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Integra Gold Intersects 482.26 G/t Gold Over One Meter at Parallel Zone
Integra Gold (TSXV:ICG) reported additional results from its 2015 parallel infill drilling program at the Parallel Zone. The company completed 26 holes for a total of 5,578 meters of drilling at the Parallel Zone in 2015.
Integra Gold (TSXV:ICG) reported additional results from its 2015 parallel infill drilling program at the Parallel Zone. The company completed 26 holes for a total of 5,578 meters of drilling at the Parallel Zone in 2015.
Highlights included intercepts of 482.26 grams per tonne of gold over 1 meter, 58.89 grams per tonne of gold over 1.8 meters and 47.26 grams per tonne of gold over 2 meters.
As quoted in the press release:
In addition to the Triangle Zone, Parallel is one of the primary gold deposits at Integra’s Lamaque South Gold Project (“Lamaque”) located in Val-d’Or, Québec. Parallel is located 2 kilometres (“km”) northwest of the Triangle Zone and less than 800 m from the Company’s milling facility. The objective of exploration work conducted at Parallel is to define a gold deposit with the ability to provide supplemental, high-grade mill feed in a future production scenario. Gold mineralization at Parallel would be accessed by way of a 700 m extension of existing underground workings which were acquired as part of the Company’s 2014 purchase of the Sigma Mill and associated mineral titles, including the past producing Sigma and Lamaque Mines. All environmental, exploration, and mining permits are in place at Parallel, a number of which were acquired through the mill acquisition and subsequently transferred to Integra.
Integra President and CEO, Stephen de Jong, said:
The results announced today continue to support our high level of confidence in both the continuity and grade of the gold mineralization at the Parallel deposit. While the Triangle Zone has emerged as the primary focus at Lamaque South, the Parallel Zone remains a great potential option for a supplementary source of high-grade mineralized material to be accessed and processed during the production phase at Lamaque. Once final results become available they will be integrated into the Parallel Zone geological model which will be followed by an updated resource estimate.
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