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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.


TSX:IMG - Post by User

Bullboard Posts
Post by garlandon Apr 17, 2020 2:14pm
172 Views
Post# 30923047

re crown jewel

re crown jewelluke555 If you go on to vsr bullboards you will see my numerous posts . Some go into great detail about this deposit Almost every mine in this greenstone belt starts with an open pit .I believe that the current pit shell will likely double in size but more importantlly there is the deep component ( ie. the goldex mine! ) This is where i see the real upside. Only one drill hole to date has gone to 520mtvd. Near the bottom of the hole it intersected 31.5m@2.75g/t (underground mineable grade ) right under the pit shell! This hole was NOT included in the 43-101 resource calculation!!! If you drill 20 holes  (to 600mtvd.) to the west for 1.5km, 10 holes under the pit shell and another 10 holes to the east for 1.0km (total distance3.0+km) and they hit -- just imagine how large this deposit can become! There should be 5 rigs drilling this property! Another feature of this greenstone belt is the gold grade gets higher and thicker with depth -(kirkland lake mine) .Best of all is the gold mineralization is in porous metasediments -stratigraghic sequences that by nature spread out and can be immense in size.IMG has so much more drilling to do .This type of deposit is RARE and imho will become a game changer for this region of Quebec! I also believe that there is probably to or three additional " nelligans  " hidden in the Druillette Syncline
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