Tuesday, 22nd July 2008 (417 views)

Integra Mining has redefined 75 per cent of its Salt Creek deposit as indicated resources.

The company said: "This reclassification has resulted in a more than threefold increase in the indicated resources within the Salt Creek gold deposit."

Results include an indicated resource of 2.8 g/t of gold across 3.4 metres for 300,000 ounces and an inferred resource of 2.6 g/t of gold across 1.3 metres for 100,000 ounces.

Mineral resources at the Aldiss-Randalls gold project have been consolidated to 2.7 g/t of gold for 1.8 million ounces. Of this, 72 per cent has been classified as indicated resources.

The Cock-eyed Bob and Maxwells deposit at the Aldiss-Randalls project produced a grading of 5.9 g/t of gold and 5.2 g/t of gold respectively.

Aldiss was acquired by Integra Mining in 2003 and covers 642 square kilometres.

Last month, the company reported the Salt Creek resource has increased to 400,000 ounces after six months of drilling.

This was an increase of 60 per cent and a result of 4.6 million tonnes at 2.7 g/t of gold.

 

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