Iamgold makes discovery at Karita project in Guinea (Northern Miner – October 1, 2019)

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Iamgold (TSX: IMG; NYSE: IAG) has confirmed a new grassroots exploration discovery at its Karita gold project in northeastern Guinea.

The project sits along a portion of West Africa’s Senegal-Mali Shear Zone, 8 km south of the company’s Boto gold project and 3 km north of its Diakha-Siribaya project. The company reported assays from 16 reverse circulation (RC) drill holes totalling 1,839 metres that were completed as part of its 2019 drill program.

Highlights include 13 metres grading 2.8 grams gold per tonne starting from a depth of 37 metres in hole 19-001; 29 metres grading 2.96 grams gold per tonne from nine metres in hole 19-006; 16 metres grading 3.17 grams gold per tonne from 40 metres in hole 19-009; 22 metres grading 2.27 grams gold per tonne from 20 metres in hole 19-010; and 21 metres grading 9.01 grams gold per tonne from 53 metres in hole 19-011.

Iamgold said in a statement that drilling intersected “multiple, wide zones of mineralization within altered metasedimentary units,” as it had at the company’s nearby Boto and Diakha-Siribaya projects.

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