Integra produces 20,653 oz Au at Florida Canyon in Q3

Executive Summary

• Integra Resources Corp. reported strong third-quarter 2025 gold production from its Florida Canyon mine, producing 20,653 ounces and selling 20,265 ounces, which aligns with company expectations.
• The company significantly increased its cash balance to approximately $81.2 million, marking its strongest financial position to date, driven by strong gold prices and operational cash flow.
• Capital was deployed for mine reinvestment, including capitalized stripping, leach pad expansion (Phase IIIb commissioning expected in Q4 2025), and a fleet revitalization program involving new heavy equipment to reduce rental costs and improve productivity.

Key Details

• Gold Production: Produced 20,653 ounces of gold and sold 20,265 ounces of gold during Q3 2025.
• Cash Position: Cash balance increased to US$81.2 million as of September 30, 2025.
• Production Drivers: Production supported by recovery of gold from Phase IIIa heap leach pad, residual ounces from Phases I and II, increased solution flow rates, and the new carbon-in-column circuit commissioned in late 2024.
• Guidance: Company expects to meet its full-year 2025 gold production guidance.
• Operational Challenges & Mitigation: Increased strip ratio due to capitalized waste stripping and ramping up new mining areas. Waste movement increased due to a provisional adjustment in mine sequence to address dust suppression issues caused by a temporary water shortage (resolved by replacing a problematic historic water well).
• Capital Projects:
  • Construction of Phase IIIb heap leach pad continued; commissioning expected in Q4 2025.
  • Mining fleet revitalization underway: Refurbishment of existing haul trucks and loaders.
  • New equipment orders placed: Eight new 150-ton Caterpillar haul trucks, one new Caterpillar loader, and one new Hitachi mining shovel.
  • Hitachi mining shovel arrived on site for assembly/commissioning in Q4 2025.
  • Delivery of new haul trucks commences in Q4 2025 and continues into Q1 2026.
• Strategic Impact: New and refurbished equipment expected to reduce reliance on expensive rentals, increase mining productivity, and lower mining cost per ton over the next several years.
• Financial Reporting: Full Q3 2025 financial results to be filed on SEDAR+ and EDGAR on November 12, 2025.
• Conference Call: Scheduled for November 13, 2025, at 11:00 a.m. ET / 8:00 a.m. PT.

Notable Quotes

• "Florida Canyon continues to deliver on expectations, generating meaningful cash flow to fund crucial reinvestment into the mine, while also supporting the company's broader growth strategy." — George Salamis, President, CEO and Director
• "Excellent production results from Florida Canyon combined with the strong gold price environment have allowed Integra to significantly increase its quarter-over-quarter cash balance to approximately $81-million, marking the company's strongest ever financial position." — George Salamis, President, CEO and Director