Cant remember seeing Minning News feature IGR befor but Bonza...

Cant remember seeing Minning News feature IGR befor but Bonza grades is the lead line

Angers

Bonanza grades boost Integra

Colin Jacoby
Wednesday, 28 September 2011

SHARES in Integra Mining have soared after the gold play reported bonanza grade gold assay results from its Mount Monger area near Kalgoorlie.



Results from aircore drilling at one hole in the Mount Monger area returned 6 metres at 660,000 parts per billion gold from 24m to bottom of hole including 4m at 990,000ppb gold (1000 grams per tonne) from 24m.

Integra said it re-assayed the original samples from the hole using the higher-level fire assay method, which returned 6m at 44.26gpt gold including 4m at 65.4gpt gold.

Re-sample of individual 1m samples returned 3m at 77.66gpt gold, including 1m at 229.59gpt gold.

Integra said the target was high-grade gold associated with narrow veins, similar to the nearby Daisy Milano gold deposit.

Follow-up aircore drilling is now taking place to further define targets for deeper reverse circulation drilling.

The company has an exploration budget for this financial year of $A23 million.

Shares in Integra jumped as much as 4.5c to a high of 49c in afternoon trade, before cooling slightly to 48.5c