Infill and/or expansion drilling is planned depending on the updated resource estimate. Metallurgical tests and other engineering studies are also planned.
“The results today from Nelligan demonstrate the potential for expansion of what is a large-scale asset located in a great mining jurisdiction of Canada. Our current priority continues to be the safe and stable ramp up and growth of Côté Gold,” said Iamgold CEO Renaud Adams.
“While we look forward to the updated mineral resource estimate for Nelligan early next year to build off the current estimate of approximately 2 million indicated gold ounces and 4 million ounces of inferred mineral resources.”
Iamgold issued at the same time an updated resource estimate for its Monster Lake gold project, located 15 km north of Nelligan. The indicated resource is 239,000 tonnes averaging 11.0 g/t gold for 84,200 contained oz. The inferred resource is 1.1 million tonnes grading…
