FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16
or 15d-16
of the Securities Exchange
Act of 1934
Date: June 14, 2018
Commission File Number 001-31528
IAMGOLD
Corporation
(Translation of registrant's name into English) |
|
401 Bay Street Suite 3200, PO Box 153 |
Toronto, Ontario, Canada M5H 2Y4 |
Tel: (416) 360-4710
(Address of principal executive offices) |
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
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Note: Regulation
S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report
to security holders. |
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
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Note: Regulation
S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that
the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant
is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of
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discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. |
Indicate by check mark whether
by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
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"Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
Description
of Exhibit
Signatures
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
|
|
|
|
IAMGOLD CORPORATION |
|
|
|
Date: June 14, 2018 |
By: |
/s/ Tim Bradburn |
|
Tim Bradburn |
|
Vice President, Legal and Corporate Secretary |
Exhibit 99.1
IAMGOLD Continues to Intersect High Grades
at Monster Lake
TORONTO, June 14, 2018 /CNW/ - IAMGOLD Corporation
("IAMGOLD" or the "Company") today announced assay results from the 2018 winter drilling program completed
at its Monster Lake joint venture project (currently held by IAMGOLD Corporation: 50%, TomaGold Corporation: 45%, and Quinto Resources
Inc.: 5% on the Monster Lake claims block with IAMGOLD continuing to advance its option to earn in up to a 75% interest). The project
is located 50 kilometres southwest of Chibougamau, Quebec, Canada. The company is reporting the final assay results from
all 26 drill holes, totaling 8,282 metres, completed as part of the initial 2018 program.
The assay results are provided in Table 1 below
and include the following highlights:
(A drill hole plan map and longitudinal sections are attached to this news release.)
325 - Megane Zone and Main Shear Zone:
- Drill hole ML18-212: 3.83 metres grading 23.96 g/t
gold
- Includes: 1.30 metres grading 67.22 g/t gold
- Drill hole ML18-213: 3.84 metres grading 39.24 g/t
gold
- Includes: 1.09 metres grading 127.4 g/t gold
- Drill hole ML18-217: 5.32 metres grading 40.94 g/t
gold
- Includes: 0.70 metres grading 251.0 g/t gold
- Drill hole ML18-225: 2.62 metres grading 72.17 g/t
gold
- Includes: 1.75 metres grading 107.3 g/t gold
Lower Shear Zone:
- Drill hole ML18-224: 4.32 metres grading 32.07 g/t
gold
- Includes: 0.74 metre grading 134.0 g/t gold
- Drill hole ML16-176B Ext : 0.70 metres grading 14.10
g/t gold
The Monster Lake joint venture project hosts
an NI 43-101 compliant resource, effective as at February 26, 2018, comprising 1,109,700 tonnes of inferred resources averaging
12.14 grams of gold per tonne for 433,300 ounces of contained gold (see news release dated March 28, 2018). The 2018 winter drilling
program was designed to improve confidence in the continuity of the mineralization and to test for extensions of the known mineralized
zones. Key objectives of the drilling program included: infill drilling targeting the upper part of the 325-Megane Zone largely
delineated by only historical drilling; testing for proximal extensions along strike and at depth; and evaluating newly discovered
areas of mineralization within a structure parallel to the Main Shear Zone and adjacent to the 325-Megane Zone, referred to as
the Lower Shear Zone. All of the areas targeted in this program are best accessed during the winter when the ground is frozen.
Craig MacDougall, Senior Vice President, Exploration
for IAMGOLD, stated: "We continue to be impressed with both the continuity and the high grades demonstrated by infill drilling
of the 325-Megane Zone. Although confirming resource extensions and expanding additional areas of mineralization has proved
to be challenging for our exploration team, this style of mineralization remains an attractive exploration target. As I have
said before, we believe the structural setting suggests favourable potential for the occurrence of additional mineralized shoots
along the Monster Lake structural corridor and we continue to evaluate this setting for additional zones of mineralization."
