INTEGRA INTERSECTS 1.46 g/t AuEq OVER 134 M IN METALLURGICAL DRILL PROGRAM AT DELAMAR
TSXV: ITR; NYSE American: ITRG
www.integraresources.com
The core samples from the drill program will be used for comprehensive mineralogical analysis, Crusher Work Index ("CWI") testing and additional heap leach recovery analysis, including bottle roll, permeability and column leach testwork. The metallurgical drill results from the program will be used to develop an advanced geo-metallurgical model that will support future economic studies at the Project. Geotechnical drilling was also completed in the proposed open pits at the Project to further bolster the 3D geotechnical model and to provide additional data for the Draft Mine Plan of Operations ("MPO"), which was submitted to the
- The latest drilling highlights from the Florida Mountain Deposit include:
- DH-FLM-23-MET02: 1.42 g/t grams per tonne ("g/t") gold ("Au") and 3.36 g/t silver ("Ag") (1.46 g/t gold equivalent ("AuEq")) over 134.11 m, including 103.57 g/t Au and 30.55 g/t Ag (103.96 g/t AuEq) over 1.52 m
- Excluding the high-grade intercept, the residual grade of DH-FLM-23-MET02 is 0.25 g/t Au and 3.05 g/t Ag (0.29 g/t AuEq) over 132.59 m, which is above the cut-off grade of 0.17 g/t AuEq1
- DM-FLM-23-MET09: 0.30 g/t Au and 17.03 g/t Ag (0.52 g/t AuEq) over 139.90 m, including 1.49 g/t Au and 437.00 g/t Ag (7.11 g/t AuEq) over 1.53 m
- Excluding the high-grade intercept, the residual grade of DH-FLM-23-MET09 is 0.29 g/t Au and 12.39 g/t Ag (0.45 g/t AuEq) over 138.37 m, which is above the cut-off grade of 0.17 g/t AuEq1
- DH-FLM-23-MET12: 0.35 g/t Au and 2.22 g/t Ag (0.38 g/t AuEq) over 80.47 m
- DH-FLM-23-MET15: 0.28 g/t Au and 3.58 g/t Ag (0.32 g/t AuEq) over 189.89 m
- DH-FLM-23-MET02: 1.42 g/t grams per tonne ("g/t") gold ("Au") and 3.36 g/t silver ("Ag") (1.46 g/t gold equivalent ("AuEq")) over 134.11 m, including 103.57 g/t Au and 30.55 g/t Ag (103.96 g/t AuEq) over 1.52 m
- The latest drilling highlights from the DeLamar Deposit include:
- DH-DLM-23-MET23: 0.27 g/t Au and 7.12 g/t Ag (0.36 g/t AuEq) over 84.89 m
- DH-DLM-23-MET24: 0.74 g/t Au and 115.94 g/t Ag (2.24 g/t AuEq) over 49.99 m, including 1.47 g/t Au and 263.48 g/t Ag (4.87 g/t AuEq) over 15.24 m
- Excluding the high-grade intercept, the residual grade of DH-DLM-23-MET24 is 0.42 g/t Au and 51.23 g/t Ag (1.08 g/t AuEq) over 34.75 m, which is above the cut-off grade of 0.17 g/t AuEq1
- DH-DLM-23-MET33: 0.27 g/t Au and 24.90 g/t Ag (0.59 g/t AuEq) over 52.73 m
- DH-DLM-23-MET38: 0.45 g/t Au and 14.33 g/t Ag (0.64 g/t AuEq) over 74.98 m
(1) |
Cut-off grade described in NI 43-101 technical report titled: "Technical Report and Preliminary Feasibility Study for the DeLamar and Florida Mountain Gold-Silver project, |
Integra's President, CEO & Director,
The following table highlights selected intercepts from the 2023 Florida Mountain Deposit drill program announced today1,2,3,4:
Drill Hole |
From |
To |
Interval |
g/t Au |
g/t Ag |
g/t AuEq |
DH-FLM-23-MET02 |
14.33 |
148.44 |
134.11 |
1.42 |
3.36 |
1.46 |
including |
102.72 |
104.24 |
1.52 |
103.57 |
30.55 |
103.96 |
DH-FLM-23-MET05 |
0.00 |
111.25 |
111.25 |
0.13 |
18.36 |
0.36 |
DH-FLM-23-MET07 |
52.12 |
144.93 |
92.81 |
0.21 |
4.92 |
0.27 |
DH-FLM-23-MET09 |
0.00 |
139.90 |
139.90 |
0.30 |
17.03 |
0.52 |
including |
47.24 |
48.77 |
1.53 |
1.49 |
437.00 |
7.11 |
DH-FLM-23-MET11 |
0.00 |
130.15 |
130.15 |
0.22 |
7.17 |
0.31 |
DH-FLM-23-MET12 |
5.79 |
86.26 |
80.47 |
0.35 |
2.22 |
0.38 |
DH-FLM-23-MET14 |
63.40 |
120.09 |
56.69 |
0.34 |
7.21 |
0.43 |
DH-FLM-23-MET15 |
0.00 |
189.89 |
189.89 |
0.28 |
3.58 |
0.32 |
(1) |
Downhole thickness is true thickness. |
(2) |
Intervals reported are uncapped. |
(3) |
AuEq = g/t Au + (g/t Ag ÷ 77.70). Rounding may cause minor discrepancies in the AuEq column. |
(4) |
Certain intervals were not sampled because they were utilized for alternative purposes requiring intact core (i.e. - geotechnical analysis, additional metallurgical tests). These unsampled intervals (~1% of the total program footage) have been replaced by 'zero grade' for the purposes of this news release. |
The following table highlights selected intercepts from the 2023 DeLamar Deposit drill program announced today1,2,3,4:
Drill Hole |
From |
To |
Interval |
g/t Au |
g/t Ag |
g/t AuEq |
DH-DLM-23-MET23 |
0.00 |
84.89 |
84.89 |
0.27 |
7.12 |
0.36 |
DH-DLM-23-MET23 |
116.43 |
145.09 |
28.66 |
0.39 |
5.77 |
0.47 |
