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    gold-investing

    IAMGOLD reports high grade intersections from the ongoing delineation drilling program on the Saramacca project

    Jocelyn Aspa
    Mar. 29, 2017 09:43AM PST
    Precious Metals Investing

    IAMGOLD (TSX:IMG) has provided an update from its 2017 infill drilling program in progress at its Saramacca project in Suriname. As quoted in the press release: The assay intersections including capped composites and estimated true widths are provided in Table 1 and include the following highlights: (A drill hole plan map is attached to this …

    IAMGOLD (TSX:IMG) has provided an update from its 2017 infill drilling program in progress at its Saramacca project in Suriname.
    As quoted in the press release:

    The assay intersections including capped composites and estimated true widths are provided in Table 1 and include the following highlights: (A drill hole plan map is attached to this news release.)

    • SMDD17-077: 60.5 metres grading 40.91 g/t Au Including: 19.5 metres grading 75.91 g/t Au
    • SMDD17-084: 20.0 metres grading 4.26 g/t Au and 19.5 metres grading 9.66 g/t Au
    • SMDD17-068: 16.7 metres grading 9.93 g/t Au
    • SMDD17-091: 23.5 metres grading 7.41 g/t Au
    • SMDD17-074: 32.6 metres grading 4.05 g/t Au and 17.75 metres grading 6.65 g/t Au
    • SMDD17-085: 52.6 metres grading 5.33 g/t Au

    “These drill results exceed what we expected when we acquired the rights to the Saramacca property and lead us to believe that this deposit has the potential to create significant value for all stakeholders with a vested interest in the future of Rosebel, including our shareholders and the Government of Suriname,” said President and CEO of IAMGOLD Steve Letwin. “Initially we were attracted to Saramacca by the prospect of finding soft gold-bearing rock, and are pleased to see soft rock extending to depths of up to 100 metres. What is now becoming Saramacca’s most compelling feature is the high grades that we’ve intercepted to date. We intend to declare a resource this year which would then enable us to develop our plans to bring Saramacca into the mine feed as quickly as possible.”

    Click here to read the full press release.

    Source: www.iamgold.com

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