IAMGOLD & AVNEL GOLD ANNOUNCE OPTION AGREEMENT ON THE KALANA GOLD PROJECTOption Agreement • August 11th, 2009 • Iamgold Corp • Gold and silver ores
Toronto, Ontario, August 11, 2009 – IAMGOLD Corporation (“IAMGOLD”) and Avnel Gold Mining Limited (“Avnel”) have entered into an option agreement (the “Option Agreement”) whereby IAMGOLD has the option to acquire up to an initial 51% interest in Avnel’s 80% interest in Société d’Exploitation de Mines d’Or de Kalana (the “Kalana project”) in Mali, West Africa. All amounts shown are in US dollars unless otherwise indicated.