Next Steps
These results will be incorporated into the
deposit model and used to update the mineral resources to guide the next drilling programs. Ongoing geochemical and structural
studies will continue to support exploration targeting. A further round of drilling is being planned to test specific structural
targets which are accessible in the summer season.
About the Monster Lake Project
The Monster Lake project is underlain by Archean
volcanic rocks of the Obatogamau Formation and is traversed by an important deformation corridor and associated gold-bearing mineralized
structures. Historical drilling and exploration by TomaGold Corporation ("TomaGold') have identified a four-kilometre long
structural corridor, along which most of the known gold occurrences discovered to date on the property are associated, including
the Megane Zone.
The Monster Lake Project is held under an earn-in
option to joint venture agreement with TomaGold. The Company holds an undivided 50% interest in the property, and holds an option
to earn a further 25% undivided interest, for a total 75% undivided interest in the Project, should it spend a total of C$10.0
million on the Project within a seven year period, beginning January 1, 2015. Should a development decision be made by the joint
venture, or should the joint venture declare commercial production, TomaGold would be entitled to a further C$1.0 million payment.
Under the terms of the option agreement, IAMGOLD continues to conduct exploration on the project with a view to increase its ownership
to 75%.
On August 14, 2017, IAMGOLD subscribed for
27.7 million common shares of TomaGold from treasury representing 19.98% of the outstanding common shares of TomaGold. The common
shares were purchased at a price of C$0.09 per common share, for an aggregate purchase price of C$2.5 million. Prior to the acquisition,
IAMGOLD did not hold any common shares of TomaGold.
Technical Information and Quality Control
Notes
The drilling results contained in this news release have been prepared in accordance with National Instrument 43-101 Standards
of Disclosure for Mineral Projects ("NI 43-101").
The "Qualified Person" responsible
for the supervision of the preparation and review of this information is Marie-France Bugnon, P. Geo., General Manager Exploration.
Marie-France is considered a "Qualified Person" for the purposes of National Instrument 43-101 with respect to the technical
information being reported on. The technical information has been included herein with the consent and prior review of the above
noted Qualified Person. The Qualified person has verified the data disclosed, and data underlying the information or opinions contained
herein.
The sampling of, and assay data from, the drill
core is monitored through the implementation of a quality assurance - quality control (QA-QC) program designed to follow industry
best practice. Drill core (NQ size) samples are selected by the IAMGOLD geologists and sawn in half with a diamond saw at the project
site. Half of the core is retained at the site for reference purposes. Sample intervals may vary from half a metre to one and a
half metres in length depending on the geological observations.
Samples are transported in sealed bags to ALS
Minerals Laboratory located in Val-d'Or, Québec. Samples are coarse crushed to a -10 mesh and then a 1,000 gram split
is pulverized to 95% passing -150 mesh. ALS Minerals processes analytical pulps directly at their facilities located in Val-d'Or
which is ISO / IEC 17025 certified by the Standards Council of Canada. Samples are analyzed using a standard fire assay with a
50 gram charge with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 grams per tonne (g/t),
another pulp is taken and fire assayed with a gravimetric finish. Core samples showing visible gold or samples which have
returned values greater than 10.0 g/t are re-analyzed by pulp metallic analysis. IAMGOLD inserts blanks and certified reference
standard in the sample sequence for quality control.
Forward Looking Statement
This news release contains forward-looking
statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes,
expects or anticipates will or may occur in the future (including, without limitation, statements regarding expected, estimated
or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and statements regarding
the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves)
are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "will", "should",
"continue", "expect", "anticipate", "estimate", "believe", "intend",
"to earn", "to have', "plan" or "project" or the negative of these words or other variations
on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of
which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially
from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially
from current expectations include, among other things, without limitation, failure to meet expected, estimated or planned gold
production, cash costs, margin expansion, capital expenditures and exploration expenditures and failure to establish estimated
mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes
in world gold markets and other risks disclosed in IAMGOLD's most recent Form 40-F/Annual Information Form on file with the United
States Securities and Exchange Commission and Canadian provincial securities regulatory authorities. Any forward-looking statement
speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims
any intent or obligation to update any forward-looking statement.
