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.
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.
Integra Resources Corp. (TSX-V:ITR; NYSE American: ITRG) reports high-grade drill results from War Eagle Mountain on the DeLamar Project, Idaho. Key findings include:
- Drill Hole IWE-20-014: 24.20 g/t Au and 655.06 g/t Ag over 7.62 m.
- Drill Hole IWE-20-016: 1.19 g/t Au and 11.65 g/t Ag over 30.63 m.
- Drill Hole IWE-20-017: 21.85 g/t Au and 76.39 g/t Ag over 1.52 m.
The drilling identified two parallel mineralized structures with over 500 m strike lengths, suggesting potential for further resource expansion.
Virtual Investor Conferences announced the availability of on-demand presentations from the Global Metals and Mining Virtual Investor Conference as of October 26, 2020. Presentations are accessible 24/7 for 90 days, allowing investors and analysts to download shareholder materials from virtual trade booths for three weeks. Keynote topics include the role of gold as a portfolio enhancer and predictions on gold prices affecting miners.
Integra Resources has reported significant high-grade gold and silver intercepts from its ongoing exploration at the Florida Mountain deposit, part of the DeLamar Project in Idaho. Key highlights include drill hole FME-20-080, which returned 11.75 g/t Au and 1,951.88 g/t Ag (36.87 g/t AuEq) over 1.68 m. The company has completed 1,500 m of a planned 7,000 m drill program, with 2,625 m remaining. Additionally, large geophysical anomalies have been identified, further enhancing exploration potential. Integra's metallurgical drilling aims to optimize recovery options and expand resources.
Integra Resources Corp. (TSX-V:ITR; NYSE American:ITRG) has successfully closed a bought deal financing, issuing 6,785,000 common shares at $3.40 each. This generated gross proceeds of $23,069,000. The offering included an over-allotment option that was fully exercised. Coeur Mining, Inc. increased its stake from 4.8% to 5.6% by purchasing 735,294 shares. Proceeds will fund exploration and pre-feasibility studies at the DeLamar Project, in addition to general working capital.