SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Gold Corp (IGCO)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuck Delo who wrote (210)10/20/1998 11:37:00 AM
From: Chuck Delo  Read Replies (1) of 405
 
News is out. Anybody care to comment on the significance of the Platinum Group Metals?
Chuck
Intergold Corporation Operational
Update

NEWPORT BEACH, Calif., Oct. 20 /PRNewswire/ -- On behalf of the Board of Directors,
Intergold Corporation (OTC Bulletin Board: IGCO - news; ''the Company'') announces the
following information with respect to their drilling program in Idaho:

The Company has currently completed 9 diamond drill holes, each to a depth of 500 feet. Fire
assays indicate gold and silver values. Testing also indicates the presence of Platinum Group Metals
(PGM's).

Cognizant of the need to check all results with independent labs prior to publishing news releases,
Intergold has employed reputable labs who have provided similar services to major mining firms to
verify results. When this independent testing has been completed and the Company is satisfied as to
the integrity of the work, a comprehensive news release will follow.

Values found to date are consistent throughout the core drilling length to the end of the 500-foot drill
depth. To help determine the mineralized depth, two of the existing 500-foot holes will be extended
to 1,000 feet this fall.

Intergold plans to resume drilling within two weeks to complete the planned program to define
further the mineralized zone. Within the scope of this plan, two of the first nine holes will be
extended to 1000 feet; six additional diamond drill holes to 500 feet will be undertaken, and 21
reverse circulation in-fill holes will follow.

SAFE HARBOR STATEMENT

Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the
Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without limitation, commodity prices of precious
metals and actual results differing materially from projections because of geological factors,
operation factors, government regulations or factors relied upon from independent sources, may
either negatively or positively impact exploration or mining operations. Forward-looking statements
involve known and unknown risks and uncertainties that may cause the Company's actual results in
the future periods to differ materially from forecasted results. The company assumes no obligation to
update the information in this release.

SOURCE: Intergold Corporation

More Quotes and News:
Intergold Corp (OTC BB:IGCO - news)
Related News Categories: mining/metals

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext