R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74
 
 
R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74
 
 
BACK
Advertise on this page? Tap Here to Learn More

Iamgold to start 3 000 m drilling programme at Senegal project

6th December 2018 BY: Marleny Arnoldi
Creamer Media Online Writer

Iamgold Corporation will start a 3 000 m reverse circulation drilling programme targeting three main zones at the Dalafin gold project, in Senegal, in which Aim-listed Oriole Resources, formerly Stratex International, holds an 85% interest.

Iamgold has the option to spend $8-million in expenditure to earn a 70% interest in the project.

Advertisement

Previous drilling results reported an average grade of 2.48 g/t gold.

The new drilling programme is planned at 50 m hole spacing and to a downhole depth of 100 m, at a 58˚ declination and a true depth of 85 m.

Advertisement

Iamgold has also mobilised a second rig and a 500 m diamond drilling campaign will start shortly, to validate the two best intersections previously reported by the company, the results of which included 9.6 m grading 16.08 g/t and 15 m grading 6.10 g/t.

Iamgold expects to complete both drilling programmes before the end of the year. 

EDITED BY: Chanel de Bruyn Creamer Media Senior Deputy Editor Online
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY
 
 
Prev Next