IAMGOLD boosts Côté Gold M&I resource ahead of expansion study
IAMGOLD Corp (TSX:IMG, NYSE:IAG) reported a consolidated measured and indicated mineral resource of 20.3 million ounces of gold for its Côté Gold mine in Ontario, an increase of approximately 2.2 million ounces, or 12%, from its December 31, 2025 statement. The updated estimate integrates the...
IAMGOLD Corp(TSX:IMGNYSE:IAG) View Price & Profile IAMGOLD boosts Côté Gold M&I resource ahead of expansion study
Published: 11:59 01 Jun 2026 EDT
IAMGOLD Corp (TSX:IMG, NYSE:IAG) reported a consolidated measured and indicated mineral resource of 20.3 million ounces of gold for its Côté Gold mine in Ontario, an increase of approximately 2.2 million ounces, or 12%, from its December 31, 2025 statement.
The updated estimate integrates the Côté and Gosselin zones into a single consolidated block model.
On a 100% basis, the Côté zone holds 12.7 million measured and indicated ounces, up 13%, and the Gosselin zone holds 7.4 million ounces, up 8%, while consolidated inferred resources rose 61% to 3.5 million ounces.
The update applies a gold price assumption of $2,500 per ounce and a cut-off grade of 0.25 grams per tonne, down from 0.30 g/t previously.
"This updated mineral resource estimate combines the Côté and Gosselin zones within a single geological framework, an important technical milestone as we move toward the expansion study and updated mine plan expected in the fourth quarter," said Renaud Adams, CEO of IAMGOLD.
The consolidated model will inform an upcoming Côté Gold technical report and mine plan, on track for the fourth quarter of 2026, which is expected to evaluate a plant expansion and a larger-scale mining scenario across the combined resource.
IAMGOLD is a gold mining company listed on the NYSE and the Toronto Stock Exchange, with the Côté Gold mine in Ontario operated through a 70/30 joint venture with Sumitomo Metal Mining.