Integra Resources - Integra Gold 2.0...? - Die letzten 30 Beiträge

[KMST]

Integra Resources and Millennial Precious Metals Announce Friendly At-Market Merger and Concurrent Equity Financings of C$35 Million With Strategic Investment From Wheaton Precious Metals


VANCOUVER, Feb. 27, 2023 - Integra Resources Corp. ("Integra") (TSX-V: ITR; NYSE American: ITRG) and Millennial Precious Metals Corp. ("Millennial") (TSX-V: MPM, OTCQB: MLPMF) (together, the "Companies") are pleased to announce that they have entered into an arm's length definitive agreement dated February 26, 2023 for an at-market merger (the "Arrangement Agreement"), pursuant to which Integra and Millennial have agreed to combine their respective companies (the "Transaction") by way of a court-approved plan of arrangement.

Under the terms of the Transaction, Millennial shareholders will receive 0.23 of a common share of Integra (each whole share, an "Integra Share") for each Millennial common share ("Millennial Share") held (the "Exchange Ratio"). Existing shareholders of Integra and Millennial will own approximately 65% and 35%, respectively, of the outstanding Integra Shares on the closing of the Transaction (but prior to the completion of the equity financing contemplated below). The Exchange Ratio implies consideration of C$0.18 per Millennial Share based on the closing market price of the Integra Shares on the TSX Venture Exchange (the "TSXV") on February 24, 2023. The consideration represents a no premium Transaction.

In connection with the Transaction, the Companies are pleased to announce concurrent equity financings for aggregate gross proceeds of C$35 million, comprised of the Brokered Offering and Non-Brokered Offering (each, as defined below), the net proceeds of which are expected to be used by Integra, following completion of the Transaction, to fund an updated Mineral Resource Estimate and Mine Plan of Operations at the DeLamar Project, the preparation of a Mineral Resource Estimate and Preliminary Economic Assessment ("PEA") on Millennial's Wildcat and Mountain View Projects, as well as on-going baseline work for additional permitting and exploration at the Companies' respective projects, and for working capital and general corporate purposes. The Companies are pleased to welcome Wheaton Precious Metals Corp. (TSX | NYSE | LSE: WPM) ("Wheaton") as a new cornerstone investor, with Wheaton agreeing to invest an amount equal to up to 9.9% of the issued and outstanding Integra Shares (following the completion of the proposed Transaction and the conversion of the Subscription Receipts (as defined below) issuable to Wheaton and pursuant to the Brokered Offering (as defined below)). The equity participation of Wheaton in connection with the Transaction provides significant project and transaction validation while also creating a partnership for future project financing. The equity financing also includes participation by Beedie Investments Ltd. ("Beedie Capital"), an existing lender and shareholder of Integra.

The combination of Integra and Millennial will create one of the largest precious metals development and exploration companies in the Great Basin, with the goal of becoming a mid-tier heap leach gold-silver producer and generating significant value for shareholders. The combined company will feature a diversified portfolio of assets including Integra's past producing gold-silver DeLamar Project in southwest Idaho and Millennial's oxide-focused Wildcat and Mountain View Projects in western Nevada. The combined company will boast one of the largest gold-silver endowments in the Great Basin not controlled by a major mining company. In addition to the development pipeline, meaningful exploration potential exists in the BlackSheep, War Eagle and non-oxide targets at DeLamar and the Dune, Eden, Marr, Ocelot, Cerro Colorado(1) and Red Canyon(1) Projects from Millennial.

Strategic Rationale for Transaction

Increased Scale: Combined portfolio consists of 10 high quality assets across various stages of development with a total measured and indicated resource containing 2.6 million ounces of gold and 126.9 million ounces of silver and an inferred resource of 1.65 million ounces of gold and 16.4 million ounces of silver.(2),(3),(4)
Robust Pipeline: Focused on building a portfolio of low-risk, low-capital intensity and high-margin heap leach projects located in the Great Basin, considerably reducing risks commonly associated with single asset development and production companies.
Industry Leading Growth: Near-term oxide resource growth potential identified at DeLamar, Wildcat and Mountain View, with the goal of becoming a +200kozs AuEq per annum producer using a staged development strategy, executed by one singular permitting and development team.
The Right Team: Combining two of the leading junior gold exploration and development teams with a proven track record of success across exploration, construction, project finance, M&A and capital markets.
Financial Strength: Concurrent equity offering, including strategic support from Wheaton and Beedie Capital, provides significant immediate funding and future financing support to advance key milestones at DeLamar, Wildcat & Mountain View.

George Salamis, President and Chief Executive Officer of Integra, stated, "The merger with Millennial is an exciting combination that provides balanced benefits to both sets of shareholders and streamlines the permitting and development of three high-quality, oxide, heap leach projects. The industry is in need of consolidation, and the support amongst the investment community and from Wheaton for this merger and concurrent financing has been resoundingly positive."

Jason Kosec, President and Chief Executive Officer of Millennial, stated, "The result of this transaction will be a combined company with a greatly strengthened balance sheet, an enhanced leadership team, and a high-quality asset portfolio with three flagship heap leach projects in the Great Basin. This represents a significant step toward our long-term vision of building an industry leading USA-focused mid-tier gold producer."

Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals, commented, "We are pleased to support this transaction between Integra and Millennial and the much-needed consolidation in the industry. We look forward to becoming a meaningful shareholder of the combined entity, which provides Wheaton the opportunity of gaining exposure to high-quality exploration and development assets in one of the top mining jurisdictions in the world."

