INTEGRA ANNOUNCES SUBMISSION OF REVISED DELAMAR MINE PLAN OF OPERATIONS AND APPOINTS U.S. AIR FORCE LIEUTENANT GENERAL (RET.) LEONARD KOSINSKI AS BOARD ADVISOR
Rhea-AI Summary
Integra Resources (TSXV: ITR; NYSE American: ITRG) has submitted an updated Mine Plan of Operations (MPO) to the U.S. Bureau of Land Management for the DeLamar gold-silver project in Idaho, marking the start of federal permitting under NEPA. The company expects the environmental analysis process to take approximately two years.
The updated MPO features an optimized mine plan with a more compact footprint and design modifications to reduce carbon emissions and water usage. The project will undergo Environmental Impact Statement (EIS) evaluation, including public comment periods and agency reviews.
Additionally, Integra appointed U.S. Air Force Lieutenant General (Ret.) Leonard Kosinski as Strategic Board Advisor, bringing over three decades of military and government leadership experience to support federal stakeholder engagement.
The announcement coincides with a March 20, 2025 Executive Order focused on accelerating domestic mineral production through streamlined permitting processes and enhanced federal coordination.
Positive
- Submission of updated MPO initiates federal permitting process
- Optimized mine plan with reduced environmental impact
- Strategic appointment of experienced military advisor for federal engagement
- Favorable timing with new Executive Order supporting domestic mineral production
- Enhanced project design aligned with federal priorities
Negative
- Two-year timeline for environmental analysis process
- Project subject to extensive regulatory reviews and potential modifications
- Multiple permit requirements from federal and state agencies
News Market Reaction 1 Alert
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www.integraresources.com
In parallel with the submission of the MPO, Integra is pleased to announce the appointment of
Integra would also like to recognize the Executive Order ("EO") published by the federal administration on March 20, 2025, titled "Immediate Measures to Increase American Mineral Production". The EO calls for streamlined permitting timelines, enhanced federal permitting coordination, and strategic investment into domestic mineral supply chains. Continued government support for domestic minerals projects comes at a crucial time for Integra as federal permitting efforts officially begin for DeLamar.
George Salamis, President, CEO and Director of Integra commented: "The submission of the updated MPO is a crucial moment for Integra and the future of the DeLamar gold-silver project in
Updated MPO Submission: A Major Step Forward for DeLamar
The submission of the updated MPO to the BLM initiates the pathway to the issuance of a Notice of Intent ("NOI"), which is a formal announcement of BLM's intent to prepare an Environmental Impact Statement ("EIS") to evaluate the potential environmental effects of the proposed action. The NOI is followed by a scoping process which includes engagement with federal, state, and local agencies and the general public. Once the EIS is formally scoped, the BLM will conduct environmental impact analysis for the proposed action as well as reasonable alternatives to the proposed action. Through this alternatives evaluation process, refinements to the MPO may be identified that reduce environmental impacts. A Draft EIS ("DEIS") will publish the results of BLM's environmental analysis and will be open to public comment for a minimum of 45 days. Public comments on the DEIS will be addressed by the BLM in the Final EIS ("FEIS") and accompanying Record of Decision document, which may include BLM-proposed measures to mitigate environmental impacts. The BLM's environmental analysis under NEPA (NOI to FEIS) is anticipated to span two years, and is a rigorous, transparent, and prescriptive permitting framework that guides federal review of mining projects on public lands. Federal permitting will be complemented by a host of equally robust permits from multiple
Integra's updated MPO for DeLamar reflects a significantly optimized and environmentally enhanced mine plan, including a more compact project footprint and design modifications aimed at reducing projected carbon emissions and water usage. These improvements were developed through extensive technical analysis, stakeholder engagement, and a focus on the integration of modern sustainable mining practices.
Appointment of Lieutenant General (Ret.) Leonard Kosinski as Board Advisor
To strengthen Integra's federal government engagement and strategic advisory capacity during this critical permitting period, the Company is pleased to welcome Lieutenant General (Ret.) Leo Kosinski as a Strategic Board Advisor.
General Kosinski recently served as Director for Logistics on the Joint Staff at the
The addition of General Kosinski brings immense and immediate strategic benefit to the Company as federal permitting begins for DeLamar.
Immediate Measures to Increase American Mineral Production Executive Order
Integra welcomes the recent EO signed by the federal administration, on March 20, 2025. The EO titled "Immediate Measures to Increase American Mineral Production" calls for accelerated permitting timelines, enhanced federal permitting coordination, and strategic investment into domestic mineral supply chains. As stated in the EO, permitting bottlenecks for upstream resource projects represent a national security and economic risk that must be addressed immediately. The EO targets specific initiatives including streamlining permitting, re-evaluating land access, clarifying the Mining Act, mobilizing capital, and strategic stockpiling and procurement for domestic minerals.
Additional details on the recently signed EO can be found on the official White House website: https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/
About Integra Resources
Integra is a growing precious metals producer in the Great Basin of the
ON BEHALF OF THE BOARD OF DIRECTORS
George Salamis
President, CEO and Director
Forward Looking and Other Cautionary Statements
Certain information set forth in this news release contains "forward‐looking statements" and "forward‐looking information" within the meaning of applicable Canadian securities legislation and applicable
Forward-looking statements are often identified by the use of words such as "may", "will", "could", "would", "anticipate", "believe", "expect", "intend", "potential", "estimate", "budget", "scheduled", "plans", "planned", "forecasts", "goals" and similar expressions. Forward-looking statements are based on a number of factors and assumptions and necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward‐looking statements. Readers are advised to study and consider risk factors disclosed in Integra's Annual Information Form dated March 26, 2025 for the fiscal year ended December 31, 2024, which is available on the SEDAR+ issuer profile for the Company at www.sedarplus.ca and available as Exhibit 99.1 to Integra's Form 40-F, which is available on the EDGAR profile for the Company at www.sec.gov.
There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward‐looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The forward-looking statements contained herein are presented for the purposes of assisting investors in understanding the Company's plans, objectives and goals, and may not be appropriate for other purposes. Forward-looking statements are not guarantees of future performance and the reader is cautioned not to place undue reliance on forward‐looking statements.
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SOURCE Integra Resources Corp.