Integra Resources Corp. (“Integra” or the “Company”)
(TSX-V: ITR; NYSE American: ITRG) is pleased to announce
drill results from the DeLamar Project (“DeLamar” or the “Project”)
located in southwestern Idaho. The results announced today are from
the 2021 drill campaign at the War Eagle target, located
approximately 3 km southeast from Florida Mountain. War Eagle
continues to deliver high-grade gold-silver intercepts which are on
extension from previous drilling, suggesting the presence of
additional high-grade gold silver mineralization at depth and on
strike. “The vast
exploration potential at the DeLamar Project has always been one of
the hallmarks of the Project. War Eagle has always been an
attractive high-grade target at DeLamar with a rich history of
historic underground mining of high-grade gold-silver. The drill
results announced today are on extension from previous drilling at
War Eagle and continue to demonstrate the high-grade potential at
this target. The Company has now identified multiple high-grade
gold-silver mineralized structures at War Eagle with strike lengths
of up to 500 m,” noted Integra President and CEO George Salamis.
The following table highlights selected
intercepts from the 2021 War Eagle drill results announced
today:
Drill Hole |
From (m) |
To (m) |
Interval (m) |
g/t Au |
g/t Ag |
g/t AuEq |
IWE-21-018 |
413.00 |
416.20 |
3.20 |
0.86 |
40.90 |
1.38 |
including |
414.53 |
416.20 |
1.67 |
1.45 |
70.84 |
2.36 |
IWE-21-019 |
269.14 |
277.98 |
8.84 |
0.27 |
9.77 |
0.39 |
IWE-21-019 |
284.84 |
285.51 |
0.67 |
3.51 |
242.00 |
6.63 |
IWE-21-019 |
295.05 |
304.19 |
9.14 |
0.64 |
1.72 |
0.66 |
including |
295.05 |
296.57 |
1.52 |
2.86 |
7.59 |
2.96 |
IWE-21-020 |
324.00 |
325.53 |
1.53 |
7.53 |
15.53 |
7.73 |
IWE-21-020 |
338.33 |
340.22 |
1.89 |
3.11 |
73.41 |
4.06 |
IWE-21-021 |
256.03 |
270.97 |
14.94 |
0.45 |
5.26 |
0.52 |
IWE-21-021 |
292.30 |
296.88 |
4.58 |
4.04 |
17.17 |
4.26 |
including |
292.30 |
294.13 |
1.83 |
9.00 |
12.63 |
9.16 |
IWE-21-021 |
307.24 |
307.64 |
0.40 |
1.64 |
2.66 |
1.67 |
IWE-21-021 |
324.61 |
326.44 |
1.83 |
1.71 |
68.87 |
2.60 |
including |
326.14 |
326.44 |
0.30 |
8.39 |
315.00 |
12.44 |
IWE-21-022 |
271.58 |
279.20 |
7.62 |
0.24 |
7.45 |
0.34 |
IWE-21-022 |
377.34 |
378.87 |
1.53 |
1.38 |
16.30 |
1.59 |
IWE-21-023 |
165.51 |
243.23 |
77.72 |
3.85 |
7.74 |
3.95 |
including |
191.41 |
192.94 |
1.53 |
97.48 |
181.00 |
99.81 |
including |
203.61 |
205.13 |
1.52 |
23.86 |
21.95 |
24.14 |
including |
215.80 |
227.99 |
12.19 |
6.88 |
7.40 |
6.97 |
including |
215.80 |
217.32 |
1.52 |
35.97 |
16.98 |
36.19 |
IWE-21-024 |
0.00 |
10.97 |
10.97 |
0.22 |
6.97 |
0.31 |
IWE-21-024 |
123.60 |
129.69 |
6.09 |
0.24 |
0.68 |
0.25 |
IWE-21-024 |
147.52 |
149.05 |
1.53 |
2.75 |
1.74 |
2.77 |
IWE-21-024 |
216.10 |
232.87 |
16.77 |
0.21 |
2.77 |
0.25 |
IWE-21-024 |
301.45 |
302.82 |
1.37 |
3.51 |
61.39 |
4.30 |
IWE-21-024 |
327.36 |
328.88 |
1.52 |
1.32 |
0.87 |
1.33 |
IWE-21-024 |
331.93 |
333.45 |
1.52 |
1.33 |
0.57 |
1.34 |
IWE-21-025 |
1.98 |
20.57 |
18.59 |
0.42 |
4.65 |
0.48 |
IWE-21-025 |
143.71 |
145.24 |
1.53 |
1.44 |
0.84 |
1.45 |
IWE-21-025 |
227.99 |
237.13 |
9.14 |
0.28 |
4.38 |
0.34 |
(1) 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
70% conversion ratio)(2) Gold equivalent = g Au/t
+ (g Ag/t ÷ 77.70)(3) Intervals reported are
uncappedWar Eagle Target:
Drilling at War Eagle has identified two
parallel mineralized structures approximately 150 m apart with
strike lengths of over 500 m. These principal structures host
high-grade gold and silver mineralization associated with
quartz-pyrite veinlets within rhyolite breccias and brecciated
volcano-sediments. The mineralization identified to date within the
volcanics is considered to be within the diffuse cap which sits
above the modelled high-grade veins within the underlying granite.
The broad distribution of mineralization delineated by the soil
geochemical anomalies indicates considerable lateral dispersion of
mineralization within the permeable volcanic cap, possibly from a
structure several hundred meters east of the known mineralized
structures.
