Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think I have a pretty good handle on it
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107510146
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107694645
Still holding from .15/.16.
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/
Nice AISC costs, resources should grow significantly with all the drilling that they have been doing.
INTEGRA GOLD ANNOUNCES UPDATED PRELIMINARY ECONOMIC ASSESSMENT: PRE-TAX NPV OF C$602 M AND IRR OF 55% (AFTER-TAX NPV OF C$363 M AND IRR OF 43%) AT US$1,250 PER OUNCE OF GOLD
Feb 27, 2017
View PDF
Updated Preliminary Economic Assessment Highlights:
Average annual gold production for first full 8 years estimated at 135,000 ounces, average annual gold production for Life of Mine (“LOM”) estimated at 123,000 ounces, and total production of 1.3 M ounces, a 156% increase from the 2015 PEA
LOM cash cost of C$595/oz (US$458), all in sustaining cost (“AISC”) of C$824/oz (US$634) and fully loaded cost (AISC + initial capital expenditures) of C$933/oz (US$718)
Pre-production period of 18 months with pre-production capital (“Initial Capital”) requirement net of pre-production revenue of C$111 M (US$85 M) – Initial Capital excluding pre-production revenue of C$175 M (US$134 M)
VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF), (“Integra” or the “Company”) is pleased to announce the results from an updated Preliminary Economic Assessment (“PEA”) which includes resources from the Company’s Fall 2016 Resource Estimate (see news release dated November 16, 2016) for the Lamaque South Gold Project (“Lamaque”) in Val-d’Or, Québec. The PEA has been prepared in accordance with National Instrument 43-101 of the Canadian Securities Administrators (“NI 43-101”). The 2017 PEA incorporates many resource base, extraction design and mine plan improvements over the 2015 PEA and the updated financial projections indicate that Lamaque is a robust project at current gold prices. An underground exploration ramp to support a bulk-sampling program in Q3 2017 is currently underway at Lamaque with 658 meters (“m”) (1,049 m total) of development completed on the main ramp as of February 16, 2017.
The 2017 PEA was prepared by InnovExplo Inc. (“InnovExplo”). The study was conducted under the direction of Mr. Langis St-Pierre, P. Eng., Integra’s Chief Operating Officer, and Mr. Francois Chabot, P. Eng., Operations Manager, along with the Company’s entire operations team based in Val-d’Or, Québec. The study also included contributions from the geological and engineering teams at Geologica, GéoPointCom, Amec Foster Wheeler, and WSP Canada Inc.
A NI 43-101 Technical Report that summarizes the results of the PEA will be filed on Integra’s SEDAR profile at www.sedar.com within 45 days.
Economic & Operational Highlights:
The PEA is considered preliminary in nature. It includes inferred mineral resources that are considered too speculative to have the economic considerations applied that would enable classification as mineral reserves. There is no certainty that the conclusions within the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
PEA Overview:
https://www.integragold.com/news/2017/integra-gold-announces-updated-preliminary-economic-assessment-pre-tax-npv-of-c-602-m-and-irr-of-55-after-tax-npv-of-c-363-m/
Really nice results. I think I'm going to increase my position today.
INTEGRA GOLD REPORTS BEST EVER INTERCEPT AT TRIANGLE: 71.61 G/T GOLD OVER 14.75 M, INCLUDING 459.07 G/T GOLD OVER 2.20 M, WITHIN THE PROPOSED BULK SAMPLE TARGET AT THE TRIANGLE C2 STRUCTURE (8.26 G/T AU CAPPED AT 34.3 G/T AU, 13.23 M IN TRUE THICKNESS)
Feb 22, 2017
Press Release Highlights:
Results from the ongoing C2 structure (“C2”) infill drill program include 71.61 g/t gold (“Au”) over 14.75 meters (“m”) (8.26 g/t Au capped at 34.3 g/t Au, 13.23 m in true thickness), 26.31 g/t Au over 8.55 m (10.64 g/t Au capped, 6.15 m in true thickness), 21.95 g/t Au over 5.75 m (11.54 g/t Au capped, 2.83 m in true thickness), and 10.81 g/t Au over 9.10 m (9.76 g/t Au capped, 5.15 m in true thickness).
