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NI 43-101 Technical report, Surface diamond drilling ... - Iamgold

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R a r e E a r t h E l e m e n t E x p l o r a t i o n P r o g r a m M a r c h - 2 0 1 3<br />

W i n t e r - S u m m e r 2 0 1 2 P a g e | 96<br />

and reach a maximum length of 1,337 metres. The two deepest holes demonstrated that the<br />

REE zone persists uninterrupted at depth and show comparable or higher grades to other<br />

intercepts in the resource model. Based on the low variability and all the preceding<br />

information, the mineral resources have been classified by level. The indicated resources are<br />

from sub-surface to level 9650 (350m depth) and the inferred resources are from levels 9650<br />

to 9300 (700m depth).<br />

All assay results are <strong>report</strong>ed in Total Rare Earth Element Oxides (“TREO”). The main rare<br />

earth elements found are LREEs: Cerium (Ce), Lanthanum (La), Neodymium (Nd),<br />

Praseodymium (Pr) and Samarium (Sm), and HREEs: Gadolinium (Gd), Europium (Eu),<br />

Dysprosium (Dy) and Terbium (Tb).<br />

Table 16: REE mineral resources by grade groups.<br />

Indicated resources<br />

Inferred resources<br />

Tonnage<br />

GRADEGROUP<br />

Millions T.<br />

% TREO 3<br />

> 2.5<br />

2.0 to 2.5<br />

1.5 to 2.0<br />

1.0 to 1.5<br />

0.5 to 1.0<br />

TOTAL<br />

Grade<br />

% TREO<br />

32.1 2.72<br />

116.9 2.19<br />

175.0 1.78<br />

120.8 1.25<br />

86.6 0.77<br />

531.4 1.64<br />

TREO Cont.<br />

Millions kg<br />

873.2<br />

2,562.9<br />

3,109.1<br />

1,516.0<br />

669.1<br />

8,730.3<br />

Tonnage<br />

Millions T.<br />

Grade<br />

% TREO<br />

82.1 2.83<br />

141.3 2.22<br />

140.1 1.77<br />

90.2 1.27<br />

73.4 0.76<br />

527.2 1.83<br />

TREO Cont.<br />

Millions kg<br />

2,326.5<br />

3,137.4<br />

2,483.4<br />

1,145.2<br />

559.2<br />

9,651.7<br />

3 TREO is for Total Rare Earth Oxides which include: La 2O 3, Ce 2O 3, Pr 2O 3, Nd 2O 3, Sm 2O 3, Eu 2O 3, Gd 2O 3, Tb 2O 3,<br />

Dy 2O 3, Ho 2O 3, Er 2O 3, Tm 2O 3, Yb 2O 3, and Lu 2O 3.<br />

3400, chemin du Columbium, St-Honoré-de-Chicoutimi, QC G0V 1L0 Canada – tel. : 418 673-4694 Fax : 418 673-3179<br />

E-mail : info.niobec@iamgold.com www.niobec.com

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