Click here to close now.


News Feed Item

Integra Gold Intersects 95.86 g/t Gold Over 2.0 Meters and 11.24 g/t Gold Over 9.0 Meters, Confirms Continuity of High-Grade Vein 7 at Parallel Zone

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/11/14 -- Integra Gold Corp. (TSX VENTURE:ICG)

Press Release Highlights:

--  Continuity of high grade zones within block model confirmed 
--  Drill program at 25-35 meter ("m") centers completed at Parallel Zone 
--  Assays pending for second portion of drill program 
--  Other significant intersections include: 
    --  PV-13-03 with 13.06 grams/tonne gold ("g/t Au") over 2.00 m 
    --  PV-13-07 with 41.83 g/t Au over 1.10 m 
    --  PV-13-09 with 71.47 g/t Au over 1.00 m 
    --  PV-13-16 with 7.67 g/t Au over 6.00 m 
    --  PV-13-18 with 15.26 g/t Au over 1.00 m 
    --  PV-13-19 with 15.72 g/t Au over 1.00 m 
    --  PV-13-20 with 23.66 g/t Au over 4.00 m

Integra Gold Corp. (TSX VENTURE:ICG) ("Integra" or the "Company") is pleased to announce initial results from its fall/winter 2013 Parallel zone drill program at the Lamaque Gold Project located in Val-d'Or, Quebec. The Company recently completed 12,589 m in 40 drill holes on the Parallel Zone which is located in the northern part of the Lamaque Project. Results announced today are from the first 20 holes, accounting for 8,050 m of the Parallel Zone program.

"While a resources estimate updated with new data has not yet been completed, a preliminary interpretation has confirmed continuity of mineralization within zones which previously had only widely spaced drill holes," commented Company President and CEO, Stephen de Jong. "This is especially significant for the Parallel Zone as there are a number of very high-grade resource blocks which had not had sufficient drilling completed for the resources to be classified as indicated. Mineralization continuity is crucial in these type of deposits in order to develop a successful mine plan. We are more than encouraged by both the continuation of the geological structure and the high grades intercepted throughout this program. Core samples from the balance of the 40-hole, 12,600 meter program at Parallel are being processed currently, after which an updated resource estimate will be commissioned."

Drill result highlights include:

                          From            To      Interval              Gold
Drill Hole                 (m)           (m)           (m)    Assay (g/t)(i)
PV-13-01                510.00        512.00          2.00              7.45
                        588.00        589.00          1.00              9.41
PV-13-02                145.00        148.00          3.00              5.33
                        484.50        485.50          1.00             11.14
PV-13-03                148.00        150.00          2.00             13.06
PV-13-05                187.50        189.50          2.00             95.86
PV-13-07                304.70        305.80          1.10             41.83
                        373.00        375.00          2.00              5.44
PV-13-08                448.00        450.00          2.00              4.40
PV-13-09                 24.00         25.00          1.00              5.59
                        145.00        146.00          1.00             71.47
                        158.00        159.00          1.00              9.61
PV-13-10                181.00        182.00          1.00              8.85
PV-13-11                157.00        166.00          9.00             11.24
PV-13-15                114.00        116.00          2.00              6.35
                        138.00        139.00          1.00              6.90
PV-13-16                182.00        188.00          6.00              7.67
PV-13-18                165.00        166.00          1.00             15.26
PV-13-19                192.00        193.00          1.00             15.72
PV-13-20                166.00        167.00          1.00             17.41
                        228.00        229.00          1.00             13.16
                        239.00        243.00          4.00             23.66
(i)   Down-hole thickness, true width varies depending on drill hole dip,   
      most holes are set to intersect vein structures perpendicularly       
(ii)  1.00 g/t Au cutoff - individual assay values uncut - no minimum       

To view a complete table of composited assay results of recent drilling please click on the following link:

Parallel Definition Drilling Program

The fall/winter 2013 program at Parallel focused on reducing the drill spacing to 25-35 m centers for the upper portion of the deposit, above the 300 m vertical threshold. Drill holes had been previously been spaced approximately 50 to 75 meters apart. The objective of the program was to transfer inferred resources into the indicated category and to confirm mineralization continuity between existing holes. Interpretation and remodelling is ongoing but preliminary indications are that mineralization is continuous between previous drill holes as well as with a number of the high grade intercepts reported.

