High Grade Results at Triangle with 31.9 g/t Au over 3.0 m, 38.8 g/t Au @ 2.0 m.
posted on
Jul 15, 2014 08:57AM
Integra Gold is a Canadian company focused on production planning for its high-grade Lamaque South project in one of Canada's premier gold producing districts, the "Valley of Gold," Val-d'Or, Québec
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TSX-V: ICG News Release |
Jul 15, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Integra Gold Announces Additional High Grade Results at Triangle with 31.9 g/t Gold over 3.0 meters, 38.6 g/t Gold over 2.3 meters and 38.8 g/t Gold over 2.0 meters | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Press Release Highlights
The Company completed 25,040 meters ("m") of drilling in 65 drill holes as part of its 2014 winter drill program at the high-grade Triangle Zone. The results announced today are from 16 holes, representing 6,295 m of the program. This program has focused on reducing drill spacing to 25 to 50 m centers in the core of the Triangle deposit while also testing for lateral extensions of mineralization. The Triangle Zone is located in the southern part of the Lamaque project and contains the Company's highest grade indicated resource. In 2014 a total of 51 holes, representing 19,290 of this program have been disclosed by the Company. Selected drill intercepts from holes disclosed today are presented in the following table: Drill HoleFrom (m)To (m)Interval (m)*Grade (g/t)**
**1.00 g/t Au cutoff; individual assay values uncut; no minimum thickness To view a complete table of available composited results for the 2014 drilling please click on the following link. The table also identifies the 14 remaining holes for which assay results are still pending: http://www.integragold.com/i/pdf/TriangleComplete-AssayTable-July2014.pdf To view a location plan map of the drill holes disclosed today please click on the following link (note: this map only includes drill holes disclosed in this press release): http://www.integragold.com/i/pdf/TriangleZone-DrillMap-July2014.pdf "We continue to be highly encouraged with the results from our winter drill campaign. Intercepts released this morning further confirm our expectations that the individual, gold bearing zones at the Triangle zone continue laterally and at depth," commented Company President and CEO, Stephen de Jong. "Once all results from the winter campaign are received, compiled and modelled, we will complete a revised resource estimate for Triangle, in the second half of this year. More than 59,500 meters, in 173 drill holes, of additional infill and extension drilling, including this program at Triangle, has been completed at the Lamaque Project since the cut-off date for the resource estimates used in the March 2014 Preliminary Economic Assessment, definitively outlining the potential to extend the future mine life of the Lamaque Project." Triangle Definition and Extension Drilling Program The drill program had three principal objectives:
Project and Company Profile Integra's Lamaque gold project is located in the heart of the Val-d'Or gold camp in the Province of Québec, Canada, approximately 550 km northwest of Montréal. Québec is rated one of the best mining jurisdictions in the world. Infrastructure, human resources and mining expertise are readily available. The Company's primary objective is to continue to prove up additional resources while advancing the existing resource towards production. The project is divided into three main clusters of gold deposits, the North, South and West Cluster. The North Cluster consists of the Parallel, Fortune, No. 5 Plug, and No. 3 Mine deposits and is located approximately 1 km northwest from the South Cluster, which includes the No. 4 Plug and Triangle deposits. The Sixteen Zone and No. 6 Vein form the West Cluster. Qualified Person The Lamaque exploration project is under the direct supervision of Hervé Thiboutot, Eng. and Senior Vice-President of the company, and Francois Chabot, Eng., Operations and Engineering Manager of the Company, both Qualified Person ("QP") as defined by National Instrument 43-101, and Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., Geo. of Géologica Inc., both independent QP as defined by National Instrument 43-101. The Company's QPs have reviewed the technical content of this release. Quality Assurance - Quality Control ("QA/QC") Thorough QA/QC protocols are followed on the project including insertion of duplicate, blank and standard samples in all drill holes. The core samples are submitted directly to Bourlamaque Lab in Val-d'Or for preparation and analysis. Analysis is conducted on 1 assay-ton aliquots. Analysis of Au is performed using fire assay method with atomic absorption finish, with a gravimetric finish completed for samples exceeding 5 g/t Au, or a metallic sieve assay for all samples containing visible gold. When available the gravimetric or metallic sieve assay results are used for the reported composite intervals. ON BEHALF OF THE BOARD OF DIRECTORS Stephen de Jong CEO & President CONTACT INFORMATION Corporate Inquiries: Chris Gordon: chris@integragold.com Or visit the company website: www.integragold.com Follow Integra Gold On: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. We claim free harbour. |