Integra Mining Limited (ASX: IGR)

LUCKY BAY DELIVERS MORE high-grade gold

gold MINERALISATION confirmed AT Lucky bay north ? further drilling commencing next week

v       Further high-grade intercept from the last Diamond drill hole completed at Lucky Bay prior to Christmas:

?       3 metres at 15.91 g/t gold

v       Confirms down-dip extensions of high-grade mineralisation intersected pre-Christmas:

?       5 metres at 25.93 g/t gold, and

?       16 metres at 4.64 g/t gold on section 20820mN

v       First-pass drilling at Lucky Bay North prospect confirms primary gold mineralisation with best intercepts of:

?       2 metres at 3.88 g/t gold, and

?       2 metres at 3.06 g/t gold

v       Results confirm Integra?s geological model, upgrading other regional targets.

Integra Mining Limited (ASX: IGR ? ?Integra?) is pleased to report further high-grade gold results from the initial drilling program at the Lucky Bay prospect, part of the Company?s 100%-owned Aldiss-Randalls Gold Project near Kalgoorlie in Western Australia (Figure 1).

Results have been received for the last Diamond drill hole completed at Lucky Bay prior to the Christmas break (see Table 1 and Figure 2).  Lucky Bay is located some 4.5 kilometres south of the recently discovered Salt Creek gold deposit (4.6Mt at 2.7 g/t for 400,000 contained ounces ? see ASX release 21 July 2008) and is the current focus of Integra?s exploration efforts.

Results from drill hole LBD006 confirmed the down-dip extension of gold mineralisation, returning an intersection of 3 metres grading 15.91 g/t gold from 96 metres (Figure 3).  Gold mineralisation remains open down-dip and along strike to the southeast with additional extensional Diamond drilling expected to commence next week.

First-pass RC and Diamond drilling at the Lucky Bay North prospect has returned preliminary gold mineralised intercepts of:

?          2 metres at 3.06 g/t gold from 45 metres in LBRC019,

?          2 metres at 3.88 g/t gold from 76 metres in LBRC023D, and

?          1 metre at 1.47 g/t gold and 1 metre at 1.37 g/t gold from 92 metres and 110 metres respectively from LBRC26D.

These intercepts are considered highly encouraging first-pass results in that they further confirm Integra?s gold mineralisation model for Lucky Bay and Lucky Bay North.  Both prospects remain open down-dip and along strike while a number of separate additional drill targets in the area are now considered highly prospective and will require first-pass drill testing in the near future. 

Gold mineralisation at Lucky Bay and Lucky Bay North is hosted in pervasively silica/albite altered and pyrite/pyrrhotite mineralised fine-grained sediments with quartz carbonate sulphide veining. 

Additionally, an 8 kilometre corridor between the Salt Creek gold deposit and the Lucky Bay prospect hosts a number of gold anomalies defined by very broad-spaced reconnaissance aircore drilling, none of which have yet been tested by RC drilling.  These anomalies offer further potential for additional gold discoveries.  

?Lucky Bay is continuing to deliver with the latest results further enhancing our understanding of the potential of this area and its potential to deliver significant additions to our existing resource inventory of 1.8 million ounces,? said Integra?s Managing Director, Chris Cairns.

In Summary:

v         Consolidated Mineral Resources at the Aldiss-Randalls Gold Project of 1.8 million ounces at an average grade of 2.8 g/t gold with 72% of resource ounces in the Indicated Resources category (see ASX release 21 July 2008);

v         A significant ?grassroots? gold discovery at Salt Creek located within a new 8 kilometre long gold trend only 60km east of Kalgoorlie;

v         High-grade resources at the adjacent Randalls Project with Maxwells and Cock-eyed Bob deposits grading 5.2 g/t and 5.9 g/t gold respectively (see ASX release 21 July 2008);

v         A 100% owned gold processing facility recently dismantled and ready for refurbishment and installation at the Salt Creek site;

v         A pre-feasibility study completed displaying robust project returns with an IRR of 41% (see ASX release 14 August 2008); and

v         Open pit production grade expected to be 3.4 g/t gold ? believed to be the highest open pit production grade of any similar scale of development in Australia.

Yours sincerely,

Chris Cairns

Managing Director

Information in this announcement that relates to Exploration Results is based on information compiled by Greg Wilson, Consulting Geologist, who has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ?Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves?. Greg Wilson is an independent consultant to Integra Mining Limited and is a member of The Australasian Institute of Mining and Metallurgy and consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

Information in this announcement that relates to Mineral Resources is based on information compiled by Chris Cairns, Managing Director, who has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ?Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves?. Chris Cairns is a member of The Australasian Institute of Geoscientists and consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

Figure 1 ? Integra Tenement and Project Locations.

Table 1 ? RC Drilling Assay Results >1g/t.

*  Coordinates provided in MGA94 but all drilling oriented ?60 degrees towards 045 degree magnetic.  Sampling was conducted on 1 metre intervals with all samples being assayed using a total digest of a 50g charge by fire assay method.

Figure 2 ? Lucky Bay prospect drilling location plan. 

        Figure 3 ? Lucky Bay prospect section with drill hole LBRC028D.

READ CORPORATE
Public Relations Corporate Communications
T: (+61-8) 9388-1474 | F: (+61-8) 9388-1472 | E: info@readcorporate.com.au | Web: www.readcorporate.com.au 

PLEASE NOTE:

This e-mail and any attachments may contain confidential and/or privileged material and is for the intended addressee(s) only. If you are not an intended addressee, you must not use, copy, retain, disclose or distribute this information. Please notify the sender immediately by return e-mail and delete the message from your system. If you believe that this message constitutes a Commercial Electronic Message (CEM) under the Spam Act 2003 and you wish to unsubscribe please contact the originator of this message with the subject line of unsubscribe.

Note: Virus scanning is carried out on all incoming and outgoing email, but cannot be guaranteed to be timely, secure, error or virus-free. To protect against computer viruses, e-mail programs may prevent sending or receiving certain types of file attachments. If you are having problems please check your e-mail security settings to determine how attachments are handled.