TORONTO, Feb. 13, 2017 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today provided an update from its initial exploration program at the Saramacca project located 25 kilometres southwest of its Rosebel Gold Mine ("RGM'), in Suriname. The company is reporting final assay results from the 2016 drilling program comprising approximately 14,600 metres from 67 diamond drill holes and 4,500 metres from 37 reverse circulation ("RC") drill holes.

The assay results are provided in Table 1 and 2 below and include the following highlights:

(A drill hole plan map is attached to this news release.)



    -- SMDD16-002:                    22.5 metres grading
                                     2.79 g/t Au

                                     13.5 metres grading
                                     3.24 g/t Au

                                     17.7 metres grading
                                     2.51 g/t Au

                                     18.0 metres grading
                                     5.35 g/t Au


     -- SMDD16-012:                   78.0 metres grading
                                      3.98 g/t Au


    --  SMDD16-017:                   24.0 metres grading
                                      4.78 g/t Au

                                     12.0 metres grading
                                      2.75 g/t Au


     -- SMDD16-042:                   55.5 metres grading
                                      1.99 g/t Au

                                     13.5 metres grading
                                      2.80 g/t Au

                                     46.5 metres grading
                                      5.22 g/t Au


    --  SMDD16-053:                   101.0 metres grading
                                      4.31 g/t Au

"The potential of the Saramacca property and the neighbouring Sarafina property will leverage off of our existing infrastructure and represent an excellent brownfield opportunity with greenfield excitement," said Steve Letwin, President and Chief Executive Officer for IAMGOLD. "I'm very proud of what the Rosebel team has done to reinvent their mine through cost reductions and performance improvements. Their hard work has extended the mine life well beyond our previous expectations and has given them the time to acquire access to and explore the potential of properties such as Saramacca. The encouraging results from the 2016 drill program at Saramacca indicate that this property has the potential to be transformative for the future of Rosebel and very beneficial to all our stakeholders, including our partner the Government of Suriname, just as we envisaged when we bought this property."

Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: "First I want to recognize the efforts of our exploration team to advance the Saramacca project so quickly since its acquisition. The assay results from the 2016 drilling program are encouraging and appear to confirm the presence of significant mineralization. It is particularly pleasing to note the amount of mineralized intersections in 'soft' saprolite extending to depths of up to 100 metres. With continued success, we expect our 2017 infill drilling program to ultimately lead to the estimation of an initial resource for this project, which would mark a significant milestone for our exploration program at Rosebel."

2016 Exploration Program

The Saramacca project is strategically located approximately 25 kilometers southwest of the Rosebel Gold Mine milling facility. Mineralization is hosted in the Paramaka Formation within the lower part of the Marowijne Greenstone Belt, which is dominated by metamorphosed dacite, rhyolite, basalt and andesite lithologies in the project area. These are traversed by the regional, northwest trending Saramacca shear zone, an important deformation zone for the localization of gold mineralization.

The 2016 drilling program was designed to duplicate a number of historic mineralized drilling intersections obtained by previous explorers as well as test the full strike and width of the interpreted mineralized footprint on a nominal 100 x 50 metre drill hole spacing. Duplicate holes successfully confirmed previous exploration results. As well, many holes intersected mineralization hosted in soft saprolite to depths from surface ranging between 50 to 100 metres. The program has confirmed the presence of multiple mineralized structures within an approximately 2 kilometres long and 600 metres wide corridor. Mineralization remains open along strike and at depth.

Three mineralization types are recognized from the drilling to date: breccia hosted mineralization characterized by jigsaw, crackle and matrix supported breccias; shear hosted mineralization characterized by well-developed pyritic disseminations and stringers; and irregular pyrite-quartz-carbonate veins which locally carry high gold grades.

