Integra Gold Corp. [ICG-TSXV; ICGQF-OTCQX] has released the second round of assay results from its fall 2015/winter 2016 drill program on the Triangle deposit on the Lamaque South gold project located in Val d’Or, Quebec. Press release highlights:
Significant high-grade gold mineralization was reported in infill drilling on the C1 structure at relatively shallow depths from surface confirming the continuity of that zone with uncut intercepts including 209.28 g/t gold over 1.5 metres in hole TM-15-061 (average 34.3 g/t gold when samples capped at 34.3 g/t gold), 45.97 g/t gold over one metre in hole TM-15-056 (average 21.79 g/t gold when capped at 34.3 g/t gold) and 12.9 g/t gold over 3.2 metres in TM-15-050 (same average when capped at 34.3 g/t gold); all reported thicknesses are downhole widths.
Results from step-out drilling conducted on the steeply dipping C5 mineralized structure at Triangle (structurally below the main C4) appear to extend the known limits of the structure up to 250 metres farther east of previously reported intercepts with mineralization grading 5.64 g/t gold over 2.5 metres (downhole width) reported in TM-15-053; high-grade intercepts of 51.78 g/t gold over 4.3 metres were also reported from infill drilling (TM-15-068) of that same structure (when capped at 34.3 g/t gold, the average grade of this intercept is 16.88 g/t gold). Preliminary results for one hole drilled on the C4 structure 75 metres east of the November, 2015, resource envelope limits, TM-15-064, demonstrates the potential for significant resource expansion on the C4 structure with a reported intercept of 6.42 g/t gold over 4.9 metres; results are partial for this hole with the last available assayed intervals returning 4.36 g/t goldu with results for the last 350 metres of sampled core still pending.
“These impressive new results from the ongoing exploration program at Triangle are significant as they demonstrate the potential for high-grade gold mineralization to extend well beyond the previously disclosed resource boundary limits,” said Stephen de Jong, President and CEO. “Significant and at times spectacular high-gold grades are now also being reported in the infill drilling, a situation reminiscent of the historical Lamaque and Sigma mine grade distribution patterns which often presented outstanding gold grades and localized areas hosting abundant free gold,” commented company president and chief executive officer Stephen de Jong. “The bulk of the Triangle zone remains hosted within a series of subparallel, steeply dipping and stacked C structures, displaying a high degree of periodicity, with additional zones interpreted to occur at depths beyond the presently known limits of the deposit. In our view, all of the known C structures remain open for expansion. In the short term, we are also awaiting further results from deeper holes that are designed to test the extents of gold mineralization beyond the 1,000-metre vertical elevation mark.”