Drilling Resumes On Lac Gamble Area
IAMGOLD Corporation (TSX: IMG) has received promising assay results from its 2020 exploration diamond drilling programme completed on the Astoria Target Area at the Rouyn Gold Project in Quebec.
The company reported assay results from 11 diamond drill holes, totalling 5,950m drilled on the Astoria area, located approximately one km east of the Lac Gamble Zone. Two drill holes were abandoned or did not reach the target zone due to excessive deviation.
Drilling highlights include:
Astoria Area – Upper Piché Zone:
- 2.0m grading 13.2 g/t Au
- 2.8m grading 7.5 g/t Au, including:0.8 metres grading 15.0 g/t Au
- 7.6m grading 9.7 g/t Au, including 2.0m grading 29.3 g/t Au
Astoria Area – Lower Piché Zone:
- 2.0m grading 7.6 g/t Au
- 11.1 metres grading 3.7 g/t Au, including1.0m grading 23.5 g/t Au
Astoria Area – Main Zone:
- 6.1m grading 3.4 g/t Au, including 3.0m grading 6.2 g/t Au
- 14.0m grading 3.4 g/t Au, including 7.0m grading 5.6 g/t Au
Executive Vice President, Craig MacDougall, said the completion of this programme has provided important information to assess the potential of the historic Astoria deposit.
“These results will be used to update our geological models and help guide our exploration program to continue to assess the resource potential for this area.
“Drilling has now resumed at Lac Gamble and will include the completion of selected infill holes, as well as geotechnical drill holes to assess rock quality of the host rock units.”
The objective of the Astoria area diamond drilling programme was to test selected priority targets proximal to the known mineralisation to evaluate for the presence and continuity of mineralized extensions with potential to outline a resource.
The programme successfully intersected the targeted sheared Cadillac-Piché corridor, which hosts several mineralised zones.
Mr MacDougall said the ongoing global COVID-19 pandemic and local availability of drill rigs continues to impact the pace at which planned exploration activities are advanced. However, exploration drilling has resumed at the Rouyn Project and a 14,000m diamond drilling programme is planned in 2021 to further delineate the Lac Gamble and Astoria zones. The programme will also include the evaluation of the resource potential of other selected targets, including in the Cinderella and Augmitto areas located further west of the Lac Gamble zone. Currently, a geotechnical drilling programme has commenced to assess rock quality of the host rock units at Lac Gamble.
