RE:mto and malarticYes, this is in the same area, Malartic used to be OSK.
Here's one even closer that is doing very well with the drill.
VANCOUVER, BC--(Marketwired - March 30, 2015) - Integra Gold Corp. (TSX VENTURE: ICG)(OTCQX: ICGQF) ("Integra" or the "Company") is pleased to announce it has filed on SEDAR the independent NI 43-101 Technical Report (the "Report") including the updated Mineral Resource Estimate for the Lamaque Gold Project ("Lamaque") located in Val-d'Or, Québec, as described in the Company's news release dated February 10, 2015.
The Report, dated March 27, 2015 was prepared according to NI 43-101 guidelines and in accordance with CIM Standards on Mineral Resources and Reserves, under the supervision of independent qualified persons. The resource update section of the technical report was completed by Christian D'Amours, P. Geol., OGQ of Geopointcom in Val-d'Or, Québec; geological modeling and interpretation was completed under the supervision of Alain-Jean Beauregard, P.Geo. of Geologica Inc. and Daniel Gaudreault, Eng., Geo., of Geologica Inc. also from Val-d'Or, Québec.
The updated resource estimate has an effective date of February 10, 2015, and incorporates 45,400 meters ("m") of drilling in 126 holes at the Triangle Zone (33,000 m) and Parallel Zone (12,400 m). Using a cut-off grade of 5.0 grams/tonne gold ("g/t Au") cut-off, the Lamaque South Indicated resources increased by 42% to 810,560 Au ounces at a grade of 9.5 g/t Au and Inferred resources increased by 7% to 276,030 Au ounces at a grade of 10.9 g/t Au.
| Resource Estimate for Triangle and Parallel Zones |
| (3.0 g/t Au cut-off) |
|
|
|
Indicated Resources |
|
Inferred Resources |
|
|
Tonnes |
|
Grade
(g/t Au) |
|
Ounces
(Au) |
|
Tonnes |
|
Grade
(g/t Au) |
|
Ounces
(Au) |
| Triangle |
|
1,957,100 |
|
8.3 |
|
520,630 |
|
604,700 |
|
9.0 |
|
174,470 |
| Parallel |
|
766,500 |
|
7.3 |
|
180,750 |
|
250,900 |
|
10.7 |
|
86,460 |
| Resource Estimate for Triangle and Parallel Zones |
| (5.0 g/t Au cut-off) |
|
|
|
Indicated Resources |
|
Inferred Resources |
|
|
Tonnes |
|
Grade
(g/t Au) |
|
Ounces
(Au) |
|
Tonnes |
|
Grade
(g/t Au) |
|
Ounces
(Au) |
| Triangle |
|
1,323,500 |
|
10.4 |
|
441,580 |
|
429,300 |
|
11.0 |
|
152,370 |
| Parallel |
|
462,900 |
|
9.6 |
|
142,890 |
|
153,700 |
|
15.0 |
|
73,880 |
In addition to the 50,000 m of diamond drilling the Company will complete as part of its 2015 exploration campaign, Integra has results from 26,200 m of drilling from the Fortune Zone, No. 3 Mine, No. 5 Plug, and Triangle Zone from exploration work prior to this year which have not yet been modelled and are not included in this updated resource estimate. The resource numbers above do not include mineral resources obtained through the acquisition of the Sigma-Lamaque Mill and Mine Complex (the "Sigma Property"). The Sigma Property mineral resource estimate includes 586,000 Au ounces of Measured and Indicated resources contained within 3,674,000 tonnes at a grade of 5.0 g/t Au and 1,853,000 Au ounces of Inferred resources contained within 9,159,000 tonnes at a grade of 6.3 g/t Au using a 1.0 g/t cut-off grade. The Sigma Property mineral resource estimate is discussed further in the Report and has a June 2011 effective date.
2015 Drilling Program
The Company is presently drilling on Lamaque with a total of 8 drill rigs in operation, tasked at completing approximately 30,000 m of drilling during the winter on numerous key targets including the Parallel ramp condemnation, No. 3 Mine, No. 6 Vein, regional geophysical targets, and extensional drilling on the high-grade Triangle Zone. The remainder of the planned 50,000 m program for 2015 is scheduled for completion during the summer and fall of 2015.
To view a location map of infrastructures and known zones at Lamaque please click on the following link:
https://www.integragold.com/i/pdf/Zones_Loc_Infrastructure_Targets_2015-03.pdf
Project and Company Profile
Lamaque is located directly east from the city of Val-d'Or along the prolific Abitibi Greenstone belt 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 focus is on exploring, and subsequently developing if warranted, its high-grade Lamaque South property. The Lamaque South property is divided into three clusters, the North, South and West cluster. The primary targets are the high-grade Parallel Zone in the North Cluster and the Triangle Zone in the South Cluster. The recently acquired Sigma Mill, located 1 kilometre from the Parallel Zone and 3 kilometres from the Triangle Zone, is a fully-permitted, 2,200 ton per day mill and tailings facility. The Sigma-Lamaque Mill and Mine Complex include the historic Sigma and Lamaque Mines which operated for 75 and 52 years respectively and produced more than 9 million ounces of gold in total.
Qualified Person
The Lamaque project, is under the direct supervision of Hervé Thiboutot, Eng. Mr. Thiboutot is a QP as defined by the National Instrument 43-101. Alain-Jean Beauregard, P.Geo. and Daniel Gaudreault, Eng., Geo., of Geologica Inc., are responsible for the geological and technical supervision of the drilling and are independent QPs as defined by the National Instrument 43-101. Mr. Thiboutot has reviewed and approved the technical content of this release.
For further information on the assumptions, parameters, methods and risks relating to the resource estimates disclosed in this release, please refer to the Report as filed on Integra's SEDAR profile at www.sedar.com.
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
Read more at https://www.stockhouse.com/news/press-releases/2015/03/30/integra-gold-sedar-files-ni-43-101-technical-report-for-the-lamaque-resource#WVXJ7H5VhFiBpU8r.99