Drilling Underway On Augmitto – Cinderella Areas
IAMGOLD Corporation (TSX: IMG) continues to build a picture of the Lac Gamble zone at the Rouyn Gold project in Quebec with new assay results from its 2021 exploration diamond drilling programme.
The project is located four km south of Rouyn-Noranda and approximately 45 km southwest of IAMGOLD’s Westwood operation.
The company is reporting assay results from seven diamond drill holes, totalling 1,826m completed as part of the northern winter 2021 drilling programme.
Drilling activities are also currently progressing on the Augmitto and Cinderella areas, located approximately one to three kilometres west of the Lac Gamble zone, and results will be reported when received, validated and compiled.
Lac Gamble – Main Zone:
Drill hole GA-21-779: 7.7 metres grading 2.5 g/t Au includes: 4.7 metres grading 3.5 g/t Au
Drill hole GA-21-780: 5.0 metres grading 5.5 g/t Au
Drill hole GA-21-782:3.2 metres grading 16.1 g/t Au includes: 1.2 metres grading 40.6 g/t Au
Craig MacDougall, Executive Vice President, Growth, IAMGOLD, stated: “Our drilling programme at Lac Gamble earlier this year specifically targeted some selected areas for possible extensions, as well as to complete some initial geotechnical drill holes to assess rock quality in the context of a potential underground mining scenario.
“The results continue to strengthen our understanding of the deposit geology and geotechnical rock quality appears in line with our expectations from the initial assessment. Despite the recent challenges faced by a shortage of available drilling rigs in the region, we continue to make solid progress in our project evaluation.”
The diamond drilling programme on the Lac Gamble zone had two main objectives: 1) complete an initial geotechnical drilling campaign to collect preliminary data to assess rock quality of the host rock units with respect to an underground mining method; and, 2) test for potential extensions down plunge along the western boundary of the zone.
The geotechnical drill programme consisted of four holes for 720.5m and the data obtained appears to be in line with the anticipated geotechnical conditions to support a potential underground mining development scenario.
The expansion drilling programme targeted potential down-plunge extensions to the west for which three diamond drill holes totalling 1,105m were completed. Unfortunately, due to the late start of the drilling program caused by a regional lack of drill rig availability, a planned larger programme could not be completed during the optimal winter season.
All drill holes successfully intersected the targeted sheared Cadillac-Piché corridor, which hosts the mineralised Lac Gamble zone.
The ongoing global COVID-19 pandemic continues to impact the local availability of exploration services. However, exploration drilling has resumed at the Rouyn Project in June and a planned 9,000m diamond drilling programme is in progress to evaluate the resource potential of other selected targets, including the Cinderella and Augmitto areas located further west of the Lac Gamble zone and if timing permits to the east at the Astoria east zone.
The assay results from the drilling programs will be integrated with the existing geological, geochemical and structural information to support the development and refinement of preliminary deposit models on the property to support a future potential maiden resource estimate.
For further information please visit: https://www.iamgold.com/