Integra Gold (V.ICG) confirms and expands known mineralized zones at Triangle

Stockhouse Editorial
0 Comments| July 15, 2014


Integra Gold (TSX:V.ICG, Stock Forum) released more results from its 2014 Triangle Zone definition and extension drill campaign at the highly prospective Lamaque Gold Project located in Val-d'Or, Québec.
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According to the news release, the company has drilled 25,040 metres in 65 drill holes as part of its 2014 winter drill campaign at the high-grade Triangle Zone with results from 16 of those holes announced today.

 

The program was geared to test lateral extensions of mineralization of the Triangle Zone which contains the company's highest grade indicated resource.

 

Highlights from the assay results included 31.93 g/t gold over 3.0 metres at TM-14-16, 35.36 g/t gold over 0.50 metres at TM-14-21, 38.84 g/t gold over 2.0 metres at TM-14-30, 38.64 g/t gold over 2.25 metres at TM-13-37 and 33.02 g/t gold over 1.70 metres at TM-14-47.

 

Results are still pending on 14 drill holes.

 

Company president and CEO, Stephen de Jong, commented, “We continue to be highly encouraged with the results from our winter drill campaign. Intercepts released this morning further confirm our expectations that the individual, gold bearing zones at the Triangle zone continue laterally and at depth.”

 

He continued, “Once all results from the winter campaign are received, compiled and modeled, we will complete a revised resource estimate for Triangle, in the second half of this year.”

 

Then concluded, “More than 59,500 meters, in 173 drill holes, of additional infill and extension drilling, including this program at Triangle, has been completed at the Lamaque Project since the cut-off date for the resource estimates used in the March 2014 Preliminary Economic Assessment, definitively outlining the potential to extend the future mine life of the Lamaque Project.”

 

Integra was in the news recently when the company announced the mobilization of three diamond drill rigs for the summer program at Lamaque six days ago.

 

Currently there are 185.6m outstanding shares with a market cap of $40.8 million.

 

FULL DISCLOSURE: Integra Gold is a Stockhouse Publishing client.


Tags: GOLD

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