Next Steps

The 2017 exploration program has commenced, with 2 diamond drill rigs currently operating. A phase I drilling program comprised of approximately 15,000 metres of diamond drilling will focus on completing a 50 x 50 metre infill drilling pattern to further define and confirm continuity of the key mineralized structures. Results will be incorporated into a deposit model to support an initial NI 43-101 compliant resource estimate expected for completion by the third quarter 2017.

In addition, geological mapping and geophysical surveys will commence along the Saramacca structural corridor to define further targets for drill testing.

About the Saramacca Project

The Saramacca property has been explored since the 1990's principally by Golden Star and later as a joint venture between Golden Star Resources Ltd. ("Golden Star") and Newmont Mining Corporation. Much of that work focused on the discovery and delineation of Anomaly M, which was the subject of successive auger and diamond drilling programs with over 50 diamond drill holes and over 200 auger holes completed in the anomaly area. Evaluation of this work suggests an exploration target potential of between 8 and 40 million tonnes grading between 1.0 and 1.8 g/t Au for potentially 0.5 to 1.4 million contained ounces of gold. The potential quantity and grade are conceptual in nature and insufficient exploration work has been completed to date to define a mineral resource. The property will require significant future exploration to advance to a resource stage and there can be no certainty that the exploration target will result in a mineral resource being defined.

On August 30, 2016, the Company signed a letter of intent with the Government of Suriname to acquire rights to the Saramacca property, with the intent of defining a National Instrument 43-101 compliant mineral resource within 24 months. The terms of the letter included an initial payment of $0.2 million, which enabled immediate access to the property for Rosebel's exploration team to conduct due diligence, as well as access to the data from previous exploration activity at the Saramacca property. On September 30, 2016, having been satisfied with the results of the due diligence, the Company ratified the letter of intent to acquire the Saramacca property and subsequently paid $10 million in cash and agreed to issue 3.125 million IAMGOLD common shares to the Government of Suriname in three approximately equal annual instalments on each successive anniversary of the date the right of exploration was transferred to Rosebel (December 14, 2016). In addition, the agreement provides for a potential upward adjustment to the purchase price based on the contained gold ounces identified by Rosebel in National Instrument 43-101 measured and indicated resource categories , within a certain Whittle shell over the first 24 months, to a maximum of $10 million.

The Saramacca project falls within the "UJV" area as defined in an Agreement with the Government of Suriname announced on April 15, 2013. The Agreement establishes a joint venture growth vehicle under which Rosebel would hold a 70% participating interest and the Government will acquire a 30% participating interest on a fully-paid basis.

Qualified Persons and Technical Information

The drilling results contained in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").

The "Qualified Person" responsible for the supervision of the preparation, verification and review of the technical information in this release is Ian Stockton, MAusIMM, MAIG, Exploration Manager for IAMGOLD in Suriname. He is considered a "Qualified Person" for the purposes of National Instrument 43-101 with respect to the technical information being reported on. The technical information has been included herein with the consent and prior review of the above noted Qualified Person.

The information in this news release was reviewed and approved by Craig MacDougall, P.Geo., Senior Vice President, Exploration for IAMGOLD. Mr. MacDougall is a Qualified Person as defined by National Instrument 43-101.

The sampling of, and assay data from, drill core is monitored through the implementation of a quality assurance - quality control (QA-QC) program designed to follow industry best practice. Drill core (HQ and NQ size) samples are selected by the IAMGOLD geologists and sawn in half with a diamond saw at the Rosebel mine site. Half of the core is retained at the site for reference purposes. Sample intervals may vary from half a metre to one and a half metres in length depending on the geological observations.

Reverse circulation samples (RC) are passed through a rotary splitter and collected in 1 metre intervals and combined to form 2 metre assay intervals, (except wet samples which are sampled without the splitter) for submission of a 4 - 5 kilogram sample to the assay lab. The 1 metre samples are maintained for future reference and a reference sample is collected and stored in a chip tray. QA-QC is carried out as per above.

