IAMGOLD (IAG) Completes Two Acquisitions

Previously, connected December 19, IAMGOLD Corporation (NYSE:IAG) reported that it had completed its program of statement to get each of the issued and outstanding communal shares of Northern Superior Resources Inc. As a effect of this transaction, Northern Superior became a wholly-owned subsidiary of the company.

This woody adds Northern Superior’s important onshore bundle and cardinal deposits, including Philibert, Chevrier and Croteau, to IAMGOLD Corporation’s (NYSE:IAG) Nelligan and Monster Lake Projects. Together, these assets signifier the combined “Nelligan Mining Complex,” which is 1 of the largest pre-production golden camps successful Canada, with Measured and Indicated Mineral Resources of 3.75 cardinal ounces of golden and Inferred Mineral Resources of 8.65 cardinal ounces.

The superior deposits are located adjacent to each other. IAMGOLD Corporation (NYSE:IAG) believes this supports a program for a cardinal processing installation that would beryllium fed by aggregate ore sources wrong a 17-kilometre radius.

IAMGOLD Corporation (NYSE:IAG) is simply a Canadian intermediate golden shaper and developer with operations successful North America and West Africa.

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