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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 | 5<br />

6.1 Property location<br />

The Niobec property, which contains the REE Zone and the Niobec mine, is located thirteen<br />

kilometres north of Ville de Saguenay (Chicoutimi), in the limits of the municipality of St-<br />

Honoré, in Simard Township, Quebec (Figure 1).<br />

Figure 1: Niobec property location<br />

6.2 Property description<br />

The Niobec property is held 100% by Niobec Inc., a wholly-owned subsidiary of IAMGOLD<br />

Corporation.<br />

The Niobec mine is located on a property of 8,010.85 hectares comprising two mining leases,<br />

No 663 and 706 (with surface area of 79.9 and 49.5 hectares respectively), and 179 claims<br />

totaling 7,881.4 hectares. The property was enlarged in 2010 with the acquisition of all rights<br />

into 23 claims. In 2011 and 2012, for the purpose of the Niobec Expension project, 113 news<br />

claims were acquired principally on the North and the West area of the mining leases. The<br />

mining leases have been renewed until 2015 (Figure 2). At the end of December 2012, four<br />

claims were suspended because they were under a new mining leases request at the MRNF.<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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