Iamgold confirms new West Africa grassroots discovery
Gold mining company Iamgold on Wednesday announced a new grassroots discovery along the Senegal – Mali shear zone, in West Africa.
The discovery at the Karita project, in Guinea, is located about 8 km from the Boto gold project, in Senegal, and 3 km from its Diakha-Siribaya project, in Mali.
“ . . . we have intersected multiple, wide zones of mineralisation within altered meta-sedimentary units. With now our third grassroots discovery, we continue to highlight the outstanding exploration potential along this portion of the shear zone,” commented Iamgold senior VP for exploration, Craig MacDougall.
The company has received assay results from 16 reverse circulation drill holes totalling 1 839 m completed as part of its 2019 exploration programme. This confirmed the presence of multiple zones of wide intervals of mineralisation hosted within an albite, hematite, carbonate altered sandstone meta-sedimentary unit. Iamgold said that the style of the mineralisation and associated alteration appeared similar to its other deposits in the region.
The company would now integrate the results of the drilling programme with data from the adjacent Boto and Diakha-Siribaya projects to help guide future drilling programmes.
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