IAMGOLD Corporation: IAMGOLD Reports 2020 Attributable P&P Reserves of 13.9 Million Ounces and Attributable M&I Resources of 23.9 Million Ounces
Toronto, Ontario--(Newsfile Corp. - February 17, 2021) -
IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces its 2020 year end Mineral Reserve and Resource statement (refer to Table 3 for a detailed breakdown by asset).
IAMGOLD's President and CEO, Gordon Stothart, commented: "We have maintained a robust global reserve and resource profile in 2020, noting that our numbers did decline year-over-year, reflecting both industry trends and the reality that we mine a depleting resource, combined with the sale of the Sadiola and Eastern Borosi properties. Looking to 2021, we continue to focus on our core assets and district strategy in our exploration program, with the goal of developing an initial resource at the Gosselin Deposit near our Côté Gold Project and delineating further resources at the Nelligan district, at Grand Duc and Rouyn on the Westwood hub, and at Karita in the Bambouk district. We look forward to updating you on our progress over the course of the year."