-- Intersection interpreted to represent true thickness-- Other significant intersections include: -- TM-13-09 with 40.62 grams/tonne ("g/t") gold ("Au") over 1 meters ("m") -- TM-13-11 with 9.13 g/t Au over 1 m-- Assays pending from new additional mineralized zones identified at depth-- 2013 Triangle Zone winter drill program completed
Integra Gold Corp. (TSX VENTURE: ICG) ("Integra" or the "Company") is pleased to announce the second set of results from its 2013 drill program on the Triangle Zone at its Lamaque Gold Project located in Val d'Or, Quebec. Highlights from results announced today include the widest intercept ever recorded at the Triangle Zone at 7.1 g/t Au over 19.5 m starting from 246.5 m down hole. This intercept represents true width as the hole was drilled perpendicular to the interpreted southerly dipping mineralized zones. Results from the first 11 of 15 holes in this exploration campaign have now been released.
"These results clearly show the potential to expand known resources at the Triangle Zone. The 19.5 meter high-grade intersection announced today was discovered on the northern limit of the existing geological model and resource, which continue to expand with drilling. To put the significance of these results in context, one should remember the bulk of our existing resource, contained within the No. 4 Plug located a few hundred meters north, has been modeled down to a depth of over 900 meters in identical host rock and remains open at depth. The Triangle Zone has only been modeled to a depth of 350 meters, and mineralization has since been discovered to approximately 600 meters vertical. The neighbouring Lamaque and Sigma Mines, 1 km to the north, also with very similarly geology, were mined to a depth of 1,000 and 2,000 meters, respectively," commented Company President and CEO, Stephen de Jong. "Future drilling programs at Triangle will be directed to fully test the depth potential of Triangle in order to continue adding resources to the existing deposit. The Company has $4 million in working capital, allowing us to continue to execute on our 2013 exploration objectives."
The Company has completed its 2013 winter drill program at Triangle with 6,800 m drilled. Results announced today are from three additional drill holes with assays still pending for the last 4 holes. The newly disclosed holes, TM-13-09, 10 and 11, were aimed at testing the up dip projection of the recently re-interpreted mineralized zones at Triangle. All holes intersected zones which had been predicted in the recently completed geological model of the Triangle resource. Of particular significance is that the wide intercepts reported from TM-13-10 represent a new mineralized horizon previously not recognized or modelled. This zone appears to be the up-dip projection of a new zone identified below the actual geological model, clearly demonstrating the potential for additional gold mineralization at depth at Triangle.
Following this new discovery, two of the four last holes were drilled to target the potential of the Triangle Zone to vertical depth greater than 500 m. The two holes, on sections 50 m apart, intersected a series of 4 sub-parallel, potentially gold mineralized quartz vein arrays below the actual model. The upcoming Lamaque Project resource update (expected Q2 2013) is limited to resources occurring between surface and 350 meters vertical at the Triangle Zone. The results from the latest 15 holes will be compiled and included in a subsequent resource update. The Triangle Zone is an advanced exploration target within the Company's primary target area, the South Cluster (see map link below).