IAMGOLD drilling extends Nelligan gold deposit below 600 metres
IAG•IAMGOLD said drilling extended the Nelligan deposit below 600 metres, and increased its 2026 drilling program to 30,000 metres from 18,000 metres. At Monster Lake, an intersection returned 7.3 metres grading 49.6 grams of gold per metric ton.
1. Nelligan drilling
IAMGOLD reported that drilling extended mineralization at its wholly owned Nelligan Mining Complex in Quebec, with the deposit extended below 600 metres vertically. The company increased its 2026 drilling program to 30,000 metres from 18,000 metres.
2. Other project results
At Monster Lake, drilling returned 7.3 metres grading 49.6 grams of gold per metric ton and extended the Megane Zone to 600 metres deep. Initial drilling at Philibert confirmed previously defined zones and grades, indicating additional potential at depth. The Nelligan results will support an updated mineral resource estimate targeted for year-end 2026.
