Page 73 ect basis and over 38 million ounces attributable to IAMGOLD added Letwin According to Letwin that represents an overall increase in IAMGOLD s attributable consolidated reserves by 49 a fgure that stands out in an industry challenged with reserve re placement Cote has signifcant ex ploration upside potential with more than 500square kilometres of explo ration rightsheld property surround ing the deposit That sets the stage for IAMG OLD to start on its feasibility study to support the permitting process The feasibility study is expec ted to be completed in the second half of 2018 Coinciding with the PFS IAMGOLD also announced a partnership with Sumitomo Metal Mining in which the Japanese company will acquire a 30 participating interest in the Cote Gold Project W e are looking forward to working with Sumi tomo to advanc e the Cote Gold Project towards de velopment said Letwin Sumitomo Metal Mining Co Ltd is a T okyo Ja panbased mining company and a global leader in the developme nt and mining of nonferrous metals As part of the agreement for a joint venture in de veloping the Cote Gold Project Sumitomo will pay an aggregate 195 million to IAMGOLD for a 30 undivided participating inter est in IAMGOLD s ownership interest in the mining project IAMGOLD will be the operator of the Cote Gold Project during development and once in operation Each party will be responsible for funding its pro portionate share of expenditures including initial and sustaining capital expenditures for the Cote Gold Project Sumitomo s indepth expertise in building and operating mines will compl ement IAMGOLD s proven track record as a successful mine builder and operator Additionally IAMGOLD will beneft from Sumi tomo s access to Japanese suppliers to the mining industry which will comple ment where needed existing supplier networks within Ontario The news has brought a renewed vigour and opti mism at IAMGOLD about the Cote Gold Project C o n t a c t o u r s a l e s t e a m a t 7 0 5 8 9 7 4 9 5 5 S p e c i a l p u r p o s e m i n i n g v e h i c l e s M o b i l e e q u i p m e n t p a r t s C u s t o m m a c h i n i n g f a b r i c a t i o n Inno v a tiv e Solutions Right Solutions Right P ar tner alsglobalc om Find out mor e when y ou visit us online or cal l 1 705 560 7225 Servicing the R esour c e Lif e C y cle WITH Sumitomo s expertise complements IAMGOLD s track r ecord