Results from the C4 structure (“C4”) infill drill program include 14.50 g/t Au over 7.10 m (7.10 g/t Au capped, 7.00 m in true thickness) and 20.04 g/t Au over 5.00 m (16.39 g/t Au capped, 4.86 m in true thickness).
Results from the C5 structure (“C5”) infill and extension drill program include 36.05 g/t Au over 4.60 m (16.26 g/t Au capped, 4.26 m in true thickness), 36.22 g/t Au over 2.15 m (23.78 g/t Au capped, 1.99 m in true thickness), and 11.33 g/t Au over 2.70 m (no capping required, 2.55 m in true thickness).
VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF), (“Integra” or the “Company”) is pleased to announce additional assay results from its drill program on the Triangle Deposit (“Triangle”) situated on the Lamaque Gold Project (“Lamaque”) in Val-d’Or, Québec. The results announced today are from 10,750 m of drilling (30 drill holes) completed in 2016 and 2017. Results are currently pending from over 6,100 m (26 drill holes) of diamond drilling completed at Triangle in 2017.
“As the Company’s exploration ramp at Triangle gradually approaches the proposed bulk sample target, impressive drill results like those reported today continue to demonstrate the future potential of Triangle. Infill drilling within the proposed bulk sample target has exceeded expectations in both grade and thickness, and extensional drilling on deeper structures suggest that Triangle has the potential for further growth,” noted Integra President and CEO Stephen de Jong.
Triangle Drill Results Summary
The following table highlights selected intercepts from this set of drill results. Additional results for drill holes disclosed in this news release can be found at the link below. Individual composites are disclosed as both uncapped and capped (when applicable) with individual values capped at 34.3 g/t Au.
https://www.integragold.com/news/2017/integra-gold-reports-best-ever-intercept-at-triangle-71.61-g-t-gold-over-14.75-m-including-459.07-g-t-gold-over-2.20-m-within/
Yes this company seems to be a pretty solid bet in the gold exploration space, I plan to keep holding and may even add more as they develop their property. I think they will either get bought out or turn into a decedent producer over the next few years. They had some pretty solid drill results just released this month. Good luck to us both Ricky!
Hi Edge83, just seen your posts. I'm glad I did, looks like you've done very well on ICG so far. I also continue to hold ICG and I'm optimistic about their future. GLTA
Feb 01, 2017
Integra Gold Intersects 40.43 g/t gold over 2.80 m, 36.86 g/t gold over 5.55 m, and 22.06 g/t gold over 7.85 m within the Proposed Bulk Sample Target at the Triangle C2 Structure (all results uncapped)
Press Release Highlights:
Results from the C2 structure ("C2") infill drill program also include 17.29 g/t gold ("Au") over 2.65 meters ("m") (downhole thickness and uncapped result).
Results from the C4 structure ("C4") infill drill program include 13.33 g/t Au over 7.70 m and 8.17 g/t Au over 5.75 m in C4, and 28.49 g/t Au over 2.10 m in C Splay structure C4-50 (all downhole thicknesses and uncapped results).
C2 was intersected in an underground electrical-bay crosscut off of the Triangle Deposit exploration ramp 75 m west of the previously known limit of C2. Sampling of the C2 intersection returned 6.25 g/t Au over 4.00 m (west face) and 6.30 g/t Au over 2.30 m (east face); faces are located 15 m apart in an east-west direction (all horizontal thicknesses; no capping required).
The 2017 drill program is underway with three drill rigs at Triangle, two drill rigs at the No. 4 Plug and one drill rig on the Lamaque Deep target.
To date, 900 m of underground exploration work has been completed on the Triangle Deposit; 582 m on the main exploration ramp and 318 m on secondary development.
VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF), ("Integra" or the "Company") is pleased to announce additional assay results from its 2016 drill program on the Triangle Deposit ("Triangle") situated on the Lamaque Gold Project ("Lamaque") in Val-d'Or, Québec. The results announced today are from 16,800 m of drilling (42 drill holes) completed in 2016. Results are currently pending from an additional 9,750 m (28 drill holes) of diamond drilling at Triangle completed in 2016 and 2017.
"A crosscut on the C2 Structure approximately 75 m west of the known limits of the resource further demonstrates the potential upside that exists at Triangle. This represents the first time a C Structure at Triangle was visible to Company geologists in an underground working face, giving the team the opportunity to visually inspect the structure and vein. The positive assay results from the channel sampling done on the structure and the vein geometries as they relate to the resource model, clearly support what the Company has modeled through extensive drilling at Triangle," noted Company President and CEO Stephen de Jong.
Triangle Drill Results Summary
The following table highlights selected intercepts from this set of drill results. Additional results for drill holes disclosed in this news release can be found at the link below. Individual composites are disclosed as both uncapped and capped (when applicable) with individual values capped at 34.3 g/t Au.
(see pr for table) http://www.integragold.com/s/news_releases.asp?ReportID=777173
Downhole thickness; true width varies depending on drill hole dip; most drill holes are aimed at intersecting the vein structures close to perpendicular therefore true widths are close to downhole widths (approximately 85-90% conversion ratio); true widths of C structure intercepts are presented on longitudinal sections.
Selection of mineralized intervals are based on geological observations, i.e. on the amount of quartz veining, and on a 1.00 g/t Au cut-off for compositing; composited intervals are presented uncap and capped (when applicable) with individual values capped at 34.3 g/t Au; no minimum thicknesses con
To view the assay results table for drill holes released today please click on the following link (note: new results are identified in red font):
http://www.integragold.com/i/pdf/2016_CompCompilation_Triangle_01Feb2017.pdf
To view a cross section of Triangle and the No. 4 Plug Deposit please click on the following link:
http://www.integragold.com/i/maps/Triangle_Longsection_Feb2017.pdf
Infill Drilling on the C2 Structure Intersects Significant High-Grade Mineralization within the Proposed Bulk Sample Target Area
The objective of the infill drill program on C2 and associated C Splay structures is to further define the internal continuity of gold mineralization while providing additional information to guide the construction of the underground exploration ramp. To date, the underground exploration ramp has advanced 582 m and will reach the first of the selected areas destined for bulk sampling in the coming months.
The recent infill drill results within the proposed target area for the bulk sample are quite significant and include numerous high-grade intersects. Reported drill results for the C2 and C2-Splay structures include the following (all results uncapped, downhole width, see assay tables for details):
53.70 g/t Au over 2.10 m (C2-30 - TM-16-222A)
40.43 g/t Au over 2.80 m (C2 - TM-16-225)
36.86 g/t Au over 5.55 m (C2 - TM-16-229A)
22.06 g/t Au over 7.85 m (C2 - TM-16-226)
17.29 g/t Au over 2.65 m (C2 - TM-16-224BW01)
6.97 g/t Au over 3.00 m (C2 - TM-16-228)
5.92 g/t Au over 4.20 m (C2 - TM-16-238)
As illustrated in the longitudinal section for C2 (see link below), results from numerous intercepts are still pending. Note that the true thicknesses of intervals are indicated on all longitudinal sections and will differ from downhole lengths reported in the drill assay tables.
http://www.integragold.com/i/pdf/-LS_C2-DDH_20170201_with%20class.pdf
C2 Structure Intersected Underground 75 m West of the Known Limit of C2
The C2 structure was intersected underground in a southerly driven electrical-bay crosscut off the Triangle exploration ramp at an elevation of 260 m above sea level or approximately 65 m below surface. This crosscut in the C2 is located approximately 75 m west of the previously known limit of the C2 resource, suggesting additional resource upside may exist within the western extension of C2. Two continuous chip channel samples covering the entire exposed structure were taken on the east and west faces, with the faces located approximately 15 m apart. The west face channel sample returned 4.34 g/t Au over 6.00 m (including 6.25 g/t Au over 4.00 m) and the east face channel sample returned 6.30 g/t Au over 2.30 m (including 11.03 g/t Au over 1.80 m). To ensure proper QA/QC protocols were followed, blank and standard samples were inserted in the sample stream. Individual samples grade up to 18.38 g/t Au.
