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Integra Gold Corp.

Company Data | Introduction | Projects in Hand | Management
News Update
| Chinese

Address :  Suite 2270, 1055 West Georgia Street
Royal Centre, P.O. Box 11144
Vancouver, BC
Canada V6E 3P3
Tel No.: (604) 629-0891
Fax No.: (604) 229-1055
Web Site: www.integragold.com
E-mail: info@integragold.com
Contact Person: Chris Gordon
Position: Manager of Corporate Development


Company Data

Traded Market: TSX-V; OTC
Traded Symbol: ICG; ICGQF
Outstanding Shares: 445,698,002
52 Week High: $ 0.96
52 Week Low: $ 0.26
Present Price: Click Here


Introduction

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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 Gold Project. In 2014, Integra completed the accretive acquisition of the Sigma Mill and Mine Complex, a fully permitted 2,200-2,400 ton per day mill and tailings facility. With major federal and provincial permits in place, existing infrastructure and exploration potential, this acquisition removed major costs and shortened timelines typically associated with mine projects.


Projects in Hand

Lamaque South Gold Project, Val-d'Or, Québec

Area: 3,664.55 ha
Milling: Sigma-Lamaque Milling and Mine Complex, acquired October 2014
Ownership: 100%, 2% NSR to Osisko Gold Royalties (1% buyback)
Stage: Development, Advanced Exploration. Updated PEA Completed January 2015

Gold Mineral Resources
(including Triangle, No. 4 Plug, Parallel, Sixteen, No. 6 Vein and Fortune Deposits)

Indicated Resources

Inferred Resources

Cut-Off Grade

Ounces

Grade

(g/t Au)

Tonnes

Ounces

Grade

(g/t Au)

Tonnes

3 g/t Au

1,164,600

6.78

5,346,200

1,028,050

7.03

4,551,300

5 g/t Au

872,850

9.04

2,998,300

800,620

9.08

2,743,000

Breakdown by Zone
(3 g/t cut-off)

Indicated Resources

Inferred Resources

Zone

Tonnage
(metric tonnes)

Grade
(g/t Au)

Contained Ounces

(Au)

Tonnage
(metric tonnes)

Grade
(g/t Au)

Contained Ounces

(Au)

Fortune

125,500

5.8

23,600

252,300

5.6

45,220

Triangle

2,648,000

7.37

627,810

3,934,700

6.89

871,530

No. 4 Plug

1,325,100

5.6

237,450

0

0.0

0

Parallel

766,500

7.3

180,750

250,900

10.7

86,460

No. 6 Vein

389,400

6.4

79,550

111,600

6.9

24,590

Sixteen Zone

91,700

5.2

15,440

1,800

4.2

250

Total

5,346,200

6,78

1,164,600

4,551,300

7.03

1,028,050

Integra's Lamaque South Gold Project and Sigma-Lamaque Mill and Mine Complex are located directly east from the city of Val-d'Or along the prolific Abitibi Greenstone belt in the Province of Québec, Canada, approximately 550 km northwest of Montréal.

The Lamaque South property is divided into three clusters, the North, South and West Cluster. The primary targets are the high-grade Triangle zone in the South Cluster and the Parallel zone in the North Cluster. The Sigma Mill, a fully permitted 2,200-2,400 ton per day mill and tailings facility which was acquired by Integra in 2014, is located 1 kilometer from the Parallel zone and 3 kilometres from the Triangle zone. The Sigma-Lamaque Mill and Mine Complex include the historic Sigma and Lamaque Mines which operated for 75 and 52 years respectively and produced more than 9 million ounces of gold in total.

Triangle Zone

Triangle consists of a series of high-grade, parallel, steeply to moderately dipping mineralized shear zones ("C" structures: C1 – C7 structures), hosting gold-bearing quartz-carbonates-tourmaline veins, which contains the majority of the deposit's gold resources.

