INTEGRA ANNOUNCES STRATEGIC LAND ACQUISITION ADJACENT TO DELAMAR PROJECT
Integra Consolidates DeLamar Footprint as Aggressive Feasibility Economics Hinge on Elevated Gold Floor

On February 17, 2026, Integra Resources announced the acquisition of a 6,600-acre ranch contiguous to its flagship DeLamar Project in Idaho for US$12.5 million. The acquisition includes deeded acres, a Bureau of Land Management (BLM) grazing permit, and two Idaho State grazing leases. This move follows the recent closing of a US$61 million financing on February 9, 2026. Management characterizes the purchase as a strategic de-risking step to increase operational flexibility, provide environmental mitigation options, and improve community alignment ahead of the anticipated construction phase.
- Operational Flexibility: High. Contiguous land ownership is critical for heap leach operations which require significant surface area for pads, waste rock storage, and buffer zones.
- Financial Impact: Moderate. While the US$12.5 million price tag represents roughly 20% of the company's recent US$61 million capital raise, it is a non-recurring capital expenditure that secures the project's perimeter.
- De-risking: Positive. Moving from "collaboration" to "ownership" within the local ranching community reduces the risk of nuisance lawsuits or surface rights disputes that frequently plague Western U.S. mining projects.
- Consistency with Projections: The company previously stated in its February 4 and February 9 financing news that proceeds would be used for "land purchase." This announcement confirms the successful execution of that specific objective.
Integra Resources is a precious metals developer and producer. Its flagship asset is the DeLamar Project in southwestern Idaho, a past-producing open-pit gold-silver mine. The company also operates the Florida Canyon Mine in Nevada, which it acquired in late 2024 to provide cash flow to fund development. - Flagship Project: DeLamar Project (Idaho). - Stage: Feasibility. - Economics (2026 FS): After-tax NPV5% of $774M and 46% IRR using a $3,000/oz gold base case. - Mine Life: 10 years at 106,000 oz AuEq/year.