IAMGOLD drilling extends Nelligan gold deposit below 600 metres
Bitget2026/10/27 11:12- IAMGOLD reported drilling extended mineralization at its wholly owned Nelligan Mining Complex in Quebec, with high-grade gold intersections at Monster Lake.
- Nelligan drilling extended the deposit below 600 meters vertically; the 2026 drilling program expanded to 30,000 meters from 18,000 meters.
- Monster Lake returned 7.3 meters grading 49.6 grams of gold per metric ton; drilling extended the Megane Zone to 600 meters deep.
- Initial drilling at Philibert confirmed previously defined zones and grades, indicating additional potential at depth.
- The Nelligan results will support an updated mineral resource estimate targeted for year-end 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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