Iamgold Reports Initial Resource Estimate For Gossey Deposit
Iamgold Corp. (TSX: IMG; NYSE: IAG) reports that combined indicated and inferred resources for the Gossey satellite deposit, located 15 kilometers northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces. The initial estimate for the deposit shows 10.5 million tonnes of indicated resources averaging 0.87 grams of gold per tonne for 291,000 ounces and 2.9 million tonnes of inferred resources averaging 0.91 grams of gold for 85,000 ounces. "The initial resource estimate reported for the Gossey deposit confirms the prospectivity of the Gossey- Korizena trend to host significant gold mineralization,” says Craig MacDougall, senior vice president for exploration. “We believe there is favorable potential for additional discoveries within our extensive exploration concessions surrounding the Essakane operation.”
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
