Latest news with #IntegraResourcesCorp
Cision Canada
01-05-2025
- Business
- Cision Canada
INTEGRA ANNOUNCES INCLUSION IN THE SOLACTIVE GLOBAL SILVER MINERS TOTAL RETURN INDEX
VANCOUVER, BC, May 1, 2025 /CNW/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that the Company has been included in the Solactive Global Silver Miners Total Return Index, effective May 1, 2025. The primary exchange-traded fund ("ETF") that tracks the Solactive Global Silver Miners Total Return Index is the Global X Silver Miners ETF (NYSE Arca: SIL). George Salamis, President, CEO, and Director of Integra, commented: "We are pleased to have met the criteria for inclusion in the Solactive Global Silver Miners Total Return Index. This first index inclusion for Integra marks an important milestone for the Company, providing validation of our success in building a growing gold and silver producer focused in the Great Basin of the Western United States. We are confident that our inclusion in the Solactive Global Silver Miners Total Return Index will enhance Integra's capital markets profile, bolster trading liquidity, and help the Company appeal to a broader universe of institutional and retail investors." For more information on the Solactive Global Silver Miners Total Return Index, please visit: About Integra Resources Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to 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. Integra creates sustainable value for shareholders, stakeholders, and local communities through successful mining operations, efficient project development, disciplined capital allocation, and strategic M&A, while upholding the highest industry standards for environmental, social, and governance practices. ON BEHALF OF THE BOARD OF DIRECTORS George Salamis President, CEO and Director Company website: Forward Looking Statements Certain information set forth in this news release contains "forward‐looking statements" and "forward‐looking information" within the meaning of applicable Canadian securities legislation and in applicable United States securities law (referred to herein as forward‐looking statements). Except for statements of historical fact, certain information contained herein constitutes forward‐looking statements which includes, but is not limited to, statements with respect to: the potential benefits of the Company's inclusion in the Solactive Global Miners Total Return Index; the future financial or operating performance of the Company and the Wildcat and Mountain View deposits (the "Nevada North Project"), the Florida Mountain and DeLamar deposits (the "DeLamar Project") and the Florida Canyon mine (the "Florida Canyon Mine" and together with the Nevada North Project and the DeLamar Project, the "Projects"). Forward-looking statements are often identified by the use of words such as "may", "will", "could", "would", "anticipate", 'believe", "expect", "intend", "potential", "estimate", "budget", "scheduled", "plans", "planned", "forecasts", "goals" and similar expressions. Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such statement was made. Assumptions and factors include: expected synergies from acquisition of Florida Canyon; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the Projects; satisfying ongoing covenants under the Company's loan facilities; no unforeseen operational delays; no material delays in obtaining necessary permits; results of independent engineer technical reviews; the possibility of cost overruns and unanticipated costs and expenses; the price of gold remaining at levels that continue to render the Projects economic, as applicable; the Company's ability to continue raising necessary capital to finance operations; and the ability to realize on the mineral resource and reserve estimates. Forward‐looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward‐looking statements. These risks and uncertainties include, but are not limited to: general business, economic and competitive uncertainties; the actual results of current and future exploration activities; conclusions of economic evaluations; meeting various expected cost estimates; benefits of certain technology usage; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks related to local communities; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); title to properties; and other factors beyond the Company's control and as well as those factors included herein and elsewhere in the Company's public disclosure. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Readers are advised to study and consider risk factors disclosed in Integra's Annual Information Form dated March 26, 2025 for the fiscal year ended December 31, 2024, which is available on the SEDAR+ issuer profile for the Company at and available as Exhibit 99.1 to Integra's Form 40-F, which is available on the EDGAR profile for the Company at Investors are cautioned not to put undue reliance on forward-looking statements. The forward-looking statements contained herein are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. Investors are urged to read the Company's filings with Canadian securities regulatory agencies, which can be viewed online under the Company's profile on SEDAR+ at
Yahoo
26-04-2025
- Business
- Yahoo
Is Integra Resources Corp. (ITRG) the Best Precious Metals Stock to Buy According to Analysts?
