IAMGOLD Corporation and Auriginal Mining Corp. have begun an 8‑hole, 1,600‑meter drilling program at the Anik joint‑venture property, located just southwest of Chapais, Quebec, adjacent to IAMGOLD’s Nelligan Gold Project. The joint venture, in which IAMGOLD holds a 75% interest and Auriginal 25%, was formed under an earn‑in agreement signed in 2020 and completed by IAMGOLD in May 2025.
The program, scheduled to finish in February 2026, targets the north‑central portion of the Anik property, the eastern continuation of the Nelligan Deformation Zone that hosts the Nelligan Gold Deposit. Each hole averages 200 meters, and the drilling will focus on high‑priority targets identified in earlier campaigns, including a 2.82 g/t Au over 6.3 m and a 1.46 g/t Au over 6.6 m, as well as a 9.76 g/t Au over 1.5 m found in the Opawica West area.
These historic intersections underscore the potential for significant gold resources. Successful results could add to IAMGOLD’s proven and probable reserves, support future mine planning, and reinforce the company’s Canadian‑focused growth strategy. The Anik JV is a key component of the broader Nelligan Mining Complex, which also includes the Nelligan, Monster Lake, and recently acquired properties from Northern Superior Resources.
Peter Cashin, CEO of Auriginal, said the partnership “provides an opportunity to supplement the significant resource potential of the area” and highlighted the strategic advantage of the Anik property’s proximity to the Nelligan Gold Project. IAMGOLD’s CEO, Renaud Adams, has emphasized the Nelligan Mining Complex as a cornerstone of the company’s growth pipeline, noting a $25 million exploration budget for 2026.
While no immediate market reaction has been reported, the drilling program is expected to strengthen IAMGOLD’s resource base and could influence future production forecasts, positioning the company for continued expansion in Quebec’s high‑grade gold district.
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