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Integra Gold Corp.
Summary
| Project: | Lamaque | |
|---|---|---|
| Deposit: | No. 4 Plug | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-5-2017: Integra Gold Corp. announces an Exploration/Drilling Update report for its No. 4 Plug deposit at the Lamaque project. Drilling results incl. 4.00m @ 42.94g/t Au from 359.30m. VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF), ("Integ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Herve Thiboutot, Jaques Simoneau (Internal) | |
| ABSTRACT: | VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF), ("Integra" or the "Company") is pleased to announce results from its winter drill program on the No. 4 Plug situated on the Lamaque Gold Project (“Lamaque”) in Val-d’Or, Québec. The results announced today are from 7,820 m of drilling (25 drill holes) completed during winter 2017 at No. 4 Plug. The objectives of the winter drill program at No. 4 Plug were to confirm the geological model interpretation while potentially extending the deposit to the west. Drilling not only confirmed the geological model but also locally enhanced and extended gold mineralization laterally. Both sub-vertical shear zones, similar to those reported from the adjacent Triangle Deposit approximately 350 m to the south, and thick, lower grade zones of flat tension veins were intersected during this drill program. In the 2017 Preliminary Economic Assessment. Integra Gold is a junior gold exploration company advancing projects in Val-d’Or, Québec, one of the top mining jurisdictions in the world. The Company's primary focus is its high-grade Lamaque South project. In the fall of 2014, Integra completed the accretive acquisition of the Sigma Mill and Mine Complex, a fully permitted 2,200 ton per day mill and tailings facility. With major federal and provincial permits in place, existing infrastructure and significant exploration potential, this acquisition removed major costs and shortened timelines typically associated with mine projects. Integra has raised over $150 million since 2013, at successively higher share prices, despite depressed gold prices. | |
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