Integra Gold Corp.
TSX VENTURE : ICG

Integra Gold Corp.

July 12, 2011 09:00 ET

Integra Gold Intersects 23.3 g/t Gold Over 5.4 Meters at the Triangle Zone on the Lamaque Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2011) - Integra Gold Corp. (TSX VENTURE:ICG) -

  • Drill hole TM-11-07 intercepts 23.27 g/t over 5.41m including 76.30 g/t gold over 1.41m
  • Triangle Zone compilations to be added to future mineral resource update
  • Other significant assays from drilling completed on the same zone earlier this year include:
    • 36.55 g/t gold over 4.51m
    • 6.25 g/t gold over 5m (including 14.45 g/t gold over 1.5m)
    • 15.05 g/t gold over 1.79m (including 25.4 g/t gold over 1.05m)

Integra Gold Corp. (Integra or the "Company") is pleased to announce additional drill results on the Triangle Zone at the Lamaque Gold Project. Drilling on this zone consisted of 3,133 metres in 9 holes (Please refer to April 26, 2011 news release outlining assay results of drill holes 1 – 5). All drill results, once compiled, will be added to a future updated resource estimate which will be released as outlined in our most recent NI 43-101 Mineral Resource Estimate report.

Significant drill intercepts:
Drill Hole From (m) To (m) Length (m) Gold grams/Mt
TM-11-06 276.0 280.5 4.5 9.10
Including 276.0 277.5 1.5 16.90
Including 277.5 279.0 1.5 9.23
TM-11-07 327.3 332.7 5.4 23.27
Including 328.7 330.1 1.4 76.30
337.4 341.9 4.5 5.17
Including 337.4 338.9 1.5 8.46
447.0 449.8 2.8 8.81
Including 447.0 448.5 1.5 12.95
TM-11-08 263.2 264.2 1.0 8.54
298.1 301.0 2.9 4.09
Including 298.1 299.6 1.5 5.43
TM-11-09 80.6 82.2 1.6 5.10
85.0 90.4 5.4 5.45
Including 86.3 87.6 1.3 14.60
and 87.6 89.1 1.5 4.79

For detailed information on these significant results, please click on the following link: http://www.brmstatpack.com/lt/1005/1181/2011-triangle-zone-results-for-holes-6-to-9---marketwire

To view a map of the Triangle Zone please click on the following link: http://www.brmstatpack.com/lt/1005/1182/triangle-zone-insert--map---marketwire

"These drill results are encouraging as they will be included as a new zone for the purpose of a resource calculation update and confirms that we are making significant progress in developing and defining the resource potential of the Triangle Zone," comments Company CEO, John de Jong.

Drilling on the Triangle Zone is part of an overall exploration program designed to increase the size of the Lamaque Gold Project's gold resource. The program consists of approximately 95 drill holes aggregating about 28,500 meters an expansion of the 20,000 metre drill program announced earlier this year. The program is focused on mineralized zones expected to provide additional ounces quickly to the NI 43-101 resource estimate (2,114,742 tons at 5.67 g/t for 385,656 ounces gold Inferred, and 659,959 tons at 4.80 g/t for 101,794 ounces gold Indicated, see press release dated June 26, 2011). Resource compilations on these zones; including the Triangle, Mylamaque and Sixteen Zones, have begun and will be released once all drill hole assays are made available. The Company will then shift its focus to several other zones such as the Parallel and Forestel to expand and upgrade their gold resources. Future plans include working on zones that have non-compliant resources in order to bring them into compliancy and then work on other known and recently discovered mineralized structures that remain to be drill tested. For more in-depth information please refer to our Mineral Resource Estimate summary which is posted on the Company website.

Triangle Zone

The Triangle Zone is located approximately 550 metres south of the No.4 Plug. The mineralization at this zone is hosted by two types of gold-bearing quartz-tourmaline veins. One vein comprises a sub-vertical vein hosted within an east-west trending ductile shear zone (typical of Abitibi Greenstone Belt gold mineralization). The second vein type comprises of sub-horizontal veins which occupy extensional fractures formed between ductile shear zones.

Location & History

Integra believes its Lamaque property has many advantages in that it is located next to Val d'Or, Quebec, where infrastructure and access to mining expertise in the area enhances the future viability of the project. There is potential to significantly increase the gold resource as the zones remain open and gold mineralization found in some zones appear to have similar geological characteristics to the Main Plug (directly north of the property) which produced the majority of its 4.7 million ounces of gold for the adjacent historic Lamaque Mine now owned by Century Mining.

The Lamaque Gold Project's north-eastern boundary lies next to the producing Sigma Mine and pit which has produced 4.7 million ounces of gold from 1935 to the present and has reported significant gold resources and reserves with potential to add more as new modeling processes are implemented and new geological targets defined.

The Lamaque Property is located in the Val-d'Or gold camp in Quebec about 550 km northwest of Montréal, Quebec. The property consists of 4 contiguous mining concessions and twenty (20) mining claims for a total of 1,459 hectares, owned 100% by Integra. None of the claims are within park, forest reserves or other areas that are restricted from exploration and mining.

QUALITY ASSURANCE - QUALITY CONTROL

The Lamaque project exploration is under the direct supervision of Alain Beauregard, P.Geol. of Geologica Inc., an independent qualified person as designated by National Instrument 43-101 who has reviewed the technical content of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

John de Jong, CEO & President

Follow Integra Gold On:

Interview with John de Jong

An interview with CEO & President, Mr. John de Jong discussing the significance of this release will be available on the ICG Facebook and You Tube pages on or before Friday, July 15, 2011.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information