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Integra Resources Corp.
Summary
| Project: | DeLamar | |
|---|---|---|
| Deposit: | War Eagle, Florida Mountain | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 12/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-12-2019: Integra Resources Corp. announces an Exploration/Drilling Update report for its War Eagle, Florida Mountain deposit at the DeLamar project. Drilling results incl. 34.14m @ 10.88g/t Au, 115.31g/t Ag from 116.74m. VANCOUVER, British Columbia, De | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: E. Max Baker (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Dec. 10, 2019 -- Integra Resources Corp. (“Integra” or the “Company”) (TSX-V:ITR; OTCQX:IRRZF) is pleased to report a series of high grade gold-silver drill results from the 2019 Fall drill programs at Florida Mountain and War Eagle Mountain, situated on the DeLamar Project in southwest Idaho. “The results announced today further underscore the potential for high grades of gold and silver to occur in the low sulphidation epithermal systems at the DeLamar Project,” stated George Salamis, Integra’s President and CEO. “The Company has completed seven drill holes at War Eagle covering a strike length of 300 meters. High gold and silver grades were encountered in two of the first three holes from War Eagle, with four drill holes still pending from the campaign. At Florida Mountain, high gold and silver grades were encountered in low grade zones that were drilled for metallurgical sampling purposes. In some of these zones, high grades had not previously been modeled, supporting the exploration thesis that additional high-grade zones are prevalent and undiscovered at Florida Mountain. Results from these two areas, separated by over 4.75 km, highlight the high-grade nature of these deposits and further corroborate the narrative of a high-grade mining history in the DeLamar and Silver City districts, where grades of these sorts were commonly mined underground in the late 1800’s and early 1990’s.” Mr. Salamis added, “The exploration program at Florida Mountain in 2020 will focus in part on the connection between the shallow high-grade zones encountered this year in near surface drill holes and the high-grade veins that were mined historically below Florida Mountain. As highlighted in the Company’s Preliminary Economic Assessment, the potential for future high-grade mineralization to augment low-grade mill feed in future milling scenarios could significantly enhance production profiles and future economics at the Project and remains entirely relevant at this point. Further testing of these and other high-grade zones is planned for 2020.” | |
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