Welcome to our dedicated page for Integra Resources news (Ticker: ITRG), a resource for investors and traders seeking the latest updates and insights on Integra Resources stock.
Integra Resources Corp. (ITRG) is a development-stage company focused on the acquisition, exploration, and development of precious metal deposits across the Great Basin of the Western USA. Led by a management team with a successful track record from Integra Gold Corp., Integra Resources’ main assets include two flagship oxide heap leach projects: the past-producing DeLamar Project in southwestern Idaho and the Nevada North Project, which consists of the Wildcat and Mountain View deposits in northwestern Nevada. The company also holds a diverse portfolio of early-stage exploration projects in Idaho, Nevada, and Arizona.
At the DeLamar Project, Integra Resources has demonstrated significant growth and conversion of resources since acquiring the project in 2017. The project includes the DeLamar and Florida Mountain gold and silver deposits and boasts robust economic studies through its Preliminary Economic Assessment and Preliminary Feasibility Study. Recently, the company made strategic advancements by acquiring seventeen unpatented claims in the Rich Gulch area, which are located adjacent to the Florida Mountain Deposit. This acquisition will enhance operational flexibility and support future mining and processing scenarios.
The Nevada North Project encompasses the Wildcat and Mountain View deposits. Wildcat, located in Pershing County, Nevada, is characterized by gold-dominated, low-sulphidation, epithermal vein systems. Integra plans to commence a 2,000-meter Phase 1 exploration drill program at Wildcat in June 2024, aiming to expand the existing mineral resource and uncover high-grade breccia targets.
Financially, Integra Resources is well-positioned following a successful bought deal public offering, raising approximately C$14.95 million. The funds will be used to further explore and develop its key projects, as well as for general corporate purposes. Additionally, Integra continues to advance its projects through the regulatory framework in the USA. The DeLamar Project's Mine Plan of Operations has been accepted by the U.S. Bureau of Land Management, allowing progression into the National Environmental Policy Act process.
Integra Resources Corp.'s long-term vision is to become a leading USA-focused mid-tier gold and silver producer, underpinned by responsible mining practices, environmental protection, and community engagement.
Integra Resources Corp. (TSX-V:ITR; NYSE American:ITRG) announced significant high-grade gold-silver drill results from the Florida Mountain Deposit at its DeLamar Project in Idaho. Key highlights include drill hole FME-21-109 intercepting 1.01 g/t Au over 24.39 m and hole FME-21-118 returning 3.20 g/t Au over 6.71 m, with exceptionally high grades such as 27.04 g/t Au in a narrower interval. The company will defer its Q2 resource estimate update to include these results in a new NI 43-101 resource estimate anticipated in Q4 2021, coinciding with a Pre-feasibility Study.
Integra Resources Corp. has released significant gold-silver drill results from its Florida Mountain and Lucky Days Target in the DeLamar Project, southwestern Idaho. Notable results include intercepts of up to 16.86 g/t gold and 2,472 g/t silver over 1.25 meters. To enhance exploration efforts, the company is adding two drill rigs, increasing the count to four by the end of April 2021, to pursue high-grade mineralization. An updated NI 43-101 Resource Estimate is expected in late Q2 2021, with a Pre-feasibility Study set for Q4 2021.
Integra Resources Corp. has appointed Carolyn Clark Loder to its Board of Directors, effective February 24, 2021. Loder brings over 30 years of mining experience, specifically in mineral rights and Tribal relations, previously serving at Freeport-McMoRan. The board anticipates her expertise will enhance consultation with Tribal Nations and ESG initiatives, crucial for advancing the DeLamar Project in Idaho. Loder has been recognized in the Top 100 Global Inspirational Women in Mining and holds various leadership positions in mining associations. She received stock options for 100,000 shares at C$4.24 each, exercisable until February 2026.
Integra Resources has reported promising gold-silver discoveries from its BlackSheep District, a 30 km² area northwest of the DeLamar Deposit. Initial drill results from four holes revealed significant low-sulphidation epithermal mineralization, highlighting high-grade intercepts like 0.66 g/t Au and 117.25 g/t Ag over 10.67 m. The successful drilling indicates potential for large mineralized systems, with ongoing exploration set to expand on these findings. The company plans a resource update in Q2 2021 and further drilling at multiple targets.
Integra Resources Corp. is advancing its exploration initiatives at the DeLamar Project in Idaho, initiating a 10,000-meter winter drilling program focused on high-grade and low-grade resources. Key targets include the Florida Mountain Deposit and Black Sheep area, with multiple follow-up studies aimed at enhancing silver recovery in the upcoming Pre-feasibility Study (PFS) due in Q4 2021. The resource estimate at DeLamar includes 116 million ounces of silver, with ongoing metallurgical testwork aimed at improving recovery rates through innovative processing techniques.
Integra Resources Corp. (NYSE American: ITRG) announced an Equity Distribution Agreement with Stifel to implement an at-the-market equity program. This program will enable the issuance of common shares from treasury to the public at the company's discretion to fund exploration drilling. The net proceeds from any share sales will support resource growth at the DeLamar Gold-Silver Project in Idaho, with shares sold at prevailing market prices in the U.S. Copies of the related prospectus can be accessed through Stifel.
Integra Resources Corp. (TSX-V:ITR; NYSE American:ITRG) has announced the granting of 285,683 options, 358,203 restricted share units, and 87,500 deferred share units as part of its Equity Incentive Awards. These awards, aimed at employees, executives, directors, and consultants, have an exercise price of $4.71 per share and will expire in five years. Integra is focused on the exploration and development of the DeLamar Gold-Silver Project in Idaho, aiming for resource growth and pre-feasibility studies.
Integra Resources Corp. (TSX-V:ITR; NYSE American: ITRG) has announced promising drill results from Florida Mountain in the DeLamar Project, Idaho. Key highlights include:
- Drill Hole FME-20-085 intersected 4.53 g/t gold and 262.67 g/t silver over 85.35 m.
- A total of 20 drill holes have been completed, with 13 showing significant high-grade mineralization.
- Potential resource expansion of approximately 300 meters south of the current estimate has been identified.
The exploration program showcases strong potential for both high-grade and low-grade resource development.
Integra Resources Corp. (NYSE American: ITRG) has appointed Mine Development Associates (MDA) as the lead engineering firm for the Pre-Feasibility Study (PFS) at the DeLamar Gold-Silver Project in Idaho. The PFS aims to explore larger production scenarios compared to the 2019 Preliminary Economic Assessment. Fully financed with C$42 million, the PFS is set for completion in Q4 2021. Currently, 90% of DeLamar's resources are Measured and Indicated, negating the need for costly drilling. Integra emphasizes local procurement as part of its sustainability strategy.
FAQ
What is the current stock price of Integra Resources (ITRG)?
What is the market cap of Integra Resources (ITRG)?
What does Integra Resources Corp. do?
What are the company's flagship projects?
What recent acquisitions has Integra Resources made?
How is Integra Resources financed?
What are the key projects in Integra's portfolio?
Who leads the management team at Integra?
What are the company's environmental and community initiatives?
What is the significance of the Rich Gulch claims acquisition?
What are the future plans for the Nevada North Project?
How does Integra Resources plan to advance the DeLamar Project?
