Press Absolution Highlights:
VANCOUVER, British Columbia, Oct. 10, 2018 (GLOBE NEWSWIRE) — Integra Resources Corp. (TSXV:ITR ; OTCQX:IRRZF) (the “Company” or “Integra”) is admiring to advertise the appraisal of a advanced and bank high-grade argent and gold breadth at its 100% endemic DeLamar Project, anchored in southwestern Idaho. The high-grade assignment aftereffect from the Henrietta Target (“the Target” or “Henrietta”) is anchored 500 m west of the accepted DeLamar accepted ability aals with mineralization starting aural 100 m of surface. Henrietta accomplished bound underground hand-dug mining in the 1880’s. The antecedent assignment aperture IDM18_066 intersected a new breadth of mineralization at about 75 m abyss and was alone at a abyss of 123 m afterwards it broken a hand-dug stope and could not continue. Added conduct is planned on addendum from this high-grade intercept. Subsequent assignment holes afresh conducted at Henrietta accept encountered abundant intersections of aing quartz veining and accompanying about-face for which assays are pending.
George Salamis, President and CEO of Integra Resources, commented, “This new high-grade appraisal at Henrietta can be affiliated to a abundantly added compassionate of geological controls for the ample DeLamar Project low-sulfidation epithermal arrangement that has historically produced over 1. 6 M ozs of gold and over 100 actor ounces of silver. This appraisal is anchored adjoining to the absolute ability in a new breadth and added supports our apriorism that avant-garde appraisal techniques and an absolutely new compassionate of geological controls can add cogent amount in a historically bearing gold-silver commune such as DeLamar.” Mr. Salamis added, “This appraisal continues to abutment our appearance that assiduous blue-sky appraisal alfresco of the absolute gold-silver accepted ability will ultimately abound the ability abject at DeLamar. The breadth to the east and west of this new appraisal at Henrietta is absolutely accessible for expansion. We are absolute aflame by these after-effects and attending advanced to added assays from Henrietta. This blazon of appraisal is allotment of what makes the DeLamar Project so adorable on a commune scale, abnormally as our compassionate of the geological controls continues to grow. Both Sullivan Gulch and now Henrietta accept the abeyant to aggrandize the ability abject at DeLamar alfresco of the accepted ability envelope. As we abide to footfall out above the abstinent or ailing activated boundaries of the DeLamar Project, we accept able aplomb that Integra will abide to ascertain added gold-silver mineralization of significance.”
The Henrietta Target is host to a cardinal of shallow, hand-dug shafts dating aback to the backward 1800’s. Integra’s latest admiration of the Target, with the appointment of world-renowned epithermal drop specialists Dr. Jeff Hedenquist and Dr. Richard Sillitoe, shows that the breadth surrounding Henrietta to the west of the DeLamar Drop hosts abundant outcrops and geological appearance that are of accurate assimilation and appliance to gold-silver mineralization in low sulphidation epithermal deposits. Geological apparent mapping has been interpreted to announce a canning of the paleosurface about to the timing and emplacement of epithermal mineralization in the district, and highlights able appraisal abeyant 100 m to 150 m below the currently mapped apparent in this area. These aboriginal intercepts from the Henrietta Target were accomplished in two bank Reverse Circulation (“RC”) assignment holes, both intersecting acute veining hosted by porphyritic rhyolite, which is the ascendant gold-silver host bedrock throughout the DeLamar district. One added assignment aperture (365 m) has been accomplished in the Henrietta Target with after-effects accepted in the advancing months.
To appearance a diagram of the anew re-interpreted paleo-geology model, amuse bang the afterward link:
DeLamar Assignment After-effects Summary
The afterward table highlights the antecedent assignment holes from the Henrietta Target.
To appearance a cantankerous breadth of the Henrietta Target amuse bang on the afterward link:
To appearance an adapted plan map of the accepted Henrietta assignment program, amuse bang on the afterward link:
DeLamar Appraisal Ongoing
Currently, the Aggregation has one RC assignment rig in operation in the Sullivan Gulch breadth and will anon be affective into the adjoining Sullivan Knob IP and apparent geochemical aberration area.
Since the alpha of the 2018 Appraisal Campaign, the Aggregation has accomplished almost 20,094 m in 64 assignment holes.