Click on the link below to view 4 photos of the two faces that were channel sampled. Note, C2 is dipping south up to 55 degrees:
http://www.integragold.com/i/pdf/Photos%20C2%20East-West%20Faces.pdf
Drilling on C4 and C5 Structures Continue to Provide Confidence in the Continuity and Potential of these Structures
The results disclosed today from drilling completed on the C4 and the C5 Structure ("C5") continue to demonstrate good internal mineralization continuity at Triangle and supports the Company's current geological and resource model. Successful expansion drilling at C5 also indicates the potential for further resource growth at depth.
Drill hole TM-16-211AW01M02 returned 28.49 g/t Au over 2.10 m in one of the footwall splays (C4-50) and demonstrates the potential for these sub-parallel C Splay structures to positively impact the global resource estimate at Triangle. Other C4 and C5 drill results announced today include:
13.33 g/t Au over 7.70 m (C4 - TM-16-216W01M01)
8.17 g/t Au over 5.75 m (C4 - TM-16-222AW01M02)
19.19 g/t Au over 2.30 m (C5 - TM-16-222AM01)
As illustrated in the vertical longitudinal section of C4 (see link below), additional results are pending from infill and extensional drill holes at various depths ranging from 325 m to 825 m vertical.
http://www.integragold.com/i/pdf/-LS_C4-DDH_20170201_with%20class.pdf
Longitudinal sections for the other C Structures are provided by clicking on the following links:
C1 Structure: http://www.integragold.com/i/pdf/-LS_C1C120-DDH_20170201_with%20class.pdf
C5 Structure: http://www.integragold.com/i/pdf/-LS_C5-DDH_20170201_with%20class.pdf
C6 Structure: http://www.integragold.com/i/pdf/-LS_C6-DDH_20170201.pdf
Lamaque Project Exploration Program Summary
The results announced today are from 42 drill holes (including partial holes, wedges and abandoned holes) representing 16,800 m of drilling. Drill results from 2016 and 2017 are pending from an additional 28 drill holes representing 9,750 m at Triangle. By the time of this news release all samples will have been received from the 2016 drill program at Triangle and will be included in the resource estimate update planned for Q1 2017. Results will continue to be disclosed as they become available.
In 2016, 123,230 m of drilling was completed at Lamaque, of which 104,820 m was completed on Triangle. As of January 30, 2017, a total of 8,325 m (39 completed or ongoing holes) of drilling was completed at Lamaque, of which 7,926 m of drilling in 38 holes was completed on Triangle. A total of six drill rigs are currently operating at Lamaque; three drill rigs are continuing with the Triangle infill and expansion drill program, two drill rigs are operating on the No. 4 Plug Deposit and one drill rig is testing the Lamaque Deep target.
Project and Company Profile
Integra Gold is a junior gold exploration company advancing projects in Val-d'Or, Québec, one of the top mining jurisdictions in the world. The Company's primary focus is its high-grade Lamaque South project. In the fall of 2014, Integra completed the accretive acquisition of the Sigma Mill and Mine Complex, a fully permitted 2,200 ton per day mill and tailings facility. With major federal and provincial permits in place, existing infrastructure and significant exploration potential, this acquisition removed major costs and shortened timelines typically associated with mine projects. Integra has raised over $125 million since 2013, at successively higher share prices, despite depressed gold prices. In August 2015, Eldorado Gold Corporation completed a strategic investment in Integra, acquiring 15% of the outstanding common shares. Integra was named to the TSX Venture top 50 performers in 2015 and the OTCQX Best 50 award for 2015.
