NI 43-101 Technical report, Surface diamond drilling ... - Iamgold
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 | 111<br />
As shown in Table 25 below, the REE zone contains a total Indicated Resources of 531.4<br />
Million Tonnes at a grade of 1.64% Total Rare Earth Oxides (TREO) and a total<br />
Inferred Resources of 527.2 Million Tonnes at a grade of 1.83% TREO, to a depth of<br />
approximately 700 metres (the surface lies at a reference elevation of 10,000 metres). The<br />
exploration <strong>drilling</strong> confirmed the mineralization continuity below the fixed level of 700m<br />
and still open at depth.<br />
Table 25: 2012 REE resources and reserves estimation.<br />
REE (Rare Earth Elements) Project December 31, 2011 December 31, 2012<br />
Tonnes<br />
(000)<br />
%<br />
TREO<br />
Tonnes<br />
(000)<br />
%<br />
TREO<br />
<strong>Iamgold</strong><br />
(100%)<br />
Proven reserves<br />
Kg<br />
TREO<br />
(000)<br />
Kg<br />
TREO<br />
(000)<br />
Probable reserves<br />
Total reserves 0 0.00 - 0 0.00 0<br />
Measured ressources<br />
Indicated ressources 531,400 1.64 8,730<br />
Measured and Indicated resources 0 0.00 - 531,400 1.64 8,730<br />
Inferered ressources 466,800 1.65 7,702 527,200 1.83 9,652<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