Integra Resources Corp. (NYSE: ITRG)

Integra Resources Corp is a growing precious metals producer focused on gold mining mine development and mineral exploration activities in the Great Basin of the Western United States. The company operates the producing Florida Canyon Mine located in Imlay Nevada. In addition Integra advances two development stage heap leach projects the past producing DeLamar Project in southwestern Idaho and the Nevada North Project in western Nevada. The firm also holds a portfolio of highly prospective early stage exploration projects in Idaho Nevada and Arizona. Integra’s long term vision is to become a leading United States focused mid tier gold and silver producer. The company is incorporated under the Business Corporations Act of British Columbia and maintains its head office at 1050 400 Burrard Street Vancouver BC V6C 3A6. As of March 26 2025 the senior executives include Anna Ladd Kruger as Chair of the Board George Salamis as President Chief Executive Officer and Director Andrée St Germain as Chief Financial Officer Clifford Lafleur as Chief Operating Officer and directors Timo Jauristo C L Butch Otter Carolyn Clark Loder Eric Tremblay Janet Yang and Ian Atkinson.

Integra generates revenue primarily from the sale of gold and silver produced at its Florida Canyon Mine. For the year ended December 31 2024 the mine produced approximately 72 229 ounces of gold and sold approximately 72 089 ounces. The average realized price per ounce of gold sold was about two thousand six hundred forty three dollars. The cash cost per ounce of gold sold was roughly one thousand eight hundred eighty four dollars. The mine is a low grade heap leach operation that yields doré bars which are sold to metal refiners and traders.

Integra Resources Corp positions itself as a growing precious metals producer with a mix of producing and development assets in the Great Basin region. The company’s flagship producing asset the Florida Canyon Mine provides cash flow while the DeLamar and Nevada North projects offer future production potential. Integra benefits from strategic partnerships such as the royalty agreement with Wheaton Precious Metals and a credit facility with Beedie Investments Ltd. The Wheaton transaction granted Wheaton a 1.5 percent net smelter returns royalty on metal production from the DeLamar and Florida Mountain deposits for an aggregate cash consideration of nine point eight million dollars received in two installments during 2024. The Beedie credit facility provides up to twenty million dollars of convertible debt with a second advance of five million dollars drawn in November 2024. Integra’s shares are listed on the TSX Venture and the NYSE American providing access to North American capital markets under the ticker symbols ITR and ITRG respectively. The company competes with other mid tier gold producers that focus on heap leach operations and exploration in the western United States. Its competitive advantages include a low cost operating mine a pipeline of development projects and an experienced management team with deep knowledge of the Great Basin geology.

Integra’s revenue comes from the sale of gold and silver to metal refiners and traders.