According to an independent report, six new zones of widespread gold mineralization were found in altered sediments, syenite, sulphide-rich shear zones and quartz- sulphide veins.
But the program, which consisted of prospecting and rock sampling, was too limited to determine the dimensions of the gold zones, according to Integrated Resources.
Integrated is attempting to locate the source of the gold in stream sediment anomalies previously found in four main streams draining the property.
Results included 13 ft of grade 0.1 oz gold per ton, 1.048 oz gold over 2.2 ft and 1.06 oz gold over 3.3 ft. “Numerous other grab samples from within these zones returned gold values in excess of 1,000 parts per billion gold,” said Vice-president Al Jenkins.
These results have persuaded Integrated to acquire a group of contiguous units bringing its land position in the Telegraph area to more than 25,000 acres.
Shareholders of Northern Minerals (formerly Pacific Trans-Ocean Resources) are being offered one Integrated share for three Northern shares, under a recent takeover bid. Northern Minerals shareholders who wish to accept the offer were being asked to tender their shares by Nov 1.
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