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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

Post by andre171on Jan 11, 2023 8:50am
271 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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