Continued Success at 3.3 Million Ounce Westwood Project
TORONTO, ON - IAMGOLD Corporation reported exploration results from the ongoing program at the Company's Westwood project. This advanced exploration project covers an area of 3 km long by 2.5 km depth and is located on strike east of the Company's Doyon Mine in the Abitibi region of Northern Quebec.
The intercepts encountered in this deposit are related to multiple veins and sulphide concentrations, encountered in three different mineralized corridors; Westwood corridor, North corridor and the Zone 2 extension, which are parallel and spaced about 100 to 150 metres apart.
The most significant intercepts from this most recent program include: 848.1 grams /tonne Au (g/t gold) over 1.0m and 372.6 g/t gold over 1.0m in hole R14436-08; 54.4 g /t gold over 1.0m in hole R14429-08; 28.7 g/t gold over 2.0m in hole R14367-07; 1.0 g/t gold and 5.6% Zinc over 5.6 m in hole R14436-08 associated with a two metre massive sulphide band.
"Significant progress has been made at Westwood over the past year including the conservative scoping level study which indicated positive economics for the project. The potential of this project is growing exponentially as results continue to be extremely positive," stated Joseph Conway, President & CEO. "We will accelerate Westwood as quickly as possible, as it will be one of the key projects to achieve our goal of doubling production in the next five years."
The company's address is 401 Bay street, Suite 3200, PO Box 153, Toronto, ON M5H 2Y4, (416) 360-4710, Fax: (416) 360-4750, email: [email protected].