Good reason for FlowThrough Shares ! Good reason for FlowThrough Shares,, Capital raised - $8 Million for new exploration and underground drilling ! Incredible amounts of information from a long and rich history of mining and exploration on a very similar deposit right next door.
Integra is currently modifying its development plan to reflect a change in which mineralized material from the Parallel Zone will no longer be mined from surface, but instead be accessed via underground infrastructure acquired with the Mill Property, thereby minimizing the impact on the surrounding environment.
Ideally ICG.V will get underground, drill the veins from very close proximity, and then incorporate the underground drilling into a feasibility study. Drilling in this fashion is important as this type of system also contains subvertical (straight up and down) veins. When subverticals intersect others, historically at Sigma and Lamaque they were called 'jewelry boxes'; quartz with incredible amounts of visual gold embedded. When ICG.V does a resource estimate these bonanza grade intersections are essentially ‘capped out,’ however it has had intersections before of 950 g/T over 1 m. When ICG.V drills from surface it has no idea how many of these straight up and down veins there are as it is drilling along them, when it gets underground it can drill across them and get a much better feel for what is there. The saying in Val d’Or for almost 100 years has been, ‘drill for structure, drift for grade.’ This means a successful drill program is one that hits the structure, or the quartz veining, regardless of grade, as it is not until the miners drift right into the zone the true gold content is realized. Luckily for Integra they have incredible amounts of information from a long and rich history of mining on a very similar deposit right next door.