IAMGold reports high grade intersects at Monster Lake
IAMGOLD announced assay results from the 2018 winter drilling program completed at its Monster Lake joint venture project in Quebec, currently held by IAMGOLD: 50%, TomaGold: 45%, and Quinto Resources: 5% on the Monster Lake claims block with IAMGOLD continuing to advance its option to earn in up to a 75% interest. Final assay results from all 26 drill holes, totaling 8,282 metres, include the following highlights: 3.83 metres grading 23.96 g/t gold including 1.30 m grading 67.22 g/t gold, 3.84 m grading 39.24 g/t gold, 1.09 m grading 127.4 g/t gold, 5.32 m grading 40.94 g/t gold. The Monster Lake joint venture project hosts an NI 43-101 compliant resource comprising 1,109,700 tons of inferred resources averaging 12.14 grams of gold per ton for 433,300 ounces of contained gold. Ongoing geochemical and structural studies will continue to support exploration targeting. A further round of drilling is being planned to test specific structural targets which are accessible in the summer season.