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INTEGRATED RESOURCES GROUP LIMITED

ASX: IRG

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Integrated Resources Group Limited (ASX:IRG) is an Australian Listed Mining and Exploration Company. The focus of the company’s attention is presently the Lyndon tenement in Western Australia.

Further exploration of the Lyndon Station gold mine, the hydrothermal system and the new exploration license will be directed towards discovering sufficient high grade gravity recoverable gold to establish a low cost mining operation and to exploring the potential of the region.

The company continues to investigate, evaluate and review current and future opportunities available to it.

Lyndon Project

The historic Lyndon Station gold mine is located over a quartz vein system. Previous production (3 stopes and 2 shafts to a depth of 9 m) between 1952 and 1954 was 100t at 3-5oz (124g/t) (source: MINEDEX) and between 1990 and 1991 via an open cut extension to 10m with 29 tons of quartz ore @ 22g/t (source:WAMEX).

Total production from Lyndon Station Mine was 129t @ approx 101g/t Au (419 ounces Au) that by modern standards has been under explored. The property has never been drilled at depth. The location of the 27.36km2 Lyndon Exploration Licence application is shown below.

Basement geology is comprised of metamorphic, migmatites and granitoids belonging to the northwestern portion of the Gascoyne Complex. These rocks host a number of high grade quartz/gold reefs associated with multiple deformation and intrusive events.

The Lyndon Station Gold Mine is documented as lying on an east/west structure that hosts several high grade reefs. This structure appears to be partly obscured by colluvium and wind blown sand and has not been tested by modern exploration techniques including drilling within the Lyndon Licence.

* Located in the Gascoyne Region of Western Australia approximately 300km northeast of Carnarvon.
* Gold, Silver and Copper prospects.
* A cluster of high grade workings dating back to the 1950’s previously announced. Never drilled at depth nor explored by modern techniques.
* 100% owned.
* Four contiguous tenements of 652 square kilometres.
* First two samplings in late 2009 confirm high grade gold, silver and copper rich systems.
* Skarn found, Induced Polarization (IP) program planned.
* RC Drilling program planned to determine grade and tonnage potential.

Mine For

copper, gold, silver

Location of operation(s)

Western Australia

Address

Suite 2003, 109 Pitt Street,
SYDNEY, NSW, Australia 2000

Phone

+61 2 9962 8053

Email

Website


Last Updated

28/09/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.