6 June 2012 168 Stirling Highway Nedlands Western Australia 6009 · PO Box 612 Nedlands WA 6909 · T 61 (8) 9423 5920 · F 61 (8) 9423 5930 E [email protected] · W www.integramining.com.au ABN 54 093 278 436 HITS OF UP TO 60GPT GOLD AND 3.9% COPPER SHOW PRODUCTION POTENTIAL OF IMPERIAL DEPOSIT Integra Mining Limited (ASX:IGR, Integra) is pleased to report a host of outstanding high-grade gold and copper intersections from the latest drilling at the Imperial prospect at its Randalls Gold Project in WA. The RC drilling at Imperial, which is located in the Majestic area at Randalls, was conducted to test the continuity and extent of mineralisation intercepted in RC and diamond drilling undertaken in late 2011 and early 2012. This drilling returned results such as 5m at 43.9 g/t gold and 1.25% copper. The latest results include: • 12 metres at 16.99g/t gold and 1.08% copper, including o 1 metre at 25.44g/t gold and 0.87% copper, and o 2 metres at 52.27g/t gold and 3.42% copper, and o 1 metres at 60.36 g/t gold and 3.94% (this result immediately down-dip of the 5 metres at 43.9 g/t gold and 1.25% copper intercept) • 3 metres at 8.87g/t gold and 0.08% copper including o 1 metre at 23.35g/t gold and 0.17% copper • 1 metre at 12.07g/t gold and 0.02% copper The Imperial prospect is located approximately 500m north-west of the Majestic gold deposit. The Imperial Prospect is part of the Monger Joint Venture between Integra (85%) and Newcrest Operations Limited (15%). Gold mineralisation is hosted within the same granodiorite unit hosting the Majestic gold deposit and appears to be associated with a similar series of tonalite porphyry dykes. The high-grade gold and copper intersections are associated with chalcopyrite-rich altered and mineralised zones. Highlights from previous RC and diamond drilling include: • 5 metres at 43.9 g/t gold and 4.50% copper, • 19 metres at 4.39 g/t gold, • 6.2 metres at 13.43 g/t gold and 1.5% copper and • 8.29m at 16.51g/t gold and 1.25% copper (see ASX announcements 11 November 2011, 4 January 2012, 10 February 2012, 15 March 2012 and 1 May 2012). The recent results together with the previously reported results indicate that the mineralisation continues for at least 340 metres along strike and remains open to the north and south and down dip (Figure 2). At the end of April, Imperial was handed over from the exploration team to the project development team for further advancement of the prospect. Resource definition drilling commenced in early May. The mining licence, on which the Imperial Prospect as well as the Majestic Deposit are located, was granted on the 17th May 2012. A Sub-Audio Magnetic (SAM) geophysical survey is currently underway to test for mineralisation in unexplored areas of the Majestic region. Geophysical surveys are expected to provide cost-effective target definition within the larger Majestic gold / copper anomaly which covers an area of approximately 3.5km by 2.5km (Figures 4 & 5). The greater Majestic area is interpreted to be part of a larger intrusive-related or 6 June 2012 168 Stirling Highway Nedlands Western Australia 6009 · PO Box 612 Nedlands WA 6909 · T 61 (8) 9423 5920 · F 61 (8) 9423 5930 E [email protected] · W www.integramining.com.au ABN 54 093 278 436 porphyry-style high-grade gold / copper mineralised system of a style previously unknown in the Eastern Goldfields.
IGR Price at posting:
44.5¢ Sentiment: None Disclosure: Held