Integra Gold Corp fka ICG

[Edge83]

INTEGRA GOLD ANNOUNCES UPDATED TRIANGLE DEPOSIT RESOURCE ESTIMATE: INDICATED RESOURCES INCREASE 100% FROM 737,590 TO 1,473,530 GOLD OUNCES

Mar 22, 2017
Press Release Highlights:

Triangle Deposit at 3.0 g/t gold (“Au”) cut-off: indicated resources increased 100% from 737,590 Au ounces to 1,473,530 Au ounces grading 7.32 g/t Au and inferred resources decreased 1% from 1,004,170 Au ounces to 991,800 Au ounces at an average grade of 5.67 g/t Au.

Triangle Deposit at 5.0 g/t Au cut-off: indicated resources increased 105% from 580,150 Au ounces to 1,189,550 Au ounces grading 9.24 g/t Au and inferred resources decreased 15% from 744,880 Au ounces to 631,200 Au ounces at an average grade of 7.85 g/t Au.

Indicated resource growth at Triangle Deposit is mostly contained within the same vertical footprint as previous resource estimates highlighting the potential to utilize currently planned infrastructure to access these additional ounces.

Assay database cut-off date was January 11, 2017; approximately 15,000 meters (“m”) of drilling has been completed at the Triangle Deposit since the database cut-off date.

Re-modelling, re-interpretation, and resource estimation of the Sigma Deposit to a depth of 1,800 m vertical is underway with expected completion and disclosure of a fully validated Sigma resource in Q2 2017.

Five drill rigs currently in operation at Lamaque, including three at the Triangle Deposit, one at the No. 4 Plug Deposit, and one at Lamaque Deep; the Company has drilled 22,984 m since start of 2017.

750 meters of development on the Triangle exploration ramp (1,219 meters total development) have been completed. Ramp is expected to reach the C2 structure of the Triangle Deposit in early April with the first underground drill station expected to be set up in the coming weeks.

https://www.integragold.com/news/2017/integra-gold-announces-updated-triangle-deposit-resource-estimate-indicated-resources-increase-100-from-737-590-to-1-473-530/