To view cross sections of War Eagle, click on
the links
below:https://integraresources.com/site/assets/files/2572/we_cross_section_one_vuse.pdf
https://integraresources.com/site/assets/files/2572/we_cross_section_two_vuse.pdf
To view a drill plan map of War Eagle, click on
the link
below:https://integraresources.com/site/assets/files/2572/drill_collar_location_-_we_may_2022.pdf
Sampling and QA/QC
Procedure
Thorough QA/QC protocols are followed on the
Project, including insertion of duplicate, blank and standard
samples in the assay stream for all drill holes. The samples are
submitted directly to American Assay Labs in Reno, Nevada for
preparation and analysis. Analysis of gold is performed using fire
assay method with atomic absorption (AA) finish on a 1 assay ton
aliquot. Gold results over 5 g/t are re-run using a
gravimetric finish. Silver analysis is performed using ICP for
results up to 100 g/t on a 5-acid digestion, with a fire
assay, gravimetric finish for results over 100 g/t silver.
Qualified Person
The scientific and technical information
contained in this news release has been reviewed and approved by E.
Max Baker Ph.D. (F.AusIMM), Integra’s Vice President Exploration of
Post Falls, Idaho, a “Qualified Person” (“QP”) as defined in
National Instrument 43- 101 – Standards of Disclosure for Mineral
Projects.
About Integra Resources
Integra is a development-stage mining company
focused on the exploration and de-risking of the past producing
DeLamar gold-silver project in Idaho, USA. Integra is led by the
management team from Integra Gold Corp. which successfully grew,
developed and sold the Lamaque Project, in Quebec, for C$600m in
2017. Since acquiring the DeLamar Project, which includes the
adjacent DeLamar and Florida Mountain gold and silver deposits, in
late 2017, the Company has demonstrated significant resource growth
and conversion while providing robust economic studies in its
maiden preliminary economic assessment and now pre-feasibility
study. An independent technical report for the PFS on the DeLamar
Project has been prepared in accordance with the requirements of NI
43-101 and is available under the Company’s profile at
www.sedar.com and on the Company’s website at
www.integraresources.com.
ON BEHALF OF THE BOARD OF DIRECTORSGeorge
SalamisPresident, CEO and Director
CONTACT INFORMATIONCorporate Inquiries:
ir@integraresources.comCompany website:
www.integraresources.comOffice phone: 1 (604) 416-0576
Forward looking and other cautionary
statements
This news release contains “forward-looking
information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of the applicable
Canadian securities legislation. All statements, other than
statements of historical fact, are forward-looking statements and
are based on expectations, estimates and projections as at the date
of this news release. Any statement that involves discussion with
respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions, future events or performance (often, but
not always using phrases such as “plans”, “expects”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, or “believes” or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved) are not statements of
historical fact and may be forward-looking statements. In this news
release, forward-looking statements relate, among other things, to:
statements about the scope, timing and completion of the
Pre-feasibility study; estimates of metallurgical recovery rates
and the contribution of silver production to mining operations;
anticipated advancement of DeLamar and future exploration
prospects. These forward-looking statements, and any assumptions
upon which they are based, are made in good faith and reflect our
current judgment regarding the direction of our business.
Management believes that these assumptions are reasonable.
Forward-looking information involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors include, among others: risks related to the speculative
nature of the Company’s business; the Company’s formative stage of
development; the Company’s financial position; possible variations
in mineralization, grade or recovery rates; actual results of
current exploration activities; actual results of reclamation
activities; conclusions of future economic evaluations; business
integration risks; fluctuations in general macroeconomic
conditions; fluctuations in securities markets; fluctuations in
spot and forward prices of gold, silver, base metals or certain
other commodities; fluctuations in currency markets (such as the
Canadian dollar to United States dollar exchange rate); change in
national and local government, legislation, taxation, controls
regulations and political or economic developments; risks and
hazards associated with the business of mineral exploration,
development and mining (including environmental hazards, industrial
accidents, unusual or unexpected formation pressures, cave-ins and
flooding); inability to obtain adequate insurance to cover risks
and hazards; the presence of laws and regulations that may impose
restrictions on mining; employee relations; relationships with and
claims by local communities and indigenous populations;
availability of increasing costs associated with mining inputs and
labour; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses,
permits and approvals from government authorities); and title to
properties. Although the forward-looking statements contained in
this news release are based upon what management of Integra
believes, or believed at the time, to be reasonable assumptions,
Integra cannot assure its shareholders that actual results will be
consistent with such forward-looking statements, as there may be
other factors that cause results not to be anticipated, estimated,
or intended.
Forward-looking statements contained herein are
made as of the date of this news release and the Company disclaims
any obligation to update any forward-looking statements, whether as
a result of new information, future events or results, except as
may be required by applicable securities laws. There can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
information.
Cautionary Note for U.S. Investors
Concerning Mineral Resources and Reserves
National Instrument 43-101 - Standards of Disclosure for Mineral
Projects ("NI 43-101") is a rule of the Canadian
Securities Administrators which establishes standards for all
public disclosure an issuer makes of scientific and technical
information concerning mineral projects. Technical disclosure
contained in this news release has been prepared in accordance with
NI 43-101 and the Canadian Institute of Mining, Metallurgy and
Petroleum Classification System. These standards differ from the
requirements of the U.S. Securities and Exchange Commission
(“SEC”) and resource information contained in this
press release may not be comparable to similar information
disclosed by domestic United States companies subject to the SEC's
reporting and disclosure requirements.
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 release.
Integra Resources (AMEX:ITRG)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024
Integra Resources (AMEX:ITRG)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024