The first 12 holes of the campaign also aimed to confirm the lateral extent of the lowermost zone, Vein 7, which had previously been drilled at greater than 75 m intervals and reported as a high-grade, inferred resource. Results including 11.14 g/t Au over 1.0 m in hole PV-13-02 and 5.44 g/t Au over 2.0 m in hole PV-13-07, demonstrate that Zone 7 is likely continuous laterally. Although the mineralized structure has been intersected, further drilling may be required to determine the average grade of that zone due to the high variance in assays between drill holes.

The majority of the holes disclosed today intersected mineralization where it was predicted to occur providing further confidence in the Company's geological model. The most significant and high grade intervals came from Zone 6 which appears to be the most continuous zone at Parallel.

2014 Lamaque Drill Program

Planned drilling for 2014 at the Lamaque project has been set at a minimum of 40,000 m which includes a 20,000 meter definition program at the Triangle Zone, definition drilling at the Fortune Zone, and exploration drilling at Plug No. 5 and Mine No. 3.

A total of 4,660 m in 12 holes have been completed at the Triangle Zone as of January 31, 2014, with no assay results available to date.

Project and Company Profile

Integra's Lamaque gold project is located in the heart of the Val-d'Or gold camp in the Province of Quebec, Canada, approximately 550 km northwest of Montreal. Quebec is rated one of the best mining jurisdictions in the world. Infrastructure, human resources and mining expertise are readily available.

The Company's primary objective is to continue to prove up additional resources while advancing the existing resource towards production. The project is divided into three main clusters of mineralization, the North, South and West Cluster. The North Cluster consists of the Parallel, Fortune, No. 5 Plug, and No. 3 Mine zones and is located approximately 1 km northwest from the South Cluster, which includes the No. 4 Plug, Triangle and Triangle South zones. The Sixteen Zone and No. 6 Vein form the West Cluster.

Qualified Person

The Lamaque exploration project is under the direct supervision of Herve Thiboutot, Eng. and Senior Vice-President of the company, and Francois Chabot, Eng. and Operations and Engineering Manager of the Company, both Qualified Person ("QP") as defined by National Instrument 43-101, and Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., Geo. of Geologica Inc., both independent QP as defined by National Instrument 43-101. The Company's QPs have reviewed the technical content of this release.

Quality Assurance - Quality Control ("QA/QC")

Thorough QA/QC protocols are followed on the project including insertion of duplicate, blank and standard samples in all drill holes. The core samples are submitted directly to ALS Laboratory Group and Bourlamaque Labs in Val-d'Or for preparation and analysis. Analysis is conducted on 1 assay-ton aliquots. Analysis of Au is performed using fire assay method with atomic absorption finish, with a gravimetric finish completed for samples exceeding 5 g/t Au, or a metallic sieve assay for samples containing visible gold. When available the gravimetric or metallic sieve assay results are used for the reported composite intervals.


Stephen de Jong, CEO & President

Follow Integra Gold on Twitter:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals required to complete the private placement and Company's planned exploration activities, that the Company is able to complete the private placement, that the Company is able to procure personnel, equipment and supplies required for its exploration activities in sufficient quantities and on a timely basis and that actual results of exploration activities are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that the private placement will not be completed, that actual results of the Company's exploration activities will be different than those expected by management and that the Company will be unable to obtain or will experience delays in obtaining any required government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely basis. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, San...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company In the past, he was co-founder of social-trading platform Currensee, which...
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNu...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem"...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at, examined how Docker has evolved into a highly effective tool for application del...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.