Qualified Person
The Lamaque project is under the direct supervision of Hervé Thiboutot, Eng., Senior Vice-President of the Company, Jacques Simoneau, P. Geo., Exploration Manager of the Company, and for underground work by Jessy Thelland, P. Geo., underground Chief Geologist at Integra. Mr. Thiboutot, Mr. Simoneau, and Mr. Thelland are Qualified Persons ("QPs") as defined by the National Instrument 43-101. The Company's QPs have reviewed the technical content of this release.
Quality Assurance - Quality Control ("QA/QC")
Thorough QA/QC protocols are followed on the project including insertion of duplicate, blank and standard samples in all drill holes. The core samples are submitted directly to the Bourlamaque and ALS Laboratories in Val-d'Or for preparation and analysis. Analysis is conducted on 1 assay-ton aliquots. Analysis of Au is performed using fire assay method with atomic absorption (AA) finish, with a gravimetric finish completed for samples exceeding 5 g/t Au. Results published are from the gravimetric finish if above 5 g/t Au and from the AA finish if lower than 5 g/t Au.
ON BEHALF OF THE BOARD OF DIRECTORS
Stephen de Jong
CEO & President
CONTACT INFORMATION
Corporate Inquiries:
Chris Gordon: chris@integragold.com
Or visit the company website: www.integragold.com
Follow Integra Gold On:
• Twitter: http://twitter.com/integragoldcorp
You're not wrong ricky, just early I think. You have a legit gold exploration company with million of ounces of gold. The NI compliant resources are already logged. They have cash on hand to do more exploration. These will become the hottest stocks in the whole sector when gold breaks over $1400. Hang in there I think this is a good one. I've been buying the last few months.
When I was researching Eastmain resources I found out that ICG owns 9.1% of Eastmain resources which is a pretty legit company too.
http://www.eastmain.com/_resources/presentations/corporate-presentation.pdf
I keep my personal research notes on small cap gold and silver mining stocks over on this board. I would be interested to hear your ideas on any stocks you really like in this sector.
http://investorshub.advfn.com/Gold-and-Silver-miners-(Jr-and-Exploration)-31154/
Guess I was wrong, too early I hope.
I'd like to put it in writing that I think ICG is a good investment on this day at .81
Money's green, and gold in this case. I'll take a buyout at the right price from anyone. GLTA
Eldorado will not be buying Integra, they have not maintained their 15% of Integra shares. Eldorado is probably too busy with their mines in Greece and I am glad not to get shares in Eldorado.
With the new take-over regulations in Canada, there may not be a take-over and I would like to see Integra go into production on their own.
I agree, ICG = Strong buy
very possible
icg = strong buy
Very nice assays!
Integra Gold Announces Best Results to Date on Triangle Zone with 14.2 g/t Gold over 11.0 meters, 10.5 g/t Gold over 13.0 meters and 26.5 g/t Gold over 6.0 meters
Press Release Highlights
ICG continues to confirm upside resource potential with the majority of the reported high grade intercepts coming from the deeper sections of the Triangle Zones, previously included in the PEA as inferred resources, or outside the resource envelops, extending known mineralization laterally and at depth
Some of the intercepts disclosed today represent the widest and highest metal-factor intercepts ever reported for the Triangle Zone
Other significant intersections include:
TM-14-15 with 10.39 grams/tonne gold ("g/t Au") Au over 4.0 meters ("m")
TM-14-32 with 23.34 g/t Au over 1.0 m
TM-14-33 with 15.88 g/t Au over 4.0 m
TM-14-43 with 13.73 g/t Au over 1.0 m, 25.33 g/t Au over 2.0 m, and 14.49 g/t Au over 2.0 m
http://www.integragold.com/s/news_releases.asp?ReportID=654519#spnl
Followers
|
1
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
21
|
Created
|
02/11/14
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |