After all this great news, why are we not trading @ .50After all this great news,,,,, anyone guess why we are not trading at .40 to .50 ??
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Could it be 400 million shares out at the end of the day ??
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Integra closes $14.57-million placement with Eldorado
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Integra Gold Intersects 12.86 g/t Au over 6.0 metres in Triangle Zone Step-Out Drilling and Identifies New C5 Zone Below Existing Resources
Press Release Highlights:
- Results continue to provide confidence in the lateral continuity of the steeply dipping C4 mineralized structure at the Triangle Zone ("Triangle") with step-out drilling over 125 metres ("m") east of the existing resource limit intersecting 12.86 grams per tonne gold ("g/t Au") over 6.0 m in hole TM-15-22
- Significant mineralization reported in the sub-parallel steeply dipping C2 structure (located 300m up-strike from C4) with intercept of 13.95 g/t Au over 6.0 m reported in hole TM-15-22, again outlining the potential for additional, sizeable mineralized horizons at Triangle
- Newly interpreted, sub-parallel and steeply dipping C5 mineralized structure occurring 100 m stratigraphically below the C4 structure; multiple previously disclosed holes piercing the structure with intercepts including 19.30 g/t Au over 8.0 m and 8.47 g/t Au over 8.5 m, the C5 Zone is open in all directions (see link to C5 vertical long section)
- 2015 drill program at Triangle re-initiated with an additional 40,000 m planned during the fall with up to five diamond drill rigs operating bringing the total meterage for the South Lamaque Project for the year to an estimated 90,000 to 100,000 m