Integra Resources Achieves Record Mining Rates and Significant Gold Production Growth in Florida Canyon

Integra Resources Reports Impressive Operational Success at Florida Canyon

Integra Resources Corp. has announced an exciting operational update for the Florida Canyon Mine, detailing impressive growth and enhancements in mining performance for the second quarter of 2026. The company has reported an increase in gold production, achieving a total of 16,379 ounces, emblematic of a 30% increase compared to the first quarter. This surge in production is attributed to several key operational successes, including notable increases in the total movement of material, ore mined, and ore placed on heap leach pads.

The latest figures indicate that output has been supported by a 47% rise in ore mined and a 45% rise in ore transported to heap leach pads from the previous quarter. With an annual production guidance of 70,000 to 75,000 ounces, the company anticipates maintaining this momentum as they approach the third and fourth quarters of the year, facilitating further increases in production.

Driving Growth Through Operational Strategies

Integra's operational excellence is underscored by record mining rates achieved during the past quarter, averaging 87,867 total tonnes per day, signifying a historic high for the Florida Canyon site. These mining advancements were made possible through the successful integration of new mining equipment, which has significantly enhanced mining efficiency. The strategic movement towards improved operational methodologies, particularly the N2 ore blending strategy, has been instrumental in optimizing the leaching process, thereby enhancing gold recovery rates.

President and CEO George Salamis remarked on the positive trajectory of the Florida Canyon operation, indicating that the substantial increase in ore placed on heap leach pads has established a solid inventory of recoverable gold for the upcoming quarters. The commitment to operational improvements paired with an evolving ore stacking strategy positions the company to exceed its previous forecasts for both production and financial performance.

Integra's revised Feasibility Study and Life of Mine Plan showcases a 74% increase in Proven and Probable Mineral Reserves and anticipates $0.8 billion in after-tax free cash flow over the next eight years. These advancements reinforce Integra's stature as a growing player in the gold mining sector, particularly within the Great Basin region of the Western United States.

Strategic Vision for Future Success

Looking forward, Integra Resources remains committed to sustaining the operational success witnessed at Florida Canyon, with plans to enhance annual production, reduce operational costs, and generate stable cash flows. As part of their long-term vision, the company is also focused on advancing its flagship projects, including the DeLamar Project in Idaho and the Nevada North Project in Nevada.

In light of these developments, Integra plans to release its second quarter 2026 financial results on August 11, 2026, with a follow-up conference call scheduled for August 12, where management will discuss these results in more detail and offer insights into future endeavors.

As Integra navigates the progress from 2026 and beyond, it remains devoted to delivering sustainable value to all stakeholders by maintaining high standards in operational excellence while pursuing further growth opportunities in the burgeoning gold sector. Stakeholders are encouraged to remain engaged and informed as the company continues to innovate and adapt in a dynamic marketplace, with expectations of continued success and growth on the horizon.