The Rouyn gold project covers a 12-km length of the Cadillac-Larder Lake Break. (Image: Yorbeau Resources)
QUEBEC – Toronto’s Iamgold and Montreal’s Yorbeau Resources jointly released the results of the recent winter drilling program at the Rouyn gold project 4 km south of Rouyn-Noranda. The results are from the Gamble Lake zone, between the Augmito and Astoria deposits.
Highlights include:
Iamgold conducted the winter drilling to infill a part of the Lac Gamble zone drilled earlier by Yorbeau’s other partners. All the completed holes intersected the Cadillac-Piche corridor, as planned.
The results of the Gamble Lake drilling will be integrated with the existing geological, geochemical and structural information as a preliminary deposit model is created. Drilling has also resumed on selected targets near the historic Astoria deposit.
Iamgold can acquire 100% of the Royun project by paying $4 million to Yorbeau and spending $9 million on exploration over the next five years. See also www.Iamgold.com.
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