Vancouver, British Columbia – Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the DeLamar and Florida Mountain Deposits (together “DeLamar” or the “Project”) located in southwestern Idaho that incorporates the results from the highly successful stockpile drill program completed in April 2023. The stockpile drill program added a Measured and Indicated (“M&I”) resource of 504,000 ounces (“oz”) gold equivalent (“AuEq”)1 and an Inferred resource of 46,000 oz AuEq. The mineralized stockpile and backfill material that was incorporated into the updated DeLamar MRE demonstrates the potential for this material to significantly increase the heap leach mine life in future phases. The updated DeLamar MRE increased the total heap leachable oxide-and-mixed ounces within the M&I category by ~25% and increased the total Inferred ounces by ~31%. In total, ~90% of the updated MRE falls within the M&I category, highlighting the quality and scarcity of projects such as DeLamar in the prolific Great Basin mining district of the USA.
The Company will host a webinar on Tuesday, September 26, 2023 at 8:00am PST/11:00am EST featuring a presentation from Integra’s President, CEO and Director, Jason Kosec. Register for the webinar below:
https://us02web.zoom.us/webinar/register/WN_56i1voqFQI2TEjjNQnJ31g
Highlights:
Including the 2023 DeLamar MRE, Integra now controls a total M&I resource of 6.2 million ounces (“Moz”) AuEq and a total Inferred resource of 0.9Moz AuEq across its key projects located in Idaho and Nevada, representing one of the largest resource endowments in the Great Basin of the USA not controlled by a major mining company2.
Stockpile & Backfill Resource Update:
The maiden stockpile resource estimate contains a M&I resource of 504 thousand ounces (“koz”) AuEq at 0.37 grams per tonne (“g/t”) AuEq, including 296koz gold (“Au”) and 16.1Moz silver (“Ag”) and an Inferred resource of 46koz AuEq at 0.30 g/t AuEq, including 26koz Au and 1.5Moz Ag.
The Company allocated a total of ~US$4.6 million toward the stockpile drill program which successfully resulted in the addition of >500kozs AuEq (M&I), representing the lowest discovery cost per ounce in the history of DeLamar.
see & read more on
https://integraresources.com/news/2023/integra-announces-updated-mineral-resource-estimate-at-delamar-including-the-addition-of-500-000-ounces-aueq-m-i-through/ |
