# IAMGOLD Reports Fourth Quarter and Year-End 2025 Results

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249

Original source: https://money.tmx.com/en/quote/IMG/news/8174880019643564/iamgold-reports-fourth-quarter-and-year-end-2025-results

Publisher: tmx

Original announcement: 2026-02-18T00:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: IAMGOLD Corporation

- Ticker: IMG

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Production, Resource update, Drill results

- Extracted: 2026-09-12 07:13:13 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

IAMGOLD Corporation reported record financial and operating results for Q4 and full-year 2025, including adjusted EBITDA of $1.5 billion and attributable gold production of 765,900 ounces. The company significantly reduced its net debt by $514.9 million and initiated a share buyback program. Additionally, IAMGOLD announced a 16% increase in Measured and Indicated Mineral Resources and reported high-grade drill intercepts from its Nelligan and Monster Lake projects, highlighting strong growth potential and operational improvements at Côté Gold.

Reasoning: IAMGOLD reported strong financial and operating results for 2025, including record production and cash flow, significant debt reduction, and a new share buyback program. The company also announced substantial increases in its gold resources, particularly at the Nelligan Mining Complex and Côté Gold, supported by high-grade drill results. While Westwood's production was below guidance and Essakane's grades declined, the overall picture is positive with a focus on growth and shareholder returns.

- Positive factor: Record financial performance with adjusted EBITDA of $1.5 billion and record mine-site free cash flow of $1.2 billion for 2025.

- Positive factor: Record attributable gold production of 765,900 ounces for 2025, achieving the mid-point of guidance.

- Positive factor: Significant debt reduction of $514.9 million, lowering net debt to $344.4 million.

- Positive factor: Substantial increase in Measured and Indicated Mineral Resources \(16% to 31.0 Moz Au\) and Inferred Mineral Resources \(Nelligan Mining Complex\).

- Positive factor: High-grade drill intercepts reported at Nelligan and Monster Lake projects, indicating strong exploration potential.

- Positive factor: Côté Gold achieved top-end of production guidance and nameplate throughput ahead of schedule, with plans for future expansion.

- Positive factor: Share buyback program initiated, demonstrating commitment to shareholder returns.

- Negative factor: Westwood production was below the bottom end of its 2025 guidance range.

- Negative factor: Overall P&P Mineral Reserves decreased by 7% due to depletion.

- Negative factor: Essakane M&I Mineral Resources saw a 26% decrease in grades, despite tonnage increase.

- Negative factor: Essakane's ownership interest decreased from 90% to 85% mid-year 2025.

Facts used in scoring: 70

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### NE-25-239

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-58)

Nelligan · gold

#### Identity

- Hole ID: NE-25-239
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 1.93
- Grade Unit: g/t
- Intercept: 20.6 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept confirms the extension of mineralized zones at Nelligan, indicating continued exploration success.

- Positive factor: Good grade over a significant width.

Evidence · text

> 20.6 m at 1.93 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-239

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-59)

Nelligan · gold

#### Identity

- Hole ID: NE-25-239
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 2.17
- Grade Unit: g/t
- Intercept: 13.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept further confirms the extension of mineralized zones at Nelligan.

- Positive factor: Good grade over a solid width.

Evidence · text

> 13.5 m at 2.17 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-265

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-60)

Nelligan · gold

#### Identity

- Hole ID: NE-25-265
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 3.03
- Grade Unit: g/t
- Intercept: 36.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Zone 36
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept highlights high-grade mineralization over a substantial width in Zone 36 at Nelligan.

- Positive factor: Strong grade over a significant width in Zone 36.

Evidence · text

> 36.5 m at 3.03 g/t Au in hole NE-25-265 in Zone 36

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-244

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-61)

Nelligan · gold

#### Identity

- Hole ID: NE-25-244
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 3.24
- Grade Unit: g/t
- Intercept: 24.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept indicates high-grade mineralization over a substantial width at Nelligan.

- Positive factor: Strong grade over a significant width.

Evidence · text

> 24.5 m at 3.24 g/t Au in drill hole NE-25-244

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-248

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-62)

Nelligan · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NE-25-248
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 28.8 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Renard Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept confirms mineralization in the Renard Zone at Nelligan over a good width.

