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[dr_airtime]

ICG.V - Ceasar's report and a few others.

Pretty sure these reports are paid but there some nice pics here. Trouble with ICG is that there are thousand's of people in Val D'Or - Canada's gold mining capital, that know the bowels of this project far better than you or I.

http://caesarsreport.com/freereports/CaesarsReport_2015-03-24.pdf

Checkmate - I bet that the local Val D'Or newspaper will be good source of intel. Here is most relevant article I found. Just search "Integra" and then throw in Google Translate (unless you are fluent in French!)

http://www.lechoabitibien.ca/

If we are to believe the new data released by Integra Gold Lamaque gold project in Val d'Or could begin sooner than expected.

A new preliminary economic assessment study (ECERS) published by the Vancouver-based company is now from 24 to 18 months the period of pre-production, largely due to the purchase of assets of the former Sigma-Lamaque.

Integra Gold has indeed use existing galleries to build a 700 meter underground ramp which will provide access to two of the main areas of the project. A third area would be accessible using a new ramp to be built about 3 km south of the Sigma-Lamaque site and go down to a vertical depth of 620 meters.

The use of the old factory Sigma-Lamaque Integra Gold also avoid resorting to outsourcing. At the same time, the company points out that this is a promising asset for the future of other projects in the Abitibi-Témiscamingue, since the daily production at Lamaque will not reach the maximum capacity of the mill.

4.5 years and a value of $ 184.3 million

According to data from the new ECERS, the future mine would have a lifespan of 4.5 years, while production would total 511,600 ounces of gold. These data do not, however, include the results of the approximately 70,000 meters of drilling conducted on Lamaque since April 2013 nor the mineral resources of Sigma-Lamaque, which totaled, June 20, 2011, 586,000 ounces of measured and indicated gold and 1,853,000 ounces of inferred gold.

The net present value (NPV) before tax of the overall production of Lamaque equivalent in turn to $ 184.3 million. This amount, however, is based on a baseline scenario where the value of gold is set at $ 1,340. Considering the exchange rate and a price of spot gold, which was about $ 1,470 in mid-January, an NPV is rather gets before taxes of $ 240 million.

Need $ 151 million

Before we get there, Integra Gold will need $ 61.9 million in equity for the pre-production phase. This is a reduction of $ 7.3 million compared to $ 69.2 million originally planned. The sustaining capital costs of the mine life for their part are valued at $ 89 million. This will be used primarily to develop the main ramps.

The cost of restoring the factory and the tailings of the Sigma site, when the Lamaque project will come to an end, were valued at $ 7.7 million. The cost of restoration of the southern slope meanwhile would total $ 1.1 million. Finally, the financial guarantee to pay the government currently stands at $ 2.5 million.

40,000 meters in 2015

The next step for Integra Gold will undertake a pre-feasibility study. It will be started after the update the mineral resources of the Lamaque project, expected by spring. The company also expects to achieve at least 40,000 meters of additional drilling to expand the mineralized zones