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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Technical Study

Integra Resources files FS technical report for DeLamar

By The Northwire Desk — AI Analysis Feb 02, 2026 · 20:17 ITR · 4.89 Integra Resources Corp.
ITR · Price

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.
Read the original news release →

More from Integra Resources Corp.

Nov 11, 2026 · 17:54

Integra cut output by 17% just 20 days after management publicly reaffirmed the production guidance.

Earnings Oct 22, 2026 · 16:05

Integra’s third-quarter gold output rose 8% sequentially but fell 15% year-over-year, requiring a record fourth quarter to meet its annual guidance targets.

Production / Operations Oct 13, 2026 · 06:30

Integra’s DeLamar project remains on track for a 2027 final investment decision despite elevated costs and steady production progress.

Financings Sep 23, 2026 · 06:30

Integra reports best inter-pit grades to date, though near-mine drill results do not significantly impact the project’s net asset value.

Drill Results Aug 11, 2026 · 17:24

Integra’s Florida Canyon gold production rose 30% while cash-cost guidance increased 21% due to higher mining expenses and inflation.

Earnings Jul 30, 2026 · 16:30

Integra’s Florida Canyon filing confirms extended mine life and $0.8 billion free cash flow, though 2026 cost overhang persists.

Technical Study