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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

Post by Luke555on Jan 05, 2025 4:39pm
176 Views
Post# 36389163

IAMGOLD: A Golden Opportunity in 2025

IAMGOLD: A Golden Opportunity in 2025

Spacedoc, I’m highly confident that IAMGOLD will announce stellar results for the year 2024 and even more so for the first quarter of 2025, including achieving their objective of 100% throughput mill production for the quarter.

The rise in both share price and gold price certainly adds to my optimism. In my opinion, as long as the gold price remains stable, there is a lot of upside for IAMGOLD. Let’s hope that the world mining analysts are correct in their prediction of a bullish case for gold in 2025.

Moreover, the company keeps increasing its ore reserve estimates for Westwood and Cote Gold. According to the company, the ongoing successful drilling programs for the exploration projects Gosselin and Nelligan continue to extend the geological mineralization of the ore bodies. With growing deposits and enviable exploration programs, the future of IAMGOLD looks tremendous.

Spacedoc, for the past couple of years, you’ve been obsessed with IAMGOLD buying out Northern Superior! I’m just curious, are you a big shareholder of Northern Superior?

Best wishes to everyone for a Healthy, Prosperous, and Happy New Year!

Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation, or suggestion to invest.

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