Iamgold pays Sanatana more than $400 000 following failed easement application

Canadian explorer and project developer Sanatana Resources has received $403 189.86 from international gold producer Iamgold, who paid on behalf of subsidiary Trelawney Mining and Exploration, for the full costs awarded by the Ontario Mining and Lands Commissioner (MLC) regarding Trelawney's failed easement application. In April 2013, Trelawney, which was acquired by Iamgold in the previous year, filed an application with the Ontario MLC regarding proposed easements rights on the Watershed exploration property, in Ontario.