Resource World Magazine

D E C E M B E R / J A N U A R Y 2 0 1 7 www.resourceworld.com 19 IntEgRa golD increases lamaque resources; reports high-grade intercepts INTEGRA GOLD CORP. [ICG-TSXV] has completed an independent global resource estimate on its 100%-owned Lamaque South gold project, Val-d'Or, Québec. The update includes resource estimates on the Triangle, No. 4 Plug, Sixteen, Fortune, No. 6 Vein, and Parallel deposits. At the Triangle deposit, at a 5.0 g/t gold cut-off, indicated resources increased 15.2% from 503,420 oz to 580,150 oz grading 8.96 g/t gold. Inferred resources increased 14.5% from 676,960 oz to 774,880 ounces averaging 9.03 g/t gold. A total of 23,800 metres of new drilling was incorporated into the resource estimate. The next resource estimate (Q1 2017) will incorporate an additional 105,000 metres (290 drill holes) of diamond drilling at the Triangle deposit with an estimated assay database cut-off date of December 31, 2016. There has been a remarkable increase in resources at Lamaque. The Triangle indi- cated and inferred resources are now 247% and 505% larger, respectively, than the resource estimate used for the company's most recent PEA of January 2015 (5 g/t cut-off). An updated PEA using the new resource estimates is underway with an expected completion date in early Q1 2017. Not included in the Lamaque property global resource estimate are the lower grade vein clusters at the No. 4 Plug deposit (P4 Clusters) which account for indicated resources of 185,720 oz grad- ing 3.93 g/t gold and inferred resources of 188,900 oz grading 3.12 g/t gold. When included in the total for the Lamaque property resource estimate, global indicated resources increased by 13% while global inferred resources increased by 44%. Six drill rigs are active at Lamaque with 22,550 metres in assays pending. Recent drill results have been outstand- ing, including 40.74 g/t gold over 11.0 metres in step-out drilling on the Triangle C5 Structure and 10.75 g/t gold over 10.5 metres in resource expansion drilling on the C4 Structure (all uncapped). Another recent intercept returned 19.81 g/t gold over 19.0 metres at Triangle. Integra Gold also owns the nearby, fully permitted, 2,400 tonne-per-day, Sigma mill which has a replacement value of $98 million. Much underground development work has been completed, including the exploration decline which has advanced 370 metres towards Triangle. A bulk sam- pling program is expected to be completed in Q3 2017. The company has $43 million in cash plus marketable securities. President and CEO, Stephen de Jong, said, "As Triangle continues to prove itself as the backbone of our company we are also encouraged by what we are seeing at the No. 4 Plug and other satellite deposits as we continue to execute on our strategy of proving up the case for an expanded mine plan which draws mill feed from mul- tiple sources." n miNiN g

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