Integra Gold Corp.
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.
Lamaque South Gold Project, Val-d'Or, Québec
Gold Mineral Resources
Breakdown by Zone
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 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.
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.
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
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.
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.