IGR 0.00% 50.0¢ integra mining limited

From today's ASX announcement of the first gold pour at...

  1. 24,765 Posts.
    From today's ASX announcement of the first gold pour at http://www.asx.com.au/asxpdf/20100927/pdf/31sqrbrqf0j80j.pdf is this exciting news.

    Note the confidence from Chris Cairns:

    "... Integra believes there is no geologic reason why the high-grade gold mineralisation at the Maxwells, Cock-Eyed Bob and Santa gold deposits does not continue to 1km depth or beyond.

    "... The host of high-grade results from Maxwells, Cock-Eyed Bob, Santa and Majestic has paved the way for a substantial resources upgrade later this year.

    ?The first gold pour is the culmination of what has been a fantastic exploration success story," Integra Managing Director Chris Cairns said. "The path to production has not been an easy one, the transition to producer status with the highest grade open pit production for this scale of operation in Australia is a very satisfying achievement.

    To have delivered the project into production on-time and under-budget is a testament to the professional abilities and hard work of our people."

    ..."And to our long-term shareholders, a big thank-you for your support - may you reap the rewards."

    "We believe Phase 1 is the just the beginning for the Randalls Gold Project and that there is substantially more gold to be found both in and around our existing deposits and in new discovery opportunities such as Majestic.

    The Company?s growth trajectory has been very steep and we are now able to fund continued growth through the very strong cash flows the Randalls Gold Project will deliver."
 
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