HIGHLIGHTS

• Extension drilling continues to confirm continuity of mineralised corridor outside existing resource modelling – Better drill assay results include;

  • 4.3m @ 17.5g/t Au fro m 104.2m drill depth – Hole ANA033
  • 1.18m @ 2.37g/t Au from 44.57m and 8.43m @ 1.18 g/t Au f rom 66.4 m drill depth – Hole ANA030
  • 0.97m @ 1.71g/t Au from 111.15m and 1.02m @ 2.47g/t Au from 121.8m drill depth – Hole LZG034
  • 2.73 m @ 1.2 g/t Au from 6 1. 32m drill depth – Hole LZG039
  • 1.09 m @ 3.74 g/t Au from 3 3. 23 m drill depth – Hole LZG042

The reported exploration results include drill holes targeting extensions to defined mineral resources at the União, Carrapato, and Ana Prospect areas, which form a significant portion of the Ouro Paz Gold Project’s maiden Mineral Resource Estimation (MRE) totalling 690,000oz gold averaging 2.5g/t Au at the Company’s Ouro Paz Joint Venture in Brazil, where IGS holds an effective 33% interest in the Ouro Paz JV project.

A total of 5,994 m of drilling in 55 holes have been completed to date during the diamond drill campaign for the 2014 field season, with several additio nal holes yet to be completed to fol low – up on successful intercepts , along with some initial drill tests of targets defined by this year’s surface geochemistry and geophysical campaigns.

Ana East Drill Results

Three drill holes were completed to the east of the Ana PF resource area targeting mineral isation on an east – west trending vein zone previously tested with wide spaced RC drilling in 2012. The r eported hole ANA033 returning 4.7m @ 1 7.5g/t Au is a diamond drill test identifying deeper mineralisation proximal to mineralisation intersected in RC hole AR041 which ended in 13m @ 0.62g/t Au at 90m drill depth, and also intersected 6m @ 1.59g/t Au from surface.

Additional interpretation a nd exploration activity is required to better define the relationship of the mineralisation between the two holes. The high grade gold intercept in ANA033 is located among several RC holes at ANA East that consistently intersect anomalous gold values alon g 300m of strike extent and represent a favourable zone for further resource potential.