Integra Gold Receives $752,094 Quebec Resource Tax Rebate

Integra Gold Receives $752,094 Quebec Resource Tax Rebate

ID: 297924

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/18/13 -- Integra Gold Corp. (TSX VENTURE: ICG) ("Integra" or the "Company") is pleased to announce it has received, from the offices of Revenu Quebec, a cash payment of $752,094. The payment represents the Quebec mineral exploration tax credit relating to the Company's 2011 exploration expenditures on its Lamaque Gold Project. The total amount received by the Company, including $16,080.98 in interest, was $752,093.98. Eligible exploration expenditures on the Company's Quebec Properties qualify for a refundable provincial tax credit of 32%.

With receipt of the 2011 tax credit the Company currently has cash reserves of approximately $5 million and no debt.

Project and Company Profile

Integra's Lamaque Gold Project is located in the heart of the Val d'Or gold camp in the Province of Quebec, Canada, approximately 550 km northwest of Montreal. Quebec is rated one of the best mining jurisdictions in the world. Infrastructure, human resources and mining expertise are readily available.

The Company's primary objective is to continue to prove up additional resources while advancing the existing resource towards production. The project is split into two clusters, the North and South Clusters, which are located approximate 1 kilometer ("km") from each other. The Lamaque Project's primary target, the South Cluster which presently consists of the Plug No. 4 and Triangle zones, is approximately 3 km from the City of Val d'Or. The North Cluster, presently consisting of the Parallel and Fortune zones, is located 1 km from the city.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephen de Jong, CEO & President

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.





Contacts:
Corporate Inquiries:
Integra Gold Corp.
Chris Gordon

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Unternehmensinformation / Kurzprofil:
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Bereitgestellt von Benutzer: Marketwired
Datum: 18.09.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 297924
Anzahl Zeichen: 0

contact information:
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VANCOUVER, BRITISH COLUMBIA



Kategorie:

Mining & Metals



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