Integra Resources Corp V.ITR

Alternate Symbol(s): ITRG | V.ITR.WT

Metals & Mining Gold

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

Integra Resources Corp > Impact of inflation

<< Previous

Bullboard Posts

Next >>

Post by andre171on Apr 28, 2024 9:58am

245 Views

Post# 36011504

Impact of inflation

The PFS for DeLamar is only 2 years old (published March 2022) and the PEA for Wildcat and MV is only 10 months old (published June 2023). Therefore, I wonder if the impact of inflation on costs and capex is really significant because general inflation was 8% in 2022 and 4.1% in 2023? For me, its impact on NPVs is more than offset by the increase in the price of gold and silver (total NPV of US$1074M for gold at only $1900, or 24% below the current price) and even if the capex of 282M for DeLamar were to increase by 25%, this would leave a total NPV of over 1000M! What do you think ?

<< Previous

Bullboard Posts

Next >>

FE Battery Metals begins 2024 winter drill program