________________________
(1) Millennial holds an option to acquire Red Canyon and Cerro Colorado.
(2) See NI 43-101 technical report titled: "Technical Report and Preliminary Feasibility Study for the DeLamar and Florida Mountain Gold - Silver project, Owyhee County, Idaho, USA", dated March 22, 2022 with an effective date of January 24, 2022 available under Integra Resources' SEDAR profile at www.sedar.com and EDGAR profile at https://www.sec.gov/edgar/search-and-access.
(3) See NI 43-101 technical report titled: "NI 43-101 Technical Report, Resource Estimate for the Wildcat Project, Pershing County, Nevada, United States", dated November 20, 2020, with an effective date of November 18, 2020 available under Millennial's SEDAR profile at www.sedar.com.
(4) See NI 43-101 technical report titled: "NI 43-101 Technical Report, For the Mountain View Project, Washoe County, Nevada, USA", dated November 25, 2020 with an effective date of November 15, 2020 available under Millennial's SEDAR profile at www.sedar.com.

Benefits to Integra and Millennial Shareholders

Enhanced Scale & Diversification: Combined portfolio contains three of the top oxide heap leach gold-silver projects in the USA not currently controlled by a major and creates a foundation for building a new, Great Basin focused, precious metals producer.
Strong Balance Sheet to Advance Projects: The combined company will have a significantly strengthened balance sheet allowing for meaningful advancement of key milestones at DeLamar, Wildcat and Mountain View.
Improved Capital Markets Presence: Enhanced institutional investor following, increased size and trading liquidity in both Canada and the USA, along with a strong equity research following.
Greater Potential for Value Creation: Combination of DeLamar, Wildcat and Mountain View with a sequenced development strategy is expected to result in greater value creation for shareholders of Integra and Millennial that would not be possible on a standalone basis, balancing execution risks between three projects.
Wheaton Partnership: Strategic equity partnership with Wheaton provides transaction and project validation and creates a pathway to project financing with one of the industry's leaders.

Management Team and Board of Directors

The combined company's board of directors will be led by George Salamis as Executive Chairman and will be comprised of six board members nominated by Integra and three board members nominated Millennial. Apart from his duties as Executive Chairman, Mr. Salamis will be focusing his efforts executing on permitting and advanced feasibility studies on the combined company's flagship DeLamar gold-silver deposit in Idaho.

Reporting to the Executive Chairman, the combined company will be managed by Jason Kosec, as President and Chief Executive Officer; Timothy Arnold, as Chief Operating Officer; Andree St-Germain, as Chief Financial Officer; and Josh Serfass, as Vice President. Mr. Kosec brings extensive industry and capital markets experience to the leadership team and he, alongside the broader team, will be focused on advancing the oxide projects in Nevada. Millennial's Vice President of Corporate Development, Jason Banducci, and its Vice President of Exploration, Raphael Dutaut, will also be joining the combined management team.

Millennial Special Committee and Fairness Opinion

The special committee of Millennial (the "Millennial Special Committee") has received a fairness opinion from Stifel GMP, stating that, as of the date of such opinion, and based upon and subject to the assumptions, limitations and qualifications stated in such opinion, the consideration to be received by Millennial shareholders pursuant to the Transaction is fair, from a financial point of view, to Millennial shareholders.

The Millennial Special Committee has unanimously approved the Arrangement Agreement and recommended that the board of directors of Millennial approve the Arrangement Agreement and that the Millennial shareholders vote in favour of the Transaction.

Board of Directors' Recommendation and Voting Support

The Arrangement Agreement and the Transaction have been unanimously approved by the boards of directors of each of Integra and Millennial, and the board of directors of Millennial has recommended that Millennial shareholders vote in favour of the Transaction.

Transaction Summary

Under the terms of the Transaction, Millennial shareholders will receive 0.23 of an Integra Share for each Millennial Share held, implying consideration of C$0.18 per Millennial Share.

The Transaction will be effected by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia) and will require approval by: (a) 66?% of the votes cast by Millennial shareholders; and (b) a simple majority of the votes cast by Millennial shareholders, excluding certain related parties as prescribed by Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, in each case, voting in person or represented by proxy at a special meeting of the Millennial shareholders to consider the Transaction. The special meeting of Millennial shareholders is expected to be held in April 2023.

Each of the directors and senior officers of Millennial, representing, in aggregate, approximately 9.2% of the issued and outstanding Millennial Shares, have entered into voting support agreements with Integra and have agreed to vote in favour of the Transaction at the special meeting of shareholders of Millennial to be held to consider the Transaction. Further information regarding the Transaction will be contained in an information circular that Millennial will prepare, file and mail in due course to its shareholders in connection with the Millennial special meeting.

Pursuant to the Arrangement Agreement, Integra has also agreed to provide Millennial with bridge financing during the interim period, with the expected amount of such financing to be C$500,000, subject to the completion of definitive loan documentation and TSXV approval.

The Arrangement Agreement includes customary representations and warranties for a transaction of this nature as well as customary interim period covenants regarding the operation of the Companies' respective businesses. The Arrangement Agreement also provides for customary deal-protection measures. In addition to shareholder and court approvals, closing of the Transaction is subject to applicable regulatory approvals, including, but not limited to, TSXV approval and the satisfaction of certain other closing conditions customary in transactions of this nature including the receipt of aggregate proceeds of C$35 million pursuant to the Brokered Offering and the Non-Brokered Offering. Subject to the satisfaction of these conditions, Integra and Millennial expect that the Transaction will be completed in the second quarter of 2023. Details regarding these and other terms of the Transaction are set out in the Arrangement Agreement, which will be available under the SEDAR profiles of Integra and Millennial at www.sedar.com.