Sampling and QA/QC Procedure
Thorough QA/QC protocols are followed on the Project, including admittance of duplicate, bare and accepted samples in the appraisal beck for all assignment holes. The samples are submitted anon to American Appraisal Labs in Reno, Nevada for alertness and analysis. Appraisal of gold is performed application blaze appraisal adjustment with diminutive assimilation (AA) accomplishment on a 1 appraisal ton aliquot. Gold after-effects over 5 g/t are re-run application a gravimetric finish. Argent appraisal is performed application ICP for after-effects up to 100 g/t on a 5 acerbic digestion, with a blaze assay, gravimetric accomplishment for after-effects over 100 g/t silver.
The accurate and abstruse advice independent in this account absolution has been advised and accustomed by E. Max Baker PhD. (FAusIMM), Integra’s Vice President Exploration, of Reno, Nevada, and is a “qualified person”(“QP”) as authentic in Civic Instrument 43- 101 – Standards of Disclosure for Mineral Projects.
About Integra Resources
Integra Resources Corp. is a development-stage aggregation affianced in the acquisition, appraisal and development of mineral backdrop in the Americas. The primary focus of the Aggregation is advance of it’s DeLamar Project, consisting of the neighbouring DeLamar and Florida Mountain Gold and Argent Deposits in the affection of the celebrated Owyhee County mining commune in south western Idaho. The aboriginal appraisal affairs in over 25 years is currently underway on the DeLamar Project with added than 20,000 meters planned for 2018. The administration aggregation comprises the above controlling aggregation from Integra Gold Corp.
ON BEHALF OF THE BOARD OF DIRECTORSGeorge SalamisPresident, CEO, and Director
Corporate Inquiries: Chris Gordon, [email protected] website: www.integraresources.comOffice phone: 1 (604) 416-0576
This account absolution contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) aural the acceptation of the applicative Canadian balance legislation. All statements, added than statements of absolute fact, are advanced statements and are based on expectations, estimates and projections as at the date of this account release. Any account that involves discussions with account to predictions, expectations, beliefs, plans, projections, objectives, assumptions, approaching contest or achievement (often but not consistently application phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or advertence that assertive actions, contest or after-effects “may” or “could”, “would”, “might” or “will” be taken to action or be achieved) are not statements of absolute actuality and may be advanced statements. In this account release, advanced statements relate, amid added things, to: statements about the admiration of mineral resources; consequence or affection of mineral deposits; advancing advance of mineral backdrop or programs; approaching operations; approaching appraisal prospects; the achievement and timing of mineral ability estimates; the breadth of the accepted bazaar aeon and requirements for an issuer to survive in the accepted bazaar cycle; approaching advance abeyant of Integra; and approaching development plans.
These advanced statements are based on reasonable assumptions and estimates of administration of Integra at the time such statements were made. Absolute approaching after-effects may alter materially as advanced statements absorb accepted and alien risks, uncertainties and added factors which may account the absolute results, achievement or achievements of Integra to materially alter from any approaching results, achievement or achievements bidding or adumbrated by such advanced statements. Such factors, amid added things, include: accessible variations in mineralization, brand or accretion rates; absolute after-effects of accepted appraisal activities; absolute after-effects of affirmation activities; abstracts of approaching bread-and-er evaluations; business affiliation risks; fluctuations in accepted macroeconomic conditions; fluctuations in balance markets; fluctuations in atom and advanced prices of gold, silver, abject metals or assertive added commodities; fluctuations in bill markets (such as the Canadian dollar to United States dollar barter rate); change in civic and bounded government, legislation, taxation, controls, regulations and political or bread-and-er developments; risks and hazards associated with the business of mineral exploration, development and mining (including ecology hazards, automated accidents, abnormal or abrupt formations pressures, cave-ins and flooding); disability to access able allowance to awning risks and hazards; the attendance of laws and regulations that may appoint restrictions on mining; agent relations; relationships with and claims by bounded communities and aboriginal populations; availability of accretion costs associated with mining inputs and labour; the abstract attributes of mineral appraisal and development (including the risks of accepting all-important licenses, permits and approvals from government authorities); and appellation to properties. Although the advanced statements independent in this account absolution are based aloft what administration of Integra believes, or believed at the time, to be reasonable assumptions, Integra cannot assure its shareholders that absolute after-effects will be constant with such advanced statements, as there may be added factors that account after-effects not to be as anticipated, estimated or intended.
Readers should not abode disproportionate assurance on the advanced statements and advice independent in this account release. Except as appropriate by law, Integra assumes no obligation to amend the advanced statements of beliefs, opinions, projections, or added factors, should they change, except as appropriate by law.
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