RE:Zurich presentation comments The two big positives in last months Triangle RE, 100% increase in Indicated, and coming in at a higher grade, with the latter somewhat being overlooked, yet of course very important to the economics. When converting Inferred over to Indicated, a lower grade is often indicative.
With close space infill drilling continuing, results could even have a greater impact going forward on the average grade, width, and total ounces at Triangle.
Why the higher grade, width, and total ounces as the feeder shears hit the intrusive?
Salamis - “The shears are well mineralized before they hit the intrusive, It’s kind of like a weather system that hits a mountain range — on the lee side the air has been stripped of its moisture, whereas here the gold was fed into the intrusive by the shears.”
It looks likely the Triangle's resource will end up as large or even larger than what the Sigma or the Lamaque resources came in at, with de Jong stating 9 new zones have been located below the C7/850m.
That's more great news for shareholders with a market that values Integra's resources @ C$125 per 1 gold ounce. GLTA