About IAMGOLD
IAMGOLD (www.iamgold.com) is a mid-tier mining
company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West
Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities.
IAMGOLD is in a strong financial position with extensive management and operational expertise.
For further information please contact:
Ken Chernin, VP Investor Relations,
IAMGOLD Corporation
Tel: (416) 360-4743 Mobile: (416) 388-6883
Laura Young, Director, Investor Relations,
IAMGOLD Corporation
Tel: (416) 933-4952 Mobile: (416) 670-3815
Martin Dumont, Senior Analyst Investor
Relations, IAMGOLD Corporation
Tel: (416) 933-5783 Mobile: (647) 967-9942
Toll-free: 1-888-464-9999 info@iamgold.com
Please note:
This entire news release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CNW Group's website
at www.newswire.ca. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.
Si vous désirez obtenir la version française
de ce communiqué, veuillez consulter le http://www.iamgold.com/French/Home/default.aspx.
Table 1
Monster
Lake Project Drilling Final Results - 2018 Winter Drilling Program |
Hole
No. |
UTM
NAD83 Zone18 |
AZ |
DIP |
EOH |
From |
To |
Interval |
True
Width (2) |
Au
(1) (3) |
NOTE |
|
Easting |
Northing |
Elevation |
(°) |
(°) |
(m) |
(m) |
(m) |
(m) |
(m) |
(g/t)
|
|
ML-18-211 |
5488114.44 |
520231.34 |
370.73 |
284 |
-50 |
657 |
466.00 |
468.00 |
2.00 |
1.75 |
1.11 |
Main
Shear Zone |
ML-18-212 |
5488256.00 |
519817.79 |
368.61 |
290 |
-50 |
162 |
26.00 |
31.00 |
5.00 |
3.83 |
23.96 |
Main
Shear Zone |
Including |
|
|
|
|
|
|
27.30 |
29.00 |
1.70 |
1.30 |
67.22 |
ML-18-213 |
5488285.18 |
519847.97 |
369.01 |
290 |
-45 |
189 |
38.10 |
38.80 |
0.70 |
0.61 |
1.18 |
Main
Shear Zone |
|
|
|
|
|
|
|
48.10 |
52.50 |
4.40 |
3.84 |
39.24 |
Including |
|
|
|
|
|
|
49.00 |
50.25 |
1.25 |
1.09 |
127.38 |
|
|
|
|
|
|
|
53.25 |
54.15 |
0.90 |
0.79 |
1.45 |
|
|
|
|
|
|
|
137.80 |
140.00 |
2.20 |
1.92 |
0.90 |
Lower
Shear Zone |
ML-18-214 |
5488323.46 |
519891.80 |
369.33 |
290 |
-45 |
183 |
68.87 |
70.65 |
1.78 |
1.55 |
1.46 |
Main
Shear Zone |
|
|
|
|
|
|
|
78.20 |
81.45 |
3.25 |
2.84 |
3.81 |
ML-18-215 |
5488070.54 |
520115.27 |
370.56 |
290 |
-52 |
534 |
370.60 |
372.70 |
2.10 |
1.83 |
1.32 |
Main
Shear Zone |
ML-18-216 |
5488302.00 |
519918.23 |
369.60 |
310 |
-45 |
147 |
101.60 |
102.77 |
1.17 |
1.02 |
0.97 |
Main
Shear Zone |
|
|
|
|
|
|
|