Following completion of the Transaction, the Integra Shares will continue trading on the TSXV and the Millennial Shares will be de-listed from the TSXV. Approximately 180.4 million Millennial Shares are currently outstanding on a non-diluted basis and approximately 79.8 million Integra Shares are currently outstanding on a non-diluted basis. Upon completion of the Transaction (assuming no additional issuances of Integra Shares or Millennial Shares, and excluding issuances in connection with the concurrent equity financing described below and prior to the completion of the Consolidation (as defined below)), there will be approximately 121.8 million Integra Shares outstanding on a non-diluted basis and approximately 135.2 million Integra Shares outstanding on a fully-diluted basis.

None of the securities to be issued pursuant to the Arrangement Agreement have been or will be registered under the United States Securities Act of 1933 , as amended (the "U.S. Securities Act"), or any securities laws of any state of the United States, and any securities issued pursuant to the Transaction are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and similar exemptions under applicable securities laws of any state of the United States. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

Brokered Offering

Integra has entered into an agreement with Raymond James Ltd., BMO Capital Markets and Cormark Securities Inc., as joint bookrunners (collectively, the "Underwriters"), in connection with a bought deal private placement offering of 35,000,000 subscription receipts of Integra (the "Subscription Receipts") at a price of C$0.70 per Subscription Receipt (the "Issue Price") for gross proceeds to Integra of C$24.5 million (the "Brokered Offering"). Integra has also granted the Underwriters an option, exercisable, in whole or in part, for a period of 30 days following the closing of the Brokered Offering, to sell up to an additional 15% of the Subscription Receipts sold under the Brokered Offering at the Issue Price (the "Over-Allotment Option"). If the Over-Allotment Option is exercised in full, the total gross proceeds of the Brokered Offering will be C$28.2 million.

Each Subscription Receipt shall represent the right of a holder to receive, upon satisfaction or waiver of certain release conditions (including the satisfaction of all conditions precedent to the completion of the Transaction other than the issuance of the consideration shares to shareholders of Millennial) (the "Escrow Release Conditions"), without payment of additional consideration, one Integra Share, subject to adjustments and in accordance with the terms and conditions of a subscription receipt agreement to be entered into upon closing of the Brokered Offering (the "Subscription Receipt Agreement").

The gross proceeds from the sale of the Subscription Receipts will be deposited and held in escrow pending the satisfaction or waiver of the Escrow Release Conditions by TSX Trust Company, as subscription receipt and escrow agent under the Subscription Receipt Agreement. Integra will pay the Underwriters a cash commission and the expenses of the Underwriters incurred in connection with the Brokered Offering.

If a Termination Event (as defined below) occurs, the escrowed proceeds of the Brokered Offering will be returned on a pro rata basis to the holders of Subscription Receipts, together with the interest earned thereon, and the Subscription Receipts will be cancelled and have no further force and effect, all in accordance with the terms of the Subscription Receipt Agreement. For the purposes of the Brokered Offering, a "Termination Event" includes: (a) an event where the Escrow Release Conditions are not satisfied or waived prior to June 9, 2023 (subject to extensions in limited circumstances); (b) the termination of the Arrangement Agreement in accordance with its terms, or (c) the termination of the binding letter agreement between Integra and Wheaton with respect to the Non-Brokered Offering (as defined below).

The Brokered Offering and the Non-Brokered Offering are currently expected to close on or about March 16, 2023 and are subject to TSXV and other necessary regulatory approvals. Following completion of the Transaction, the net proceeds from the Brokered Offering and the Non-Brokered Offering are expected to be used to fund an updated resource estimate and Mine Plan of Operations for DeLamar, updated resource estimates and PEAs for Wildcat and Mountain View, permit advancement, and for working capital and general corporate purposes.

The Subscription Receipts will be offered by way of: (a) private placement in each of the provinces of Canada pursuant to applicable prospectus exemptions under applicable Canadian securities laws; (b) in the United States or to, or for the account or benefit of U.S. persons, by way of private placement pursuant to the exemptions from registration provided for under Rule 506(b) and/or Section 4(a)(2) of the U.S. Securities Act; and (c) in jurisdictions outside of Canada and the United States as are agreed to by Integra and the Underwriters on a private placement or equivalent basis.

The securities being offered pursuant to the Brokered Offering and the Non-Brokered Offering have not been, nor will they be, registered under the U.S. Securities Act and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. "United States" and "U.S. person" are as defined in Regulation S under the U.S. Securities Act.

Non-Brokered Offering

Pursuant to a binding letter agreement, Wheaton has agreed to purchase the lesser of: (a) C$15 million of Subscription Receipts at the Issue Price; (b) such number of Subscription Receipts that will result in Wheaton owning 9.9% of the issued and outstanding Integra Shares (following the completion of the proposed Transaction and the conversion of the Subscription Receipts issuable to Wheaton and pursuant to the Brokered Offering); and (c) 30% of the combined Subscription Receipts to be issued to Wheaton and investors in the Brokered Offering (the "Non-Brokered Offering"). The Non-Brokered Offering is expected to close concurrently with the Brokered Offering and is subject to TSXV and other necessary regulatory approvals, and execution of definitive agreements. No fee or commission shall be payable on the sale of Subscription Receipts to Wheaton pursuant to the Non-Brokered Offering.