We recently published a list of . In this article, we are going to take a look at where Integra Resources Corp. (NYSEAMERICAN:ITRG) stands against other best precious metals stocks to buy according to analysts. Gold prices set new records in early 2025, driven by growing interest in gold as a safe haven asset amid rising tariffs and trade wars between the United States and China. The precious metal exceeded $3,000/oz recently. Lately, gold is acting both as a hedge against inflation and a competitor to yield-earning assets like the US Treasurys. This has created what analysts call a 'smile profile,' where gold tends to go up whether US yields rise or fall. Natasha Kaneva, head of Global Commodities Strategy at J.P. Morgan, commented: 'We maintain our multi-year bullish outlook on gold. From a macro perspective, a universal tariff scenario would likely supercharge the broad price effects for precious metals. Boosted economic growth concerns and higher inflation risks could continue to fuel strong investor demand for gold.' Similarly, Jim Wyckoff, a senior analyst at Kitco Metals, said on April 15: 'Traders are waiting for the next major fundamental development to drive the gold market, but the charts remain bullish. There's still safe-haven demand.' In line with that, European private banking firm Commerzbank wrote in a note to investors: 'The rise in the gold price is also partly in line with the continuing weakness of the dollar, which points to a gradual erosion of the U.S. currency's status as a safe asset – gold is likely to be an alternative for many USD investors.' Goldman Sachs has lifted its gold price forecast from $3,300 to $3,700 per ounce by the end of 2025. This forecast is supported by higher central bank purchases and increased ETF inflows amid growing global economic uncertainty. President Trump's unpredictable trade policies are the basis for this market upheaval. While gold remains a haven in volatile times, it lacks income-generating potential and incurs storage costs. Still, mining stocks are also gaining appeal, with lower energy costs boosting profits. According to the Silver Institute, the silver market is moving towards its fifth consecutive year of a supply deficit in 2025, with demand exceeding supply again. Industrial use, especially in green tech, electric vehicles, and electronics, is driving much of this demand and is expected to reach a new record this year. Prices also rebounded in early 2025, partly due to growing uncertainty around President Trump's potential tariff policies, which have resulted in more short covering and deliveries of silver into CME warehouses. At the same time, ongoing global and economic concerns have helped push investors back toward safe-haven assets like silver. Still, silver investment has faced some challenges. Ongoing concerns about China's economy have held back demand, and the persistently high gold-to-silver ratio suggests that investors still favor gold. Overall, silver demand is expected to stay steady at around 1.2 billion ounces. While industrial and retail investment will rise, jewellery and silverware demand, especially in India, is expected to fall due to high local prices. For this article, we searched multiple credible websites to compile a large list of US-listed precious metals stocks. Next, we manually searched for the average upside potential of each stock and selected 13 stocks with the highest values. The list below is ranked in ascending order of the upside potential as of April 16. We have also mentioned the hedge fund sentiment as per Insider Monkey's database of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An aerial view of a vast mining project in a remote area of a landscape. Number of Hedge Fund Holders: 5 Average Upside Potential: 63.53% Integra Resources Corp. (NYSEAMERICAN:ITRG) is a Vancouver-based mining company exploring and developing gold and silver projects across the western US. The company has a number of early-stage exploration properties in Idaho, Nevada, and Arizona. ITRG is one of the best metal stocks to buy. Integra became a gold producer in November 2024 after acquiring Florida Canyon Gold. From then until year-end, the company produced nearly 11,000 ounces of gold, contributing to a record 72,229 ounces for the full year, which exceeded expectations. Integra Resources Corp. (NYSEAMERICAN:ITRG) posted $9.5 million in net income for Q4 and ended 2024 with $52.2 million in cash and $64.4 million in working capital, while spending $14.2 million on exploration projects. On March 27, H.C. Wainwright assigned a Buy rating to Integra Resources Corp. (NYSEAMERICAN:ITRG) and lifted the price target to $2.75 from $2. Analysts see Integra's pivot from being a gold developer to an actual producer, especially with cash flowing in from the Florida Canyon operation, as a major step forward. With over $50 million in cash and strong financials, analysts are optimistic about the company's strong growth potential. According to Insider Monkey's fourth quarter database, 5 hedge funds were bullish on Integra Resources Corp. (NYSEAMERICAN:ITRG), compared to 3 funds in the prior quarter. was the largest stakeholder of the company, with 15.7 million shares valued at $13.5 million. Overall, ITRG ranks 3rd on our list of best precious metals stocks to buy according to analysts. While we acknowledge the potential of precious metals stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ITRG but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
Is Integra Resources Corp. (ITRG) the Best Rising Penny Stock to Buy According to Analysts?
