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Integra Resources Corp V.ITR

Alternate Symbol(s):  ITRG | V.ITR.WT

Integra Resources Corp. is a precious metals producer in the Great Basin of the Western United States. Its principal operating asset is the Florida Canyon Mine, located in Nevada. In addition, it is engaged in advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho and the Nevada North Project located in western Nevada. The Florida Canyon Mine is located about 125 miles east of Reno Nevada, and immediately south of Interstate 80. The mine produces gold by conventional hard rock open pit mining with processing by two-stage crushing and Run of Mine (ROM) heap leaching. The DeLamar Project is a gold and silver mining development project located in Owyhee County in southwest Idaho. The Nevada North Project includes the Wildcat and Mountain View deposits in northwestern Nevada. The Wildcat Deposit is a resource stage gold-silver deposit. The Mountain View Deposit is located within the Deephole mining district in Nevada.


TSXV:ITR - Post by User

Comment by andre171on Nov 18, 2021 9:19am
79 Views
Post# 34140014

RE:Updates

RE:Updates
frances1 wrote: update coming shortly with hopefully 200k ounces of production per year - gold at $1550


It seems realistic to me that you expect an annual production forecast of 200,000 ounces. Me, I hope 200,000 for at least 12 years since the PEA of 2019 the PEA took back 124,000 ounces AuEq for 10 years and the management mentioned + 50% production for a longer period. While it is often the reverse, the PFS should be better than the PEA and it does not seem unrealistic to me to hope for a NPV @ 5% of the order of 750M for gold at 1600 $ and the silver at $ 20, a 40% increase that I would love. What do you think ?
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