Feb 6 2014
Integra Gold Corp. is pleased to announce it has commenced a drill hole cementing program at the Lamaque Gold Project in Val-d'Or, Québec.
The Company remains committed to its accelerated development schedule and will continue to de-risk the project by way of various value-adding initiatives. With the potential for underground exploration commencing as early as 2015, it is imperative that certain steps including the cementing and sealing of recent and historic drill holes be completed in a timely fashion. As certain areas of the project are best accessed during the winter months, the Company has elected to initiate this program now to ensure there are no delays in the future. The other three operating diamond drill rigs on the Lamaque Project are conducting infill drilling and testing for extensions of mineralization in and around the Triangle Zone.
"Our exceptional access to infrastructure in conjunction with the many advantages of having a near surface, high-grade resource allows us to set ambitious timelines for the development of the Lamaque Project. The cementing program announced today, much like the productive community information meeting attended by 300 persons last week in Val-d'Or, are evidence of our commitment to making the Lamaque Project Québec's next gold mine," commented Company President and CEO, Stephen de Jong.
The program will be carried out by Orbit Garant Drilling Inc. (TSX:OGD) and is expected to take six months to complete. Approximately 218 drill holes totaling 85,300 meters on the Lamaque Project have been identified for cementation in 2014.
Cementing the drill holes on the Lamaque Project is being initiated in preparation for potential underground exploration and development. The cementation of drill holes is necessary to prevent water from draining into underground structures, threatening ground stability and personnel safety. A fourth drill rig, specializing in the cementation process, has been mobilized to the property for this program. Cementing will start on the Triangle Zone, move to the Parallel Zone and will conclude at the No. 4 Plug and Fortune Zones.