Samples are transported in sealed bags to FILAB in Paramaribo, Suriname, a representative lab of ALS. FILAB is an ISO 9001 (2008) and ISO/IEC 170250 accredited laboratory. Samples are weighed and coarse crushed to <2.5 mm, and 350-450grams is Pulverized to 85% passing<100 m. Samples are analyzed for gold using standard fire assay technique with a 50 gram charge and an Atomic Absorption (AA) finish. Multi-element analysis (40 elements) using ICPAES multi-acid digest is also undertaken. IAMGOLD inserts blanks and certified reference standard in the sample sequence for quality control. Samples representative of the various lithologies are collected from each drill hole and measured for bulk density at the site RGM laboratory.

Forward Looking Statement

This news release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding expected, estimated or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "will", "should", "continue", "expect", "estimate", "believe", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to meet expected, estimated or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets and other risks disclosed in IAMGOLD's most recent Form 40-F/Annual Information Form on file with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

About IAMGOLD

IAMGOLD (www.iamgold.com) is a mid-tier mining company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a strong financial position with extensive management and operational expertise.

Please note:
This entire news release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CNW Group's website at www.newswire.ca. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.

Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le http://www.iamgold.com/French/accueil/default.aspx.

Table 1 - Diamond drill hole assays



               HOLE-ID       Local UTM grid End of Hole (m)   Az        Dip    From (m)   To (m)  Interval (m)   Au (g/t)
               -------       -------------- ---------------  ---        ---    -------    -----   -----------    --------

    Easting                  Northing                            Elevation
    -------                  --------                            ---------

    SMDD16-001                        31845            64556      704        73         215      -45             0.0        10.5        10.5 2.76
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

    SMDD16-002                        32058            64365      733       300         215      -50             3.0        25.5        22.5 2.79
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                        76.5           90.0             13.5     3.24
                        ----           ----             ----     ----

                        96.0          106.5             10.5     1.23
                        ----          -----             ----     ----

                       177.0          194.7             17.7     2.51
                       -----          -----             ----     ----

                       208.5          226.5             18.0     5.35
                       -----          -----             ----     ----

                       232.5          243.0             10.5     1.06
                       -----          -----             ----     ----

    SMDD16-003                        32127            64279      737       153         215      -50            88.5       117.5        29.0 2.35
    ----------                        -----            -----      ---       ---         ---      ---            ----       -----        ---- ----

    SMDD16-004                        32068            64202      777       179         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-005                        31991            64425      736       120         214      -51            42.0        52.5        10.5 2.20
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

    SMDD16-006                        32114            64262      743       126         215      -45            43.5        50.0         6.5 0.42
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

    SMDD16-007                        32058            64182      787       158         215      -45             1.2         9.0         7.8 0.95
    ----------                        -----            -----      ---       ---         ---      ---             ---         ---         --- ----

    SMDD16-008                        31852            64607      695       185         215      -50             0.8        21.0        20.3 1.53
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                       157.5          167.6             10.1     6.50
                       -----          -----             ----     ----

    SMDD16-009                        32184            64242      741       197         215      -53            84.0        96.9        12.9 2.59
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

                       157.5          163.0              5.5     1.27
                       -----          -----              ---     ----

    SMDD16-010                        32245            64075      798       213         215      -50            93.0        99.0         6.0 0.76
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

                       159.0          168.0              9.0     2.61
                       -----          -----              ---     ----

    SMDD16-011                        32002            64297      745       180         215      -50             3.0        11.5         8.5 5.35
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----         --- ----

                        31.5           64.5             33.0     2.22
                        ----           ----             ----     ----

                        76.5           94.5             18.0     5.44
                        ----           ----             ----     ----

    SMDD16-012                        31911            64503      723       162         215      -50             0.0        18.0        18.0 0.49
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                                       34.5            112.5     78.0      3.98
                                       ----            -----     ----      ----

