Integra Resources – A look ahead to the upcoming Pre-Feasibility Study, with increased gold and silver production
George Salamis, President and CEO of Integra Resources (TSX.V:ITR – NYSE:ITRG) joins us to recap the recent news highlighting the key components of the upcoming Pre-Feasibility Study (PFS) for the DeLamar Project in Idaho. The PFS is expected by the end of November and will include a larger production profile for both gold and silver.
We also have George outline the ongoing exploration across the Project and what doors the PFS could open in terms of possible M&A.
Please email us with any questions you have for George. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
Click here to visit the Integra Resources website and read over the recent news.
Agreed Excelsior. ITR is another core holding. Exceptional mgmt. team and first class assets. Well on their way to 5 mm ounces in 1st tier jurisdiction. This one is a no brainer from my point of view. The question is how patient mgmt. will be to optimize the sale price for these fantastic assets.
Yeah, good summary there JustTruth. Solid team, deposit, and likely great updated economics when the PFS comes out. I hope they are patient as well as far as moving towards a takeover or even earn-in from a strategic shareholder for when the precious metals sector has a bit more life in it and their market cap more accurately reflects the value of their development & exploration assets.
(ITR) (ITRG) Integra Intersects 1.51 g/t AuEq Over 160.33 m, 1.50 g/t AuEq Over 115.52 m and 12.85 g/t AuEq Over 5.19 m at Sullivan Gulch
21 Oct 2021
It is nice to see the growth of the production profile, the increased silver component, and the larger mill capacity. While it may have an increase in capex requirements, the new pre-feasibility study should show much better economics, and the kind of large annual production guidance that could get one of the big boy producers to the table as a key stakeholder or takeover suitor. It will be interesting to follow along as they keep putting out more drill news and then work towards the PFS.