Integra Gold owns the intellectual property on more than 6 terabytes of digital mining and exploration data, spanning more than 75 years of mining activity and 9 million ounces of gold production in Val-d'Or, Québec. Many millions of dollars has been spent by others acquiring this digital data - it's now time to use it...
Given the wealth of valuable mining and exploration data at its disposal, INTEGRA GOLD IS IMPLEMENTING ONE OF THE LARGEST MINING INDUSTRY focused Crowdsourcing analytical challenge ever created in our industry.
Number of participants that registered for the Gold Rush
Number of countries represented by Gold Rush participants
Number of teams that entered the Gold Rush
Number of submissions received.
1 Winner to be announced on March 6, 2016 during the Gold Rush Finale at Prospectors & Developers Association of Canada Convention.
To attend the Gold Rush Finale and watch 5 finalists defend their submission to industry titans Brent Cook, Chantal Gosselin, Rob McEwen, Sean Roosen, and Randy Smallwood email firstname.lastname@example.org
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Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this document constitute forward-looking statements, including the ability of any participant to determine the location of any prospective area of mineralization and exploration plan, the potential for prospective area of mineralization and exploration plan at Integra's Sigma-Lamaque gold property, timing and process for the release of data and completion of the Integra Gold Rush Competition, expected number of participants, and timing for completion of the digitization of the data. In making the forward-looking statements, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to execute the contest in accordance with the terms described herein, that the data will be adequately digitized, that participants will be able to access and analyze the data in accordance with the terms of the competition, that the Company will be able to secure sponsorships, that the Company is able to obtain any government or other regulatory approvals, that the Company is able to procure personnel, equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis and that actual results are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Additional Information: Ounces-per-vertical meters is a calculation which presents the average production per metre over the entire depth of the mine, and is calculated by dividing total ounces produced by total depth of mine. Based on publicly available historical statistics for the period from 1933 and 1985, the Lamaque Mine produced 24,151,963 tonnes grading 5.9 g/t Au for approximately 4.5 million ounces of gold from surface to a maximum depth of mining of 1,100 vertical metres. In the case of the Lamaque Mine ounces per vertical metre can be deduced by dividing total past production of 4.5 million ounces of gold by vertical depth of mining of 1,100 metres. The Lamaque Mine had a near vertical dip, with approximately 300 metres and gold grades varied over the course of the orebody with near continuous mineralization.
For additional information on the Company's Lamaque Project see "Technical Report and Mineral Resource Estimate Update for the Lamaque Project (according to National Instrument 43-101 and Form 43-101F1)" dated March 27, 2015 and "Technical Report and Updated Preliminary Economic Assessment for the Lamaque Project (according to National Instrument 43-101 and Form 43-101F1)" dated February 27, 2015.