Integra's DeLamar included in U.S. FAST-41 program

Executive Summary

• Integra Resources Corp. has selected its DeLamar heap-leach project in Idaho for the U.S. Federal Permitting Improvement Steering Council (FAST-41) transparency program, enhancing regulatory oversight and timeline predictability.
• The inclusion in the FAST-41 program anticipates a Record of Decision (ROD) in Q3 2027, following an efficient 15-month National Environmental Policy Act (NEPA) review process managed by the U.S. Bureau of Land Management (BLM).
• The release references the recently completed 2025 Feasibility Study (FS), which outlines robust economics for the project, including a 10-year mine life and significant internal rate of return metrics.

Key Details

• FAST-41 Program Benefits:
  • Enhanced visibility and predictability via project-specific timetables for federal environmental reviews.
  • Designation of a dedicated project adviser from the permitting council to monitor advancement and coordinate across federal agencies.
  • Increased accountability through quarterly reports to Congress on agency compliance.
• Permitting Timeline:
  • Federal permitting dashboard posted on Jan. 13, 2026.
  • Anticipated Record of Decision (ROD) publication in Q3 2027.
  • Total NEPA review period estimated at 15 months.
• 2025 Feasibility Study (FS) Economics:
  • Production Profile: 1.1 million ounces of gold equivalent (AuEq) over a 10-year operating mine life plus two years of residual leaching.
  • Annual Output: Average of 106,000 ounces AuEq per annum.
  • Costs: Co-product mine-site all-in sustaining cost of $1,480 per ounce AuEq.
  • Base Case Valuation (Gold $3,000/oz, Silver $35/oz):
    • After-tax NPV (5% discount): $774 million.
    • After-tax IRR: 46%.
  • Recent Price Valuation (Gold $4,250/oz, Silver $60/oz):
    • After-tax NPV (5% discount): $1.7 billion.
    • After-tax IRR: 89%.
• Technical Report Filing: The FS technical report is scheduled to be filed on SEDAR+ and EDGAR by Feb. 2, 2026.
• Project Location: Owyhee County, southwestern Idaho, comprising the DeLamar and Florida Mountain gold and silver deposits.

Notable Quotes

• "DeLamar is Integra's flagship gold-silver development asset and a high-quality growth opportunity in a Tier 1 jurisdiction. The project's inclusion on the federal permitting dashboard represents a meaningful milestone in DeLamar's advancement." — George Salamis, President, CEO, and Director