Resource World Magazine

Resource World - Aug-Sept 2015 - Vol 13 Iss 5

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a u g u s t / s e p t e m b e r 2 0 1 5 www.resourceworld.com 29 Over 40 of the properties host compli- ant and/or historical resources. A recent acquisition of note is the acquisition of a pyrophyllite-gold property near Val d'Or. Pyrophyllite is an industrial mineral with many applications. Globex also expanded its Turner Falls rare earths property near Kipawa where there have been encourag- ing TREO values as well as tantalum and niobium. iAMGold Corp. [IMG-TSX; IAG-NYSE] has been exploring the tomagold Corp. [LOT-TSXV] Monster Lake property 50 km southwest of Chibougamau to earn a 50% interest. The company reported assays from the 2015 winter diamond drilling program completed in April and totaling 7,782 metres from 21 drill holes. Highlights from the 325 – Megane Zone and Monster Lake Shear Zone include hole ML15-134 with 1.46 metres grading 18.80 g/t gold; hole ML15-135 with 1.39 metres of 7.25 g/t gold; hole ML15-147 with 3.41 metres of 4.51 g/t gold and 10.72 metres of 3.64 g/t gold that includes 2.08 metres of 9.04 g/t gold. integra Gold Corp. [ICG-TSXV; ICGQF- OTCQX] has received the Certificate of Authorization for underground decline development work at the Triangle Zone on its Lamaque South property near Val d'Or. The project hosts indicated 811,010 oz gold at 9.5 g/t and 276,000 oz gold at 10.9 g/t inferred. NPV is $184.3 million pre-tax and a 77% pre-tax IRR for a 2,220 tpd mine. Intergra is also offering a $1 million prize in its Gold Rush Challenge contest to anyone that can figure out where a gold discovery can be made at its adjacent Sigma-Lamaque property. Online prospec- tors will analyze and interpret the data to come up with a plan on where they think Integra has the best chance of making a major gold discovery. Further details on what specific types of submissions the company is looking for will be announced in the coming months, prior to the data- base being made public in September. Mason Graphite inc. – see page 44. The mining industry is gathering in Montréal. Be there! Continued on page 61

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