The mobilisation of drilling equipment to site is nearing completion and IAMGOLD will shortly commence a 5,750m Air Core (AC), Reverse Circulation (RC) and diamond core drilling programme at the Madina Bafé prospect (Madina Bafè or the Prospect) in the south of the licence area.
Highlights
– IAMGOLD focusing on exploration at Madina Bafé prospect as part of initial US$4M earn-in to 51% of the Project;
– Full review of historical diamond drill core and RC chips completed;
– Regolith mapping completed and currently being digitised;
– Exploration drilling programme at the Madina Bafe to commence shortly, comprising:
o 3,000m AC drilling for 570 holes to assess geochemical signature of the bedrock and define mineralised corridors;
o 2,000m RC drill holes to test previously-defined mineralised trends and best AC anomalies;
o 750m diamond core drilling to test previous drilling results.
Stratex CEO Tim Livesey said: “We are delighted to see the development of such a robust work programme and that IAMGOLD are moving ahead so quickly on the earn-in. We look forward to strong news flow on Dalafin over the coming months.”
Source: Company Press Release
