Integra Gold Corp.

Published : February 17th, 2011

Commences 20,000 Meter Drill Program at Lamaque

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Re:        News Release - Thursday, February 17, 2011
Title:     Integra Gold Commences 20,000 Meter Drill Program at Lamaque

  • 20,000 METRE PROGRAM PLANNED, WILL BE EXPANDED AS NEEDED

  • CURRENT PHASE OF EXPLORATION PROGRAM FOCUSED ON TRIANGLE ZONE

  • ALL SIX DRILL HOLES COMPLETED IN 2010 ON THE TRIANGLE ZONE INTERSECTED SIGNIFICANT GOLD MINERALIZATION WITH VALUES OF 14.92 G/T GOLD OVER 2.00 METRES AND 25.14 G/T OVER 2.03 METRES
VANCOUVER, BC: INTEGRA GOLD CORP (TSX-V: ICG) (The "Company") is pleased to announce that it commenced drilling a 2500 metre drill program on the Triangle zone as part of a multi-phased 2011 Diamond drill program. The Company plans to drill 20,000 meters which may be expanded dependent on the ongoing compilation and assessment of geological information as it becomes available. Two (2) drill holes (TM-11-01 and TM-11-02) comprising 602 meters have already been drilled with assay results pending.

To view a map highlighting known zones on the Company's Lamaque Gold Project click on the following link:

http://www.integragold.com/i/pdf/integra207.pdf

"We believe the area immediate to the Triangle zone has excellent future discovery potential and appreciable resource improvement. The current program will drill test these targets in order to verify their potential and possible continuity," states Company President, John de Jong. "This is just one of many zones on the property which will undergo further testing in 2011 as part of our objective to increase our gold resources and advance the Lamaque property towards production as quickly as possible."

The Triangle zone was discovered by drill testing an ovoid shape magnetic anomalous zone which corresponds to a younger tonalite intrusion. The anomalous zone extends both East and West over a strike of 393 meters long and 785 meters wide. The mineralized veins occur as part of related vein clusters within the fractured and altered zones of the tonalite which intrudes the surrounding intermediate to mafic volcanic (mostly lapilli and blocky tuffs, undifferentiated pyroclastics and basalt). Immediately north of the Triangle zone, two (2) other similar ovoid shaped anomalous magnetic zones are believed to correspond to intrusions which could be mineralized as well. The auriferous zones which were found in 2010 are part of important metallogenic complexes and systems of the Lamaque Property.

Additional drilling on the Triangle zone will also seek extensions of the mineralisation at depth and laterally as well as define the known and recently discovered vein networks using 25 meters and 50 meters drill spacing. This will permit confirm the size and geomorphology of the auriferous mineralized zones. The drill program is also designed to improve the comprehension between the mineralisation, the intrusive dyke and plug vein networks and their locally associated structural features (fault, shear zones and deformation corridors).

In spite of contracting a second assay lab, assay results are being delayed due to unprecedented exploration activity in the Val d'Or region and throughout Canada. The Company is aggressively pursuing all available options in order to meet stated timelines but expects that delays in obtaining assays will continue to occur.

QUALITY ASSURANCE - QUALITY CONTROL

Thorough quality assurance and quality control program (QA/QC) protocol was utilized on the project including duplicate, blank and standard samples for all the holes. The core samples were respectively submitted directly to ALS Laboratory Group and Bourlamaque Labs in Val-d'Or for preparation and analysis. Analysis was conducted on 1 assay ton samples. Analysis of gold was by fire assay, with a gravimetric finish on samples exceeding 5 g/t gold. The gravimetric assay results were used for the reported composite intervals. The Lamaque project exploration is under the direct supervision of Alain Beauregard, P.Geol. of Geologica Inc., an independent qualified person as designated by National Instrument 43-101 who has reviewed the technical content of this release.

THE LAMAQUE PROPERTY

The Lamaque property is immediately adjacent to both the Sigma and Lamaque mines, which have produced approximately 9 million ounces of gold. The 2010 drilling campaign was initiated to expand the existing 43-101, inferred resource estimate (2004) at the Lamaque property: 375,375 gold ounces (1,238,308 tonnes at 9.43 g/t gold).

The Lamaque property is underlain principally by steeply dipping east-west striking volcanic flows intruded by a variety of felsic to mafic plugs, dykes and sills. Because of their intimate spatial association with most of the known gold mineralization, the felsic to mafic intrusions, locally mostly granodiorite and sills that intrude the Val-d'Or Formation are of particular importance. The mineralized zones are mesothermal structurally controlled deposits, which are typical of the Abitibi Greenstone Belt and abundant in other Archean greenstone belts around the world.

The gold bearing quartz-tourmaline veins are late and cut all rock-types including irregular intrusive (diorite) bodies, which are affected by regional deformation and greenschist grade metamorphism. Two principal types of veins occur at the Lamaque Mine and on the property: sub-vertical and sub-horizontal veins. The subvertical veins are occurring within steeply dipping east-west trending ductile shear zones where reverse subvertical displacements have taken place. The veins occupy openings created by irregularities during progressive moment within the shears. Sub-horizontal veins occupy extensional fractures, which formed between ductile shear zones, preferentially in the more competent host rocks.

The significant zones of gold mineralization known on the Lamaque Property comprise various simple vein structures, vein complexes and stockwork zones. These include: No. 4 Plug; No. 5 Plug; No. 35 Shear; North Shear systems located north of the No. 5 Plug; Parallel Veins Zone (includes Vein No. 10); No. 1 vein in the No. 3 Mine area; No. 6 vein; Sixteen Zone; Forestel Zone and Triangle Zone. The gold resources are contained in two deposits named the No 4. Plug and No. 10 vein (Parallel Zone). The Forestel Zone, the No.6 vein, the No.1 vein in the No.3 Mine, and the Triangle zone were not included in the 2004 resource calculation.

ON BEHALF OF THE BOARD OF DIRECTORS

John de Jong
CEO & President

Suite 202, 200 Granville Square, Vancouver, BC, V6C 1S2
Phone: 604-629-0891 Fax: 604-229-0481
www.integragold.com
jdejong@integragold.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Some statements in this release may contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements.


View News Release in PDF Format: http://www.integragold.com/i/pdf/2011-02-17_NR.pdf
136 KB in size, approx. 26 seconds to download at 56.6Kbps

Copyright � 2011 INTEGRA GOLD CORP. (ICG) All rights reserved. For more information visit our website at http://www.integragold.com/ or send email to info@integragold.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Integra Gold Corp.

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CODE : ICG.V
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Integra Gold is a gold exploration company based in Canada.

Integra Gold holds various exploration projects in Canada.

Its main exploration properties are CHAPLEAU, WAWA, CLAW LAKE, AIRPORT, BLACK LAKE and LAMARQUE PROJECT in Canada.

Integra Gold is listed in Canada. Its market capitalisation is CA$ 407.6 millions as of today (US$ 321.3 millions, € 278.6 millions).

Its stock quote reached its highest recent level on March 13, 1998 at CA$ 9.50, and its lowest recent point on November 28, 2008 at CA$ 0.10.

Integra Gold has 479 529 984 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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