Overview

There is no better place than Quebec to explore for gold.

Key Facts

Val-d’Or, Québec, Canada

Location

Lamaque Project - 3,664.55 ha

Size

Gold

Metal

Sigma-Lamaque Milling Complex and Mine, Acquired October 2014

Milling

100%, 2% NSR to Osisko Gold Royalties(1% buyback)

Ownership

Advanced Exploration. Updated PEA Released Q1 2017

Staging

Table 1

March 2017 Global Lamaque Resource Estimate (3 g/t Au Cut-Off)

DepositIndicatedInferred
TonnesGrade
(g/t Au)
Ounces
(Au)
TonnesGrade
(g/t Au)
Ounces
(Au)
Triangle(1)6,262,0007.321,473,5905,441,0005.67991,800
No. 4 Plug (2)505,4486.67108,443915,9036.84201,464
Parallel (3)761,1007.48182,920382,1005.7270,290
No. 6 Vein (4)462,8005.6083,450362,0006.4074,240
Fortune (5)330,2005.1053,66028,1004.604,160
Sixteen (6)91,7005.2015,4401,8004.20250
Total8,413,2487.091,917,4437,130,9035.861,342,204

Table 2

March 2017 Global Lamaque Resource Estimate (5 g/t Au Cut-Off)

DepositIndicatedInferred
TonnesGrade
(g/t Au)
Ounces
(Au)
TonnesGrade
(g/t Au)
Ounces
(Au)
Triangle(1)4,004,7009.241,189,5502,501,1007.85631,200
No. 4 Plug (2)300,4178.5682,634579,4328.59160,028
Parallel (3)426,80010.29141,210184,1007.7045,560
No. 6 Vein (4)201,3007.9051,280239,8007.5058,080
Fortune (5)155,0006.3031,6209,4006.601,990
Sixteen (6)41,8006.909,2504006.4090
Total5,130,0179.131,505,5443,514,2327.94896,948


1. Triangle: Effective date is March 17, 2017; specific gravity of 2.8 g/cm3; geologically constrained model with hard boundary; capping of 20 g/t Au on composites when estimated cells are more than 15 m from drill hole otherwise uncapped; composited to full length for each zone intersection before geostatistical analysis; 2 m minimum true thickness, if required diluted with in situ grade when assay results are available otherwise diluted with “zero” grade; ordinary kriging; 3 g/t cut-off calculated for official resource numbers.

2. No. 4 Plug: Effective date is October 28, 2016; Specific gravity of 2.80 g/cm3; geologically constrained model with hard boundary; capping of 20 g/t Au on composites when estimated cells are more than 15 m from drill hole otherwise uncapped; composites are 1 m in downhole length before geostatistical analysis; 2 m minimum true thickness, if required diluted with in situ grade when assay results are available otherwise diluted with “zero” grade; ordinary kriging; 3 g/t cut-off calculated for official resource numbers.

3. Parallel: Effective date is February 05, 2016; Specific gravity of 2.80 g/cm3; geologically constrained model with hard boundary; capping of individual gold values at 100 g/t Au then capping of 20 g/t Au on composites when estimated cells are more than 15 m from drill hole otherwise uncapped; composited to 1 m downhole length before geostatistical analysis; 2 m minimum true thickness, if required diluted with in situ grade when assay results are available otherwise diluted with “zero” grade; ordinary kriging; 3 g/t cut-off calculated for official resource numbers.

4. No. 6 Vein: Effective date is June 17, 2016; Specific gravity of 2.80 g/cm3; geologically constrained model with hard boundary; capping of 20 g/t Au on composites when estimated cells are more than 15 m from drill hole otherwise uncapped; composited to 1 m downhole length before geostatistical analysis; 2 m minimum true thickness, if required diluted with in situ grade when assay results are available otherwise diluted with “zero” grade; ordinary kriging; 3 g/t cut-off calculated for official resource numbers.

5. Fortune: Effective date is April 06, 2015; Specific gravity of 2.82 g/cm3; geologically constrained model with hard boundary; individual gold values uncap; composited to 1 m downhole length before geostatistical analysis; 2 m minimum true thickness, if required diluted with in situ grade when assay results are available otherwise diluted with “zero” grade; ordinary kriging; 3 g/t cut-off calculated for official resource numbers.

6. Sixteen: Effective date is November 18, 2013; Specific gravity of 2.80 g/cm3; geologically constrained model with hard boundary; individual gold values capped at 35 g/t Au; composited to 0.7 m downhole length before geostatistical analysis; 2 m minimum true thickness, if required diluted with in situ grade when assay results are available otherwise diluted with “zero” grade; ordinary kriging; 3 g/t cut-off calculated for official resource numbers.

The mineral resources presented herein are not mineral reserves and thus do not have demonstrable economic viability. The mineral resources for the Lamaque Project were estimated in conformity with CIM “Estimation of Mineral Resources and Mineral Reserves Best Practices” guidelines and are reported in accordance with NI 43-101.

Christian D’Amours, P.Geo. is the qualified person that prepared the mineral resource estimate.

Disclosure of a scientific and technical nature in respect of the Lamaque Project on this webpage was reviewed and approved by Hervé Thiboutot, Senior Vice President of Integra, who is a qualified person for the purposes of NI 43-101. The scientific and technical information with respect to the Lamaque Project has been derived from the NI 43-101 technical report entitled “Technical Report and Fall 2016 Mineral Resource Estimate Update for the Lamaque Project” dated effective November 16, 2016. The technical report has been filed under the Company’s profile on SEDAR at www.sedar.com and includes relevant information regarding the effective date and the assumptions, parameters and methods of the mineral resource estimates on the Lamaque Project contained on this webpage and provides details on the preliminary economic assessement with respect to the Lamaque Project. The preliminary economic assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that the preliminary economic assessment will be realized.

Read More

Integra Gold’s main focus is its Lamaque Gold Project located directly east of the city in Val-d’Or, Québec, approximately 550 km northwest of Montréal. The property is situated along the Abitibi greenstone belt, one of the most prolific gold mining districts in the world. The province of Québec offers the people, talent, culture and government support that are key foundations of operational success.

The Lamaque Gold Project includes the Lamaque South property and the historic Sigma-Lamaque Mines and Milling Complex.

Integra has an aggressive plan to prove up existing resources while expanding exploration to grow both the grade and size of the project’s potential production scenarios. Integra believes it can be a high grade, low cost project with significant growth potential by effectively utilizing the Triangle and Parallel deposits, combined with the No. 4 Plug, the historic Sigma Deposit, Lamaque Deep and additional high value targets. Our vision is to define and develop these deposits and targets over the course of next few years as we execute on our growth plan.

Project Highlights

  • High Grade and Growing: Consistent, high grade resource growth over the past 3 years
  • World Renown Jurisdiction, Established Infrastructure and Existing Permits: Québec focused with environmental permits in place and 2,400 tonnes per day in milling infrastructure
  • High Profile Project: One of few independent, high quality, Canadian exploration projects remaining

Infrastructure

  • Fully permitted 2,400 tpd mill and tailings facility
  • Federal and environmental impact assessment studies not required
  • Updated Preliminary Economic Assessment expected Q1 2017
  • Underground Ramp construction underway
  • Water, power and necessary buildings for Triangle Exploration Ramp in place
  • Multiple drills in operation, drill contractor’s offices located 5 km from project
  • All staff live in City of Val-d’Or (population 35,000), directly adjacent to the project
  • The Project is accessed by private and public road