IAMGOLD Reports High Grade Gold at Monster Lake

Gold Investing

IAMGOLD Corporation (TSX:IMG) announced the assay results for the end of its 2014 exploration project at Monster Lake in Quebec revealed high grade gold and further target areas. The report covers the final 17 of 26 drill holes for a total of 8,233 meters completed.

IAMGOLD Corporation (TSX:IMG) announced the assay results for the end of its 2014 exploration project  at  Monster Lake  in Quebec revealed high grade gold and further target areas. The report covers the final 17 of 26 drill holes for a total of 8,233 meters completed.

Some of the highlights of the assay report are as follows:

325 – Megane Zone:

  • Drillhole ML14-130: 9.18 metres grading 46.33 g/t gold,
    • Includes: 2.2 metres grading 182.8 g/t gold
  • Drillhole ML14-131: 3.42 metres grading 18.68 g/t gold
  • Drillhole ML14-132: 7.1 metres grading 6.74 g/t gold

Craig MacDougall, senior vice president, exploration for IAMGOLD commented:

Our first exploration program completed in 2014 on this project has delivered encouraging results by successfully extending the high grade 325 – Megane zone at depth below previous drilling where it remains open.  In addition our exploration program has identified several new gold-bearing structures and a number of target areas for further exploration.

Click here to read the full IAMGOLD Corporation (TSX:IMG) press release.

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