To: Goose94 who wrote (21447 ) 9/15/2016 6:23:29 PM From: Goose94 Read Replies (1) | Respond to of 203329 IAMGOLD (IMG-T) Sept 15, '16 today announced additional drilling results from its 100% owned Boto Gold Project in eastern Senegal, West Africa. The Company is reporting assay results from twenty-three diamond drill holes at the Malikoundi deposit totaling 2,217 metres, completed prior to the commencement of the rainy season, including five diamond drill holes that were deepened to target footwall mineralization and provide additional geotechnical information. The assay results are provided in Tables 1 and 2 and include the following highlights:Malikoundi Deposit: • Drill hole 2300: 9 metres grading 4.76 g/t gold • Drill Hole 2302: 12 metres grading 6.39 g/t gold Includes: 3 metres grading 20.77 g/t gold • Drill hole 2303: 22 metres grading 4.04 g/t gold
Malikoundi Deposit (Deepened Holes): • Drill hole 2122: 32 metres grading 5.19 g/t gold • Drill Hole 2218: 42 metres grading 3.60 g/t gold
Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated, "The drilling program has successfully delineated near surface, shallow mineralization extending 500 metres along strike, north of the Malikoundi deposit; and has confirmed the presence of wide intervals of high grade mineralization located in the footwall to the main deposit which was not fully tested in previous drilling programs. Further drilling is planned at the end of the rainy season to follow up these encouraging results." BOTO PROJECT, SENEGAL The Boto project comprises 236 square kilometres of exploration licenses located in eastern Senegal along the Senegal-Mali border. The geological setting of the project area is similar to the prolific Sadiola and Loulo gold districts in adjacent Mali, being underlain by highly prospective, Birimian-aged metasedimentary, volcanic and intrusive rocks along a seven-kilometre strike length of the Senegal-Mali Shear Zone. The project hosts an indicated resource of 27.7 million tonnes averaging 1.8 g/t gold for 1.56 million ounces and an inferred resource of 2.9 million tonnes averaging 1.3 g/t gold for 125,000 ounces (see news release regarding reserves and resources dated February 17, 2016). Next Steps To date, the Company has completed 5,176 metres of diamond drilling at the Malikoundi deposit to test for extensions of mineralization at depth and along strike beyond the current resource model as well as the re-entry and deepening of selected drill holes which previously stopped in footwall mineralization. The drilling program includes 765 metres completed to provide geotechnical information to help define potential pit wall slopes. The assay results will be incorporated into an updated resource model for use in ongoing project evaluation studies. Diamond drilling is expected to resume in the fourth quarter upon completion of the rainy season. Technical Information and Quality Control Notes Boto Project, Senegal: The Boto drilling results contained in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The sampling of, and assay data from, drill core is monitored through the implementation of a quality assurance - quality control (QA-QC) program designed to follow industry best practice. Drill core (HQ and NQ size) samples are selected by the IAMGOLD geologists and sawn in half with a diamond saw at the project site. Half of the core is retained at the site for reference purposes. Sample intervals are generally one metre in length. Samples are prepared at the Veritas Preparation Laboratory in Bamako, Mali and analyzed using a standard fire assay with a 50 gram charge with an Atomic Absorption (AA) finish at the Veritas Analytical Laboratory in Abidjan, Ivory Coast. Qualified Persons The information in this news release was prepared under the supervision of, and reviewed and verified by, Craig MacDougall, P.Geo., Senior Vice President, Exploration for IAMGOLD. Mr. MacDougall is a Qualified Person as defined by National Instrument 43-101.About IAMGOLD IAMGOLD ( www.iamgold.com ) is a mid-tier mining company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a strong financial position with extensive management and operational expertise. Please note: This entire news release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CNW Group's website at www.newswire.ca . All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov . Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le http://www.iamgold.com/French/accueil/default.aspx . Table 1: Boto Project Drilling Results – Malikoundi Deposit Hole No. UTM (WGS84Zone29N) AZ DIP EOH From To Length Grade Easting Northing Elevation (degrees) (degrees) (m) (m) (m) (m) (g/t Au) 2298 241959 1380551 158 113 -60 105 69 74 5 3.31 2299 241956 1380498 159 115 -60 110 80 82 2 1.88 2300 241999 1380478 160 115 -60 60 16 25 9 4.76 2301 241953 1380445 160 115 -60 115 65 73 8 1.93 2302 241998 1380424 161 115 -60 65 13 25 12 6.39 includes 17 20 3 20.77 2303 241951 1380390 161 115 -60 115 65 87 22 4.04 includes 83 85 2 21.50 2304 241996 1380370 161 115 -60 65 20 31 11 2.71 2305 241947 1380281 162 115 -60 115 22 26 4 1.15 75 88 13 3.29 2306 241992 1380261 162 121 -60 65 19 27 8 2.12 2307 241945 1380227 162 115 -60 115 69 83 14 1.25 2308 241991 1380206 162 115 -60 67 27 31 4 1.89 2309 241943 1380175 162 120 -60 110 69 91 22 0.69 2310 241988 1380154 163 115 -60 60 12 20 8 1.74 2311 241941 1380123 163 115 -60 105 80 88 8 1.34 2312 241986 1380102 163 115 -60 55 25 36 11 4.03 2317 242076 1378829 158 103 -60 200 131 134 3 1.05 2318 242122 1378808 158 111 -60 200 64 72 8 1.12 89 92 3 1.49 2319 242167 1378787 154 124 -60 180 15 33 18 0.69 Total 1907
Notes: Drill hole intercepts are calculated using a minimum down-hole length of 2 metres, a cut-off grade of 0.5 g/t gold, a global assay cap of 25 g/t gold and may include up to 5 metres of internal dilution. The true widths of intersections are interpreted to approximate the reported downhole lengths. Table 2: Boto Project Drilling Results – Deepened Drill Holes (EXT), Malikoundi Deposit Hole No. UTM (WGS84Zone29N) AZ DIP EOH From To Length Grade Easting Northing Elevation (degrees) (degrees) (m) (m) (m) (m) (g/t Au) 2117 Ext 241865 1379093 165 115 -60 380 372 374 2 1.20 2122* 241866 1379204 165 115 -60 275 259 272 13 7.94 2122 EXT 241866 1379204 165 115 -60 325 259 291 32 5.19 includes 289 291 2 10.65 2125* 241815 1379338 166 115 -60 300 274 299 25 1.64 2125 Ext 241815 1379338 166 115 -60 335 274 324 50 1.57 2218* 241774 1379187 166 116 -60 365 335 365 30 3.82 2218 Ext 241774 1379187 166 116 -60 431 335 377 42 3.60 413 431 18 2.44 2220* 241867 1379149 165 116 -60 350 294 300 6 4.18 2220 Ext 241867 1379149 165 116 -60 350 294 321 27 2.03 Total Ext 310
Notes: Drill hole intercepts are calculated using a minimum down-hole length of 2 metres, a cut-off grade of 0.5 g/t gold, a global assay cap of 25 g/t gold and may include up to 5 metres of internal dilution. The true widths of intersections are interpreted to approximate the reported downhole lengths. * - previously reported footwall intercept (see news releases dated November 5, 2012; May 21, 2013 and February 3, 2015)