    SMDD16-013                        32578            63584      899       102         215      -50             0.0        21.0        21.0 3.19
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                                       30.0             54.0     24.0      0.85
                                       ----             ----     ----      ----

    SMDD16-014                        31978            64251      766       132         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-015                        32579            63651      886       239         215      -50             3.0         9.0         6.0 0.54
    ----------                        -----            -----      ---       ---         ---      ---             ---         ---         --- ----

                       109.5          120.0             10.5     0.63
                       -----          -----             ----     ----

                       136.5          148.5             12.0     2.94
                       -----          -----             ----     ----

                       191.2          204.0             12.8     1.60
                       -----          -----             ----     ----

    SMDD16-016                        32739            63380      893       171         212      -52             0.0         7.3         7.3 2.48
    ----------                        -----            -----      ---       ---         ---      ---             ---         ---         --- ----

                       120.0          139.5             19.5     3.12
                       -----          -----             ----     ----

    SMDD16-017                        32781            63273      913       221         215      -50            25.5        49.5        24.0 4.78
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

                        57.0           69.0             12.0     2.75
                        ----           ----             ----     ----

                        76.5           84.0              7.5     0.41
                        ----           ----              ---     ----

                        90.0           96.0              6.0     0.76
                        ----           ----              ---     ----

                       103.5          121.5             18.0     1.51
                       -----          -----             ----     ----

    SMDD16-018                        32023            64655      688       180         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-019                        32524            63669      869       181         215      -50            52.5        64.0        11.5 1.69
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

                       115.5          133.5             18.0     6.14
                       -----          -----             ----     ----

    SMDD16-020                        31977            64596      704       216         215      -50           193.2       198.5         5.3 3.36
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----         --- ----

    SMDD16-021                        32347            63877      853       178         215      -45            18.0        27.0         9.0 1.70
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

    SMDD16-022                        32953            63343      883       107         215      -50            23.3        31.5         8.2 1.14
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

    SMDD16-023                        32290            63994      821       140          35      -55            64.5        82.5        18.0 1.87
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

    SMDD16-024                        32897            63306      893       200         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-025                        32146            64150      788       302         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-026                        31951            64550      713       279         215      -50            57.0        66.0         9.0 0.95
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

                        81.0           93.0             12.0     0.85
                        ----           ----             ----     ----

                       183.0          192.0              9.0     2.09
                       -----          -----              ---     ----

                       213.0          221.0              8.0     0.78
                       -----          -----              ---     ----

    SMDD16-027                        32980            63251      894       195         215      -50            49.5        61.7        12.2 4.52
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

                       117.0          136.5             19.5     1.00
                       -----          -----             ----     ----

    SMDD16-028                        32245            64112      787       235         215      -50           120.0       126.0         6.0 0.66
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----         --- ----

                       198.0          207.0              9.0     1.46
                       -----          -----              ---     ----

    SMDD16-029                        32972            63401      865       204         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-030                        32308            64179      746       128         215      -51            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-031                        31962            64408      742       182         215      -50             0.0        12.3        12.3 2.07
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                        27.0           34.5              7.5     0.90
                        ----           ----              ---     ----

    SMDD16-032                        32845            63223      908       257         215      -50            10.5        37.5        27.0 1.74
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

                       132.0          141.0              9.0     2.94
                       -----          -----              ---     ----

                       162.0          168.0              6.0     3.55
                       -----          -----              ---     ----

    SMDD16-033                        32177            64181      768       278         215      -47            46.7        55.5         8.8 5.95
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

                        69.5           80.0             10.5     0.74
                        ----           ----             ----     ----

    SMDD16-034                        32117            64094      818       370         215      -47             1.5        17.0        15.5 3.16
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

    SMDD16-035                        32004            64464      726       278         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-036                        32960            63210      897       171         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-037                        32195            64042      818       231         215      -50            78.0        85.5         7.5 3.58
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

    SMDD16-038                        32240            64274      722       336         215      -50            18.0        27.0         9.0 3.41
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

