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

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 | 100<br />

• Calculate and model the major, semi-major and minor axes of continuity.<br />

The anisotropy direction was determined using the regressions rules in “SAGE” software.<br />

The variogram was modeled with a nugget effect and two structures representing the larger<br />

scale spatial variability of the datasets. The modeled correlogram is summarized in Table 20.<br />

The rotation angles use the Gemcom convention around the ZYZ axes based on the<br />

orientation of the block model.<br />

The set of rules would be the same for all REO as for TREO except the limits on grade for<br />

the Top Cut Value and the Cut-Over High Grade Value would have to be adjusted<br />

accordingly.<br />

Table 20: Variography statistics<br />

Ranges (m) Rotation (°)<br />

Element Nugget effect 1 st Structure 2 nd Structure Z X Z<br />

X:50 X:750<br />

TREO (%) 0.422<br />

Y:150 Y:360<br />

Z:360 Z:700<br />

0 0 0<br />

Sill:0.<strong>43</strong>1 Sill:0.147<br />

19.1.2 Domain and Volume<br />

The REE Zone mineral resources model is limited to the core of the Saint-Honoré carbonatite<br />

complex. The C1 rock type is (the REEs mineralized carbonatite) containing the majority of<br />

the mineralization but a surrounding crown, called the transition zone, included the low grade<br />

values. The transition zone is formed of mineralized C1 injected in the C2 (massive<br />

carbonatite) and the S1 (syenite). The geological model outlying the REE host rock was<br />

drawn in 2011. A vertical projection was drawn from the surface compilation map (Figure 5)<br />

using a 70° dip cone shape truncated first at 1000m depth in 2011 and extend at 1400m depth<br />

in 2012 (Figure 26). The volume is adjusted to the drill hole rock type description and assay<br />

values to obtain a 3D cone shape confining the grade interpolation process.<br />

The geological model will be reviewed in 2013 with all the new data collected by <strong>drilling</strong> in<br />

2012. The core zone and the transition zone will be separated for a better definition of the<br />

resource. However the geological model is not up to date, the 2011 model is judged enough<br />

close to the reality to use it for generating a valid resource interpolation.<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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