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    gold investing

    IAMGOLD Reports Further High Grade Results from the Monster Lake Project, Quebec

    Written by Priscila Barrera
    |
    Jul. 06, 2017 09:33AM PST

    AMGOLD Corporation (“IAMGOLD” or the “Company”) today provided the remaining assay results from the winter 2017 drilling program completed at its Monster Lake joint venture project located 50 kilometres southwest of Chibougamau, Quebec, Canada.  The company is reporting the assay results from the final fourteen drill holes, totaling just over 5,400 metres, from a total of 25 …

    AMGOLD Corporation (“IAMGOLD” or the “Company”) today provided the remaining assay results from the winter 2017 drilling program completed at its Monster Lake joint venture project located 50 kilometres southwest of Chibougamau, Quebec, Canada.  The company is reporting the assay results from the final fourteen drill holes, totaling just over 5,400 metres, from a total of 25 diamond drill holes, totaling 10,657 metres, completed this past winter.
    As quoted in the press release:

    Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: “With all assay results now in hand from our winter campaign, we are working to revise the deposit model to better understand the resource potential of the Megane Zone.  Importantly, the drilling program has continued to identify new areas of gold mineralization along the main shear and associated with parallel structures, again reinforcing our view of the favourable potential for the discovery of additional mineralized zones.”

    Click here for the full text release

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