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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 | 49<br />

was to complete a <strong>drilling</strong> pattern of 100m x100m for the pre-feasibility study. The<br />

overburden is 7.40 m thick. From 7.40 m to 41.60 m, the Trenton limestone covered the<br />

carbonatite. A carbonatite breccia textured facies (BRC1L), strongly altered by the paleoweathering<br />

(hematite, chlorite and siderite) is logged down to 107.30 m. From 107.30 m to<br />

975 m, there is a layering of breccia facies (BRC1L) and massive facies (C1L) of the<br />

dolomitic carbonatite. Between 213.70 m to 291.70 m, both facies becomes more calcitic<br />

than dolomitic composed. The North contact was traversed at the depth of 975 m. From<br />

there to 992 m, a medium grained, massive textured, and lanthanide poor dolomitic<br />

carbonatite (C5) is observed.<br />

The 2012-REE-042 returned and overall value of 1.652% TREO / 950.4 m (from 41.6 m)<br />

including 0.26% HREO / 950.4 m. The last 383 m are progressing in the transition zone<br />

between the mineralized and not mineralized carbonatite and have a diluting effect on the<br />

TREO value. The best interval in the core of the REE zone returned a value of 1.934%<br />

TREO / 567.4 m (from 41.6m) including 0.33% HREO / 567.4 m.<br />

13.5.15 2012-REE-0<strong>43</strong><br />

The 2012-REE-0<strong>43</strong> is situated in the North-West area of the REE zone (MTME 256041.58:<br />

MTMN 5378449.20). It was drilled at 031° (true North) with a dip of -52°. The objective<br />

was to complete a <strong>drilling</strong> mesh of 100m x100m for the pre-feasibility study. The<br />

overburden is 7.10 m thick. From 7.10 m to 57 m, the Trenton limestone covered the<br />

carbonatite. A massive calcitic carbonatite facies (C1C), strongly altered (hematite, chlorite<br />

and siderite) is logged down to 125 m. Further, the same calcitic facies continue but with a<br />

decreasing of the paleo-weathering alteration. The massive calcitic facies continues down to<br />

183.40 m. From 183.40 m to 723 m, a carbonatite breccia facies (BRC1L) dominated. The<br />

proportion of matrix is variable from 20% to 60%. The grain size decreased when the breccia<br />

textures increased. An interval of massive dolomitic carbonatite facies (C1L) is logged<br />

between 445.60 m and 504.80 m. The hole finished in the mineralized, massive dolomitic<br />

carbonatite (C1L) down to 7<strong>43</strong>m.<br />

Even if the hole finished in the mineralization, the analyses showed a decrease of the<br />

lanthanide values. It is explained by the transitional contact between the REE bearing<br />

carbonatite and the surrounding carbonatite and syenite complex. The 2012-REE-0<strong>43</strong><br />

returned an overall value of 2.066% TREO / 684 m (from 57 m) including 0.035% HREO /<br />

684 m.<br />

13.5.16 2012-REE-044<br />

The 2012-REE-044 is situated in the North area of the REE zone (MTME 256218.95:<br />

MTMN 5378573.87). It was drilled at 031° (true North) with a dip of -53°. The objectives<br />

were to intersect the north contact in deep and complete the 100 m x 100 m <strong>drilling</strong> mesh for<br />

the pre-feasibility. The overburden is 21.60 m thick. From 21.60 m to 37.30 m, the Trenton<br />

limestone covered the carbonatite. A brecciated calcitic carbonatite facies (BRC1LC)<br />

strongly altered (hematite, chlorite and siderite) is described down to 53.30 m. From 53.30 m<br />

to 82.30 m, the calcite is substituted by the dolomite in the sub-surface altered facies<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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