Integra Gold Corp.

Integra Gold Corp. is a Canadian company focused on the exploration and development of its high-grade Lamaque gold project in one of Canada's premier gold-producing districts, Val-d'Or, Québec, the "Valley of Gold." Complete mining and milling infrastructure, human resources and mining expertise are centered in the city of Val-d'Or, located within 1km of the Lamaque project. The Lamaque project is directly adjacent to over 9 Moz of historic gold production from the Lamaque and Sigma mines, historically operated by Teck Inc. and Placer Dome Inc., respectively. Integra is well financed and advancing steadily toward a production decision with more than 65,000m of drilling completed in the past two years. The company is also progressing on numerous engineering, environmental and economic studies.

Expert Comments:

"Integra Gold Corp. recently announced additional intervals from the Triangle zone on its 100%-owned Lamaque South gold project in Val-d'Or, Québec. The latest results from Lamaque have provided Integra with a better indication of the structural controls on gold mineralization, which in turn has aided in producing a more representative geological model. In particular, recent results have shown that major sub-vertical mineralized structures at Triangle bear a close affinity to the C structures at the Main Plug at the historic Lamaque mine, which was mined to a depth of 1,100m and produced over 4.5 Moz gold. We expect an updated resource estimate later this year, which will add to an already robust PEA. The most recent PEA, which was based on the last published resource estimate for Triangle, returned a pre-tax NPV of CA$184.3M and 77% IRR. The PEA considers average annual production of ~110 Koz/year over 4.5 years, with preproduction capex of CA$61.9M, noting that Integra purchased the Lamaque mine mill last year. The new interpretation will no doubt improve the current resource, which will ultimately result in improved economics moving forward." read more >

"I like Integra Gold Corp. It owns the Lamaque project in Val-d'Or, Québec, a mining-friendly jurisdiction. The company owns a high-grade resource, very good infrastructure and a mill, which needs to be refurbished. The updated preliminary economic assessment published in January predicted a 77% internal rate of return at $1,175/oz gold. The company also bought the Lamaque North project for about CA$8M. When the market is better, this could be a takeout candidate." read more >

Canaccord Genuity's Morning Coffee (8/19/15)
"Integra Gold Corp. announced on Tuesday that Eldorado Gold will be making a CA$14.57M investment in the company. Eldorado will. . .hold 15% of Integra upon completion. . .Integra will be cashed up with CA$27M following the deal and said it will look to increase drilling to 100,000m in 2015 with a focus on the Triangle zone."

Eric Lemieux, PearTree Securities Inc. (8/19/15)
"Eldorado Gold, with mining assets in Turkey, Greece, China, Romania and Brazil, will make a CA$14.57M strategic investment in Integra Gold Corp. by way of a non-brokered private placement of common shares of Integra. . .resulting in Eldorado securing a 15% pro forma interest in the company on an undiluted basis. . .we believe this is a wise tactical move by Integra management for it gives them greater financial and technical certainty to advance the Lamaque project and underground investigation of the Triangle zone. We also believe the transaction preserves Integra's control over the project."

Thibaut Lepouttre, Caesars Report (8/18/15)
"Integra Gold Corp. has announced Eldorado Gold is taking a 15% strategic stake in Integra as it will acquire 52.06M new shares of the company at a price of CA$0.28 per share for a total consideration of CA$14.6M. . .this will increase Integra's total cash position to roughly CA$27M and this money will be spent on the current 90,000m drill program (executed by no less than five drill rigs by the end of this month) as well as a very extensive fall and winter drill program."

Jeb Handwerger, Gold Stock Trades (8/18/15)
"Integra Gold Corp. is helped in a few major ways by Eldorado Gold's $14.6M investment for a 15% interest at $0.28. It strengthens Integra's treasury and balance sheet. . .the company will now be in a position to expand drilling and increase the size of the high-grade Triangle zone; finally, Integra will now have a major $4B market cap New York Stock Exchange gold producer as a shareholder, increasing the credibility and visibility of the project."

More Expert Comments

Experts Commenting on This Company

Randall Abramson, Fund Manager – Trapeze Asset Management
Peter Campbell, Analyst – Mackie Research Capital
Mick Carew, Analyst – Haywood Securities
Killian Charles, Analyst – Laurentian Bank Securities
Brent Cook, Analyst, Geologist Exploration Insights
Adrian Day, Founder – Adrian Day Asset Management
Michael Gray, Analyst – Macquarie Capital Markets
Jeb Handwerger, Author Gold Stock Trades
Wayne Hewgill, Analyst – Mackie Research Capital
Louis James, Analyst – Casey Research
Eric Lemieux, Analyst – PearTree Securities Inc.
Thibaut Lepouttre, Editor Caesars Report
Kevin MacKenzie, Analyst – Salman Partners
Derek Macpherson, Analyst – M Partners
Joe Mazumdar, Sr. Analyst – Canaccord Genuity
Lauren McConnell – Paradigm Capital
Andrew Mikitchook, Analyst – Edgecrest Capital
Björn Paffrath, Director – Stabilitas-Fonds
Gwen Preston, Founder – Resource Maven
Joe Reagor, Analyst – ROTH Capital Partners
Carsten Ringler, Founder – Ringler Research
Jordan Roy-Byrne, Editor/CMT The Daily Gold
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.
Thomas Schuster Rocks to Riches
Kerry Smith, Analyst – Haywood Securities
Jay Taylor, Author Gold, Energy & Tech Stocks

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
High-Grade Gold in Quebec, Canada
Preliminary Economic Assessment Complete
Fully Permitted Mill and Tailings Facility Acquired
catalyst Calendar
Integra Gold Corp. Content