Apr 4 2016
Integra Gold Corp. is pleased to announce a fourth round of assay results from its fall 2015/winter 2016 drill program on the Triangle Deposit on the Lamaque South Gold Project located in Val-d'Or, Québec.
"The bulk of the Triangle mineralization is hosted within a series of sub-parallel, steeply-dipping, stacked C type structures which demonstrate a high degree of periodicity and continuity. We are encouraged to see today's results showing strong continuity of gold mineralization within the upper structures where we plan on initiating underground exploration later this year. We are also encouraged to see initial results from the deeper C5 structure which indicate ample room for growth of the Triangle gold resource at depth," commented Company President and CEO, Stephen de Jong. "We are still awaiting results from an additional 52,000 m of drilling, including a number of deeper holes which were designed to test the extent of gold mineralization between 1,000 m and 1,500 m vertical depth, where additional C type structures were intersected in late 2015."
Infill Drilling Continues to Show Upside of C1 and C2 Structures
Results disclosed today are primarily from infill drilling completed on the C1 and C2 structures, which host the bulk of the gold mineralization on the uppermost part of Triangle. These results are significant as high grade gold mineralization continues to be identified at relatively shallow depths (above 350 m vertical). Results announced today both confirm the continuity of these upper zones as well as show the potential for near-surface lateral resource expansion along strike.
Drilling conducted since September 2015 at Triangle has focused on widely spaced step-out and extensional drilling of the C4/C5/C6 structures and on infill drilling within selected areas of the C1 and C2 structures. Characteristic geological host units and alteration assemblages associated with gold bearing veins present within the structures were observed in most drill holes, similar to those reported in previous Company disclosures. Current drill results continue to demonstrate the validity of the geological model and the predictive nature of the high grade gold bearing vein structures.
Intercepts disclosed today include (all reported thicknesses are a measurement of downhole widths):
- 93.02 grams per tonne gold ("g/t Au") over 3.7 m in hole TM-15-076 (incl. 687.70 g/t Au over 0.5 m; average 4.72 g/t Au when capped at 34.3 g/t) in the C2 structure;
- 47.10 g/t Au over 2.8 m in hole TM-15-082 (incl. 141.92 g/t Au over 0.7 m; average 19.92 g/t Au when capped at 34.3 g/t) in C2 structure; and
- 25.88 g/t Au over 2.2 m in hole TM-16-104C (average 16.23 g/t Au when capped at 34.3 g/t Au) in C1 structure.
Results from holes TM-16-104, TM-16-104B, and TM-16-104C (provided in table below), which were drilled a few meters apart in the C1 structure, provide an initial sense of grade variability to be expected at Triangle. While reported downhole thicknesses of the zone remain fairly close, grades of the intercepts vary from 3.75, 4.53, and 25.88 g/t Au respectively; this grade variation is similar those observed historically at the Sigma and Lamaque mines.