DH-DLM-23-MET24 |
0.00 |
49.99 |
49.99 |
0.74 |
115.94 |
2.24 |
including |
17.37 |
32.61 |
15.24 |
1.47 |
263.48 |
4.87 |
DH-DLM-23-MET29 |
20.73 |
39.81 |
19.08 |
0.13 |
13.52 |
0.30 |
DH-DLM-23-MET29 |
57.30 |
160.02 |
102.72 |
0.12 |
18.31 |
0.35 |
DH-DLM-23-MET31 |
67.67 |
112.47 |
44.80 |
0.33 |
21.83 |
0.61 |
DH-DLM-23-MET33 |
0.00 |
52.73 |
52.73 |
0.27 |
24.90 |
0.59 |
DH-DLM-23-MET34 |
2.44 |
58.83 |
56.39 |
0.14 |
16.87 |
0.36 |
DH-DLM-23-MET35 |
16.15 |
80.16 |
64.01 |
0.21 |
9.51 |
0.33 |
DH-DLM-23-MET36 |
0.00 |
110.64 |
110.64 |
0.20 |
11.41 |
0.34 |
DH-DLM-23-MET37 |
0.00 |
74.98 |
74.98 |
0.16 |
15.57 |
0.36 |
DH-DLM-23-MET38 |
0.00 |
74.98 |
74.98 |
0.45 |
14.33 |
0.64 |
DH-DLM-23-MET41 |
0.00 |
45.72 |
45.72 |
0.20 |
3.74 |
0.25 |
DM23-MET-P8 |
0.00 |
47.24 |
47.24 |
0.36 |
17.76 |
0.59 |
(1) |
Downhole thickness is true thickness. |
(2) |
Intervals reported are uncapped. |
(3) |
AuEq = g/t Au + (g/t Ag ÷ 77.70). Rounding may cause minor discrepancies in the AuEq column. |
(4) |
Certain intervals were not sampled because they were utilized for alternative purposes requiring intact core (i.e. - geotechnical analysis, additional metallurgical tests). These unsampled intervals (~1% of the total program footage) have been replaced by 'zero grade' for the purposes of this news release. |
Follow the link below to view drill collar location maps for the Florida Mountain Deposit drill program:
https://integraresources.com/site/assets/files/2572/dc_feb_location_-_fm_nr_-_full_extent_vf.pdf
Follow the link below to view drill collar location maps for the DeLamar Deposit drill program:
https://integraresources.com/site/assets/files/2572/dc_feb_location_-_dm_nr_-_full_extent_vf.pdf
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
The scientific and technical information contained in this news release has been reviewed and approved by Raphael Dutaut, Ph.D (
The past producing
Integra is one of the largest precious metals exploration and development companies in the
ON BEHALF OF THE BOARD OF DIRECTORS
Jason Kosec
President, CEO and Director
Certain information set forth in this news release contains "forward‐looking statements" and "forward‐looking information" within the meaning of applicable Canadian securities legislation and applicable
Forward-looking statements are often identified by the use of words such as "may", "will", "could", "would", "anticipate", "believe", "expect", "intend", "potential", "estimate", "budget", "scheduled", "plans", "planned", "forecasts", "goals" and similar expressions. Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such information is provided. Assumptions and factors include: the Company's ability to complete its planned exploration programs; the absence of adverse conditions at mineral properties; no unforeseen operational delays; no material delays in obtaining necessary permits; the price of gold remaining at levels that render mineral properties economic; the Company's ability to continue raising necessary capital to finance operations; and the ability to realize on the mineral resource and reserve estimates. Forward‐looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward‐looking statements. These risks and uncertainties include, but are not limited to: integration risks; general business, economic and competitive uncertainties; the actual results of current and future exploration activities; conclusions of economic evaluations; meeting various expected cost estimates; benefits of certain technology usage; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); title to properties; and management's ability to anticipate and manage the foregoing factors and risks. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Readers are advised to study and consider risk factors disclosed in Integra's annual report on Form 20-F dated
There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward‐looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The forward-looking statements contained herein are presented for the purposes of assisting investors in understanding the Company's plans, objectives and goals, and may not be appropriate for other purposes. Forward-looking statements are not guarantees of future performance and the reader is cautioned not to place undue reliance on forward‐looking statements.
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
Neither the
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