INTEGRA RECEIVES FINAL APPROVAL OF EXPLORATION PLAN OF OPERATIONS FOR THE WILDCAT DEPOSIT, ADVANCING NEVADA NORTH PROJECT TOWARD PRE-FEASIBILITY STUDY

Rhea-AI Summary

Integra Resources (NYSE American: ITRG) received NEPA Decision Record and a Nevada reclamation permit approving an Exploration Plan of Operations (EPO) for the Wildcat deposit, advancing the Nevada North Project toward a Pre-Feasibility Study targeted for H2 2027. The EPO expands permitted exploration disturbance and establishes agency-reviewed financial assurance.

The Wildcat EPO follows an earlier Mountain View EPO approval and highlights proximity (≈26 miles) to the producing Florida Canyon Mine, supporting internal funding and regional operational synergies.

AI-generated analysis. Not financial advice.

Positive

• Wildcat EPO approved by BLM and Nevada BMRR
• Expanded permitted exploration disturbance and operational flexibility
• PFS targeted for H2 2027 to advance technical and economic evaluation
• Proximity (~26 miles) to Florida Canyon enables potential synergies
• Florida Canyon cash flow funding continued portfolio advancement

Negative

• Reclamation permit requires financial assurance based on agency estimate
• PFS target is a planned timeline (H2 2027), not a guaranteed completion date

News Market Reaction – ITRG

+2.27%

5 alerts

+2.27% News Effect

+$12M Valuation Impact

$562.26M Market Cap

0.1x Rel. Volume

On the day this news was published, ITRG gained 2.27%, reflecting a moderate positive market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $12M to the company's valuation, bringing the market cap to $562.26M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Distance to Florida Canyon: 26 miles PEA year: 2023 PFS target completion: H2 2027

3 metrics

Distance to Florida Canyon 26 miles Nevada North location relative to Florida Canyon Mine

PEA year 2023 Nevada North Preliminary Economic Assessment reference

PFS target completion H2 2027 Targeted completion of Nevada North Pre‑Feasibility Study

Market Reality Check

Price: $2.41 Vol: Volume 2,499,006 is below...

normal vol

$2.41 Last Close

Volume Volume 2,499,006 is below the 20-day average of 2,901,818, suggesting no outsized trading response pre‑announcement. normal

Technical Shares trade below the 200-day MA of 3.07, with price at 2.725 before this permitting news.

Peers on Argus

ITRG showed a -4.9% move while key peers like NEWP, ASM, MTA, and SLSR also trad...

1 Up

ITRG showed a -4.9% move while key peers like NEWP, ASM, MTA, and SLSR also traded lower and MUX fell -6.75%, indicating broader basic materials weakness but no clear, synchronized upside tied to this specific news.

Historical Context

5 past events · Latest: Apr 23 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 23	Q1 operations update	Positive	-0.7%	Reported strong Q1 Florida Canyon output and cash after a $61M financing.
Apr 14	Drill results update	Positive	+2.6%	Released broad near‑mine oxide gold intercepts supporting growth and mine life.
Apr 09	Drill program launch	Positive	+3.1%	Announced 50,000‑meter 2026 drill campaign across Florida Canyon, DeLamar, Nevada North.
Mar 30	Equity incentives	Neutral	+0.4%	Granted stock options, RSUs, and DSUs under the equity incentive plan.
Mar 24	Earnings release	Positive	+0.0%	Reported strong FY 2025 production, record adjusted earnings, and solid cash.

Pattern Detected

Operational and development updates have often been met with modest or mixed immediate price reactions, with some positive drill/development news aligning with gains and production/financial strength sometimes seeing muted or negative follow-through.

Recent Company History

Over recent months, Integra highlighted operational strength and growth at Florida Canyon and its broader portfolio. On Mar 24, full-year 2025 results showed $243.9M revenue and 70,927 oz gold, yet shares were flat. A large 50,000‑meter 2026 drill program across Florida Canyon, DeLamar, and Nevada North on Apr 9 and strong near‑mine drill results on Apr 14 both saw positive reactions. Q1 2026 production and a stronger balance sheet on Apr 23 coincided with a small decline, underscoring uneven short‑term responses to fundamentally constructive news.

Market Pulse Summary

This announcement marks a key permitting step for Integra as it advances Nevada North. Final approva...

Analysis

This announcement marks a key permitting step for Integra as it advances Nevada North. Final approval of the Wildcat Exploration Plan of Operations, together with a NEPA Decision Record and FONSI, supports progression beyond the 2023 Preliminary Economic Assessment toward a Pre‑Feasibility Study targeted for H2 2027. The project’s location about 26 miles from Florida Canyon highlights potential operational synergies. In context of recent drilling and development updates, investors may focus on future technical results, remaining permits, and execution of the multi‑asset growth plan.

