#United States #Nevada #Integra Resources #Technical Report #Florida Canyon Mine

Integra Resources Releases Feasibility Study on Florida Canyon Mine

Integra Resources Corp., a prominent player in the precious metals sector, has made a significant announcement regarding its Florida Canyon Mine located in Pershing County, Nevada. On July 30, 2026, the company reported the completion of a feasibility study and an updated life of mine plan, signaling a positive outlook for its operations. This Technical Report, filed in accordance with National Instrument 43-101 standards, was authored by Global Resource Engineering Ltd. and is now publicly accessible.

Significant Findings from the Technical Report

The recently completed Technical Report is rooted in nearly two years of operational experience along with a comprehensive review of the mine's historical performance and cost structure. These insights have substantially bolstered the mine's operational framework, leading to a more stable and predictable initial plan for execution.

Key highlights from the report include:

• - Mineral Reserves: A noteworthy 74% increase in Proven and Probable Mineral Reserves has been observed, now totaling approximately 1.19 million ounces of gold.
• - Operating Life: The mine is expected to have an operational lifespan of eight years.
• - Annual Gold Production: A 17% increase in average annual gold production is anticipated, reaching about 82,000 ounces during active mining phases, excluding the two years of residual leaching beginning in 2033.

Furthermore, projections outlined in the report indicate approximately 685,000 ounces of gold available for sale throughout the mine’s operational life, with an estimated after-tax free cash flow of approximately $0.8 billion. The base case after-tax net present value (NPV) at a 5% discount rate is calculated at $601 million.

Cost Efficiency and Sustainability

The updated life of mine plan is expected to average site-level all-in sustaining costs (AISC) of around $2,331 per ounce. These costs reflect a larger and more sustainable operation, characterized by increased annual yields and lower long-term operational expenses. The report emphasizes that this improved mine plan is projected to generate substantial cash flows, further facilitating the advancement of Integra’s other notable projects located in Idaho and Nevada.

Commitment to Stakeholders and Environment

Integra Resources Corp. emphasizes its commitment to operational excellence and sustainability. With the progress reflected in this feasibility study, the company aims to create lasting value not only for its shareholders but also for the surrounding communities and stakeholders. The integration of high industry standards for environmental, social, and governance practices is paramount in their operational strategy.

This Technical Report is a testimony to Integra’s dedication to navigating the complexities of the mining sector while promoting responsible practices. The emphasis on improved efficiencies and enhanced production capacities illustrates the company's proactive approach to maximizing the potential of its projects.

Future Outlook

Looking ahead, Integra Resources remains focused on its objective to enhance profitability and operational success at the Florida Canyon Mine. The insights garnered from this report will provide a solid foundation for the company’s future endeavors, particularly as they continue to refine their approach to mineral exploration and development.

For more details, stakeholders can access the complete Technical Report on Integra's official website. The company's strategic direction is expected to lead to increased operational stability and economic growth, advancing Integra's position as a leading precious metals producer in the region.