Integra Resources Corp. - ITRG STOCK NEWS

Integra Resources Corp. has announced significant drill results from the Sullivan Gulch area of the DeLamar Project in Idaho. Key findings include high-grade intercepts, with IDE-22-228 reporting 4.10 g/t gold and 446.92 g/t silver over 26.97 meters, including remarkable values of 80.40 g/t gold and 14,054 g/t silver over 0.40 meters. The results confirm a new, high-grade gold-silver feeder system at Sullivan Gulch, enhancing future resource potential. The project demonstrates a robust growth strategy with a 76% increase in resources since 2017.

Integra Resources has announced promising drill results from the War Eagle target at the DeLamar Project in Idaho, revealing high-grade gold-silver mineralization. The recent drill results include significant intercepts such as 3.85 g/t Au and 7.74 g/t Ag over 77.72 m, showcasing the potential for a high-grade gold-silver system. The findings suggest multiple mineralized structures with strike lengths up to 500 m, enhancing exploration potential at the site. This indicates a favorable outlook for future operations and resource expansion for Integra Resources.

Integra Resources Corp. (ITRG) has announced a strategic focus on advancing the permitting and development of its DeLamar Project's heap leach stage, which is projected to produce an average of 136,000 oz of gold equivalent per year. This initiative aims to reduce capital costs by approximately US$235 million, cut all-in sustaining costs by 15%, and optimize financing options. The heap leach method minimizes environmental impact and enhances project economics, with an after-tax NPV(5%) of US$314 million and an IRR of 33%. The company plans to expand heap leachable resources to increase mine life and production.

Integra Resources Corp. (TSX-V: ITR; NYSE American: ITRG) announced the filing of a technical report under National Instrument 43-101 for the DeLamar Project in Idaho. The report follows a positive Pre-feasibility Study (PFS) indicating robust metrics: an after-tax NPV of US$408 million at a gold price of US$1,700/oz, with expected average annual production of 163,000 oz AuEq in the first eight years. Opportunities exist to lower capital costs by utilizing a heap-leach only operation, enhancing project flexibility and risk management. The full report can be accessed on SEDAR and the company's website.

Integra Resources Corp. (TSXV: ITR; NYSE American: ITRG) announced promising drill results from Sullivan Gulch at the DeLamar Project. Key highlights include:

• Drill hole IDE-22-227 reported 6.76 g/t gold and 309.38 g/t silver over 9.14 meters.
• IDE-22-226 showed 0.54 g/t gold and 66.42 g/t silver over 12.19 meters.

These results indicate a high-grade potential with a mineralized zone extending 1,000 meters long and 200 meters wide, with further potential identified through induced polarization geophysics.

Integra Resources Corp. (ITRG) has received approval from the U.S. Bureau of Land Management for an underground exploration drill program at its DeLamar Project. The program aims to enhance resource delineation beneath the Florida Mountain deposit. Recent drill results indicate high-grade gold and silver intercepts, including 1.79 g/t Au and 45.17 g/t Ag over 90.98 m. The project shows potential for further economic growth, as these high-grade resources could contribute positively to existing low-grade estimates. This approval positions Integra to efficiently explore and increase resource estimates.

Integra Resources Corp. announced the results of the Pre-feasibility Study (PFS) for its DeLamar Project, revealing a two-stage construction plan. The combined Heap Leach and Mill operations will process 35,000 mtpd and 6,000 mtpd, respectively. The after-tax NPV (5%) stands at US$412 million, with a 27% IRR at US$1,700/oz Au. Initial capital expenditures are pegged at US$282 million. Average annual production is projected at 163,000 AuEq ounces for the first eight years. The project includes sustainability initiatives to reduce the environmental impact, notably through a solar-powered microgrid.

Integra Resources Corp. (TSX-V:ITR; NYSE American:ITRG) has announced the grant of 8,651 deferred share units (DSUs) to three directors as part of their Q4 2021 compensation. This decision aligns with the Company's Amended and Restated Equity Incentive Plan and supports its Equity Ownership Policy, which encourages directors to hold shares in the Company. For 2022, five directors opted to receive their fees in DSUs, demonstrating commitment to the Company's long-term growth. Integra focuses on advancing the DeLamar Gold-Silver Project in Idaho, showcasing significant resource growth since 2017.

Integra Resources Corp. (TSX-V:ITR; NYSE American:ITRG) announced the granting of 391,510 options, 488,856 restricted share units, and 198,000 deferred share units as part of its Equity Incentive Awards to employees, executives, directors, and consultants. The options feature an exercise price of $2.61 per share and have a five-year expiry. Integra focuses on the DeLamar Gold-Silver Project, showcasing resource growth and exploration advancements. The company aims to complete a Pre-feasibility Study in Q1 2022.