Key Terms

national environmental policy act, exploration plan of operations, reclamation permit, finding of no significant impact, +4 more

8 terms

national environmental policy act regulatory

"it has received the National Environmental Policy Act ("NEPA") Decision Record"

A U.S. law that requires federal agencies to evaluate and disclose the likely environmental effects of major projects and decisions before they proceed. For investors, that review can delay approvals, add compliance costs, or change project plans—like a required safety inspection that can uncover problems or require fixes before construction continues—so NEPA processes are a key source of timing, cost and legal risk for projects involving federal permits or funding.

exploration plan of operations regulatory

"approving its Exploration Plan of Operations (the "EPO") for the Wildcat deposit"

A documented roadmap for planned subsurface discovery work that lays out what areas will be tested, how teams will operate, what equipment and methods will be used, expected timelines, safety and environmental controls, and estimated costs. Like a travel itinerary for a field expedition, it matters to investors because it shows how serious and organized the effort is, reveals likely spending and regulatory hurdles, and helps estimate the chances and timing of any economic discovery.

reclamation permit regulatory

"The Reclamation Permit, granted by the Nevada Division of Environmental Protection's Bureau"

A reclamation permit is an official authorization that allows and often requires a company to restore land or water areas after industrial use, such as mining, construction, or waste disposal. For investors, it matters because obtaining and complying with the permit can add predictable costs, timelines and legal obligations—like a required repair plan after damage—affecting project budgets, liabilities and the ability to begin or continue operations.

finding of no significant impact regulatory

"authorizes the Final Environmental Assessment and the associated Finding of No Significant Impact"

A finding of no significant impact is a formal government determination that a proposed project or action is unlikely to cause meaningful environmental harm, so a full, lengthy environmental study is unnecessary. For investors, it reduces regulatory risk and shortens approval timelines—like getting a quick green light instead of being sent back for a full inspection—affecting the likelihood and timing of permits, costs, and expected cash flows.

preliminary economic assessment technical

"advance Nevada North from the 2023 Preliminary Economic Assessment ("PEA") stage"

A preliminary economic assessment is an initial analysis that estimates the potential profitability and feasibility of a project or resource, such as a new mineral deposit or development venture. It provides a rough idea of costs, benefits, and risks, helping investors decide whether to pursue more detailed studies. This early evaluation is important because it offers a snapshot of whether the project is worth further investment and development.

pre-feasibility study technical

"toward a Pre-Feasibility Study ("PFS"), targeted for completion in H2 2027"

A pre-feasibility study is an initial assessment that evaluates whether a proposed project or investment idea is worth exploring further. It involves examining basic factors like costs, potential benefits, and possible challenges, similar to conducting a preliminary check before deciding to invest more time and resources. This helps investors determine if pursuing the project further is practical and likely to be successful.

heap leach technical

"outlined the potential for a scalable, open-pit, heap leach gold operation"

Heap leach is a mining method where crushed ore is piled into a heap and a liquid is dripped or sprayed over it to dissolve valuable metals, which are then collected from the runoff. Investors care because it is a lower-cost, scalable way to produce metals like gold or copper, but it also affects project timelines, recovery rates, capital needs and environmental or regulatory risk — like choosing a cheap, slow way to extract juice from a fruit versus pressing it quickly.

bureau of land management regulatory

"submitted by the United States Department of the Interior Bureau of Land Management"

A federal agency that acts like the landlord for large swaths of public land, overseeing uses such as mining, energy development, grazing, recreation and conservation. Its decisions on permits, leases, access and restrictions directly affect the timeline, cost and legal risk of projects that depend on public land, so investors watch its actions for signals about future revenue, permitting delays or regulatory limits on resource-based businesses.

AI-generated analysis. Not financial advice.

TSXV: ITR; NYSE American: ITRG
www.integraresources.com

VANCOUVER, BC, April 29, 2026 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that it has received the National Environmental Policy Act ("NEPA") Decision Record and Reclamation Permit approving its Exploration Plan of Operations (the "EPO") for the Wildcat deposit ("Wildcat" or the "Wildcat Deposit") located in Pershing County, Nevada. This approval represents a significant permitting milestone for this component of the Company's Nevada North Project ("Nevada North" or the "Project"), which includes both the Wildcat and Mountain View gold deposits, situated approximately 26 miles west of the Company's producing Florida Canyon Mine ("Florida Canyon").

