ERAYINIA JV ENCOURAGEMENT _________________________________________________________________________________ Wide-spaced reconnaissance aircore drilling on 125sq km of tenements held by Image Resources at the Erayinia Joint Venture 160km SE of Kalgoorlie has identified an area of broad gold anomalism at Zone A as shown in the map below.
Zone A Aircore Drilling Results Overlain on Grey-scale Magnetics (source: Integra Mining Ltd)
Significant drilling results
The 100%-owned Image tenements are held in joint venture with Integra Mining Ltd and form part of Integra’s Aldiss Gold Project situated 60km SE of Integra’s Randall’s gold processing facility. Under the terms of the joint venture Integra may earn a 70% interest in the tenements by expenditure of $750,000.
The Zone A gold trend extends for at least 3km into Image’s tenements and forms part of a broader zone, the Admiral Trend, extending for a further 5km into Integra’s adjacent tenements.
The geology comprises a sequence of mafic and andesitic volcanics, sediments and granite below complex regolith cover. Integra is planning a programme of follow up drilling in Zone A and soil sampling of other target areas on the Image tenements. Image is most encouraged by the results of this early stage exploration.
IGR Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
