InterGroup Mining Limited
InterGroup Mining Limited creates, delivers and captures value through accelerating the value of highly anomalous mining tenements that have shown outstanding qualities in terms of mineralisation and geology. With new gold discovery and low cost production we have an effective strategy.
InterGroup Mining Limited, an Australian company, together with it’s wholly owned subsidiary Jodo Gold Pty Ltd, has a major gold exploration project located in North Queensland, Australia, approximately 250 kilometers from the major seaport of Townsville, west of Charters Towers, and immediately north of the high gold bearing district of Pentland.
About our Company
The mining asset is located within the Charters Towers – Ravenswood Gold Province, which has produced more than 20 million ounces of Gold.
Credentialed management is in place, with 3 generations of mining experience.
Comprehensive rock chip, stream sediment and soil samples have been taken from the project area to determine the extent and quality of the mineralisation. This has revealed high grade gold including 176 g/t Au, 95.7 g/t Au & 82.2 g/t Au at Brilliant Brumby, as well as several samples above 20 g/t Au.
4,633 meters of drilling has been completed and conﬁrms that widespread surface mineralization continues down hole with high grade drill samples up to 74.1 g/t Au.
A Mining Lease application (ML 100008) has been lodged and accepted by the Department of Natural Resources and Mines and is currently going through the approval process.
The Geologists advise there are 2 conclusive targets – the high grade narrow veins, and the possibility for an intrusive driven bulk target.
InterGroup Mining’s Board has a strong focus on governance and investor return. The Board has a disciplined approach to investment opportunities and expenditure.
The compelling highlights of the project include the potential for a major discovery, characterised by surface mineralisation, which allows low cost production and accelerated lead times.
Extensive research and exploration has been carried out on the site since 2010 and an intense on site reconnaissance has taken place throughout 2012 & 2013.
A close review of the outcropping geology and geochemical assay results has narrowed the initial focus area to a selection of anomalous locations in two areas referred to as Brilliant Brumby and The Worm.
A trend in the mineralisation, of a combined strike length of more than 2 kilometers has been identified at Brilliant Brumby and a potential one kilometer plus strike length at The Worm.