RE:newsJust took a peek at the NR, link below
https://www.integragold.com/news/2017/integra-gold-commences-underground-drilling-at-triangle-hires-bba-as-independent-consultant-for-bulk-sample-program-appoints/
Click on the link for the ramp and try out the interactive feature (click on to see the picture). The first one is the entrance of the ramp. The second is more interesting. This is the location where the 4-some all suited up and went down for a show-and-tell (thick vein on the wall). As I recall, the group included, looking from the back, Herv T (hidden), Samamis (on left), de Jong (tall fellow, centre) and a lady (on right, who was that, an outsider?). Note also the zigzag paths goind down to C2 and C4.
The Table in the NR is also interesting, the March results have not been included in the latest PEA, but the tonnage (with 5gpt CoG, why not use 3gpt CoG???) is 1.146 M tonnes (indicated) @ 8.65gpt. Note: At 3gpt CoG the tonnage would be much larger. The grade may be lower? but the end results in ounces recovered would usually be higher. 1.146 M tonnes @ 8.65gpt would yield 0.32 M oz, or 3 yrs worth of 100,000oz annual production (or 2 years at 150,000 oz/yr) just from C2 alone.
The writing is on the wall that ICG is on a "slippery slope". Once it started with a 5,000 tonne bulk sample, it could go on with a 50,000 tonne bulk sample...and then just went in the production mode in an seamless transformation. Clever, eh?
Note also that Triangle alone has an indicated resource of over 1Moz and a two year period is a long time for the resource to grow as the mining operation proceeds. As mentioned by de Jong in his Zurich video, Sigma and Lamaque started out with 0.5M oz indicated resource but ended up mining about 4.5 Moz each. If they hits some nice intercepts inSD and LD, the historic RE of 2.4Moz (in the lower part of Sigma) would become a lot more attractive for the northern portion of ICG property (de Jong said, "it could change everything").
BTW, de Jong was talking about the 500m buffer zone between Sigma and Lamaque. Placer Dome and Teck did not do any work there because they did not want to do the work for the benefit of the competitor. But now the two properties are under one roof.
Does ICG have any plan to do any drilling for that 500 m buffer zone? It looks like a no-brainer. Just sink a few drill holes in to find out. A stretch of 500m of mineralization is nothing to sneeze at, even @ 4 gpt.
Some "back of envelope" math:
500m x 100m (assumed thickness) x 1000m (deep) x 4gpt/31 = 6.4 Moz.
May be 500 m is too much, so let's assume only half the distance. A 250m would yield 3.2 Moz which is in the same ballpark figure of 4.5Moz for 1000m of Lamaque.
Just my speculation folks.
GH