111.45 |
113.30 |
1.85 |
1.61 |
34.78 |
ML-18-217 |
5488301.62 |
519918.57 |
369.55 |
315 |
-57 |
279 |
118.80 |
119.80 |
1.00 |
0.87 |
8.35 |
Main
Shear Zone |
|
|
|
|
|
|
|
120.80 |
121.80 |
1.00 |
0.87 |
2.01 |
|
|
|
|
|
|
|
123.90 |
130.00 |
6.10 |
5.32 |
40.94 |
Including |
|
|
|
|
|
|
125.40 |
126.20 |
0.80 |
0.70 |
251.00 |
|
|
|
|
|
|
|
133.10 |
134.60 |
1.50 |
1.31 |
0.80 |
ML-18-218 |
5488241.38 |
520172.85 |
370.73 |
289 |
-60 |
549 |
75.90 |
77.10 |
1.20 |
1.05 |
1.69 |
E-W
(az N70°) Shear Zone |
|
|
|
|
|
|
|
537.50 |
539.20 |
1.70 |
1.48 |
2.40 |
Lower
Shear Zone |
ML-18-219 |
5488301.33 |
519918.87 |
369.56 |
315 |
-67 |
192 |
138.00 |
143.30 |
5.30 |
4.63 |
1.09 |
Main
Shear Zone |
ML-18-220 |
5488363.06 |
519895.62 |
369.24 |
290 |
-45 |
177 |
60.60 |
63.90 |
3.30 |
2.88 |
2.31 |
Main
Shear Zone |
|
|
|
|
|
|
|
69.80 |
70.80 |
1.00 |
0.87 |
1.08 |
ML-18-221 |
5488378.04 |
519918.88 |
369.44 |
295 |
-45 |
99 |
76.10 |
77.83 |
1.73 |
1.51 |
1.47 |
Main
Shear Zone |
|
|
|
|
|
|
|
88.80 |
90.00 |
1.20 |
1.05 |
1.92 |
ML-18-222 |
5488377.73 |
519919.52 |
369.37 |
295 |
-63 |
147 |
88.70 |
98.70 |
10.00 |
8.73 |
1.31 |
Main
Shear Zone |
Including |
|
|
|
|
|
|
88.70 |
91.70 |
3.00 |
2.62 |
2.83 |
ML-18-223 |
5488377.54 |
519919.92 |
369.35 |
300 |
-75 |
153 |
113.55 |
115.72 |
2.17 |
1.89 |
3.09 |
Main
Shear Zone |
|
|
|
|
|
|
|
125.05 |
129.90 |
4.85 |
4.23 |
3.75 |
ML-18-224 |
5488225.13 |
520136.93 |
370.54 |
290 |
-59 |
549 |
98.80 |
100.00 |
1.20 |
1.05 |
1.21 |
E-W
Shear Zone |
|
|
|
|
|
|
|
513.80 |
518.75 |
4.95 |
4.32 |
32.07 |
Lower
Shear Zone |
Including |
|
|
|
|
|
|
515.80 |
516.65 |
0.85 |
0.74 |
134.00 |
ML-18-225 |
5488335.41 |
519981.46 |
370.01 |
294 |
-59 |
228 |
175.50 |
178.50 |
3.00 |
2.62 |
72.17 |
Main
Shear Zone |
Including |
|
|
|
|
|
|
175.50 |
177.50 |
2.00 |
1.75 |
107.30 |
|
|
|
|
|
|
|
182.50 |
183.50 |
1.00 |
0.87 |
4.33 |
ML-18-226 |
5488220.05 |
520004.76 |
369.73 |
290 |
-52 |
369 |
220.30 |
220.97 |
0.67 |
0.58 |
2.86 |
Main
Shear Zone |
ML-18-227 |
5488408.63 |
520071.67 |
370.52 |
315 |
-70 |
465 |
287.40 |
288.75 |
1.35 |
1.18 |
5.55 |
Main
Shear Zone |
|
|
|
|
|
|
|
292.30 |
293.40 |
1.10 |
0.96 |
1.15 |
ML-18-228 |
5488219.90 |
520005.26 |
369.74 |
290 |
-62 |
417 |
245.60 |
248.60 |
3.00 |
2.62 |
0.52 |
Main
Shear Zone |
|
|
|
|
|
|
|
356.00 |
356.50 |
0.50 |
0.44 |
1.43 |
Lower
