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Gold/Mining/Energy : International Gold Corp (IGCO) -- Ignore unavailable to you. Want to Upgrade?

To: Chuck Delo who wrote (330)	1/12/1999 10:45:00 AM
From: Chuck Delo	Read Replies (1) \| Respond to of 405

News is out again. Looks like things are starting up again. Tuesday January 12, 9:30 am Eastern Time Company Press Release SOURCE: Intergold Corporation Intergold Corporation Announces Determination of Repeatability By Dames and Moore and Announces Assay Results NEWPORT BEACH, Calif., Jan. 12 /PRNewswire/ -- Intergold Corporation (OTC Bulletin Board: IGCO - news; 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 More Quotes and News: Intergold Corp (OTC BB:IGCO - news) What does everybody think? Chuck