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.

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Integra Resources Corp > Takeover of Florida Canyon

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Comment by andre171on Aug 06, 2024 9:46am

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Post# 36165725

RE:RE:RE:RE:RE:RE:RE:RE:RE:Takeover of Florida Canyon

Lifexprt wrote: ITR now has over $1B of development assets, potential low cost 200k oz production profile in few years and current cash flow to get those assets to construction decision without need for additional dilution.

It's a win win merger although info agree FC was sold cheap, hoping ITR will rerate higher once initial reaction period passes.

ITR's share price is already down 22% since the announcement of the Florida Canyon takeover. FCGI shareholders in particular must be happy!

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