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Additional Information
Market: ASX
Sector: Gold Mining
EPIC: IGR
Latest Price: 0.60  (-0.83% Descending)
52-week High: 0.63
52-week Low: 0.38
Market Cap: 506.25M
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Integra Mining
www.integramining.com.au

Integra Mining (ASX: IGR) transitioned from gold explorer to producer in September 2010 after pouring first gold from its flagship Randalls Gold Project. 

 

The company has steadily built up its mineral portfolio through a series of acquisitions, joint ventures and strategic alliances, and now controls a consolidated tenement package of approximately 1,500km2 in the heart of the Eastern Goldfields of Western Australia.

Full Integra Mining profile here
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The hits keep on coming for Integra Mining at Randalls Gold Project

9th Sep 2010, 10:09 am

The hits just keep on coming for Integra Mining (ASX: IGR) at its Randalls Gold Project in Western Australia, with further high grade gold intersections, where first gold production is imminent.

New drill results included: 4 metres @ 34.1 g/t incl. 1 metre @ 131 g/t, 4 metres @ 17.4 g/t incl. 1 metre @ 63 g/t and 2.1 metres at 46.7 g/t.

Chris Cairns, managing director of Integra Mining said the new high grade hits at Santa Gold have strengthened the potential of the Santa area as a future source of satellite open pit and underground production for its Tandalls project.

Santa, which is located 16km east of the new gold processing facility, is one of several areas being targeted by Integra to support its plans to rapidly increase gold production from the Randalls Gold Project from an initial level of 90,000 ounces per annum to 140,000 ounces per annum.

Cairns said commissioning of the new processing facility at Randalls, which is located 60km south-east of Kalgoorlie, is nearing completion with ore processing underway. Mining is progressing well with high-grade blocks being mined in the Salt Creek open pit and contained metal reconciliation of the grade control drilling results to the Mineral Resources model proving very accurate at 101%.

Recently received drilling results have confirmed both the depth and strike continuity of banded iron formation (BIF) hosted gold mineralisation within the Santa Trend, which extends over a strike length of more than 2 kilometres. These results highlight the significance of the Santa Trend as a major gold system with excellent extensions to the known mineralisation confirmed both along strike for over 2 kilometres and at depth to over 400 metres. The mineralisation remains open both at depth and along strike.

Importantly, Integra will boost its global Mineral Resources estimate near the end of the year with the upgraded resource inventory expected to include the depth and strike extensions to the Maxwells, Santa and Cock-eyed Bob high-grade gold deposits as well as a preliminary Mineral Resource estimate for the new Majestic discovery.

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