https://www.miningweekly.com

Iamgold to restart drilling at Senegal gold project

4th March 2019

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

Aim-listed Oriole Resources on Monday confirmed that its exploration partner Iamgold would restart exploration at the Dalafin gold project, in Senegal, next month.

The first results from the 2019 drilling programme are expected to be available late in the second quarter or early in the third quarter.

Oriole currently owns 85% of the project, but Iamgold has the option to spend up to $8-million to earn a 70% interest in the project.

This follows after drilling results in the fourth quarter last year delivered an intersection of 8 m at 2.56 g/t gold.

The drilling programme will continue to explore the Madina Bafé and the Saroudia prospects.

Iamgold will start the $1-million year-two earn-in on Dalafin’s Madina prospect with 5 000 m of aircore (AC) drilling to extend the 2018 campaign to the north and 4 000 m of reverse circulation (RC) drilling to follow up on best results from the 2018 drilling programme, while initiating 2 500 m regional AC drilling to explore for stuctures beneath transported laterites, at Saroudia.

Subsequent RC drilling of 1 600 m will follow up on best AC results.

Both these targets are located within 20 km of Iamgold’s 2.49-million-ounce Boto gold project.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ZF Aftermarket
ZF Aftermarket

ZF Aftermarket is the after-sales division of the world-renowned German ZF group, a global leader in mobility technology.

VISIT SHOWROOM 
Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 0.763s - 128pq - 2rq
Subscribe Now