Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

INTEGRA ANNOUNCES RESULTS FROM NEAR-MINE OXIDE GOLD DRILLING AT FLORIDA CANYON, INCLUDING 138 METRES AT 0.32 G/T AU AND 128 METRES AT 0.36 G/T AU, HIGHLIGHTING NEAR-MINE GROWTH AND MINE LIFE EXTENSION POTENTIAL

Integra Resources Drilling Confirms Florida Canyon Growth, But Valuation Already Reflects DeLamar Feasibility

By The Northwire Desk — AI Analysis Apr 14, 2026 · 06:30 ITR · 4.19 Integra Resources Corp.
Executive Summary
  • Integra Resources announced positive drilling results from near-mine oxide gold exploration at the Florida Canyon Mine in Nevada.
  • Key intercepts include 138 metres at 0.32 g/t Au and 128 metres at 0.36 g/t Au, targeting historical dump material and inter-pit areas.
  • Approximately 67% of drill intercepts exceed the current mine cut-off grade of 0.11 g/t Au based on a $2,000/oz gold price assumption.
  • The drilling program is part of a larger 50,000-meter campaign launched in April 2026, with technical reports expected by Q3 2026.
  • Mineralization is amenable to heap leach processing and located within existing mine footprints to reduce capital requirements.
Material Impact
  • The news validates the drilling program announced on April 9, 2026, confirming that exploration efforts are yielding expected results.
  • Grades of 0.32–0.36 g/t Au are consistent with previous near-mine announcements (August and October 2025) rather than representing a new high-grade discovery.
  • While positive for mine life extension at Florida Canyon, the impact is incremental as the market has already priced in the DeLamar Feasibility Study and recent financing.
  • The announcement does not materially alter the investment thesis established by the February 2026 Feasibility Study or the $61.6M capital raise.
  • Risk of "sell on news" exists given the stock's correction from January highs ($6.38) to current levels, suggesting expectations were already met.
ITR · Price
Company Overview
  • Integra Resources Corp. operates as an intermediate gold producer focused on the Great Basin region of the USA.
  • Flagship Asset: Florida Canyon Mine (Nevada) - Producing heap-leach operation generating cash flow to fund growth.
  • Development Projects: DeLamar Project (Idaho) - Feasibility Study completed with 1.1M oz AuEq reserves; Nevada North (Nevada) - Pre-feasibility stage.
  • Strategy: Leverage existing infrastructure at Florida Canyon to accelerate development of DeLamar and Nevada North while maintaining capital discipline.
  • Management: Led by CEO George Salamis, with a seasoned executive team including COO Clifford Lafleur and VP Permitting Dale Kerner.
Read the original news release →

More from Integra Resources Corp.

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 Jul 23, 2026 · 16:05

Integra’s Florida Canyon mine saw production rise 30% quarter-on-quarter, though the full-year target requires a steep ramp-up in the second half.

Production / Operations