Integra Gold Reports 31.45 g/t Gold Over 1.7 Meters at Parallel Deposit

Integra Gold (TSXV:ICG) reported results from infill drilling at its Parallel deposit at its Lamaque South gold project in Quebec. Highlights included intercepts of 31.45 grams per tonne of gold over 1.7 meters, 21.08 grams per tonne of gold over 2.3 meters and 19.58 grams per tonne of gold over 3.3 meters.
As quoted in the press release:

The objective of exploration work conducted at Parallel was to outline a deposit with the ability to provide supplemental, high-grade mill feed in a future production scenario on the project. In existing plans, mineralization at Parallel would be accessed by way of a 700 m extension of an existing underground ramp 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 also 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 mineralization at the Parallel deposit. Although the Triangle deposit has emerged as the primary focus at Lamaque, Parallel remains a viable possible source of additional high-grade mineralized material during the production phase at Lamaque. Now that the final results for the drilling at Parallel are available, they will be integrated into our geological model with an updated resource estimate which will be completed and included in the updated Preliminary Economic Assessment of the project due to be finalized in H1 2016.

Click here for the full press release.