- Positive factor: Good width with economic grade in the Renard Zone.

Evidence · text

> 28.8 m at 1.00 g/t Au in drill hole NE-25-248 in the Renard Zone

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-244

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-63)

Nelligan · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NE-25-244
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 2.23
- Grade Unit: g/t
- Intercept: 21 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept further confirms mineralization over a good width at Nelligan.

- Positive factor: Good grade over a significant width.

Evidence · text

> 21.0 m at 2.23 g/t Au in drill hole NE-25-244

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-256A

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-64)

Nelligan · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NE-25-256A
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 7.48
- Grade Unit: g/t
- Intercept: 7.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept shows high-grade mineralization at Nelligan, contributing to the overall prospectivity.

- Positive factor: High-grade intercept over a good width.

Evidence · text

> 7.5 m at 7.48 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### NE-25-256A

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-65)

Nelligan · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: NE-25-256A
- Project: Nelligan
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 1.22
- Grade Unit: g/t
- Intercept: 34.5 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept shows good mineralization over a significant width at Nelligan.

- Positive factor: Good width with economic grade.

Evidence · text

> 34.5 m at 1.22 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results confirming the extension of the mineralized zones of Nelligan deposit.

Evidence · text

> assay results confirming the extension of the mineralized zones of Nelligan deposit

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### ML-25-282

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-66)

Monster Lake · gold

#### Identity

- Hole ID: ML-25-282
- Project: Monster Lake
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 12.66
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Megane Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept indicates persistent high-grade veins in the Megane Zone at Monster Lake.

- Positive factor: High-grade intercept in the Megane Zone.

Evidence · text

> 3.0 m at 12.66 g/t Au in drill hole ML-25-282

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 12.66 g/t Au over 3.0 m is a high-grade intercept for gold.

Evidence · text

> 12.66 g/t Au

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone.

Evidence · text

> assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### ML-25-292

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-67)

Monster Lake · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML-25-292
- Project: Monster Lake
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 23.4
- Grade Unit: g/t
- Intercept: 9 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Megane Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept represents a bonanza-grade result over a substantial width, indicating strong mineralization in the Megane Zone.

- Positive factor: Exceptional high-grade intercept over a significant width in the Megane Zone.

Evidence · text

> 9.0 m at 23.4 g/t Au in drill hole ML-25-292 in the Megane Zone

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 23.4 g/t Au over 9.0 m is an exceptionally high-grade intercept for gold.

Evidence · text

> 23.4 g/t Au

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone.

Evidence · text

> assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### ML-25-283

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-68)

Monster Lake · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML-25-283
- Project: Monster Lake
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 127.3
- Grade Unit: g/t
- Intercept: 4.9 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Main Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept is an exceptionally high-grade result, indicating bonanza-grade mineralization at Monster Lake.

- Positive factor: Extremely high-grade intercept over a good width.

Evidence · text

> 4.9 m at 127.3 g/t Au in drill hole ML-25-283

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 127.3 g/t Au over 4.9 m is an exceptionally high-grade intercept for gold.

Evidence · text

> 127.3 g/t Au

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone.

Evidence · text

> assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

### ML-25-287

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-drill-facts-69)

Monster Lake · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: ML-25-287
- Project: Monster Lake
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: IMG

#### Geometry

- Grade: 39.4
- Grade Unit: g/t
- Intercept: 2.2 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Lower Shear Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-09-15T00:00:00.000Z

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: This intercept shows very high-grade mineralization in the Lower Shear Zone at Monster Lake.

- Positive factor: Very high-grade intercept in the Lower Shear Zone.

Evidence · text

> 2.2 m at 39.4 g/t Au in drill hole ML-25-287 in the Lower Shear Zone

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 39.4 g/t Au over 2.2 m is a very high-grade intercept for gold.

Evidence · text

> 39.4 g/t Au

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: Assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone.

Evidence · text

> assay results indicating the persistence of the high-grade veins in the general down-plunge of the Megane zone

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The technical and scientific information was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD, a 'qualified person' as defined in NI 43-101.

