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:

Barry Allan, Mackie Research Capital (2/9/16)
"Integra Gold Corp. is an unusual, advanced exploration company with good results: In a market that has not been overly fond of exploration companies, the company has discovered a high-quality resource adjacent to existing infrastructure. . .proven exploration knowledge is being applied to additional targets that should contribute additional mineral potential to the existing discovery. . .we think sufficient critical mass of mineralization has now been defined."

Integra Gold Corp., which we cover, received a 15% investment from Eldorado Gold in August 2015. Eldorado is investing in what appears to be an elite asset early on with the intention to be at the front of the line to acquire Integra by already owning 15% of the stock. . .Eldorado clearly wants Integra to continue to conduct underground infill drilling, exploration drilling and a bulk sample to continue to derisk Triangle. . .the market is starting to realize the potential of Lamaque South, but Integra has yet to see much of an improvement in valuation. We attribute this to what occurred last year with Rubicon Minerals. In our view Rubicon rushed into production and it backfired, to say the least. Now investors are more cautious about assigning value to high-grade intercepts. They want companies to go underground and do bulk sampling to make sure that drills are not accidentally hitting the best grades or that the geological structures do not have such an orientation as to make the company believe that its intercepts are wider than their true width. Once the results of bulk sample come out, the market would assign the correct value to the potential in the C zone structures. . .the next big step for Integra would be to get the permits for its underground bulk sample and exploration drilling. Obviously, the company will have lots of drill results as it continues to drill more than any other Canadian company on a single project." read more >

David Sadowski, Raymond James (2/5/16)
"We are initiating research coverage of Integra Gold Corp. with a Strong Buy, High Risk/Speculative rating and CA$0.70/share target price. The company's 100%-owned Lamaque project in Val-d'Or, Quebec—a top mining jurisdiction globally—represents one of the highest-grading undeveloped gold assets in North America. Potential economics are exceedingly strong. . .as a mill is already in place and ounces appear amenable to bulk underground extraction methods. Exploration upside is a key part of the story as multiple, stacked veins appear open along strike and to depth. . .a preliminary economic assessment based on the latest resource estimate is slated for June and could drastically boost economics."

"Integra Gold Corp. is becoming more timely with each Eldorado Gold press release. Eldorado took a small stake in Integra. With the write-downs the major is taking, I think it makes more of a case that at some point Eldorado will take this company over provided Integra finds the right stuff. I think that this year could be very important for Integra. Integra also has its Gold Rush Challenge that it's going to highlight at the 2016 PDAC Convention. Rob McEwen did that with Goldcorp and it had great success. You put up some cash for experts outside the company to look at the data and you don't know what you're going to get, but you may get an answer that's much better than what just one firm would recommend. I'm excited about this one. [Is the upside the harvesting of crowdsourcing insight or the publicity that comes from doing something out of the ordinary?] I think a combination. It does bring more eyes to the stock. I'm hopeful that a great target comes out of the exercise, but Eldorado making a move to consolidate its ownership is really what I'm looking for." read more >

Thibaut Lepouttre, Caesars Report (1/31/16)
"Integra Gold Corp. discovered more high-grade gold during its infill drill program on the C1 structure at the Lamaque project in Val d'Or, Québec; the existing mineralization was confirmed by 3.2m of almost 13 g/t gold and a bonanza interval of 1.5m at almost 7 oz (yes, ounces) of gold/ton on an uncapped basis). Of course, we shouldn't be too surprised to see the infill drill program confirming the expectations."

Andrew Mikitchook, M Partners (1/29/16)
"Yesterday Integra Gold Corp. released its preliminary short form prospectus for its $15M bought deal at $0.50/share. . .approximately 92% of the flow-through funds is budgeted toward drilling activities, with the balance used toward other technical activities such as geological mapping and surface sampling. The breakdown of this budget highlights that this is quite likely one of the most active drill campaigns in Canada this year."

More Expert Comments

Experts Following This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Peter Campbell, Analyst – Mackie Research Capital
Mick Carew, Analyst – Haywood Securities
Killian Charles, Analyst – Laurentian Bank Securities
Brent Cook, Analyst, Geologist Exploration Insights
Michael Curran, Managing Director, Research Analyst – Beacon Securities Ltd.
Michael Gray, Analyst – Macquarie Capital Markets
Jeb Handwerger, Author Gold Stock Trades
Wayne Hewgill, Analyst – Mackie Research Capital
Frank Holmes, Chairman – U.S. Global Investors
Eric Lemieux, Analyst – PearTree Securities
Thibaut Lepouttre, Editor Caesars Report
Kevin MacKenzie, Analyst – Salman Partners
Derek Macpherson, Analyst
Lauren McConnell – Paradigm Capital
Andrew Mikitchook, Analyst – M Partners
Björn Paffrath, Director – Stabilitas-Fonds
Gwen Preston, Founder Resource Maven
Joe Reagor, Analyst – ROTH Capital Partners
Carsten Ringler, Founder – Ringler Research
David Sadowski, Analyst – Raymond James
Kerry Smith, Analyst – Haywood Securities
Eric Zaunscherb, Analyst – Canaccord Genuity

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