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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<br />

P a g e | VII<br />

LIST OF TABLES<br />

Table 1: Mining titles status. (Property Claims = CDC and CL; Mining leases = BM) .......... 7<br />

Table 2: Previous exploration <strong>drilling</strong>, Niobec property. ........................................................ 13<br />

Table 3: List of the REE advance projects (updated from Technology Metals Research). .... 27<br />

Table 4: Paragenetic sequence for the REE Zone minerals (Fournier, 1993). ........................ 31<br />

Table 5: Historical <strong>diamond</strong> <strong>drilling</strong> on the REEs zone. ......................................................... 38<br />

Table 6: Drill holes summaries, 2011 niobium exploration program. .................................... 39<br />

Table 7: Drill hole results summary, 2012 REEexploration campaign. .................................. 61<br />

Table 8: Blank and standard samples values (ppm). ............................................................... 70<br />

Table 9: Internal quality control for sample preparation by SGS Ontario. ............................. 72<br />

Table 10: Elements analyzed by ICM 90A. ............................................................................ 73<br />

Table 11: QA / QC summary, REE exploration program. ...................................................... 76<br />

Table 12: Summary of Blanks results, REE project 2012. ...................................................... 78<br />

Table 13: Summary of the OREAS <strong>101</strong>a QA / QC results, REE project 2012. ..................... 82<br />

Table 14: Summary of the OREAS 146 QA / QC results, REE exploration project. ............. 86<br />

Table 15: Summary of the GRE-02 QA / QC results. ............................................................. 91<br />

Table 16: REE mineral resources by grade groups. ................................................................ 96<br />

Table 17: REE mineral resources by depth. ............................................................................ 97<br />

Table 18: Statistics summary of the original assay intervals used in the 2012 resource<br />

estimation. ............................................................................................................... 98<br />

Table 19: Composites statistics summary used in 2012 resource estimation. ........................ 99<br />

Table 20: Variography statistics ............................................................................................ 100<br />

Table 21: REE zone block model parametres (Exploration metres). .................................... 102<br />

Table 22: Block model coding. ............................................................................................. 103<br />

Table 23: Block model attributes. ......................................................................................... 103<br />

Table 24: Interpolation rules ................................................................................................. 105<br />

Table 25: 2012 REE resources and reserves estimation. ...................................................... 111<br />

List of Figures<br />

Figure 1: Niobec property location 5<br />

Figure 2: Mining titles and accessibility 6<br />

Figure 3: St-Honoré carbonatite complex and regional geology 15<br />

Figure 4: The Lapetan rift system 16<br />

Figure 5: Geological compilation map of the St-Honoré Carbonatite Complex 19<br />

Figure 6: Geological schematic block diagram of the St-Honoré Carbonatite Complex 20<br />

Figure 7: Schematic section and plan view of a carbonatite complex 29<br />

Figure 8: High grade mineralized envelope 32<br />

Figure 9: Mineralized massive carbonatite 33<br />

Figure 10: Variation of the mineralized clusters composition with depth 34<br />

Figure 11: Mineralized cluster composition 34<br />

Figure 12: Mineralized carbonatite breccia facies 35<br />

Figure 13: High resolution magnetic survey 37<br />

Figure 14: Historical drill hole location, REEs exploration program 40<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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