Welcome to our dedicated page for Integra Resource news (Ticker: ITRG), a resource for investors and traders seeking the latest updates and insights on Integra Resource stock.
Integra Resources Corp. reports operating, development and corporate updates as a precious metals producer in the Great Basin of the Western United States. The company’s recurring news centers on the Florida Canyon Mine in Nevada, development work at the past-producing DeLamar Project in southwestern Idaho, and the Nevada North Project in western Nevada, including the Wildcat and Mountain View gold deposits.
Company announcements also cover mine production updates, project permitting, technical studies, drilling, public offerings, balance-sheet matters, equity incentive awards and annual governance actions. Permitting news includes federal and reclamation approvals tied to exploration plans, while financing and capital-allocation updates describe how Integra funds mine optimization and development-stage heap leach projects.
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Integra Resources has announced positive drill results from its DeLamar Project in Idaho, highlighting consistent gold and silver grades. The extended stockpile drill program, which has now reached 11,300 meters and 289 drill holes, is aimed at confirming resources within an estimated 60 million tonnes of mineralized material. Significant intercepts include 0.26 g/t Au and 18.58 g/t Ag over 79.25 m, and 3.28 g/t Au and 17.68 g/t Ag over 13.72 m. The company plans to complete a resource estimate that incorporates these findings in Q2 2023. Increased metallurgical tests aim to include this material in future heap leach operations, enhancing project economics as outlined in the 2022 PFS.
Integra Resources Corp. (ITRG) announces additional results from its 11,000 m stockpile drill program at the DeLamar Project. The latest results from 20 drill holes indicate significant gold and silver grades, supporting confidence in the potential increase of heap leach mine life and the project's robust economics. Key results include JG-23-109, with 0.62 g/t Au and 9.54 g/t Ag over 76.20 m, and NDM-22-051, showing 0.32 g/t Au and 19.05 g/t Ag over 50.30 m. The total drilled to date is 10,164 m across 262 holes, with completion expected by April 2023. The company plans to update its resource estimate in Q2 2023.
Integra Resources Corp. (ITRG) has completed a bought deal private placement of 35 million subscription receipts at C$0.70 each, raising gross proceeds of C$24.5 million. A concurrent non-brokered placement with Wheaton Precious Metals Corp. brought in an additional C$10.5 million from 15 million subscription receipts. The proceeds will be used for funding an updated resource estimate and Mine Plan of Operations at the DeLamar Project, along with other corporate purposes. The funds are held in escrow and will be released upon satisfying Escrow Release Conditions before the Termination Date of June 9, 2023.
Integra Resources Corp. (ITRG) announced positive drill results from its DeLamar Project in Idaho, revealing significant gold and silver grades from multiple backfill and stockpile sites. Notable findings include:
- NDM-22-039: 0.27 g/t Au and 24.60 g/t Ag over 111.25 m
- JG-23-021: 0.61 g/t Au and 9.02 g/t Ag over 19.81 m
- WD2-22-141: 0.24 g/t Au and 24.59 g/t Ag over 42.68 m including 1.02 g/t Au over 1.53 m
The results confirm the viability of approximately 60 million tonnes of stockpiled material potentially extending the heap leach mine life and enhancing Project economics. The Company anticipates completing the drill program by April 2023.
Integra Resources Corp. (ITRG) has announced encouraging results from its ongoing stockpile drill program at the DeLamar Project, located in southwestern Idaho. The program has achieved grades exceeding expectations, with significant gold and silver intercepts reported. Key findings include:
- NDM-22-037: 0.25 g/t Au and 21.38 g/t Ag over 102.11m
- IDM-22-211: 0.41 g/t Au and 75.37 g/t Ag over 66.90m
The drilling aims to extend the heap leach mine life and enhance the project’s economics, supported by positive preliminary metallurgical test work.
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Integra Resources Corp. (ITRG) announced successful drill results from its DeLamar Project in Idaho, indicating significant gold and silver content in previously stockpiled mineralized material. Key findings include:
- NDM22-032: 0.31 g/t Au and 16.12 g/t Ag over 83.82 m
- NDM22-122: 0.27 g/t Au and 17.25 g/t Ag over 70.11 m
These results support the company's belief that this material could extend the mine life of its heap leach operation. Preliminary metallurgical work indicates recovery rates exceeding 70% for gold and silver.
Integra Resources Corp. (ITRG) announced promising drill results from its DeLamar Project in southwestern Idaho. Key findings from Florida Mountain include FME-21-138 with 0.59 g/t gold and 15.01 g/t silver over 108.81 meters, while results from BlackSheep reveal potential for multiple targets. The ongoing 11,000-meter drill program aims to explore oxidized and transitional gold-silver mineralization, potentially increasing resource estimates. The Company continues to emphasize the vast untapped potential of its projects, highlighting cost-effective exploration strategies.