Pursuant to the terms of the Non-Brokered Offering, and upon completion of the Transaction, Wheaton will receive a corporate wide right of first refusal on precious metals royalties, streams or pre-pays pertaining to any properties that Integra or its affiliates: (a) currently hold; (b) acquire in connection with the Transaction; and (c) acquire in the future within a five kilometer radius of the outer perimeter of the foregoing properties or is otherwise acquired in connection with or for the use of the projects currently held by Integra and Millennial. Integra will also grant to Wheaton the right to participate in future equity offerings so that it can maintain at least its pro rata ownership at the time of any such offering, up to a maximum of 9.9% of the Integra Shares (provided Wheaton holds at least 5.0% of the outstanding equity at the time of such offering).

Beedie Capital Credit Facility

In connection with the closing of the Transaction, the convertible loan agreement with Beedie Capital dated July 28, 2022 (the "Loan Agreement") will be amended to accommodate the assets of Millennial and its subsidiaries, each of which, following the closing of the Transaction, will be loan parties and provide guarantees and security for the obligations under the Loan Agreement. In addition, conditional on the closing of the Transaction, the Loan Agreement will be amended to, among other things, modify the conversion price on the initial advance of US$10 million under the Loan Agreement to reflect a 35% premium to the Issue Price (the "Initial Advance Conversion Price") and to increase the effective interest rate from 8.75% to 9.25% per annum on the loan outstanding, which interest continues to be accrued for the first twenty-four (24) months from the date of the Loan Agreement, payable quarterly either in shares or in cash, at Integra's election. As of the date hereof, the principal amount of the loan outstanding under the Loan Agreement is US$20 million, of which US$10 million is currently drawn.

Beedie Capital has provided their consent for the Transaction, subject to, among other things, the satisfaction or waiver of certain conditions precedent by Integra, including the completion of the Brokered Offering and the Transaction in accordance with their respective terms, approval of the TSXV and the New York Stock Exchange for the revised Initial Advance Conversion Price and there being no other default or event of default under the Loan Agreement.

Consolidation

Subject to the completion of the Transaction and receipt of approval from the TSXV, Integra intends to consolidate the Integra Shares on the basis of one post-consolidation Integra Share for every 2.5 pre-consolidation Integra Shares (the "Consolidation"). It is expected that the Consolidation will take effect shortly following the completion of the Transaction.

Assuming the maximum number of Subscription Receipts are sold pursuant to the Brokered Offering (including pursuant to the Over-Allotment Option) and the Non-Brokered Offering, Integra expects to have approximately 177.1 million Integra Shares issued and outstanding immediately following the completion of the Transaction on a non-diluted basis and approximately 190.4 million Integra Shares outstanding on a fully-diluted basis. Following the implementation of the Consolidation, Integra will have approximately 70.8 million Integra Shares issued and outstanding on a non-diluted basis and approximately 76.2 million Integra Shares outstanding on a fully-diluted basis. No fractional Integra Shares will be issued, and any fractional interest in Integra Shares resulting from the Consolidation will be rounded down to the nearest whole Integra Share.

A letter of transmittal will be mailed to registered shareholders once the Consolidation has taken effect, which will contain instructions on how registered shareholders can exchange their share certificates or direct registration system advices ("DRS Advices"), evidencing their pre-Consolidation Integra Shares for new share certificates or DRS Advices representing the number of post-Consolidation Integra Shares to which they are entitled.

Advisors and Counsel

Cassels Brock & Blackwell LLP is acting as legal counsel to Integra and Cormark Securities Inc. is acting as financial advisor to Integra in connection with the Transaction.

Bennett Jones LLP is acting as legal counsel to Millennial and Stifel GMP is acting as financial advisor to the Millennial Special Committee in connection with the Transaction.

Conference Call and Webcast

Integra and Millennial will jointly host a webinar to discuss the Transaction on February 28, 2023 at 8:00 a.m. PST / 11:00 a.m. EST. Participants may join the webinar by registering at the link below:

https://us02web.zoom.us/webinar/register/WN_1Vst7BoCSAGnQ5nM…

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Integra Signs Agreement for US$20 M Convertible Debenture with Beedie Capital, Announces Concurrent Overnight Marketed Public Offering of Up to US$10 M with Lead Order from Beedie Capital
https://integraresources.com/news/2022/integra-signs-agreeme…

Integra Announces Pricing Of Overnight Marketed Offering
https://integraresources.com/news/2022/integra-announces-pri…

[Bukmop]

Integra Resources Reports Thickest Gold-Silver Zone to Date at Sullivan Gulch: 1.66 g/t AuEq Over 397 m, Expands Continuity of New High-Grade Structure at Sullivan Gulch With 9.00 g/t Au and 491 g/t Ag (15.32 g/t AuEq) Over 1.52 m

https://www.juniorminingnetwork.com/junior-miner-news/press-…

[Bukmop]

Integra Resources Intersects Record Silver Grade at DeLamar: 9.85 g/t AuEq Over 26.97 m, Including 80.40 g/t Au and 14,054 g/t Ag (261.28 g/t AuEq) Over 0.40 m in Potential New, High-Grade Structural Zone at Sullivan Gulch

https://www.juniorminingnetwork.com/junior-miner-news/press-…

[Bukmop]

