RE:Is 1st GRC Traget an Extension of No 5 PlugBlue, I forgot to add this press release on No 5 plug. Some of the big hits are within 50 meters of the surface.
Integra Gold Announces Drill Results from 2014 Fortune and No. 5 Plug Drill Programs
Press Release Highlights:
- Significant gold bearing intercepts reported at No. 5 Plug; drill spacing reduced to increase confidence in geological model to permit initial resource estimation
- No. 5 Plug drilling returned multiple narrow but high-grade intercepts including:
- P5-14-02 - 64.08 g/t Au over 0.5 metre
- P5-14-06 - 22.41 g/t Au over 1.0 m
- P5-14-08 - 33.20 g/t Au over 0.8 m
- P5-14-16 - 17.87 g/t Au over 1.5 m and 29.93 g/t Au over 1.0 m
VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG, OTCQX: ICGQF) ("Integra" or the "Company") is pleased to announce results from its 2014 definition drill program at the Fortune Zone ("Fortune Zone") and exploration drill program at the No. 5 Plug Zone ("No. 5 Plug") at the Lamaque South Gold Project ("Lamaque") located in Val-d'Or, Qubec.
The drill results from the exploration program at No. 5 Plug demonstrate the ability for Integra to further grow the resource base and continue to discover new deposits on the property," noted Company President and CEO Stephen de Jong.
"The No. 5 Plug in particular is within a few hundred meters of the proposed underground infrastructure for the Parallel zone in our existing mine plan meaning any potential resources we are able to define should be relatively simple to access."
No. 5 Plug Exploration Drill Program
The Company completed 4,338 m of drilling in 17 drill holes as part of the 2014 fall drill program at the No. 5 Plug. The goal of this program was to evaluate the lateral continuity of reported intercepts from the 2012 program on that plug (see press release dated January 30, 2013 and February 26, 2013) and reduce drill spacing to between 50 to 75 m centers for near surface zones, defined as 0 to 300 m vertical. The No. 5 Plug is located in the northern part of the Lamaque South project, only a few hundred meters south of the recently acquired Sigma Mill.
Selected drill intercepts from holes disclosed today are presented in the following table:
| Drill Hole |
Total Depth
(m) |
From
(m) |
To
(m) |
Interval
(m)* |
Gold Assay
(g/t)** |
| P5-14-01 |
221.96 |
24.00 |
33.50 |
9.50 |
4.59 |
| P5-14-02 |
291.13 |
77.45
80.50
83.00
274.00 |
79.00
81.00
83.50
274.50 |
1.55
0.50
0.50
0.50 |
7.85
10.76
28.86
64.08 |
| P5-14-03 |
282.00 |
23.50
64.75 |
24.00
65.25 |
0.50
0.50 |
16.43
20.30 |
| P5-14-06 |
257.94 |
47.00 |
48.00 |
1.00 |
22.41 |
| P5-14-07 |
354.96 |
58.00
178.50 |
58.50
179.20 |
0.50
0.70 |
19.10
12.83 |
| P5-14-08 |
239.54 |
137.00
177.70 |
144.20
178.50 |
7.20
0.80 |
3.06
33.20 |
| P5-14-09 |
301.36 |
102.80
174.00 |
103.30
176.00 |
0.50
2.00 |
21.62
8.23 |
| P5-14-11 |
350.96 |
55.00 |
56.00 |
1.00 |
13.96 |
| P5-14-12 |
240.44 |
106.00 |
106.50 |
0.50 |
14.13 |
| P5-14-16 |
152.07 |
41.00
73.00
85.00
132.80 |
42.50
74.00
85.50
133.50 |
1.50
1.00
0.50
0.70 |
17.87
29.93
19.16
15.70 |
*Down-hole thickness, true width varies depending on drill hole dip; most 2014 drill holes are intersecting the vein structures perpendicularly therefore down hole width are close to true width
**1.00 g/t Au cutoff; individual assay values uncut; no minimum thickness
To view a complete table of available composited results for the 2014 drilling at No. 5 Plug please click on the following link:
https://www.integragold.com/i/pdf/2014CompositesCompilation-Plug5.pdf
To view a location plan map of the drill holes disclosed today please click on the following link:
https://www.integragold.com/i/pdf/Forages-Plug5-2014DrillHoleLocationMap.pdf
Summary of No. 5 Plug Exploration Drilling Program
The No. 5 Plug drill program, completed in the fall of 2014, was undertaken to expand the successful drill campaign completed on No. 5 Plug in late 2012. While drill holes are widely spaced and additional drilling is likely required to further define the zones, multiple narrow, high grade veins were successfully intercepted. Vein intercepts seem to have lateral and dip extensions that extend in some cases greater than 100 m from the primary area of mineralization. Identified mineralized structures also appear to dip from 15 to 40 degrees to the south with some vein stacking occurring.
The narrow high grade "flat" vein structures prevalent at No. 5 Plug are very similar to the vein arrays that were historically mined at the neighboring Sigma Mine, some of which occur only 250 m north of the No. 5 Plug on the acquired Sigma-Lamaque property.