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Managed and supervised by our partner IAMGOLD Corporation, this new drilling program involves a number of objectives including: additional infill drilling to improve resource classification established at (on a 100% basis) at 3.2 million ounces of contained gold (see news releases dated
In order to speed up the field work during this winter period, IAMGOLD plans to use two drills.
« We are also confident that the next drilling programs will increase significantly the gold resources as the drilling will be concentrated in the western part of the extensions and in depth of the Renard zone» to underline the Chief Executive Officer, Mr.
It should be noted that the 3.2 million inferred ounces of resource has been achieved with only 56,000 meters of drilling carried out on the property. »
Moreover, additional metallurgical tests will be completed in the coming months to provide additional information on the metallurgical recoveries from the various zones of mineralization comprising the Mineral Resources of the Nelligan gold deposit and to help optimize the process flow sheet parameters.
The regional exploration program will also continue to define and test other priority exploration targets on the property.
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Sources:
splouffe@vanstarmining.com 514-947-2272
info@rvanstar.com
(www.vanstarmining.com)
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