We recently published a list of the . In this article, we are going to take a look at where Integra Resources Corp. (NYSEAMERICAN:ITRG) stands against other best rising penny stocks to buy according to analysts. The start of 2025 was characterized by a series of challenges for the US equities across the board. Tariffs, inflationary concerns, the risk of recession, and loss of consumer confidence, all led to the small-cap Russell 2000 Index falling 9.5% and the large-cap Russell 1000 Index falling 4.5%. On April 1, Royce Investment released its fiscal first quarter outlook for small-cap stocks. Francis Gannon, who is the Co-Chief Investment Officer, and Managing Director, noted that while the large-cap outperformed the small-caps, however, this performance was not concentrated among the Magnificent Seven, which has dominated the market previously. This is evident from the fact that the Russell Top 50 Index fell 7.6%, whereas the NASDAQ Composite was down more than 10.3%. Gannon highlighted that while the small-cap stocks underperformed the large caps, however, the divergence from the Mag Seven is a positive trend for the small-cap stocks. He noted that historically speaking the broadening of the market away from the top few stocks has meant good things for the small caps in the long term. Moreover, while dissecting the performance of small-cap equities during the downturn, Gannon noted that the Russell 2000 Value Index held better as compared to the Russell 2000 Growth Index. The small-cap value stocks have outperformed the growth counterparts over 1 and 5-year comparisons. However, when looked up from a 10-year standpoint the performance for both categories remains the same. Gannon further pointed out that during the first quarter of 2025, the biggest detractors of the Index were Information Technology, Industrials, Health Care, and Consumer Discretionary, while Utilities was the only positive contributor. Lasty, Gannon shared his experience of being a small-cap investment strategist for over 50 years. He highlighted it is still too early to tell if the first quarter drop for small-cap stocks was only short-term or indicates a long-term period of falling, however, he noted that corrections are common for the small-cap investors. Gannon advised investors to learn to be greedy when others are fearful and vice versa if they are interested in small caps. Moreover, looking at the stocks from a valuation standpoint, small caps remain largely undervalued as compared to large caps and Gannon advised the key to tackling periods of uncertainty is to remain invested. To compile the list of the 10 best-rising penny stocks to buy according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated the list of penny stocks (trading between $1 and $5) with more than 30% share price appreciation over the past month, and more than 30% average upside potential. Lastly, we sorted the list by market capitalization and ranked the stocks in ascending order of the number of hedge funds sourced from Insider Monkey's Q4 2024 database. Please note that the data was collected on April 17, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An aerial view of a vast mining project in a remote area of a landscape. Integra Resources Corp. (NYSEAMERICAN:ITRG) is a precious metal mining company engaged in the production of gold and silver. The company's principal operating asset is the Florida Canyon Mine in Nevada. Moreover, it is also developing the DeLamar Project in southwestern Idaho and the Nevada North Project in western Nevada. On April 4th, Raymond James analyst Brian MacArthur raised the price target for the stock from C$3.25 to C$3.75 and maintained an Outperform rating. One of the reasons behind the upgrade is the updated commodity price forecast by the firm. Raymond James anticipates an increase in gold and silver prices in the near and long term, which considering the higher reserve and resource pricing of Integra Resources Corp. (NYSEAMERICAN:ITRG) is expected to benefit the company. Moreover, the company reported record gold production in fiscal 2024, which reached 72,229 ounces, exceeding the guidance. As a result, the net income for the fourth quarter alone came in at $9.5 million. It is one of the best-rising penny stocks to buy according to analysts. Overall, ITRG ranks 7th on our list of best rising penny stocks to buy according to analysts. While we acknowledge the potential of ITRG to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ITRG but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
20-04-2025
- Business
- Yahoo
Is Integra Resources Corp. (ITRG) the Best Rising Penny Stock to Buy According to Analysts?