The NEPA Decision Record, submitted by the United States Department of the Interior Bureau of Land Management (the "BLM") Humboldt River Field Office, authorizes the Final Environmental Assessment and the associated Finding of No Significant Impact (the "FONSI") for the Wildcat Deposit. The Reclamation Permit, granted by the Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation (the "BMRR"), authorizes expanded exploration and development activities at Wildcat under a comprehensive EPO and establishes appropriate financial assurance based on an agency-reviewed reclamation cost estimate. This milestone follows the previously announced approval of an EPO for the Mountain View deposit earlier this year, further demonstrating continued permitting advancement across the broader Nevada North Project portfolio.

Highlights:

• Major Permitting Milestone: Approval of the Wildcat EPO marks a significant step forward in advancing Nevada North toward development.
• Expanded Operational Flexibility: The EPO allows for a significant increase in the scale and flexibility of permitted exploration disturbance, enabling more efficient and comprehensive exploration and site activities compared to prior, more limited exploration authorizations.
• Advancing Toward PFS and Advanced Permitting: Work is underway to advance Nevada North from the 2023 Preliminary Economic Assessment ("PEA") stage toward a Pre-Feasibility Study ("PFS"), targeted for completion in H2 2027.
• Strategic Location: Nevada North is located approximately 26 miles west of the Florida Canyon Mine, highlighting potential future operational synergies and regional consolidation opportunities.
• Supportive United States ("U.S.") Regulatory Environment: The approval underscores continued progress within a constructive permitting framework in Nevada, one of the world's leading mining jurisdictions.

George Salamis, President, Chief Executive Officer and Director of Integra, commented:

"The approval of the Exploration Plan of Operations for Wildcat is a pivotal milestone for Integra and a strong endorsement of the quality and potential of our Nevada North Project. Alongside the previously permitted Mountain View deposit, this achievement reflects meaningful and sustained permitting progress in a highly supportive jurisdiction. The Project's proximity to our Florida Canyon operation further reinforces the strategic importance of Nevada North within our growing U.S. portfolio. This approval significantly enhances our ability to execute larger-scale, more efficient exploration and development programs at Wildcat as we advance Nevada North toward the next stage of technical and economic evaluation. With work now underway to progress from the 2023 PEA to a PFS, we are well positioned to continue unlocking value from this emerging gold district.

Importantly, Florida Canyon delivers consistent gold production and cash flow, enabling us to internally fund advancement across our broader portfolio. This includes continued permitting and technical progress at both the DeLamar Project and Nevada North, reinforcing our strategy of building a scalable, multi-asset gold platform in the U.S."

Nevada North Project Advancement

The Nevada North Project, comprised of the Wildcat and Mountain View deposits, represents a key growth pillar for Integra in Nevada. The Project was the subject of a PEA completed in 2023, which outlined the potential for a scalable, open-pit, heap leach gold operation.

View the Nevada North 2023 PEA here:

https://wp-integraresources-2024.s3.ca-central-1.amazonaws.com/media/2024/10/43-101_wildcat_and_mountain_view_vf_sm.pdf

View the Nevada North location map here:

https://wp-integraresources-2024.s3.ca-central-1.amazonaws.com/media/2026/04/WC-NR-Fig-EPO-Boundary-2026-04-27.pdf

Integra is currently advancing technical studies and baseline work to support a PFS, with completion targeted for the second half of 2027. The PFS is expected to incorporate updated resource models, optimized mine planning, and enhanced Project economics.

With the successful transition to gold production with the acquisition of the Florida Canyon Mine, Integra has established a strong, internally funded growth platform. Cash flow generated from the Florida Canyon Mine is being reinvested into the advancement of the Company's key development assets, including the DeLamar Project in Idaho and the Nevada North Project, supporting ongoing technical studies, drilling, and permitting initiatives. This self-funded model is expected to continue underpinning Integra's strategy of advancing multiple high-quality projects within the Great Basin.

About the Wildcat Exploration Plan of Operations

The approved EPO and Reclamation Permit provide a comprehensive framework for exploration and site activities at Wildcat, including the construction of drill roads and pads and the execution of expanded drilling programs. The Reclamation Permit includes an initial phase of disturbance, with provisions for additional phased expansion subject to bonding and regulatory requirements. Forthcoming modifications to the EPO will facilitate more in-depth hydrogeologic and other field studies that will build on preliminary data collected under notice-level authorization.

This expanded authorization represents a meaningful evolution from earlier, more limited exploration permits and is expected to materially improve the Company's ability to advance the Project efficiently.

