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Integra Resources – Key Takeaways From The Updated Mineral Resource Estimate And Ongoing Developmental Work At The DeLamar Project

Shad Marquitz
November 21, 2023

Jason Kosec, President and CEO of Integra Resources (TSX-V: ITR; NYSE: ITRG), joins us to outlines the key takeaways from the updated Minerals Resource Estimate and ongoing developmental work at the DeLamar Project, in Idaho.  The updated resource now includes the addition of 504,000 ounces gold equivalent (AuEq) in the Measured and Indicated (M&I) resource category, and 46,000 oz AuEq in the inferred resource category through the recent successful stockpile drill program.

 

Including the 2023 DeLamar MRE, Integra now controls a total M&I resource of 6.2 million ounces AuEq and a total Inferred resource of 0.9Moz AuEq, for a total of 7.1 million ounces of AuEq across all categories at its key projects located in Idaho and Nevada.  This represents one of the largest resource endowments in the Great Basin of the USA not controlled by a major mining company.

 

We discuss how these new economically accretive ounces added to the resource fit in to the current thinking on the project development, and for this material to significantly increase the heap leach mine life in future phases.  The Company anticipates filing the Mine Plan of Operations (MPO) for DeLamar in Q4 2023, making DeLamar one of the only precious metal development projects in the Western United States that is actively being advanced towards a production permit

 

We also have Jason review the potential for further expansion of resources and robust exploration upside at both the Wildcat and Mountain View Projects in western Nevada, as well as key regional targets nearby the DeLamar Project like Florida Canyon, War Eagle, Tennessee Mountain, and Black Sheep.  

 

If you have any follow up questions for Jason regarding Integra Resources, then please email us at either Fleck@kereport.com or Shad@kereport.com.

 

 

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Discussion
1 Comment
    Nov 23, 2023 23:56 AM

    You should have asked Jason who the a-hole is that keeps pressuring it lower and lower, day after day after day.
    I can’t believe I got a fill at 92c today. That is insane. My thanks to the a-hole manipulator I guess.