We recently published a list of the . In this article, we are going to take a look at where Integra Resources Corp. (NYSEAMERICAN:ITRG) stands against other best rising penny stocks to buy according to analysts. The start of 2025 was characterized by a series of challenges for the US equities across the board. Tariffs, inflationary concerns, the risk of recession, and loss of consumer confidence, all led to the small-cap Russell 2000 Index falling 9.5% and the large-cap Russell 1000 Index falling 4.5%. On April 1, Royce Investment released its fiscal first quarter outlook for small-cap stocks. Francis Gannon, who is the Co-Chief Investment Officer, and Managing Director, noted that while the large-cap outperformed the small-caps, however, this performance was not concentrated among the Magnificent Seven, which has dominated the market previously. This is evident from the fact that the Russell Top 50 Index fell 7.6%, whereas the NASDAQ Composite was down more than 10.3%. Gannon highlighted that while the small-cap stocks underperformed the large caps, however, the divergence from the Mag Seven is a positive trend for the small-cap stocks. He noted that historically speaking the broadening of the market away from the top few stocks has meant good things for the small caps in the long term. Moreover, while dissecting the performance of small-cap equities during the downturn, Gannon noted that the Russell 2000 Value Index held better as compared to the Russell 2000 Growth Index. The small-cap value stocks have outperformed the growth counterparts over 1 and 5-year comparisons. However, when looked up from a 10-year standpoint the performance for both categories remains the same. Gannon further pointed out that during the first quarter of 2025, the biggest detractors of the Index were Information Technology, Industrials, Health Care, and Consumer Discretionary, while Utilities was the only positive contributor. Lasty, Gannon shared his experience of being a small-cap investment strategist for over 50 years. He highlighted it is still too early to tell if the first quarter drop for small-cap stocks was only short-term or indicates a long-term period of falling, however, he noted that corrections are common for the small-cap investors. Gannon advised investors to learn to be greedy when others are fearful and vice versa if they are interested in small caps. Moreover, looking at the stocks from a valuation standpoint, small caps remain largely undervalued as compared to large caps and Gannon advised the key to tackling periods of uncertainty is to remain invested. To compile the list of the 10 best-rising penny stocks to buy according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated the list of penny stocks (trading between $1 and $5) with more than 30% share price appreciation over the past month, and more than 30% average upside potential. Lastly, we sorted the list by market capitalization and ranked the stocks in ascending order of the number of hedge funds sourced from Insider Monkey's Q4 2024 database. Please note that the data was collected on April 17, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An aerial view of a vast mining project in a remote area of a landscape. Integra Resources Corp. (NYSEAMERICAN:ITRG) is a precious metal mining company engaged in the production of gold and silver. The company's principal operating asset is the Florida Canyon Mine in Nevada. Moreover, it is also developing the DeLamar Project in southwestern Idaho and the Nevada North Project in western Nevada. On April 4th, Raymond James analyst Brian MacArthur raised the price target for the stock from C$3.25 to C$3.75 and maintained an Outperform rating. One of the reasons behind the upgrade is the updated commodity price forecast by the firm. Raymond James anticipates an increase in gold and silver prices in the near and long term, which considering the higher reserve and resource pricing of Integra Resources Corp. (NYSEAMERICAN:ITRG) is expected to benefit the company. Moreover, the company reported record gold production in fiscal 2024, which reached 72,229 ounces, exceeding the guidance. As a result, the net income for the fourth quarter alone came in at $9.5 million. It is one of the best-rising penny stocks to buy according to analysts. Overall, ITRG ranks 7th on our list of best rising penny stocks to buy according to analysts. While we acknowledge the potential of ITRG to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ITRG but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
20-02-2025
- Business
- Yahoo
INTEGRA STRENGTHENS EXECUTIVE TEAM WITH THE APPOINTMENT OF DALE KERNER AS VICE PRESIDENT OF PERMITTING, UNDERSCORING COMMITMENT TO RAPID PROJECT ADVANCEMENT
