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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 | 48<br />

carbonatite begins with a strongly altered breccia facies (hematite, chlorite and siderite)<br />

(BRC1L) down to 98 m. The alteration decreased (hematite and chlorite) down to 207 m.<br />

From 207 m to 564 m, the dolomitic mineralized breccia facies is logged (BRC1L).<br />

The mineralisation is observed all along the hole but increased at depth. The 2012-REE-039<br />

returned a value of 1.802% TREO / 508.3 m (from 55.7 m) including 0.031% HREO /<br />

508.3 m.<br />

13.5.12 2012-REE-040<br />

The 2012-REE-040 is situated at the center east of the REE zone (MTME 256340.87:<br />

MTMN 5378225.07). It was drilled at 031° (true North) with a dip of -50°. The objectives<br />

were to increases the REE definition by following a <strong>drilling</strong> mesh of 100m x100m and<br />

intersect the North contact in depth. The overburden is 8.60 m thick. From 8.60 m to 11.80<br />

m, the Trenton limestone covered the carbonatite. A massive calcitic and dolomitic<br />

carbonatite facies (C1L) strongly altered (hematite, chlorite and siderite) is logged down to<br />

102.70 m. A small breccia facies (BRC1L) cut the massive facies from 102.70 m to 142.40<br />

m. From 142.40 m to 729 m, there is a layering between massive dolomitic carbonatite and<br />

calcitic carbonatite (C10 and C1C). Two breccias facies, from 405.30 m to <strong>43</strong>0.80 m and<br />

from 5<strong>43</strong> m to 600.50 m, disturbed the massive textured intervals.<br />

The mineralization is homogeneous all along the hole. The 2012-REE-040 returned a value<br />

of 2.134% TREO / 717.2 m (from 11.8 m) including 0.028% HREO / 717.2.3 m.<br />

13.5.13 2012-REE-041<br />

The 2012-REE-041 is situated in the center area of the REE zone (MTME 256292.71:<br />

MTMN 5378307.19). It was drilled at 028° (true North) with a dip of -50°. The objectives<br />

were to complete the <strong>drilling</strong> pattern of 100m x 100m and intersect the north contact at depth.<br />

The overburden is 6.80 m thick. From 6.80 m to 36.20 m, The Trenton limestone covered the<br />

carbonatite. From 36.20m, the calcitic breccia carbonatite facies (BRC1C) is strongly altered<br />

(hematite, chlorite and siderite) down to 99.70 m. The same breccia facies becomes less<br />

altered down to 342 m. From 342 m to <strong>43</strong>4.10 m, a transition zone is noted where the<br />

carbonatite progressively changed from a calcitic to a dolomitic facies. From <strong>43</strong>4.10 m to<br />

734.10 m, the dolomitic carbonatite (C1L) dominated but is cut by a large breccia facies<br />

(BRC1) between 539.70 m to 622.20. From 734.10 m to 774, the dolomitic breccia<br />

carbonatite facies completed the hole.<br />

The lanthanide mineralization is transitionally decreasing in the lower part of the hole<br />

marking the North contact at depth with the not mineralized carbonatite. The hole 2012-<br />

REE-041 returned an overall value of 1.798% TREO / 697.9m (from 36.2m) including<br />

0.029% HREO / 697.9m. The best interval, without not mineralized breccia facies, returned<br />

a value of 1.987% TREO / 503.5m (from 36.2m) including 0.32% HREO /503.5ms.<br />

13.5.14 2012-REE-042<br />

The 2012-REE-042 is situated in the center area of the REE zone (MTME 256208.17:<br />

MTMN 5378339.99). It was drilled at 029° (true North) with a dip of -52°. The objective<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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