Intergroup Mining – Pre-IPO opportunity
InterGroup Mining Limited, an Australian company, together with its wholly owned subsidiary Jodo Gold Pty Ltd, has a major gold exploration project located in North Queensland, Australia, approximately 250 kilometres from the major seaport of Townsville, west of Charters Towers, and immediately north of the gold bearing district of Pentland.
The company 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.
A Mining Lease (ML 100008) has been granted by the Department of Natural Resources and Mines and gold production is scheduled to commence Q1 2018.
Prolific Mining Region
The mining asset is located within the Charters Towers – Ravenswood Gold Province, which has produced more than 20 million ounces of Gold.
Excellent Exploration and Drilling Results
Geologists report that the setting is conducive for a major ore body to be present in the district.
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 mineralisation continues down hole with high grade drill samples up to 74.1 g/t Au.
Multiple samples contain visible gold.
The Geologists advise there are 2 conclusive targets – the high grade narrow veins, and the possibility for an intrusive driven bulk target.
Credentialed management is in place, with 3 generations of mining experience.
InterGroup Mining’s Board has a strong focus on governance and investor return. The Board has a disciplined approach to investment opportunities and expenditure together with a demonstrable track record.
Gold Mining Commenced on Site
Extensive work is now being carried out to expose the gold bearing quartz, stockpile ore for processing and prepare drill pads for further exploration.
Recovery test work has produced excellent results on gold ore from the Brilliant Brumby project.
Modular mobile equipment with nameplate capacity of 200tph is expected to be operational in April 2018.
Pre IPO Opportunity
The company is progressing its conversion to a UK Plc company in preparation of its plans to list the Company. A Pre-IPO opportunity is available to selected professional and sophisticated investors.
Complete our contact form to receive some free information about the company and its Pre-IPO offer.