Drilling conducted since August 2015 at Triangle has focused on infill and step-out/extensional drilling within select areas of the C1, C2, C4, C5 and C6 structures, and on deep testing of Triangle below 1,000m vertically. Characteristic geological host units, structural deformation in the form of shearing and alteration assemblages associated with gold bearing veins are present within the structures observed to date in most drill holes at Triangle. Ongoing results continue to demonstrate the validity of the predictive nature of the geological model and associated high grade gold bearing vein structures.

Parallel Zone

The Parallel Zone is one of the Company's highest grade zones, and is located less than 500 meters from the Lamaque Mine. The Parallel Zone was previously modeled (2011) as a bulk, open pit target, but a re-interpretation of historic drill results combined with results from recent work has led to the development of a new geological model and a significantly higher grade underground resource. With surface drilling the Parallel Zone has been identified to a vertical depth of 400 meters and remains open at depth.

Investment Highlights

  • High grade and growing
    • Consistent, high grade resource growth for +3 years
  • Growing market share in a shrinking field
  • Market tested ability to execute, regardless of gold price
    • Management build company from a $20M market cap in 2012 to +$300M today
  • Best in class: Currency, jurisdiction, infrastructure, permits
  • Driving business through innovation
  • Cashed up with meaningful near term catalysts


Management

Management and Directors

Stephen de Jong, President and Chief Executive Officer, Director

Instrumental in the financing of the Company, having raised over $75 million in equity since assuming the Chief Executive Officer position in 2012 despite the current challenges faced by the mining sector

Led the Company through the transformative and opportunistic acquisition of the Sigma-Lamaque Mill and Mine complex, bringing the project one step closer to production

Hervé Thiboutot, Eng., Senior Vice President

Former VP Exploration at Alamos Gold

25 years of experience at Placer Dome, including Head of Exploration for the Las Christinas project in Venezuela

Langis St-Pierre, Eng., Chief Operating Officer

Former President of IAMGOLD S.A Burkina Faso, Africa

27 years of experience with Cambior/IAMGOLD Corp., including position of Mine Manager and/or General Manager at the Langlois Mine, Bouchard-Hébert Mine, the Sleeping Giant Mine, and the Doyon Mine in Québec

Francois Chabot, MSc., Eng., Operations Manager

Former Director of Richmont’s Beaufor Mine and Monique Project

More than 20 years experience as a geological engineer and extensive experience in Val-d’Or region

Jacques Simoneau, P.Geo., Exploration Manager

Former Principal Geologist, New Exploration Opportunities at Barrick Gold

Exploration Manager for Goldcorp’s Eleonore Project

Held various positions at Placer Dome

Travis Gingras, CMA, MBA, Chief Financial Officer

More than 15 years experience in various senior level financial roles such as Ausenco Ltd. and Powerex Corp.

George Salamis, Executive Chairman

Charles Oliver, Bsc. Geo. (Hons), Director

Petra Decher, CPA, CA, Director

Robert Bryce, Eng., Director

John de Jong, Director


News Update

On August 9, 2016, Integra Gold Corp. announced additional assay results from its Fall 2015/Winter 2016 drill program on the Triangle Deposit situated on the Lamaque South Gold Project in Val-d'Or, Québec. These results continue to highlight the continuity and resource growth potential at Triangle.

Highlights:

  • Results received from the C2, C4, and C5 structures continue to support internal continuity and lateral expansion potential
    • Integra Gold intersects 14.82 g/t gold over 7.9 m in C2 structure, 15.64 g/t gold over 6.7 m and 12.91 g/t gold over 4.0 m in C4-30 footwall splay structure.
  • High grade results from intercepts in the C4-30 footwall splay structure indicating C4 footwall sub-parallel structures carry additional resource potential
  • Results announced in this news release are from 14,370m of 2016 drilling
  • Core logging backlog from the intensive winter drilling program was recently eliminated
  • 4 drill rigs are currently active on the Lamaque Gold Project

Lamaque Project Exploration Program Summary

In 2016 a total of 82,000m has thus far been completed at Lamaque South; drilling is ongoing with 4 drill rigs currently in operation. As of August 10, 2016 drill results are still pending from an additional 137 drill holes at Lamaque representing 51,772m; for Triangle alone there are pending results for 121 drill holes representing 44,370m.


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