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International Gold Resources Inc (IGRU) RSS Feed

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International Gold Resources, Inc. engages in the acquisition, exploration, and development of resource properties in Brazil and in the Yukon Territories in Canada. The company holds interests in Amapa Tailings project, a gold exploration project, and various other mineral properties in the Amapa State, Brazil. It also holds an option to acquire 100% interest in Mahtin, Cathy, Kirkman, and Bonanza claims located in the Dawson Mining District of the Yukon Territory in Canada. In addition, International Gold Resources holds an option to acquire a 100% interest in the Crown Jewel Project, which includes the King, Prince, and Crown Jewel claims located in the Dawson Mining District of the Yukon Territory in Canada. The company was incorporated in 2004 and is based in Duvall, Washington.

Contact Info
  • 7200 S. Alton Way
  • Centennial, CO
  • United States, 80112
  • Phone: 720-259-2982
  • Email: info@intlgold.com

Website: http://www.intlgold.com 

Website currently under construction. Google has been picking up some of the changes throughout September 2010.

Share Structure Per Pinksheets: Updated October 7, 2010

Security Notes: 1 for 2 R/S 10/7/2010

International Gold Resources has the following mineral areas in its portfolio: Per 2007 Financials http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5043867


 

·

Amapa . A 135,000 acre (55,000 hectares) property with the potential for gold, copper, zinc, nickel and manganese. In March, 2006 the Company entered into a contract to acquire the entire share capital of Amapa Gold Ltda (Amapa Gold), which company owns the mineral rights of the Porto Grande property.  This property is situated within the Vila Nova-Serra do Navio greenstones of Paleo-Proterozoic age in the southeast part of the Guiana Shield. This assemblage of the sedimentary, exhalative, and intrusive rock is common with similar belts elsewhere in the Guiana Shield of Brazil, the Guianas, and Venezuela. These local greenstones historically have contained significant gold mineralization in the Serra do Navio area.  Other mines in the area include GoldCorp’s Amapari Mine, with production plus reserves of 1.6 million ounces, and the Santa Maria Mine currently being explored by Eldorado Gold. A world-class manganese deposit and significant chromite deposits also occur within the belt. The claim block is bisected by a road, and by the still-operative railroad, which served the former manganese mine.


 

Per a report received in May 2006, the Company’s consulting geologist recommends the exploration program commences immediately with a view to establishing drill targets. Numerous senior international mining companies are active in this area.


 

·

Bahia . A 50,000 acre (20,000 hectares) property with potential for gold, copper and iron in a favorable geological environment in the claim area which encompasses a structure that runs for 19 kilometers.  The claims for the Bahia property were staked by our Brazilian subsidiaries. Subject to financing, an active exploration program is planned for 2007 with a view to establishing drill targets.


 

·

Amazonas . A 100,000 acres (40,000 hectares) property with multiple parallel structures with visual gold signs along the structure for approximately 1.5 kilometers. The claims for the Amazonas property were staked by our Brazilian subsidiaries. The Company plans an active exploration program, subject to financing, with a view to establishing drill targets.  


 

International Gold Resources, Inc. has options on certain claim blocks in the Yukon Territory in Canada:


 

·

The Bonanza Claim Block with 90 claims on 4,260 acres :


 

The geology: one of the original discovery creeks of the 1896 Klondike Gold Rush with Klondike schist and felsic intrusives


 

·

The Crown Jewel Claim Block with 306 claims on 15,300 acres


 

The geology: one of the original discovery creeks of the 1896 Klondike Gold Rush with Klondike schist and felsic intrusives


 

·

The Cathy Claim Block with 150 claims on 7,000 acres :


 

The geology: gabro mafic-ultramafic and sedimentary rocks and the creeks within the claims are gold-bearing


 

·

The Kirkman Claim Block with 40 claims on 1,900 acres :


 

The geology: gabro mafic-ultramafic, sedimentary, and granites and the creeks within the claims are gold-bearing


 

·

The Mahtin Claim Block with 112 claims on 6,000 acres :


 

The geology: part of the Late Cretaceous Sprague Creek stock (Tombstone Suite) and Rabbitkettle formation, have been metamorphosed to cherty calc-silicate hornfels garnet-diopside skarn and the creeks within the claims are gold bearing


 

In May 2006 the Company received an independent report, which it filed as an 8K on the Mahtin Property, Yukon, Canada. The Mahtin Property is in the McQuesten mineral belt between Dawson City and Mayo. Brewery Creek is on the western end of the belt with 0.85 million ounces of gold, and Dublin Gulch and at the eastern end with 4.1million ounces of gold; both are located in the same belt as the Mahtin property. Exploration work carried out to date on the Mahtin Property consisted of geological, geochemical and geophysical surveys for the gold potential within the claim block. The Mahtin Claim Block comprises of 112 claims on 6,000 acres.


 

R. A. Doherty, P. Geo., visited the property in 2003 while soil sampling and geophysical surveys were being completed; Chris Ash, P. Geo visited the property in 2004 and 2005 while a soil sampling and trenching program was being completed. Both authors are qualified persons for securities reporting purposes.  The independent report states that the Mahtin property is an excellent exploration target for gold mineralization. The property has significant and widespread gold, arsenic, bismuth, with secondary copper, tungsten, silver, soil and rock geochemical anomalies.  


 

R. A. Doherty, is overseeing the work being done on the claim block. He retained Geotech Ltd. (Geotech) to use their proprietary, large dipole-moment, VTEM (Versatile Time-Domain Electro Magnetics) system, which can scan, analyze and map base metals, uranium and diamonds to the depth of 1,625 feet (500 meters), as this was the most cost-efficient way for IGR to optimize its exploration program in preparation for its core drilling program.


 

The Geotech helicopter flew 142 miles (229 kilometres) on 300 feet (100 meter) spaced lines that covered the entire Mahtin claim block. The VTEM survey will enable IGR to get an extensive overview of the whole property. IGR expects that the pyrrhotite-pyrite skarn zones at the contact with Rabbitkettle calcareous sediments which should produce a positive magnetic signature to aid in spotting drill holes and in so doing the Company will be optimally position the core drilling program of approximately 3,000 feet (1,000 meters). This program was planned for summer, 2006 but as a result of a shortage of drill rigs and manpower the Company was unable carry out this program. The Company plans to conduct this core drilling program in summer 2007, subject to financing.


 

Subject to financing International Gold Resources plans an active exploration program in 2007 with a view to establishing drill targets on all the above properties.  


 

Location and Access


 

The Maps below detail where the Yukon claims are situated in proximity to Dawson City which are accessible by road or barge on the rivers; and the Brazilian claims in Amapa, Brazil:


 

[FORM10QSB31JAN07002.GIF]


 


 

[FORM10QSB31JAN07004.GIF]


 

Mineral Title


 

On October 4, 2004, the Company entered into an Assignment and Assumption of Option Agreement to earn a 100% interest in the Mahtin, Cathy, and Kirkman claims located in the Dawson Mining District of the Yukon Territory in Canada.


 

On October 4, 2004, the Company entered into an Assignment and Assumption of Option Agreement to earn a 100% interest in the Bonanza claims located in the Dawson Mining District of the Yukon Territory in Canada.

 

 

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