Sehr schöne Treffer

[Max_Investor]

Integra Resources Intersects 3.95 g/t AuEq Over 77.7 M in Extension Drilling at War Eagle

Mr. George Salamis reports:

2021 Drill results from War Eagle target (located approximately 3 km southeast of the Florida Mountain Deposit) include:

IWE-21-023

3.85 g/t Au and 7.74 g/t Ag (3.95 g/t AuEq) over 77.72 m
Including 97.48 g/t Au and 181.00 g/t Ag (99.81 g/t AuEq) over 1.53 m
Including 23.86 g/t Au and 21.95 g/t Ag (24.14 g/t AuEq) over 1.52 m
Including 6.88 g/t Au and 7.40 g/t Ag (6.97 g/t AuEq) over 12.19 m
Including 35.97 g/t Au and 16.98 g/t Ag (36.19 g/t AuEq) over 1.52 m

The 2021 drill results announced today from War Eagle are an extension of areas previously drilled by the Company, indicating the potential for a high-grade gold-silver system in the granites below previous drilling.

VANCOUVER, British Columbia , May 05, 2022 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSX-V: ITR; NYSE American: ITRG) is pleased to announce drill results from the DeLamar Project (“DeLamar” or the “Project”) located in southwestern Idaho. The results announced today are from the 2021 drill campaign at the War Eagle target, located approximately 3 km southeast from Florida Mountain. War Eagle continues to deliver high-grade gold-silver intercepts which are on extension from previous drilling, suggesting the presence of additional high-grade gold silver mineralization at depth and on strike.

“The vast exploration potential at the DeLamar Project has always been one of the hallmarks of the Project. War Eagle has always been an attractive high-grade target at DeLamar with a rich history of historic underground mining of high-grade gold-silver. The drill results announced today are on extension from previous drilling at War Eagle and continue to demonstrate the high-grade potential at this target. The Company has now identified multiple high-grade gold-silver mineralized structures at War Eagle with strike lengths of up to 500 m,” noted Integra President and CEO George Salamis.

[Bukmop]

hier stehen auch die meisten Anzeichen auf rot...
ich vermute, daß hier kurz- bis mittelfristig eine Trendumkehr starten sollte..
der MACD und Stochastik sind bereit nach oben auszubrechen

[Bukmop]

trotz regelmäßiger schöner Bohrresultate will der Kurs mal wieder auf den Ursprungszustand der letzten Jahre um die 1,50 C$ zurück... trotz geplanter PFS

[KMST]

Integra Intersects Highest-Grade Intercepts to Date at DeLamar Deposit: 10.75 g/t AuEq Over 9.14 m, Including 104.28 g/t Au and 4,818 g/t Ag (166.28 g/t AuEq) over 0.46 m and 8.40 g/t AuEq Over 7.02 m at Sullivan Gulch

https://www.goldseiten.de/artikel/532005--Integra-Intersects…

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[KMST]

alles in allem bin ich enttäuscht...was jetzt natürlich auch den kursverlauf der letzten monate erklärt

cutoff auf $1700 und $21.50 hoch genommen was deutlich über der peergroup ist.
inflationärer druck ist deutlich ablesbar

[KMST]

Integra Completes Pre-Feasibility Study for Delamar Project With Average Annual Production of 163,000 Oz Au Eq for the First 8 Yrs

And Demonstrates Project Optionality With Phased Development Approach

Key Pre-feasibility Study ("PFS") Highlights:

The Heap Leach and Mill PFS shows construction in two stages. The combined Stage 1 and 2 contemplates a 35,000 metric tonnes per day ("mtpd") Heap Leach in Stage 1 that will process Oxide and Mixed ore from both the DeLamar and Florida Mountain Deposits, and a 6,000 mtpd Mill to be constructed in Stage 2 to process Non-Oxide ore:
Heap Leach and Mill PFS after-tax NPV(5%) of US$412 million and 27% after-tax IRR at US$1,700/ounce ("oz") Gold ("Au") and US$21.50/oz Silver ("Ag") (base case).
Heap Leach and Mill PFS after-tax NPV(5%) of US$539 million and 33% after-tax IRR at Spot Prices (February 8, 2022) of US$1,826 /oz Au and US$23.00/oz Ag.
Pre-production capital expenditures ("Capex") of US$282 million, including contingency of 20% on processing, heap leach and tailing facilities (excluding working capital and assuming mobile mining equipment financing).
Average annual production of 163,000 oz gold equivalent ("AuEq")1 for first 8 years with Life of Mine ("LOM") average annual production of 110,000 oz Au Eq over 16 years.
LOM site level all-in sustaining costs of ("AISC") of US$955/oz on an AuEq co-product basis.
Strong leverage to silver; silver accounts for ~35% of revenue from production.
Proven and Probable Mineral Reserves of 1.8 M oz Au (at 0.45 g/t Au) and 92.4 M oz Ag (at 23.27 g/t Ag).
Total LOM Strip Ratio (waste to ore) of 2.21.
Mill construction will commence in Year 1 at the discretion of the Company and is expected to be financed with internal cash flows. Mill construction in Stage 2 can be pushed out as necessary.