Evidence · text

> The technical and scientific information relating to exploration activities disclosed in this document was prepared under the supervision of and verified and reviewed by Marie-France Bugnon, P.Geo., Vice President, Exploration, IAMGOLD. Ms. Bugnon is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\).

## Resource Estimates (3)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-resource-facts-47)

Consolidated · gold

#### Identity

- Project: Consolidated
- Commodity: gold
- Ticker: IMG

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- QP Signed: Yes
- Qualified person names: Christine Beausoleil, P.Geo., Adrienne Rispoli, P. Eng.
- Resource group id: resource:1ab5b7a12ce9ec85981b

#### Resource Data

- Category: measured
- Tonnes: 1000000000
- Grade: 0.94
- Grade Unit: g/t
- Contained Metal: 31
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Contained Metal: 26724137.93

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: The substantial increase in M&I Mineral Resources demonstrates successful resource conversion and project acquisitions, enhancing the company's long-term asset base.

- Positive factor: Significant 16% increase in M&I Mineral Resources.

- Positive factor: Increase primarily associated with conversion of Inferred Mineral Resources at Côté Gold and Nelligan, and inclusion of new deposits.

Evidence · text

> Measured and Indicated \("M&I"\) Mineral Resources \(100% basis\) increased 16% to 31.0 million ounces of gold in 1.0 billion tonnes \("Bt"\) at 0.94 g/t Au \(24.6 million ounces attributable\).

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 31 against 26724137.93 previously

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-resource-facts-48)

Consolidated · gold

#### Identity

- Project: Consolidated
- Commodity: gold
- Ticker: IMG

#### Resource scope

- Estimate type: reserve
- Effective date: 2025-12-31T00:00:00.000Z
- QP Signed: Yes
- Qualified person names: Christine Beausoleil, P.Geo., Adrienne Rispoli, P. Eng.
- Resource group id: resource:b6fff34149ad94c6b9a2

#### Resource Data

- Category: proven
- Tonnes: 279600000
- Grade: 1.1
- Grade Unit: g/t
- Contained Metal: 9.9
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Contained Metal: 10696774.19

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: Proven and Probable Mineral Reserves decreased due to depletion, partially offset by increases at Westwood, indicating a net reduction in reserves.

- Negative factor: P&P Mineral Reserves decreased 7%, or 796,000 ounces, from the prior year.

Evidence · text

> Proven and Probable \("P&P"\) Mineral Reserves \(100% basis\) total 9.9 million ounces of gold in 279.6 million tonnes \("Mt"\) at 1.10 g/t Au \(7.5 million ounces attributable\).

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/iamgold-reports-fourth-quarter-and-year-end-2025-results--ac34662e-4dad-47cc-8664-3901a7099249#fact-resource-facts-54)

Essakane · gold

#### Identity

- Project: Essakane
- Commodity: gold
- Ticker: IMG

#### Resource scope

- Estimate type: resource
- Effective date: 2025-12-31T00:00:00.000Z
- QP Signed: Yes
- Qualified person names: Christine Beausoleil, P.Geo., Adrienne Rispoli, P. Eng.
- Resource group id: resource:5a7004f7fb7b6bf15838

#### Resource Data

- Category: indicated
- Tonnes: 150000000
- Grade: 0.91
- Grade Unit: g/t
- Contained Metal: 4.4
- Contained Unit: moz

#### Prior Estimate

- Resource Date: 2025-12-31
- Prior Contained Metal: 3963963.96

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: Essakane's M&I Mineral Resources increased in contained metal and tonnage, but with a notable decrease in grade, indicating a trade-off for extended mine life.

- Positive factor: 11% increase in M&I Mineral Resources.

- Positive factor: 50% increase in tonnes, underscoring confidence in extending mine life.

- Negative factor: 26% decrease in grades.

Evidence · text

> Essakane M&I Mineral Resources, inclusive of Mineral Reserves on a 100% basis \(excluding Gossey\), increased 11% to an estimated 4.4 million ounces \(3.8 million ounces attributable\) as of December 31, 2025, with a 50% increase in tonnes \(to 150 Mt\) offsetting a 26% decrease in grades \(to 0.91 g/t Au, including stockpiles\).

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 4.4 against 3963963.96 previously

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.