IAMGOLD releases Quimsacocha pre-feasibility study

IAMGOLD Corporation, the top mid-tier gold producer, with annual production of close to 1 million ounces from eight different operations located in North America, South America and Africa, announces results of the pre-feasibility of its 100% owned Quimsacocha Gold Project located in Ecuador.

The Study was compiled by IAMGOLD Project Development Group, with the collaboration of Golder Associates, SNC Lavalin, Lakefield Research, Promas, Water Management Consultants, J. Kaehne Associates and Caminosca.

Joseph Conway, President and CEO of IAMGOLD, said results of the Study are highly encouraging and Quimsacocha continues to demonstrate that it is a very solid project for us.

We have been working in Ecuador for the past twelve years developing community programs and building positive government relations. We will continue to partner with all stakeholders to create new economic and social benefits for the people of Ecuador within a responsible mining framework, concluded Mr. Conway.