Welcome!

News Feed Item

Integra Gold Intersects 91.03 g/t Gold Over 1.0 Meter, 73.75 g/t Gold Over 1.0 Meter and 29.69 g/t Gold Over 3.0 Meters at Parallel Zone

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/19/14 -- Integra Gold Corp. (TSX VENTURE: ICG) -

Press Release Highlights:


--  Results indicate good continuity of gold mineralized high-grade zones
--  High-grade mineralization encountered throughout Parallel Zone deposit
--  All results today from drilling done above 300 m vertical depth
--  Other significant intersections include:
    --  PV-13-22 with 23.94 g/t Au over 1.00 m
    --  PV-13-22 with 15.16 g/t Au over 4.00 m
    --  PV-13-22 with 16.98 g/t Au over 2.00 m
    --  PV-13-25 with 23.79 g/t Au over 3.00 m
    --  PV-13-26 with 19.72 g/t Au over 1.00 m
    --  PV-13-33 with 14.93 g/t Au over 1.00 m

Integra Gold Corp. (TSX VENTURE: ICG) ("Integra" or the "Company") is pleased to announce final results from its 2013 fall/winter Parallel Zone definition drill program at the Lamaque Gold Project located in Val-d'Or, Quebec. The Company completed 12,589 m in 40 drill holes on the Parallel Zone, one of its highest grade zones located in the northern part of the Lamaque Project. Results announced today are from the final 20 holes of this program. The Company currently has three drill rigs operating at the Triangle Zone with a total of 7,050 m in 18 holes completed since January 4, 2014. No assay results are available to date.

"Preliminary interpretation of these results has confirmed the continuity of high-grade mineralization between existing drill holes. More importantly, these results continue to prove our geological model performs well in predicting the location of mineralized structures within the Parallel Zone. As this model is used for both resource estimation and mine planning, it will greatly influence our plans in the future. With all results from Parallel drilling now received, we will proceed with a resource estimate update which will be released later this year," commented Company President and CEO, Stephen de Jong. "The results announced today, along with the results disclosed earlier this month, will not be incorporated into our upcoming preliminary economic assessment ("PEA"), but will be included in future economic evaluations and resource estimations."

Drill result highlights include:


----------------------------------------------------------------------------
  Drill Hole Number      From          To         Interval         Gold
                         (m)          (m)          (m)(i)    Assay (g/t)(ii)
----------------------------------------------------------------------------
      PV-13-21          219.00       222.00         3.00          29.69
----------------------------------------------------------------------------
      PV-13-22          151.00       152.00         1.00          23.94
                        224.00       228.00         4.00          15.16
                        231.00       233.00         2.00          16.98
----------------------------------------------------------------------------
      PV-13-25          125.00       128.00         3.00          23.79
                        188.00       189.00         1.00          10.36
----------------------------------------------------------------------------
      PV-13-26          133.00       134.00         1.00          19.72
                        159.00       160.00         1.00          73.75
                        182.00       183.00         1.00          12.46
----------------------------------------------------------------------------
      PV-13-27          72.00        74.00          2.00          10.63
----------------------------------------------------------------------------
      PV-13-28          83.00        84.00          1.00          91.03
----------------------------------------------------------------------------
      PV-13-29          62.00        64.00          2.00           8.29
                        143.00       149.00         6.00           4.37
                        171.00       174.00         3.00           7.05
                        183.00       185.00         2.00           7.00
----------------------------------------------------------------------------
      PV-13-30          154.00       157.00         3.00           8.16
----------------------------------------------------------------------------
      PV-13-33          39.00        40.00          1.00          14.93
----------------------------------------------------------------------------
      PV-13-35          157.00       159.00         2.00           7.84
----------------------------------------------------------------------------
      PV-13-39          245.00       247.00         2.00           8.48
----------------------------------------------------------------------------

(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
thickness

To view a complete table of composited assays for the results announced today (holes PV-13-21 to PV-13-39) please click on the following link:

http://www.integragold.com/i/pdf/2013-Composites-Table-for-Parallel-Zone_v2.pdf

To view a table of composited assays from the first 20 holes completed at the Parallel Zone, which were disclosed in a Company press release on February 11, 2014, please click on the following link:

http://www.integragold.com/i/pdf/2013-Parallel-Drill-Hole-Composites_v2.pdf

Parallel Definition Drilling Program

Drilling at the Parallel Zone 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 previously been spaced approximately 50 to 75 m apart.

The objective of this program was to transfer inferred resources into the indicated category and to confirm mineralization continuity between existing drill holes. Preliminary indications are that mineralization is continuous between existing drill holes as well as between a number of the high-grade intercepts reported today. The majority of holes disclosed today intersected mineralization where the Company's geological model predicted it should occur, providing further confidence in the model as the Company moves forward. The most significant and high-grade intervals continue to come from Zone 6 which appears to be the most consistent and predictable structure at the Parallel Zone.

2014 Lamaque Drill Program

Planned drilling for 2014 at the Lamaque project has been set at a minimum of 40,000 m. This includes the current 20,000 m definition program at the Triangle Zone, definition drilling at the Fortune Zone, and exploration drilling at Plug No. 5 and Mine No. 3 targets. The Plug No. 5 and Mine No. 3 targets are not currently included in the Lamaque Project's total resource as the Company intends to conduct resource estimation on these targets in the latter part of 2014.

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.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephen de Jong, CEO & President

Follow Integra Gold On:


--  Twitter: http://twitter.com/integragoldcorp

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
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
As pervasive as cloud technology is -- and as persuasive as the arguments are for using it -- the cloud has its limits. Some companies will always have security concerns about storing data in the cloud and certain high-transaction applications will always be better suited for on-premises storage. Those statements were among the bottom-line takeaways delivered at Cloud Expo this week, a three day, bi-annual event focused on cloud technologies, adoption and associated challenges.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Everyone wants to use containers, but monitoring containers is hard. New ephemeral architecture introduces new challenges in how monitoring tools need to monitor and visualize containers, so your team can make sense of everything. In his session at @DevOpsSummit, David Gildeh, co-founder and CEO of Outlyer, will go through the challenges and show there is light at the end of the tunnel if you use the right tools and understand what you need to be monitoring to successfully use containers in your...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...