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Integra Resources Corp V.ITR

Alternate Symbol(s):  ITRG | V.ITR.W

Integra Resources Corp. is a Canada-based precious metals exploration and development company. The Company is focused on advancing its three flagship oxide heap leach projects: the DeLamar Project, Wildcat Project and Mountain View Projects. The DeLamar project is located in southwestern Idaho approximately 160 kilometers (km) from Boise, and covers approximately 21,431 acres in southwestern Idaho. The Wildcat Property is located within the Farrell mining district in Nevada, located over 56 km north of the town of Lovelock within Pershing County, and covers over 17,600 acres. The Mountain View Property is located within the Deephole mining district in Nevada, located 24 km north of the town of Gerlach within Washoe County. The Company holds Rich Gulch claims, which are located adjacent to the Florida Mountain Deposit at the DeLamar project. It also holds a portfolio of highly prospective early-stage exploration projects in Idaho, Nevada, and Arizona.


TSXV:ITR - Post by User

Post by andre171on Jan 11, 2023 8:50am
231 Views
Post# 35215311

Drilling results DeLamar stockpile

Drilling results DeLamar stockpile
What do you think of the drilling results published yesterday?
For me, these "DeLamar stockpile" results remain encouraging but a little less good than those published in December. For all 36 holes, the average gold grade is decreasing (0.184 g/t) and that for silver is stable (6.77 g/t). However, the recovery is much better for gold than for silver. In his video yesterday, G.Salamis invites us to do the math ourselves, but is careful not to give us his own quantified evaluation of the operation that is planned. For my part, based on the current prices of gold and silver, I assume an undiscounted pre-tax cash flow of 305M Cad. I would carefully consider your own assessment.
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