About Integra Resources Corp.

Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. Integra creates sustainable value for shareholders, stakeholders, and local communities through successful mining operations, efficient project development, disciplined capital allocation, and strategic M&A, while upholding the highest industry standards for environmental, social, and governance practices.

ON BEHALF OF THE BOARD OF DIRECTORS

George Salamis
President, CEO and Director

CONTACT INFORMATION
Corporate Inquiries: ir@integraresources.com
Company website: www.integraresources.com
Office phone: 1 (604) 416-0576

Qualified Person 

The scientific and technical information contained in this news release has been reviewed and approved by James Frost, P.Eng., Director, Technical Services of Integra, who is a "Qualified Person" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

Forward Looking 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 in applicable United States securities law (referred to herein as forward‐looking statements). 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. Except for statements of historical fact, certain information contained herein constitutes forward‐looking statements which includes, but is not limited to, statements with respect to: the receipt, maintenance and benefits of permits and approvals, including the EPO and Reclamation Permit; the anticipated scope and timing of exploration, development and reclamation activities; the expected timing of a PFS for Nevada North, the Company's plans, objectives and expectations in respect of its projects; and the future financial or operating performance of the Company.

Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such statement was made. Assumptions and factors include: the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the Company's mineral properties including absence of any equipment or infrastructure failures; no unforeseen operational delays; no material delays in obtaining necessary permits; results of independent engineer technical reviews; the possibility of cost overruns and unanticipated costs and expenses; the price of gold remaining at levels that continue to render the Company's mineral properties economic; the Company's ability to continue raising necessary capital to finance operations; and the ability to realize on the mineral resource and reserve estimates. Forward‐looking statements 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. These risks and uncertainties include, but are not limited to: general business, economic and competitive uncertainties; the actual results of current and future exploration activities; conclusions of economic evaluations; meeting various expected cost estimates; benefits of certain technology usage; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks related to local communities; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); title to properties; and other factors beyond the Company's control and as well as those factors included herein and elsewhere in the Company's public disclosure. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Readers are advised to study and consider risk factors disclosed in Integra's Annual Information Form dated March 24, 2026 for the fiscal year ended December 31, 2025, 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.

Investors are cautioned not to put undue reliance on forward-looking statements.  The forward-looking statements contained herein are made as of the date of this news release and, accordingly, are subject to change after such date.  The Company disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.  Investors are urged to read the Company's filings with Canadian securities regulatory agencies, which can be viewed online under the Company's profile on SEDAR+ at www.sedarplus.ca.

Cautionary Note for U.S. Investors Concerning Mineral Resources and Reserves

NI 43-101 is a rule of the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Technical disclosure contained in this news release has been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification System. These standards differ from the requirements of the U.S. Securities and Exchange Commission ("SEC") and resource and reserve information contained in this news release may not be comparable to similar information disclosed by domestic United States companies subject to the SEC's reporting and disclosure requirements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/integra-receives-final-approval-of-exploration-plan-of-operations-for-the-wildcat-deposit-advancing-nevada-north-project-toward-pre-feasibility-study-302757460.html

SOURCE Integra Resources Corp.

FAQ

What did Integra announce about the Wildcat EPO for Nevada North (ITRG) on April 29, 2026?

The company announced final NEPA and Nevada reclamation permit approvals for the Wildcat Exploration Plan of Operations. According to the company, the approvals authorize expanded exploration activity and set agency-reviewed reclamation financial assurance.

How does the Wildcat EPO approval affect Integra's timeline to a Pre-Feasibility Study (PFS)?

The approval advances preparatory work needed for a PFS targeted for H2 2027. According to the company, ongoing technical studies, updated resource models, and optimized mine planning will feed into the PFS effort.

Will the Wildcat EPO change Integra's exploration operations at Nevada North (ITRG)?

Yes. The EPO allows a significant increase in the scale and flexibility of permitted exploration disturbance. According to the company, this enables more efficient, comprehensive drilling and site activities versus prior limited authorizations.

How is Integra funding advancement of Nevada North and other projects after the Wildcat approval?

Integra is reinvesting cash flow from its producing Florida Canyon Mine to fund technical studies, drilling, permitting, and advancement of Nevada North. According to the company, Florida Canyon provides internal funding for portfolio growth.

Does the Wildcat permit impose any financial obligations on Integra (ITRG)?

Yes. The reclamation permit establishes financial assurance based on an agency-reviewed reclamation cost estimate. According to the company, this financial assurance is required to cover reclamation obligations under the EPO.