                        36.0           43.5              7.5     0.84
                        ----           ----              ---     ----

                       220.5          228.0              7.5     1.99
                       -----          -----              ---     ----

    SMDD16-039                        32911            63154      900       321         215      -50           167.3       180.0        12.7 3.63
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----        ---- ----

                       246.0          262.5             16.5     0.48
                       -----          -----             ----     ----

    SMDD16-040                        32342            63912      847       189         215      -50           132.0       139.5         7.5 2.78
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----         --- ----

    SMDD16-041                        31817            64529      707       144         215      -50             0.0        19.5        19.5 1.15
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

    SMDD16-042                        32079            64397      731       395         215      -52             0.0        55.5        55.5 1.99
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                       197.0          210.5             13.5     2.80
                       -----          -----             ----     ----

                       216.5          263.0             46.5     5.22
                       -----          -----             ----     ----

    SMDD16-043                        31881            64631      691       267         215      -50             1.5        13.5        12.0 1.27
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

    SMDD16-044                        32449            63890      843       131         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-045                        32734            63238      917       155         215      -50             1.5        18.0        16.5 2.76
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

    SMDD16-046                        31890            64469      729       152         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-047                        32411            63988      804       347         215      -50           130.5       138.0         7.5 8.05
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----         --- ----

    SMDD16-048                        32369            63951      824       267         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-049                        31929            64361      752       173         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-050                        32308            64032      807       320         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-051                        32053            64534      711       375         215      -50           295.5       306.0        10.5 1.38
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----        ---- ----

                       344.0          357.5             13.5     0.63
                       -----          -----             ----     ----

    SMDD16-052                        32732            63241      917       192         215      -50             9.0        19.5        10.5 1.41
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

    SMDD16-053                        32338            64062      800       176         215      -50            10.5       111.5       101.0 4.31
    ----------                        -----            -----      ---       ---         ---      ---            ----       -----       ----- ----

    SMDD16-054                        32399            63806      870       186         215      -50            50.0        61.5        11.5 2.21
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----        ---- ----

                        72.0           94.5             22.5     6.08
                        ----           ----             ----     ----

    SMDD16-055                        32353            64075      792       322         215      -50           141.3       154.5        13.2 2.82
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----        ---- ----

                       173.8          181.3              7.5     3.17
                       -----          -----              ---     ----

    SMDD16-056                        32804            63338      903       295         215      -50             0.0        34.5        34.5 0.85
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                       151.5          175.5             24.0     4.51
                       -----          -----             ----     ----

    SMDD16-057                        32129            64469      723       154         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-058                        32371            63764      884       164         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-059                        31652            64671      645       215         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-060                        32149            64326      721       348          35      -51             1.5        24.0        22.5 0.57
    ----------                        -----            -----      ---       ---         ---      ---             ---        ----        ---- ----

                       123.0          132.5              9.5     1.34
                       -----          -----              ---     ----

                       138.5          144.5              6.0     0.52
                       -----          -----              ---     ----

                       193.5          199.3              5.8     0.76
                       -----          -----              ---     ----

    SMDD16-061                        32349            63546      900       351         215      -50           250.5       256.5         6.0 0.50
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----         --- ----

    SMDD16-062                        31697            64716      662       326         215      -50            33.0        40.5         7.5 0.46
    ----------                        -----            -----      ---       ---         ---      ---            ----        ----         --- ----

    SMDD16-063                        32622            63438      901       225         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-064                        31723            64756      656       239         215      -50           112.5       123.5        11.0 7.76
    ----------                        -----            -----      ---       ---         ---      ---           -----       -----        ---- ----

    SMDD16-065                        32095            64231      760       246         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-066                        31762            64811      645       239         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

    SMDD16-067                        32552            63496      898       155         215      -50            No significant results
    ----------                        -----            -----      ---       ---         ---      ---            ----------------------

