Canadian gold miner Iamgold outlined on Monday promising drill results from exploration near its existing mines in Burkina Faso and Suriname.

Toronto-based Iamgold said drilling at the Gossey-Korizena trend near its Essakane mine in Burkina Faso in West Africa has shown excellent promise.

Iamgold also said it encountered significant mineralized intersections at its Koemboe prospect, near its Rosebel mine in Suriname in South America.

The company said it is continuing to work on more than 18 grassroots projects in Senegal, Mali, Suriname, Colombia, Peru, Brazil and Canada. The company expects to complete over 500,000 meters of exploration drilling this year.