Stage 1 Heap Leach Only: The Company contemplates beginning the project with Stage 1 Heap Leaching in year 1. Stage 1 includes a 35,000 mtpd Heap Leach of Oxide and Mixed ore. Stage 1 will permit Integra to commence development and operation of the project at lower cash costs and give the Company flexibility to proceed or not proceed with Stage 2 in year 1. Stage 1 offers a robust production profile while requiring significantly lower expansion capital than a combined Heap Leach and Milling development:
Heap Leach Only (Stage 1) pre-production Capex of US$273 million (excluding working capital and assuming mobile mining equipment financing).
LOM site level AISC of US$813 /oz on an AuEq co-product basis
Average annual production of 136,000 oz AuEq over 7 years
Total LOM Strip Ratio (waste to ore): 1.35
Integra believes that a two-stage development reduces risk because of the greater flexibility to respond to the prevailing economic environment in connection with a decision to pursue Stage 2.

The PFS includes multiple sustainability-driven initiatives to decrease the environmental footprint of the Project, including:

Railveyor: The Project's ore haulage system will utilize Railveyor's light rail system to haul material between various pits and the processing location, replacing the equivalent of approximately 5 diesel haul trucks. Powered electrically, Railveyor will decrease the Project's diesel usage and associated direct (Scope 1) greenhouse gas emissions. Downhill portions of the haul will generate power regeneratively, and ancillary benefits will include reduced noise and dust levels, and reduced water consumption for dust mitigation.
Power Generation: The Company plans to power the Project through an onsite microgrid. A 12-megawatt ("MW") solar array will be installed on the historic tailing impoundment in conjunction with 4.5 MW-hours of batteries and a Liquified Natural Gas ("LNG") power generation plant to be constructed on site, leased from, and maintained by a third-party provider through a long-term use-based lease agreement. Greenhouse gas emissions from this energy mix will be an estimated 13% lower than the current local utility grid mix. The microgrid levelized cost of energy ("LCOE") is 63% lower than the local electric utility.
The incorporation of these plans is not only crucial to lowering the Project's greenhouse gas emissions, but they also importantly drive stronger economics for the Project, demonstrating how mining projects can benefit economically from taking steps towards sustainability.

To view a 3D VRIFY presentation of the PFS results, click on the following link: https://vrify.com/decks/10989?auth=74c8f3c4-fa11-4e7a-ab09-c…

To view a video of President and CEO George Salamis discussing the PFS, click on the following link:

VANCOUVER, British Columbia, Feb. 09, 2022 -- Integra Resources Corp. ("Integra" or the "Company") (TSX-V: ITR; NYSE American: ITRG) is pleased to announce the results of the Pre-feasibility Study ("PFS") and Mineral Resource and Reserve Statement on its 100% owned DeLamar Project completed by Mine Development Associates, a division of RESPEC of Reno, Nevada, supported by M3 Engineering & Technology Corporation of Chandler, Arizona, McClelland Laboratories, Welsh Hagen Associates, and EM Strategies, a WestLand Resources, Inc, Company, all of Reno, Nevada, Warm Springs Consulting, LLC of Boise, Idaho, and Elbow Creek Engineering of Billings, Montana, for the DeLamar Project ("DeLamar" or the "Project") located in southwestern Idaho.

George Salamis, Integra Resources President and CEO reports: "The completion of the DeLamar Pre-feasibility study is a crowning achievement for the Company, representing the culmination of two years of work by the Integra team and its various consultants. Following on from the success of the 2019 preliminary economic assessment, this PFS is a materially different and larger scale Project, both in Heap Leaching and Milling, relative to the PEA. Despite inflationary pressure currently overhanging the mining industry from a capital and operating cost perspective, the Project continues to demonstrate strong positive economics and a high degree of optionality in terms of the scale, mining/processing scope and capital cost of gold/silver mines to be built at the Project. The two-stage Project contemplates a larger scale open pit mining scenario that combines Heap Leaching and Milling to achieve an average production level of 163,000 AuEq ozs per annum for the first 8 years, a mine life of 16 years, life of mine site level AISC of $955/oz (co-product basis) and with a clear path to future Non-Oxide processing enhancements and resource growth upside." Mr. Salamis continues, "the staged approach to development also means that the Company starts production with Heap Leach only that can be developed with far lower capital and operating cost requirements, capable of producing an average of 136,000 AuEq ozs per annum at a site level AISC $813/oz (co-product basis). We believe that in an inflationary environment, such as the one that our shareholders and stakeholders are currently experiencing, having a multi-phase development stage is critically important, and demonstrates maximum flexibility and transparency. This study also outlines the potential for significant upside opportunities at the DeLamar Project, including increased gold and silver recoveries in the Non-Oxide ore through the use of Albion processing methods, a process that has much lower capital costs than traditional Oxidation plants and has yielded promising results in recent test work. Additionally, this study does not incorporate any of the high-grade gold-silver potential below the Florida Mountain resource envelope."

Integra will host a call on February 10, 2022, at 8am PST/11am EST. To register for the webinar, click on the following link: https://us02web.zoom.us/webinar/register/WN_VUvizkuaSlykvDQG…

[KMST]

moin zurück...was sind deine gründe wenn man fragen darf?
pfs spekulation, langfristiger natur, zock auf edelmetalle und damit hier große resource usw.?

[glorianer]

moin all

so einige ins Depot gelegt

[KMST]

Integra Intersects 3.36 g/t AuEq Over 92.66 m, Including 24.15 g/t AuEq Over 7.01 m and 1.18 g/t AuEq Over 44.81 m, Including 4.21 g/t AuEq Over 10.82 m at Florida Mountain

Drill results from the Florida Mountain Deposit include:
FME-21-115: 3.15 grams per tonne ("g/t") gold ("Au") and 16.63 g/t silver ("Ag") (3.36 g/t gold equivalent ("AuEq")) over 92.66 meters ("m")
Including 68.88 g/t Au and 135.00 g/t Ag (70.62 g/t AuEq) over 1.53 m
Including 23.25 g/t Au and 70.04 g/t Ag (24.15 g/t AuEq) over 7.01 m
Including 67.16 g/t Au and 208.00 g/t Ag (69.84 g/t AuEq) over 1.53 m
Including 28.44 g/t Au and 40.14 g/t Ag (28.96 g/t AuEq) over 1.22 m

FME-21-119: 3.06 g/t Au and 24.70 Ag (3.37 g/t AuEq) over 10.52 m
Including 22.67 g/t Au and 186.00 g/t Ag (25.06 g/t AuEq) over 1.22 m

FME-21-119: 0.87 g/t Au and 24.64 g/t Ag (1.18 g/t AuEq) over 43.59 m
Including 5.25 g/t Au and 341.00 g/t Ag (9.64 g/t AuEq) over 0.61 m

FME-21-117: 0.80 g/t Au and 68.77 g/t Ag (1.69 g/t AuEq) over 22.86 m

FME-21-125: 1.07 g/t Au and 8.15 g/t Ag (1.18 g/t AuEq) over 44.81 m
Including 3.95 g/t Au and 20.02 g/t Ag (4.21 g/t AuEq) over 10.82 m
Including 22.46 g/t Au and 22.42 g/t Ag (22.75 g/t AuEq) over 0.91 m

FME-21-122: 0.93 g/t Au and 8.77 g/t Ag (1.04 g/t AuEq) over 95.71 m

FME-21-127: 0.79 g/t Au and 18.51 g/t Ag (1.03 g/t AuEq) over 98.45 m
Including 2.20 g/t Au and 35.57 g/t Ag (2.65 g/t AuEq) over 21.33 m
Including 4.86 g/t Au and 338.00 g/t Ag (9.21 g/t AuEq) over 1.53 m

To date in 2021, the Company has drilled 16,825 m at Florida Mountain. The intercepts reported here through the Trade Dollar and Alpine Veins continue to demonstrate the continuity of high-grade in the deeper portions of these veins. In most instances the higher-grade intervals from these holes were rushed at the assay labs and were reported previously (please see the news release dated August 31, 2021) These drill intercepts include:

FME-21-122 3.66 g/t Au and 18.60 g/t Ag (3.90 g/t AuEq) over 17.98 m
Including 31.89 g/t Au and 43.91 g/t Ag (32.45 g/t AuEq) over 1.68 m
FME-21-125: 3.13 g/t Au and 104.08 g/t Ag (4.47 g/t AuEq) over 31.24 m
Including 6.17 g/t Au and 87.60 g/t Ag (7.30 g/t AuEq) over 0.91 m
Including 49.90 g/t Au and 1,622.00 g/t Ag (70.78 g/t AuEq) over 1.52 m
FME-21-127: 24.64 g/t Au and 295.31 g/t Ag (28.44 g/t AuEq) over 5.18 m
Including 103.94 g/t Au and 1,202.39 g/t Ag (119.41 g/t AuEq) over 1.22 m

The Company has now intercepted 103 drill hits over 4.0 g/t AuEq with a minimum width of 1.52 m at Florida Mountain.

To view a video of President and CEO George Salamis discussing the drill results, click on the following link:

VANCOUVER, British Columbia, Nov. 04, 2021 -- Integra Resources Corp. ("Integra" or the "Company") (TSX-V: ITR; NYSE American: ITRG) is pleased to announce multiple high-grade drill results from the Florida Mountain Deposit as well as long widths of mineralization within the existing resource envelope at Florida Mountain that exceed the current grade of the Florida Mountain resource estimate.

"Yet again, we are pleased to report more high-grade gold and silver at Florida Mountain. Drilling at Florida Mountain continues to demonstrate both the high-grade resource potential below the existing resource estimate as well as further in-pit high-grade optimization potential within the 2019 resource pit shell. Long runs of high-grade within the bulk tonnage resource, as demonstrated today in drill hole FME-21-115, suggest further optimization of the bulk tonnage resource is possible. In addition, the Company continues to test the high-grade vein system at depth below Florida Mountain with 10 intercepts reported today from 3 of the main vein structures. These high-grade intercepts provide further support in the evaluation of a potential high-grade, underground exploration program at Florida Mountain in the future," noted George Salamis, Integra's President and CEO. "Delineation of prospective high-grade resources at depth at Florida Mountain and the transition of these high-grade resources to a future mine plan, subject to further studies, could add to the already strong project economics demonstrated in past studies regarding open pit mining of bulk tonnage, low-grade gold and silver."

