Tuesday, 3 January 2012

Integra Mining: diamond drilling intercepts high grade gold, copper mineralisation at Randalls

Integra Mining (ASX: IGR) has exited a trading halt today as it releases assays from follow up diamond drilling at its Imperial prospect which returned high grade gold-copper intersections including 6.2 metres at 13.43 grams per tonne (g/t) gold and 1.5% copper.

Highlights also include an interval of 2 metres at 31.1g/t gold and 1.3% copper.

The diamond drill hole was designed to provide structural information on the mineralisation controls of the previously reported reverse circulation drilling results, including 19 metres at 4.39g/t gold – which has not yet been assayed for copper.

Gold mineralisation at the Imperial prospect, which is located 500 metres northwest of the Majestic gold deposit, is hosted within the same granodiorite unit hosting the Majestic deposit and appears to be associated with a similar series of porphyry dykes.

Mineralisation at the prospect is open along strike to the north where shallow WMC-era reverse circulation drilling intercepted 2 metres at 1.8g/t from 52 metres, and to the south where there is no reverse circulation drilling for some 200 metres.

Results from additional reverse circulation drilling along strike completed before the end of last year are expected to be received in the next few weeks.

In November last year, Integra received promising intersections from first pass reverse circulation drilling at the Imperial prospect.

Highlights include 19 metres at 4.39g/t of gold, including 2 metres at 7.37g/t gold and 1 metre at 40.81g/t, and 4 metres at 3.13g/t.

Imperial is part of Integra’s Randalls Gold Project located 60-130 kilometres east of Kalgoorlie in Australia’s most prolific goldfield.

Randalls has a JORC Resource of 30 million tonnes at 2.6g/t for 2.5 million ounces of contained gold.

Further defining the project’s potential is that almost 1.4 million ounces of that is in the higher confidence Measured and Indicated categories.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/23783/integra-mining-diamond-drilling-intercepts-high-grade-gold-copper-mineralisation-at-randalls--23783.html

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