TSXV: ITR; NYSE American: ITRG VANCOUVER, BC, Feb. 20, 2025 /CNW/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to announce that Dale Kerner has been appointed to the newly created position of Vice President of Permitting and is expected to formally join the Company in early March 2025. Integra is also pleased to provide a corporate update including commentary on the 2025 gold price protection program, the Chief Operating Officer ("COO") hiring process, 2025 operating and cost guidance, and the timing of 2024 fourth quarter and full-year financial and operating results. Dale Kerner Appointed as Vice President of Permitting Integra is pleased to welcome Dale Kerner as Vice President of Permitting. Mr. Kerner is based in Boise, Idaho, and brings over 25 years of experience in environmental permitting and regulatory compliance, with a deep understanding of the permitting landscape in the United States ("U.S."). His expertise will be instrumental as Integra accelerates the permitting process for the DeLamar Project ("DeLamar"). Mr. Kerner joins Integra from Perpetua Resources Corp., where he was instrumental in successfully permitting the Stibnite Gold Project in Idaho – one of the more complex permitting processes in the U.S., which recently received a final Record of Decision from the U.S. Forest Service. Throughout his career, Mr. Kerner has held leadership roles with prominent environmental and engineering firms, including Haley & Aldrich and Brown and Caldwell, where he spearheaded permitting efforts for various mining operations across the Western U.S. In the newly created role of Vice President of Permitting, Mr. Kerner will be responsible for leading all aspects of permitting related to the Company's development stage projects, including DeLamar and the Nevada North Project ("Nevada North"). This includes working closely with the U.S. Bureau of Land Management ("BLM") in overseeing the Mine Plan of Operations ("MPO"), federal permitting efforts for the National Environmental Policy Act ("NEPA"), as well as the numerous ancillary permits required through various federal, state, and county agencies. Mr. Kerner commented: "The DeLamar Project is currently at a critical permitting juncture, and I am excited to join the team to contribute to Integra's success. I am eager to apply my recent experience to help navigate the regulatory process and advance this high-quality asset toward rapid permitting, development, and production. The current regulatory environment in the U.S. has never been better, with both federal and state governments showing signs of increased efficiency. Now is the time to aggressively drive permitting efforts forward at DeLamar." George Salamis, President, CEO and Director of Integra commented: "The addition of Dale to our leadership team marks a significant milestone for Integra and demonstrates the quality of Integra's existing team and assets. This key hire is consistent with our major strategic goal of advancing and de-risking DeLamar, at a crucial time when we are seeing accelerated regulatory permitting and development initiatives in the U.S. at the federal and state levels. Dale's extensive experience and successful track record in new mine permitting will help us advance and de-risk DeLamar and Nevada North toward large-scale oxide heap-leach development and production. Dale's appointment aligns with our commitment to our shareholders to strengthen our executive team in 2025 as a producing company. We look forward to continuing to bolster the executive leadership team with the expected appointment of a COO in Q1 2025." 2025 Gold Price Protection Program Update Integra is pleased to provide an update regarding the gold price protection program for 2025 production from the Florida Canyon Mine ("Florida Canyon"). The program is designed to secure margins at Florida Canyon, reduce gold price risk, and to enhance financial flexibility and strength for the Company to support the advancement of its key development assets, DeLamar and Nevada North. Since the program was announced (refer to Integra's news release from January 22, 2025), Integra purchased additional put options with a strike price of US$2,400/ounce, bringing the total number of hedged ounces from February to December 2025 to 53,350 (4,850 ounces per month). The total number of hedged ounces from January to December 2025 is 56,500. The put options are settled in cash. As the hedging program consists solely of put options, Integra retains the financial flexibility to later offset the initial cash outlay by converting the put options into a zero-cost collar or through the early monetization of the options, based on its assessment of market conditions and capital allocation priorities. Production that is hedged by put options represents approximately 80% of the contemplated 2025 gold ounces sold at Florida Canyon as set out in the 2024 NI 43-101 technical report titled: "NI 43-101 Technical Report, Florida Canyon Gold Mine, Pershing County, Nevada, USA", dated July 11, 2024 with an effective date of June 28, 2024 available under Integra's SEDAR+ profile at Chief Operating Officer Appointment & 2025 Guidance Update As part of an ongoing initiative to strengthen Integra's operating and development team, the Company initiated hiring efforts for a COO in early 2025. Integra is pleased to share that it has received strong interest in the role from numerous seasoned mining executives. Integra's leadership team recently conducted interviews with a shortlist of highly qualified candidates and remains committed and on-track to appoint the new COO in Q1 2025. The COO will oversee mining operations in