Intergold Corporation Announces Determination of RepeatabilityBy Dames and Moore and Announces Assay Results
NEWPORT BEACH, Calif., Jan. 12 /PRNewswire/ -- Intergold Corporation (OTC Bulletin Board: IGCO) (the "Company") announces that Dames and Moore has provided an independent evaluation of repeatability of the procedures developed and followed by AuRIC Metallurgical Laboratories ("AuRIC"). Dames and Moore participated in a series of fire and chemical assay tests at AuRIC's facility in Salt Lake City, Utah on December 7-11, 1998. Dames and Moore drew on its recent experience in auditing AuRIC for Verification of Validity of Developed Procedures for the Blackhawk 1 Project (see December 4, 1998 news release). Based on this information, Dames and Moore drew the following conclusions:
-- Compared to the variation in concentrations from one core to another
(which is an order of magnitude), the relative standard deviations were
small; therefore, the repeatability was good.
-- AuRIC's mean ore result on a CANMBT standard run with each set of
samples was within the recommended value range. This indicates that
AuRIC measurements, on the average, were accurate.
Intergold Corporation also announces assay results of the sixth and seventh of nine current drill cores from the Blackhawk property 38 miles north of Twin Falls in the State of Idaho. Fire Assay tests were conducted by Auric Metallurgical Laboratories and the following test results are from core hole 98C-22 and 98C-9.
Fire Assay Results From Core Drill Hole # 98C-22 (sixth hole tested)
Sample ID Gold (Tr. Oz./ton) Silver (Tr. Oz./ton)
98C-22 (0' to 5') 0.062 0.270
98C-22 (5' to 10') 0.074 0.236
98C-22 (20' to 25') 0.087 0.217
98C-22 (45' to 50') 0.062 0.256
98C-22 (95' to 100') 0.050 0.270
98C-22 (145' to 150') 0.099 0.239
98C-22 (195' to 200') 0.074 0.232
98C-22 (245' to 250') 0.124 0.232
98C-22 (295' to 300') 0.087 0.241
98C-22 (345' to 350') 0.099 0.237
98C-22 (395' to 400') 0.087 0.249
98C-22 (445' to 450') 0.125 0.231
98C-22 (495' to 500') 0.073 0.315
Average 0.085 0.248
Fire Assay Results From Core Drill Hole # 98C-9 (seventh hole tested)
Sample ID Gold (Tr. Oz./ton) Silver (Tr. Oz./ton)
98C-9 (5' to 10') 0.001 0.302
98C-9 (10' to 15') 0.002 0.302
98C-9 (45' to 50') 0.002 0.302
98C-9 (95' to 100') 0.006 0.270
98C-9 (145' to 150') 0.004 0.290
98C-9 (195' to 200') 0.005 0.298
98C-9 (245' to 250') 0.004 0.290
98C-9 (295' to 300') 0.006 0.286
98C-9 (345' to 350') 0.006 0.284
98C-9 (395' to 400') 0.008 0.290
98C-9 (445' to 450') 0.006 0.294
98C-9 (495' to 500') 0.006 0.260
Average 0.005 0.289
NOTE: This core hole is located outside the mineralized zone across a fault.
Fire assays for each hole at five-foot intervals will be provided after larger interval testing of all nine holes is complete. The assay information provided to date encompasses seven of nine drill cores. Gold and silver values of six of nine drill core holes to 500 feet with fire assays conducted at 50-foot intervals have averaged 0.091 opt and 0.186 opt respectively (excepting hole 98C-9 located outside the mineralized zone).
Through the Company's subsidiary, "International Gold Corporation," the Intergold Corporation is exploring a large mineralized prospect in the State of Idaho -- the Blackhawk I Gold Project, which is comprised of 321 contiguous unpatented lode mining claims in Lincoln County, Idaho.
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
CO: Intergold Corporation
ST: California, Idaho
IN: MNG
SU:
01/12/99 09:30 EST prnewswire.com
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