Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Elizabeth White, Dana Gardner, AppDynamics Blog, Pat Romanski

News Feed Item

Integra Gold Intersects 91.03 g/t Gold Over 1.0 Meter, 73.75 g/t Gold Over 1.0 Meter and 29.69 g/t Gold Over 3.0 Meters at Parallel Zone

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/19/14 -- Integra Gold Corp. (TSX VENTURE: ICG) -

Press Release Highlights:


--  Results indicate good continuity of gold mineralized high-grade zones
--  High-grade mineralization encountered throughout Parallel Zone deposit
--  All results today from drilling done above 300 m vertical depth
--  Other significant intersections include:
    --  PV-13-22 with 23.94 g/t Au over 1.00 m
    --  PV-13-22 with 15.16 g/t Au over 4.00 m
    --  PV-13-22 with 16.98 g/t Au over 2.00 m
    --  PV-13-25 with 23.79 g/t Au over 3.00 m
    --  PV-13-26 with 19.72 g/t Au over 1.00 m
    --  PV-13-33 with 14.93 g/t Au over 1.00 m

Integra Gold Corp. (TSX VENTURE: ICG) ("Integra" or the "Company") is pleased to announce final results from its 2013 fall/winter Parallel Zone definition drill program at the Lamaque Gold Project located in Val-d'Or, Quebec. The Company completed 12,589 m in 40 drill holes on the Parallel Zone, one of its highest grade zones located in the northern part of the Lamaque Project. Results announced today are from the final 20 holes of this program. The Company currently has three drill rigs operating at the Triangle Zone with a total of 7,050 m in 18 holes completed since January 4, 2014. No assay results are available to date.

"Preliminary interpretation of these results has confirmed the continuity of high-grade mineralization between existing drill holes. More importantly, these results continue to prove our geological model performs well in predicting the location of mineralized structures within the Parallel Zone. As this model is used for both resource estimation and mine planning, it will greatly influence our plans in the future. With all results from Parallel drilling now received, we will proceed with a resource estimate update which will be released later this year," commented Company President and CEO, Stephen de Jong. "The results announced today, along with the results disclosed earlier this month, will not be incorporated into our upcoming preliminary economic assessment ("PEA"), but will be included in future economic evaluations and resource estimations."

Drill result highlights include:


----------------------------------------------------------------------------
  Drill Hole Number      From          To         Interval         Gold
                         (m)          (m)          (m)(i)    Assay (g/t)(ii)
----------------------------------------------------------------------------
      PV-13-21          219.00       222.00         3.00          29.69
----------------------------------------------------------------------------
      PV-13-22          151.00       152.00         1.00          23.94
                        224.00       228.00         4.00          15.16
                        231.00       233.00         2.00          16.98
----------------------------------------------------------------------------
      PV-13-25          125.00       128.00         3.00          23.79
                        188.00       189.00         1.00          10.36
----------------------------------------------------------------------------
      PV-13-26          133.00       134.00         1.00          19.72
                        159.00       160.00         1.00          73.75
                        182.00       183.00         1.00          12.46
----------------------------------------------------------------------------
      PV-13-27          72.00        74.00          2.00          10.63
----------------------------------------------------------------------------
      PV-13-28          83.00        84.00          1.00          91.03
----------------------------------------------------------------------------
      PV-13-29          62.00        64.00          2.00           8.29
                        143.00       149.00         6.00           4.37
                        171.00       174.00         3.00           7.05
                        183.00       185.00         2.00           7.00
----------------------------------------------------------------------------
      PV-13-30          154.00       157.00         3.00           8.16
----------------------------------------------------------------------------
      PV-13-33          39.00        40.00          1.00          14.93
----------------------------------------------------------------------------
      PV-13-35          157.00       159.00         2.00           7.84
----------------------------------------------------------------------------
      PV-13-39          245.00       247.00         2.00           8.48
----------------------------------------------------------------------------

(i) Down-hole thickness, true width varies depending on drill hole dip, most
holes are set to intersect vein structures perpendicularly
(ii) 1.00 g/t Au cutoff - individual assay values uncut - no minimum
thickness

To view a complete table of composited assays for the results announced today (holes PV-13-21 to PV-13-39) please click on the following link:

http://www.integragold.com/i/pdf/2013-Composites-Table-for-Parallel-Zone_v2.pdf

To view a table of composited assays from the first 20 holes completed at the Parallel Zone, which were disclosed in a Company press release on February 11, 2014, please click on the following link:

http://www.integragold.com/i/pdf/2013-Parallel-Drill-Hole-Composites_v2.pdf

Parallel Definition Drilling Program

Drilling at the Parallel Zone focused on reducing the drill spacing to 25-35 m centers for the upper portion of the deposit, above the 300 m vertical threshold. Drill holes had previously been spaced approximately 50 to 75 m apart.

The objective of this program was to transfer inferred resources into the indicated category and to confirm mineralization continuity between existing drill holes. Preliminary indications are that mineralization is continuous between existing drill holes as well as between a number of the high-grade intercepts reported today. The majority of holes disclosed today intersected mineralization where the Company's geological model predicted it should occur, providing further confidence in the model as the Company moves forward. The most significant and high-grade intervals continue to come from Zone 6 which appears to be the most consistent and predictable structure at the Parallel Zone.

2014 Lamaque Drill Program

Planned drilling for 2014 at the Lamaque project has been set at a minimum of 40,000 m. This includes the current 20,000 m definition program at the Triangle Zone, definition drilling at the Fortune Zone, and exploration drilling at Plug No. 5 and Mine No. 3 targets. The Plug No. 5 and Mine No. 3 targets are not currently included in the Lamaque Project's total resource as the Company intends to conduct resource estimation on these targets in the latter part of 2014.

Project and Company Profile

Integra's Lamaque gold project is located in the heart of the Val-d'Or gold camp in the Province of Quebec, Canada, approximately 550 km northwest of Montreal. Quebec is rated one of the best mining jurisdictions in the world. Infrastructure, human resources and mining expertise are readily available.

The Company's primary objective is to continue to prove up additional resources while advancing the existing resource towards production. The project is divided into three main clusters of mineralization, the North, South and West Cluster. The North Cluster consists of the Parallel, Fortune, No. 5 Plug, and No. 3 Mine Zones and is located approximately 1 km northwest from the South Cluster, which includes the No. 4 Plug, Triangle and Triangle South Zones. The Sixteen Zone and No. 6 Vein form the West Cluster.

Qualified Person

The Lamaque exploration project is under the direct supervision of Herve Thiboutot, Eng. and Senior Vice-President of the company, and Francois Chabot, Eng. and Operations and Engineering Manager of the Company, both Qualified Person ("QP") as defined by National Instrument 43-101, and Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., Geo. of Geologica Inc., both independent QP as defined by 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 ALS Laboratory Group and Bourlamaque Labs 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 finish, with a gravimetric finish completed for samples exceeding 5 g/t Au, or a metallic sieve assay for samples containing visible gold. When available the gravimetric or metallic sieve assay results are used for the reported composite intervals.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephen de Jong, CEO & President

Follow Integra Gold On:


--  Twitter: http://twitter.com/integragoldcorp

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals required to complete the private placement and Company's planned exploration activities, that the Company is able to complete the private placement, that the Company is able to procure personnel, equipment and supplies required for its exploration activities in sufficient quantities and on a timely basis and that actual results of exploration activities are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that the private placement will not be completed, that actual results of the Company's exploration activities will be different than those expected by management and that the Company will be unable to obtain or will experience delays in obtaining any required government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely basis. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Every day we read jaw-dropping stats on the explosion of data. We allocate significant resources to harness and better understand it. We build businesses around it. But we’ve only just begun. For big payoffs in Big Data, CIOs are turning to cognitive computing. Cognitive computing’s ability to securely extract insights, understand natural language, and get smarter each time it’s used is the next, logical step for Big Data.
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
There's no doubt that the Internet of Things is driving the next wave of innovation. Google has spent billions over the past few months vacuuming up companies that specialize in smart appliances and machine learning. Already, Philips light bulbs, Audi automobiles, and Samsung washers and dryers can communicate with and be controlled from mobile devices. To take advantage of the opportunities the Internet of Things brings to your business, you'll want to start preparing now.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
In a world of ever-accelerating business cycles and fast-changing client expectations, the cloud increasingly serves as a growth engine and a path to new business models. Dynamic clouds enable businesses to continuously reinvent themselves, adapting their business processes, their service and software delivery and their operations to achieve speed-to-market and quick response to customer feedback. As the cloud evolves, the industry has multiple competing cloud technologies, offering on-premises ...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
As the world moves from DevOps to NoOps, application deployment to the cloud ought to become a lot simpler. However, applications have been architected with a much tighter coupling than it needs to be which makes deployment in different environments and migration between them harder. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, Netflix and so on is at the heart of CloudFoundry – a complete developer-oriented Platform as a Service (PaaS...
In high-production environments where release cycles are measured in hours or minutes — not days or weeks — there's little room for mistakes and no room for confusion. Everyone has to understand what's happening, in real time, and have the means to do whatever is necessary to keep applications up and running optimally. DevOps is a high-stakes world, but done well, it delivers the agility and performance to significantly impact business competitiveness.
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
Over the years, a variety of methodologies have emerged in order to overcome the challenges related to project constraints. The successful use of each methodology seems highly context-dependent. However, communication seems to be the common denominator of the many challenges that project management methodologies intend to resolve. In this respect, Information and Communication Technologies (ICTs) can be viewed as powerful tools for managing projects. Few research papers have focused on the way...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. The DevOps Summit at Cloud Expo – to be held June 3-5, 2015, at the Javits Center in New York City – will expand the DevOps community, enable a wide...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
There is no question that the cloud is where businesses want to host data. Until recently hypervisor virtualization was the most widely used method in cloud computing. Recently virtual containers have been gaining in popularity, and for good reason. In the debate between virtual machines and containers, the latter have been seen as the new kid on the block – and like other emerging technology have had some initial shortcomings. However, the container space has evolved drastically since coming on...