- OTHER RESULTS INCLUDE 50.4 GRAMS/TONNE ("G/T) OVER 2 METERS ("M"), 31.4 G/T OVER 4 M, 37.33 G/T OVER 2M, AND 11.8 G/T OVER 11 M
- NO. 4 PLUG 2012 DRILL PROGRAM EXTENDED TO A MINIMUM OF 20,000 M
- RESULTS FOR INITIAL 9 HOLES REPORTED, 14 HOLES COMPLETED TO DATE
- HIGH GRADE MINERALIZATION AS SHALLOW AS 30 M - NO. 4 PLUG REMAINS OPEN AT DEPTH
- STEPHEN DE JONG APPOINTED PRESIDENT AND CEO
- $2.2 MILLION IN CASH WITH AN ADDITIONAL ~$1 MILLLION REBATE COMING FROM QUEBEC GOV'T
INTEGRA GOLD CORP. (TSX-V: ICG) (the "Company") is pleased to announce the highest grade intersections ever reported at the No. 4 Plug on the 100% owned Lamaque Project in Val d'Or, Quebec. Five holes published today returned high grade composites, further demonstrating the robustness and continuity of mineralization. The Company has now completed over 14,600 m of drilling on No. 4 Plug and in view of the recent results has extended its 2012 drill program on that target to a minimum of 20,000 m. The additional metrage will aim at further defining and extending the high grade gold mineralization within the intrusive plug, both laterally and at depth.
Highlights of mineralized intercepts include:
| Drill Hole | From
(m) | To
(m) | Interval
(m) | Grams/tonne gold
(g/t Au)* |
| P4-12-04 | 263.00 | 264.00 | 1.00 | 18.05 |
| | 300.00 | 303.00 | 3.00 | 22.11 |
| | 431.00 | 435.00 | 4.00 | 19.35 |
| | 459.00 | 460.00 | 1.00 | 17.24 |
| | 630.00 | 632.00 | 2.00 | 12.06 |
| | 809.00 | 813.00 | 4.00 | 31.41 |
| |
| P4-12-06 | 29.00 | 31.00 | 2.00 | 22.77 |
| | 170.00 | 171.00 | 1.00 | 945.00 |
| | 328.00 | 329.00 | 1.00 | 18.35 |
| | 449.00 | 451.00 | 2.00 | 37.33 |
| | 487.00 | 498.00 | 11.00 | 11.77 |
| | 551.00 | 552.00 | 1.00 | 10.25 |
| | 561.00 | 567.00 | 6.00 | 111.16 |
| | | | | |
| P4-12-07B | 584.50 | 586.50 | 2.00 | 25.09 |
| | 677.00 | 679.00 | 2.00 | 50.41 |
| | | | | |
| P4-12-08 | 652.50 | 655.00 | 2.50 | 16.33 |
| | 755.00 | 759.00 | 4.00 | 13.24 |
| | | | | |
| P4-12-09A | 524.00 | 526.00 | 2.00 | 15.35 |
| | 541.00 | 546.00 | 5.00 | 10.67 |
| | 790.00 | 792.00 | 2.00 | 21.75 |
*All uncut - Composites with individual assay results cut to 2 oz./t Au are presented in the detailed table (see link below)
Results from holes P4-12-07B, P4-12-08 and P4-12-09A are the portions of the holes that have NOT been previously disclosed. Assays from other portions of these specific holes were disclosed in a Company press release dated June 27, 2012 To view the complete drill results tables please click on the following link:
https://www.brmstatpack.com/lt/1005/1266/composite-compilation-for-no.-4-plug "These latest results confirm the suspicion that mineralization at the Number 4 Plug is similar to that of the adjacent Main Plug, which produced over 3.6 million high grade ounces of gold. Mineralization in these intrusive plugs is unique in that the high-grade veins occur in clusters, potentially allowing for a much more cost-effective, bulk mining method," commented Herv Thiboutot, P.Eng. Senior Vice-President. "Once the current program is completed there will be over 25,000 meters of drilling to be incorporated in the existing No. 4 Plug resource. Some of the drilling has been confirming historic holes with the most recent expanding the mineralized zone laterally and at depth. We also expect to complete an updated resource estimate on the adjacent, high-grade Triangle Zone at the same time as estimation work on the No. 4 Plug."
To view a copy of the Company's Corporate Presentation please click on the following link:
https://www.integragold.com/i/pdf/12-07-18-ICG-Corporate-PPT-v4.pdf Prior to this year's +20,000 m drilling program, the No. 4 Plug had a current N1 43-101 inferred resource of 315,975 ounces grading 9.43 g/t. As of the end of 2011, total global resources for the Lamaque Project are 518,643 inferred ounces grading 6.91 g/t gold and 162,962 indicated ounces grading 6.33 g/t gold.
The close spaced definition drill program on No. 4 Plug is aiming at converting inferred resource into the indicated category; data from the ongoing program will be incorporated into the geological model during the fall to permit a resource estimate update next winter. Two drill rigs continue to work towards achieving the Lamaque property's 2012 objective of increasing the gold resource and improving resource categories on a number of gold zones known to exist on the property.
Holes 04-12-04 and P4-12-06 are part of the 25 m by 25m infill drill program aimed at confirming the continuity of gold mineralization along strike and at depth within the 100 m wide by 250 m long No. 4 Plug. While hole P4-12-06 is demonstrating the possibility for significant high grade "clusters" with abundant free gold, hole P4-12-04 for its part is indicative of gold mineralization extending beyond the -900 m level. The intrusive body, which contains the gold mineralized veins, remains open at depth showing the potential for mineralization to continue at considerable depth, not unlike many gold deposits in the Val d'Or district.