Notes:
1. Drill hole intercepts are calculated using a 0.50 g/t Au assay cut-off and 5m minimum length
2. Assays are reported uncut
3. True widths are unknown at this stage

Table 2 - Reverse circulation (RC) drill hole assays



               HOLE-ID        Local UTM grid End of Hole (m)       Az      Dip    From (m)   To (m)  Interval (m)   Au (g/t)
               -------        -------------- ---------------      ---      ---    -------    -----   -----------    --------

    Easting                   Northing                       Elevation
    -------                   --------                       ---------

    SMRC16-001                         32210            64420          715     102         215      -50           26.00       30.00        4.00  1.45
    ----------                         -----            -----          ---     ---         ---      ---           -----       -----        ----  ----

    SMRC16-002                         32295            64326          710      66         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-003                         32341            64253          721     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-004                         32058            64025          853     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-005                         31998            64099          828     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-006                         32236            63931          849     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-007                         32469            63563          869     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-008                         32553            63494          898     148         215      -50          100.00      128.00       28.00  9.60
    ----------                         -----            -----          ---     ---         ---      ---          ------      ------       -----  ----

    SMRC16-009                         32568            63369          916     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-010                         32638            63292          917      32         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-011                         32650            63288          916     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-012                         33056            63364          869     150         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-013                         33010            63438          858     102         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-014                         32875            63455          869     130         215      -50               -      10.00       10.00  2.65
    ----------                         -----            -----          ---     ---         ---      ---             ---      -----       -----  ----

                       108.00         112.00             4.00         5.05
                       ------         ------             ----         ----

    SMRC16-015                         32917            63511          856     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-016                         32813            63546          861     120         215      -50           18.00       28.00       10.00  2.67
    ----------                         -----            -----          ---     ---         ---      ---           -----       -----       -----  ----

    SMRC16-017                         32849            63582          853     108         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-018                         32733            63589          877     150         215      -50               -       8.00        8.00  1.21
    ----------                         -----            -----          ---     ---         ---      ---             ---       ----        ----  ----

    SMRC16-019                         32663            63672          877     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-020                         32774            63637          864     150         215      -50           42.00       50.00        8.00  2.26
    ----------                         -----            -----          ---     ---         ---      ---           -----       -----        ----  ----

                        84.00          92.00             8.00         1.63
                        -----          -----             ----         ----

    SMRC16-021                         32703            63726          862     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-022                         32591            63729          863     132         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-023                         32642            63779          850     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-024                         32532            63827          862     120         215      -49            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-025                         32579            63890          847     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-026                         32479            63929          830     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-027                         32523            63968          825     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-028                         32472            64081          783     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-029                         32456            64028          800     132         215      -50           30.00       34.00        4.00  2.69
    ----------                         -----            -----          ---     ---         ---      ---           -----       -----        ----  ----

    SMRC16-030                         32439            64192          747     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-031                         32387            64148          756     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-032                         31976            65125          566     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-033                         31961            65069          568     120         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-034                         31888            64998          595     130         215      -50            2.00        6.00        4.00  0.61
    ----------                         -----            -----          ---     ---         ---      ---            ----        ----        ----  ----

    SMRC16-035                         31852            64929          619     130         215      -50            No significant results
    ----------                         -----            -----          ---     ---         ---      ---            ----------------------

    SMRC16-036                         32056            64702          674     150         215      -50               -       8.00        8.00  0.95
    ----------                         -----            -----          ---     ---         ---      ---             ---       ----        ----  ----

    SMRC16-037                         31908            64671          673     114         215      -50          108.00      112.00        4.00  1.02
    ----------                         -----            -----          ---     ---         ---      ---          ------      ------        ----  ----

Notes:
1. Drill hole intercepts are calculated using a 0.50 g/t Au assay cut-off and 4m minimum length
2. Assays are reported uncut
3. True widths are unknown at this stage

SOURCE IAMGOLD Corporation