an executive capacity at Florida Canyon and will play a crucial role in determining operating and cost guidance for the mine in 2025 and beyond. The COO will also take the lead on the ongoing and future mining and production optimization studies at Florida Canyon. Several optimization studies are underway at Florida Canyon and are expected to be completed in H1 2025. Input from the new COO on these important studies and how they will impact future production, operating costs, and capital allocation is crucial. The COO will also assume executive level oversight of the ongoing Feasibility Study for DeLamar, which is expected to be delivered in H1 2025. The Company intends to provide formal 2025 operating and cost guidance following the appointment and input from the new COO. Integra will provide additional commentary on operations at Florida Canyon and its key development projects as part of the 2024 fourth quarter and full-year operating and financial results. Notice of 2024 Fourth Quarter & Full-Year Results Integra intends to release its fourth quarter and full-year 2024 operating and financial results after market close on March 26, 2025. Integra will host a conference call and webcast on March 27, 2025, at 11:00 AM, Eastern Time / 8:00 AM Pacific Time, to discuss the results. Details for the conference call and webcast are included below. Dial-In Numbers / Webcast: Conference ID: 2435675Toll Free: (800) 715-9871Toll: +1 (646) 307-1963 Webcast: About Integra Resources Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to 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. Integra creates sustainable value for shareholders, stakeholders, and local communities through successful mining operations, efficient project development, disciplined capital allocation, and strategic M&A, while upholding the highest industry standards for environmental, social, and governance practices. ON BEHALF OF THE BOARD OF DIRECTORS George SalamisPresident, CEO and Director Forward Looking and Other Cautionary Statements Certain information set forth in this news release contains "forward‐looking statements" and "forward‐looking information" within the meaning of applicable Canadian securities legislation and applicable United States securities laws (referred to herein as forward‐looking statements). Except for statements of historical fact, certain information contained herein constitutes forward‐looking statements which includes, but is not limited to, statements with respect to: 2025 guidance; the price protection program and hedging strategies; 2025 production; the hiring of a COO; the future financial or operating performance of the Company and the Company's mineral properties and project portfolio; the results from work performed to date; the estimation of mineral resources and reserves; the realization of mineral resource and reserve estimates; the development, operational and economic results of technical reports on mineral properties referenced herein; magnitude or quality of mineral deposits; the anticipated advancement of the Company' mineral properties and project portfolios; exploration expenditures, costs and timing of the development of new deposits; underground exploration potential; costs and timing of future exploration; the completion and timing of future development studies; estimates of metallurgical recovery rates; exploration prospects of mineral properties; requirements for additional capital; the future price of metals; government regulation of mining operations; environmental risks; the timing and possible outcome of pending regulatory matters; the realization of the expected economics of mineral properties; future growth potential of mineral properties; and future development plans. Forward-looking statements are often identified by the use of words such as "may", "will", "could", "would", "anticipate", "believe", "expect", "intend", "potential", "estimate", "budget", "scheduled", "plans", "planned", "forecasts", "goals" and similar expressions. Forward-looking statements are based on a number of factors and assumptions and necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward‐looking statements. Readers are advised to study and consider risk factors disclosed in Integra's annual report on Form 20-F dated March 28, 2024 for the fiscal year ended December 31, 2023 and Florida Canyon Gold Inc.'s listing application on TSX Venture Exchange Form 2B, each of which are available on the respective SEDAR+ issuer profiles for the Company and Florida Canyon Gold Inc. available at There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward‐looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The forward-looking statements contained herein are presented for the purposes of assisting investors in understanding the Company's plans, objectives and goals, and may not be appropriate for other purposes. Forward-looking statements are not guarantees of future performance and the reader is cautioned not to place undue reliance on forward‐looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release View original content to download multimedia: SOURCE Integra Resources Corp. View original content to download multimedia:
