Integra Resources files FS technical report for DeLamar

Executive Summary

• Integra Resources Corp. has filed a National Instrument 43-101 compliant Feasibility Study (FS) technical report for its wholly owned DeLamar gold and silver heap leach project in southwestern Idaho.
• The FS confirms robust economics for a low-cost, large-scale, conventional open-pit oxide heap leach operation, projecting 1.1 million ounces of gold equivalent (AuEq) over a 10-year mine life plus two years of residual leaching.
• The project demonstrates strong financial metrics, including an after-tax NPV of $774 million (at 5% discount rate) and an IRR of 46% at base-case metal prices, with significant upside to $1.9 billion NPV and 97% IRR at recent higher metal prices.

Key Details

• Project Location: DeLamar and Florida Mountain deposits, Owyhee County, southwestern Idaho.
• Production Profile:
  • Total production: 1.1 million ounces AuEq.
  • Mine Life: 10 years of operation plus two years of residual leaching.
  • Average Annual Production: 106,000 ounces AuEq per annum.
• Cost Structure:
  • Co-product mine site All-In Sustaining Cost (AISC): $1,480 per ounce AuEq.
• Financial Metrics (Base Case):
  • Metal Prices: $3,000/oz Gold, $35/oz Silver.
  • After-tax NPV (5%): ~$774 million.
  • After-tax IRR: 46%.
• Financial Metrics (Recent Prices Scenario):
  • Metal Prices: $4,500/oz Gold, $65/oz Silver.
  • After-tax NPV (5%): ~$1.9 billion.
  • After-tax IRR: 97%.
• Technical Report Details:
  • Title: "Feasibility Study and Technical Report on the DeLamar Project, Owyhee County, Idaho, USA."
  • Effective Date: December 8, 2025.
  • Lead Author/Consultant: Forte Dynamics Inc.
  • Filing Platforms: SEDAR+ and EDGAR.
• Qualified Person: James Frost, PEng, Director, Technical Services, Integra Resources Corp.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.