Shear Zone |
ML-18-229 |
5488476.86 |
520177.74 |
370.98 |
292 |
-64 |
519 |
336.00 |
340.35 |
4.35 |
3.80 |
4.52 |
Main
Shear Zone |
Including |
|
|
|
|
|
|
348.54 |
349.27 |
0.73 |
0.64 |
3.79 |
ML-18-230 |
5488170.98 |
519966.54 |
369.37 |
290 |
-48 |
345 |
14.05 |
15.60 |
1.55 |
1.35 |
6.52 |
E-W
(az N70°) Shear Zone |
|
|
|
|
|
|
|
193.35 |
194.35 |
1.00 |
0.87 |
0.74 |
Main
Shear Zone |
|
|
|
|
|
|
|
259.50 |
260.10 |
0.60 |
0.52 |
1.05 |
Lower
Shear Zone |
|
|
|
|
|
|
|
284.00 |
288.20 |
4.20 |
3.67 |
0.46 |
ML-18-231 |
5488593.39 |
520195.11 |
370.93 |
290 |
-70 |
501 |
No
significant results |
|
ML-18-232 |
5488717.30 |
520216.88 |
372.12 |
293 |
-45 |
390 |
217.60 |
219.55 |
1.95 |
1.70 |
0.77 |
Main
Shear Zone |
|
|
|
|
|
|
|
222.90 |
223.90 |
1.00 |
0.87 |
0.93 |
ML-18-233 |
5488700.24 |
520144.84 |
371.24 |
290 |
-60 |
324 |
116.65 |
117.55 |
0.90 |
0.79 |
1.43 |
E-W
Shear Zone |
|
|
|
|
|
|
|
182.00 |
186.10 |
4.10 |
3.58 |
1.47 |
Main
Shear Zone |
ML-18-234 |
5488716.64 |
520218.46 |
372.00 |
300 |
-60 |
417 |
373.30 |
375.80 |
2.50 |
2.18 |
2.97 |
Lower
Shear Zone |
ML-16-176B
Ext |
5488282.89 |
520128.70 |
370.72 |
283 |
-60 |
(+101m)
EOH 551 |
469.55 |
470.35 |
0.80 |
0.70 |
14.10 |
Lower
Shear Zone |
M-13-102
Ext |
5488281.57 |
520129.45 |
370.59 |
290 |
-63 |
(+123m)
EOH 507 |
No
significant results |
Lower
Shear Zone |
Notes: |
1. Drill hole intercepts are calculated using a 0.50 g/t Au assay cut-off. |
2. True widths of intersections are approximately 85 to 90% of the core interval. |
3. Assays are reported uncut but high grade sub-intervals are highlighted. |
DRILL HOLE PLAN MAP - MONSTER LAKE PROJECT
(CNW Group/IAMGOLD Corporation)
MONSTER LAKE STRUCTURAL CORRIDOR - Longitudinal
Section - MAIN SHEAR ZONE (CNW Group/IAMGOLD Corporation)
MONSTER LAKE STRUCTURAL CORRIDOR - Longitudinal
Section - LOWER SHEAR ZONE (CNW Group/IAMGOLD Corporation)
View
original content with multimedia:http://www.prnewswire.com/news-releases/iamgold-continues-to-intersect-high-grades-at-monster-lake-300665800.html
SOURCE IAMGOLD Corporation
View original content with multimedia: http://www.newswire.ca/en/releases/archive/June2018/14/c1624.html
%CIK: 0001203464
CO: IAMGOLD Corporation
CNW 07:00e 14-JUN-18
This regulatory filing also includes additional resources:
ex991.pdf
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