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Gold/Mining/Energy : IGCO - Intergold Corporation

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To: Robert who wrote (25)4/27/1999 10:05:00 AM
From: Mr. Jens Tingleff  Read Replies (1) of 69
 
More results: biz.yahoo.com

Company Press Release

SOURCE: Intergold Corporation

Intergold Corporation Announces 5-Foot Assay Results - Core 98C-8

NEWPORT BEACH, Calif., April 27 /PRNewswire/ -- On behalf of the Board of Directors, Intergold Corporation (OTC Bulletin Board: IGCO - news; ''the Company'') announces drill core results with respect to their drilling program on the Blackhawk property 38 miles north of Twin Falls in the State of Idaho. To date, seven of the eight vertically drilled 500' HQ cores have been assayed at 5-foot intervals. Assaying was conducted by AuRIC Metallurgical Laboratories and detailed results are presented for Cores 98C-8 below. Note, each of the eight cores drilled to date in the mineralized zone remain open at depth.

The average grade of each core at 5-foot intervals is provided in the summary table below. Averages provided are based on approximately 100 assays over the entire length of each core. Many areas of each core have sections with values much higher than the total average for each core. To date, the highest assay values were reported in core 98C-25. Core 98C-25 reported average assay values of .838 OPT over an 85' section of the core from 300' to 385' with individual assay values as high as 2.822 OPT.

5-FOOT INTERVAL DRILL CORE ASSAY SUMMARY -- BLACKHAWK PROJECT

Core Average GOLD Average SILVER Depth Type
(Tr.oz./ton) (Tr.oz./ton)
98C-27 0.051 0.259 0 - 500' Vertical/HQ
98C-25 0.195 0.089 0 - 500' Vertical/HQ
98C-14 0.055 0.257 0 - 500' Vertical/HQ
98C-16 0.076 0.141 0 - 500' Vertical/HQ
98C-1 0.039 0.091 0 - 500' Vertical/HQ
98C-22 0.060 0.207 0 - 500' Vertical/HQ
98C-8 0.057 0.184 0 - 500' Vertical/HQ

5-FOOT INTERVAL ASSAY DATA - HQ VERTICAL DRILL CORE
CORE: 98C-8
(Troy Ounces per Short Ton)
Precious Metal AU AG
Core Depth (ft) 98C-8 98C-8
(0'-5') *N/Rec *N/Rec
(5'-10') *N/Rec *N/Rec
(10'-15') 0.095 0.411
(15'-20') 0.047 0.234
(20'-25') 0.098 0.213
(25'-30') 0.019 0.224
(30'-35') 0.031 0.178
(35'-40') 0.027 0.356
(40'-45') 0.045 0.242
(45'-50') 0.043 0.234
(50'-55') 0.054 0.231
(55'-60') 0.035 0.237
(60'-65') 0.033 0.239
(65'-70') 0.037 0.240
(70'-75') 0.039 0.207
(75'-80') 0.031 0.201
(80'-85') 0.051 0.215
(85'-90') 0.041 0.207
(90'-95') 0.027 0.204
(95'-100') 0.052 0.200
(100'-105') 0.052 0.226
(105'-110') 0.478 0.166
(110'-115') 0.107 0.203
(115'-120') 0.080 0.221
(120'-125') 0.070 0.159
(125'-130') 0.397 0.186
(130'-135') 0.301 0.183
(135'-140') 0.030 0.160
(140'-145') 0.033 0.164
(145'-150') 0.088 0.179
(150'-155') 0.031 0.153
(155'-160') 0.023 0.144
(160'-165') 0.023 0.168
(165'-170') 0.029 0.161
(170'-175') 0.023 0.176
(175'-180') 0.031 0.163
(180'-185') 0.039 0.179
(185'-190') 0.039 0.153
(190'-195') 0.016 0.179
(195'-200') 0.043 0.195
(200'-205') 0.004 0.048
(205'-210') 0.021 0.169
(210'-215') 0.018 0.183
(215'-220') 0.027 0.207
(220'-225') 0.029 0.201
(225'-230') 0.023 0.197
(230'-235') 0.027 0.199
(235'-240') 0.021 0.194
(240'-245') 0.027 0.197
(245'-250') 0.124 0.170
(250'-255') 0.020 0.223
(255'-260') 0.016 0.198
(260'-265') 0.023 0.193
(265'-270') 0.019 0.211
(270'-275') 0.027 0.176
(275'-280') 0.025 0.132
(280'-285') 0.039 0.155
(285'-290') 0.025 0.240
(290'-295') 0.078 0.114
(295'-300') 0.035 0.205
(300'-305') 0.039 0.159
(305'-310') 0.047 0.130
(310'-315') 0.016 0.142
(315'-320') 0.016 0.123
(320'-325') 0.015 0.157
(325'-330') 0.014 0.162
(330'-335') 0.014 0.120
(335'-340') 0.039 0.137
(340'-345') 0.023 0.171
(345'-350') 0.078 0.197
(350'-355') 0.066 0.152
(355'-360') 0.023 0.190
(360'-365') 0.021 0.167
(365'-370') 0.014 0.139
(370'-375') 0.018 0.181
(375'-380') 0.105 0.201
(380'-385') 0.031 0.132
(385'-390') 0.040 0.143
(390'-395') 0.101 0.207
(395'-400') 0.089 0.168
(400'-405') 0.018 0.145
(405'-410') 0.058 0.238
(410'-415') 0.039 0.143
(415'-420') 0.023 0.134
(420'-425') 0.027 0.134
(425'-430') 0.027 0.133
(430'-435') 0.025 0.130
(435'-440') 0.029 0.142
(440'-445') 0.039 0.147
(445'-450') 0.066 0.211
(450'-455') 0.054 0.168
(455'-460') 0.031 0.154
(460'-465') 0.497 0.254
(465'-470') 0.041 0.207
(470'-475') 0.033 0.174
(475'-480') 0.101 0.199
(480'-485') 0.122 0.216
(485'-490') 0.027 0.167
(490'-495') 0.043 0.180
(495'-500') 0.089 0.197

AVERAGE OPT 0.057 0.184

(*N/Rec.= Core Not Recovered)

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.

Contact: Intergold Investor Relations, investor@intergoldcorp.com, 888-848-7377

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
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