Integra Gold Corp.

Published : June 28th, 2016

Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.92 g/t Gold over 16.6 metres and 5.57 g/t Gold over 19.0 metres (all intervals uncapped) at No. 4 Plug Deposit, 500 metres North of the Trian

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Keywords :   Canada | Diamond | Georgia | Gold | Growth | K Street | Target |

Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.92 g/t Gold over 16.6 metres and 5.57 g/t Gold over 19.0 metres (all intervals uncapped) at No. 4 Plug Deposit, 500 metres North of the Triangle Deposit

Misc Document Template

P.O Box 11144, Royal Centre

#2270 -1055 West Georgia Street Vancouver, BC Canada, V6E 3P3 Email: [email protected]

FOR IMMEDIATE RELEASE TSX-V: ICG; OTCQX: ICGQF

June 28, 2016 www.integragold.com

Integra Gold Intersects 10.26 g/t Gold over 10.9 metres, 9.92 g/t Gold over 16.6 metres and 5.57 g/t Gold over 19.0 metres (all intervals uncapped) at No. 4 Plug Deposit, 500 metres North of the Triangle Deposit

Press Release Highlights:

  • Other significant results include: 2.69 g/t gold ("Au") over 46.0 metres ("m"), 1.67 g/t Au over 41.3 m,

    4.15 g/t Au (2.39 g/t capped) over 14.0 m, 5.08 g/t Au (4.94 g/t capped) over 14.3 m, and 6.95 g/t Au (5.95 g/t capped) over 12.6 m

  • Results announced today are from 5,415 m in 6 holes of a 12,035 m program completed at No. 4 Plug

  • 4 drill rigs active on the Lamaque South Gold Project, approximately 66,550 m in assay results pending

  • Resource estimate at No. 4 Plug to commence upon receipt of final assays and is expected to be completed in late Q3, with future studies to focus on the amenability of No. 4 Plug to low-cost bulk underground mining methods

  • 2016 drill program expanded to an estimated 120,000 m of Diamond drilling as Company aims to demonstrate multiple sources of gold occurrences are potentially achievable for future mining

VANCOUVER, BC: Integra Gold Corp. (TSX-V: ICG; OTCQX: ICGQF), ("Integra" or the "Company") is pleased to announce the second tranche of assay results from its 2015/2016 infill drill program on the No. 4 Plug Deposit ("No. 4 Plug") situated at the Lamaque South Gold Project ("Lamaque") located in Val-d'Or, Québec.

"Today's results further validate the Company's growth strategy of assessing the potential of satellite deposits in close proximity to the Triangle deposit with the objective of creating multiple draw points for future mill feed and utilizing excess milling capacity to increase the project's overall annual production profile," commented Company President and CEO, Stephen de Jong. "The No. 4 Plug has become a high priority as the deposit is only 500 metres from the Triangle deposit, would share underground infrastructure and is located on mining concessions, which have been converted recently to mining leases, as per the new Québec legislation."

"Exploration and potential resource growth in proximity to the Triangle deposit continues to exceed our expectations and the Company's aggressive exploration program on other targets is our way of leveraging off that success to investigate the potential to expand the production profile. Included within this growth strategy is drill testing of the Lamaque Deep target, which will commence in July, and testing of other targets from the Integra Gold Rush Challenge, which is set to commence in August."

Drill Results Continue to Show Potential for Bulk Mineable Resource

The results disclosed today are from the Company's late 2015 and 2016 infill drilling program completed at No. 4 Plug. These results are significant given that high grade gold mineralization is still being identified associated with high-angle shear structures, similar to those found at Triangle, while wider zones forming vein clusters continue to be recognized. The results are enhancing the Company's modelling efforts and resource estimation approach which in turn will help future optimization on the deposit.

As the gold distribution in the thick clusters of brittle, shallow dipping tension veins have the tendency to portray a higher nugget effect relative to the high angle C-type structures, the selection of disclosed intervals is partially controlled by the visual occurrence of veins in drill core along with grade distribution, providing a further layer of control for the spatial constraining of these thick vein clusters. The reported intervals are clearly visually identifiable in terms of vein densities present in drill core.

Infill drill holes disclosed today are located on the eastern side of the No. 4 Plug along a 100 m long east- west trend demonstrating lateral continuity of the gold mineralized clusters. The table below highlights the selected results from this second tranche of the No. 4 Plug drilling program. The summary results are presented uncapped and, when applicable, with high grade individual values capped at 34.3 g/t Au (results are also available with high grade values capped at 20.0 g/t Au in the full assay table available at the link below). We note that even a rigorous capping of high grade assays within these expanded intervals continues to maintain average grades significantly above the 1 g/t cut-off range.

Drill Hole Number

From (m)

To (m)

Interval (m)(1)

Gold Assay (g/t)(2)

P4-15-027

432.50

capped including 488.50

435.10

529.80

2.60

0.60

41.30

70.58

8.60

302.90

1.67

P4-15-030

368.00

capped including 437.00

capped including 466.40

capped including 497.00

capped 552.00

capped including

391.25

451.00

477.30

543.00

566.30

23.25

0.60

14.00

0.50

10.90

0.90

46.00

14.30

0.75

2.30

1.39

69.49

4.15

2.39

83.59

10.26

6.34

81.85

2.69

2.69

5.08

4.94

36.95

P4-15-033

312.50

capped including 348.20

capped including

327.70

360.80

15.20

0.50

12.60

0.90

3.78

2.72

66.60

6.95

5.95

48.36

Drill Hole Number

From (m)

