further phase of drilling may be required and will be assessed for the next winter season.

The drilling programme successfully intersected the targeted sheared Cadillac-Piché corridor, which hosts the Lac Gamble mineralised zone. The zone is associated with alteration varying from several metres to greater than ten metres in width, exhibiting variable carbonatisation, fuchsite, silicification, crosscut by a network of white quartz and brown tourmaline stockwork veins and breccias. Gold mineralisation occurs as small specks of visible free gold associated with minor sulphides in quartz-tourmaline veinlets.

Next Steps

The implementation of COVID-19 safety protocols has permitted exploration drilling and field activities to resume after the temporarily suspension as directed by the Quebec government.

The remaining 2020 exploration programme is designed to evaluate selected exploration targets in the area of the historic Astoria deposit and adjacent targets with up to 5000 m of additional diamond drilling planned. The objective of the program is to assess the continuity of mineralisation for the potential to outline a resource. Assay results of this programme will be reported once they are all received, validated and compiled.

The assay results from the drilling programmes will be integrated with the existing geological, geochemical and structural information to support the development and refinement of a preliminary deposit model and the completion of a future mineral resource estimation of the Lac Gamble zone.

Read the article online at: https://www.globalminingreview.com/exploration-development/21082020/iamgold-reports-remaining-assay-results/

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