News out. It at least looks exiting.
riday June 19, 11:31 am Eastern Time
Company Press Release
SOURCE: Intergold Corporation
Intergold Corporation Begins 75,000 Foot Drilling
Program
NEWPORT BEACH, Calif., June 19 /PRNewswire/ -- Subsequent to the completion of additional
claims staking, Intergold Corporation (OTC Bulletin Board: IGCO - news;
www.intergoldcorp.com; the Company) will begin detailed drilling of its Blackhawk property, now
that independent engineers have confirmed the presence of commercially viable gold mineralization
on its Blackhawk Property in the State of Idaho. The drilling and assay program will begin the
process of proving and detailing of mineralized reserves.
The first phase of drilling will encompass 19,000 lineal feet of drill cores, drilling each hole to a
depth of 500 feet. The holes will be drilled on 800-foot centers in a grid pattern over an area
approximating 6,500 x 2,400 feet, which encompasses an estimated volume equal to 500 million
tons. The area represents approximately 8.5% of the entire 331 claimed area. The Company
expects to drill a total of 75,000 lineal feet in three phases, with the first phase due to be completed
at the end of this summer. The cores will be cut in half with half the cores to be warehoused, and the
other half being submitted for assay simultaneously as drilling is conducted. Assay results will be
released on a continuing basis along with check assay results.
The Company has drilled a total of 10 holes to date to depths ranging between 200-400 feet, and
obtained average gold values of all cores taken to date of .14 opt. The Company has previously
confirmed the presence of gold on its Blackhawk property through a world recognized independent
Mining Engineering Firm (see May 26, 1998 Press Release).
If results to date continue to be substantiated through Intergold's detailed drilling program, and
based on the Company's estimate of the project's inherent economies of scale, Intergold's
''Blackhawk Project'' could rival the Carlin microgold discovery in Nevada. The State of Nevada
produced 10% of the world output for gold in 1996, and as a geographic producing area, the State
is the third largest producer in the world.
SOURCE: Intergold Corporation
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Intergold Corp (OTC BB:IGCO - news)
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