To (m)

Interval (m)(1)

Gold Assay (g/t)(2)

497.30

501.00

3.70

25.29

capped

12.52

including

0.90

107.01

P4-16-034

886.00

capped

899.00

13.00

6.05

6.05

P4-16-035

29.90

31.40

1.50

23.96

capped

21.95

314.50

324.50

10.00

4.81

capped

4.73

including

0.50

35.64

337.00

356.00

19.00

5.57

capped

3.60

including

0.50

108.98

413.00

419.70

6.70

5.78

capped

4.11

including

0.50

56.38

482.50

499.10

16.60

9.92

capped

6.58

including

0.70

112.86

  1. Down-hole thickness; true width varies depending on drill hole dip and on general orientation of the vein clusters; most 2015-2016 drill holes were aimed at intersecting the generally flat lying vein clusters close to perpendicular therefore true width are close to down-hole width.

  2. Minimum 1 g/t Au cut off over 5-10 m interval, allowing up to 5 m of below cut off material internally - individual assays cut to 34.3 g/t and 20.0 g/t gold when applicable; no minimum thickness considered

Links to No. 4 Plug Assay Table, Section and Location Map

Click on the following link to view a complete table of available composited results for the 2015/2016 drilling at No. 4 Plug (results disclosed today are identified in red colored font):

http://www.integragold.com/i/pdf/Composites_Compilation_Fall2015-Winter2016.pdf

Click on the following link to view a set of two idealized and schematic composite sections showing the spatial relationship between the Triangle and Plug 4 gold deposits and illustrating selected results from the 2015/2016 drilling program.

http://www.integragold.com/i/pdf/20160627_P4250E_Schemsect.pdf

Click on the following link to view a location map of the different gold deposits present at Lamaque South:

http://www.integragold.com/i/pdf/Zones_Loc_Infrastructure_Targets_2015-03.pdf

Abundance of Vein Arrays/Clusters Differentiate No. 4 Plug Mineralization from Triangle

Gold mineralization at No. 4 Plug, located 500 m north of Triangle is, in part, hosted within a series of steeply-dipping stacked shear zones similar to C-type structures found at Triangle. What makes No. 4

Plug different is the abundance and frequency of flat lying to gently dipping tension veins which form large clusters that could potentially be amenable to bulk mining methods. These large gold bearing vein clusters have striking similarities to bulk zones mined historically at the Lamaque Mine, where historical records have recorded mining in panels in excess of 50 m wide. The style of mineralization at No. 4 Plug also closely resembles the nearby Agnico-Eagle Goldex Deposit, situated just west of Val-d'Or in the same gold district.

The Company intends to complete a new resource estimate this year on No. 4 Plug to be completed during Q3 of 2016, and will be included in the end of year property-wide resource estimate on the Lamaque-South Property. Following this new resource estimate, Integra also intends to conduct a study aimed at the potential amenability of No. 4 Plug to low-cost, underground bulk mining methods. Given the ample milling capacity and scalability of the Sigma Mill Complex (2,400 tons per day ("tpd"), expandable to 5,000 tpd), the Company believes that a combined scenario of more selective high-grade mining at Triangle, in parallel with low-cost bulk-mining at No. 4 Plug situated 500 m next-door to Triangle, has the potential to ramp up production profiles beyond previous expectations and estimates.

Geological Setting at the No. 4 Plug

The No. 4 Plug is a sub-vertical dioritic/gabbroic intrusive, similar to the Lamaque Mine Plug (located 2 kilometres ("km") to the northwest), which produced over 4.5 million gold ounces from surface to a depth of 1,100 m vertical. The No. 4 Plug intrusive is located 500 m north of Triangle and can be traced on surface for 200 m east-west by 150 m north-south, extending to a depth of over 1,000 m vertical. Gold mineralization is found within the intrusion hosted by quartz-carbonates-tourmaline shear veins associated with sub-vertical shear zones (similar to Triangle C-type structures) and flat lying quartz- carbonate-tourmaline veins that are present as dense vein clusters.

Preliminary interpretation of the reported gold bearing zones at No. 4 Plug indicate that these dense vein clusters can be tens of metres thick vertically, are geometrically stacked within the intrusion in the down-dip direction, and can also extend roughly 150 m to 200 m laterally. The mineralized vein clusters is more abundant below a vertical depth of approximately 200 m, and is confined to the intrusion. The intrusive host and the vein clusters remain open at depth. The mineralogy and alteration assemblages associated with these vein clusters consist of carbonate, sericite, albite alteration, with varying intensity and distribution, being more pronounced near the high-angle shear zones. Where these sub-vertical shear zones cross-cut the intrusion, brittle and shallower dipping tension veins are more prominent.

2016 Drill Program Expanded to an Estimated 120,000 m to include Lamaque Deep and Gold Rush Challenge Targets

The Company now anticipates drilling approximately 120,000 m in 2016 with the majority of this drilling aimed at defining and expanding the gold resource at the Triangle and No. 4 Plug Deposits. The bulk of the drill program, approximately 80,000 m, was completed during the winter and spring months, from January to June 2016. Following the construction of surface access roads, the Company expects to be able to continue drilling throughout the summer and fall with 4 drill rigs in operation. Integra's planned 2016 drill campaign remains one of the largest drill programs underway in the entire gold exploration industry.

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Integra Gold Corp.

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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.

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CA$ 0.02+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 3.40-7.36%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.65-1.30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30+1.72%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.26-7.02%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.76-2.22%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 69.92+0.59%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04-6.67%Trend Power :