Florida Mountain:

The following table highlights selected intercepts from Florida Mountain drill results announced today:
Drill Hole From (m) To (m) Interval (m) g/t Au g/t Ag g/t AuEq
FME-21-115 2.44 95.10 92.66 3.15 16.63 3.36
including 23.77 25.30 1.53 68.88 135.00 70.62
including 83.21 90.22 7.01 23.25 70.04 24.15
including 84.73 86.26 1.53 67.16 208.00 69.84
including 87.78 89.00 1.22 28.44 40.14 28.96
FME-21-115 126.49 127.41 0.92 0.80 173.00 3.03
FME-21-115 276.15 277.83 1.68 1.72 286.00 5.40
FME-21-117 12.50 35.36 22.86 0.80 68.77 1.69
FME-21-119 43.13 53.65 10.52 3.06 24.70 3.37
including 52.43 53.65 1.22 22.67 186.00 25.06
FME-21-119 199.34 242.93 43.59 0.87 24.64 1.18
including 242.32 242.93 0.61 5.25 341.00 9.64
Drill Hole From (m) To (m) Interval (m) g/t Au g/t Ag g/t AuEq
FME-21-119 277.83 291.60 13.77 0.58 95.28 1.81
including 277.83 278.44 0.61 6.77 793.00 16.97
including 280.57 280.87 0.30 5.61 544.00 12.61
including 290.47 291.60 1.13 1.51 344.00 5.94
FME-21-120 12.80 109.73 96.93 0.46 12.06 0.61
including 104.24 109.73 5.49 2.85 50.03 3.49
FME-21-121 0.00 20.42 20.42 0.96 83.50 2.04
FME-21-121 17.68 18.90 1.22 4.78 51.22 5.44
FME-21-122 0.00 95.71 95.71 0.93 8.77 1.04
FME-21-123 0.00 16.46 16.46 0.20 38.13 0.69
including 6.71 10.06 3.35 0.21 128.00 1.86
FME-21-123 210.01 242.77 32.76 0.61 6.92 0.70
FME-21-123 282.55 290.17 7.62 0.26 28.31 0.62
including 285.60 286.06 0.46 0.85 158.00 2.88
FME-21-124 0.00 89.92 89.92 0.35 10.03 0.48
FME-21-125 49.07 93.88 44.81 1.07 8.15 1.18
including 72.54 83.36 10.82 3.95 20.02 4.21
including 81.08 81.99 0.91 22.46 22.42 22.75
FME-21-126 189.28 241.40 52.12 0.27 5.67 0.34
FME-21-126 359.73 360.03 0.30 0.92 200.00 3.49
FME-21-127 0.00 98.45 98.45 0.79 18.51 1.03
including 74.07 95.40 21.33 2.20 35.57 2.65
including 77.11 78.64 1.53 4.86 338.00 9.21


(1) Downhole thickness; true width varies depending on drill hole dip; most drill holes are aimed at intersecting the vein structures close to perpendicular therefore true widths are close to downhole widths (approximately 70% conversion ratio)
(2) Gold equivalent = g Au/t + (g Ag/t ? 77.70)
(3) Intervals reported are uncapped

To view a cross section of Florida Mountain, click on the link below:
https://www.integraresources.com/site/assets/files/2572/fm_h…

To view a drill plan map of Florida Mountain, click on the link below:
https://www.integraresources.com/site/assets/files/2572/dril…

The drill results announced today include both broad lower-grade intercepts within the overlying felsic volcanics which fall within the 2019 Preliminary Economic Assessment ("PEA") conceptual open pit and narrower higher-grade intercepts within the underlying granite. Together with the higher-grade intercepts from these holes, some which were reported previously, today's results continue to demonstrate the continuity of grade within the deeper high-grade vein systems which could become the focus of a concerted underground drill program if warranted in the future. Approximately 10 of the high-grade intercepts reported today are from the three veins which comprise the Alpine Vein Zone with several additional intercepts from the Trade Dollar-Black Jack Vein Zone.

The Company is of the belief that at some stage in the future, a transition to high-grade underground exploration could provide immense benefits to the overall economics of the Project.

Current Drill Status

The Company has completed its drill program at War Eagle and currently has 1 drill rig in operation at the DeLamar Project testing the high-grade target below Florida Mountain.

PFS Timing

The Pre-feasibility Study ("PFS") for the DeLamar Project is on schedule to be completed in Q4 2021. As previously disclosed, the PFS will detail increased throughputs at the heap leach pad and mill. This larger scope is expected to result in a 50% or greater increase in the gold equivalent production profile over a longer time-frame relative to the 2019 PEA which showed 124,000 oz AuEq per year over 10 years.

[KMST]

Integra Intersects 1.51 g/t AuEq Over 160.33 m, 1.50 g/t AuEq Over 115.52 m and 12.85 g/t AuEq Over 5.19 m at Sullivan Gulch

12:30 Uhr | GlobeNewswire

Drill results from Sullivan Gulch located at the DeLamar Deposit include:
IDM-21-201
0.66 grams per tonne ("g/t") gold ("Au") and 65.92 g/t silver ("Ag") (1.51 g/t gold equivalent ("AuEq")) over 160.33 meters ("m")
Including 1.32 g/t Au and 286.00 g/t Ag (5.00 g/t AuEq) over 1.52 m
Including 2.20 g/t Au and 217.00 g/t Ag (4.99 g/t AuEq) over 3.04 m
Including 0.55 g/t Au and 342.00 g/t Ag (4.95 g/t AuEq) over 1.98 m
Including 5.11 g/t Au and 63.25 g/t Ag (5.92 g/t AuEq) over 1.53 m

IDM-21-202
0.55 g/t Au and 34.51 Ag (1.00 g/t AuEq) over 124.06 m
Including 1.59 g/t Au and 466.00 g/t Ag (7.59 g/t AuEq) over 1.53 m
Including 0.29 g/t Au and 444.00 g/t Ag (6.01 g/t AuEq) over 1.52 m

IDM-21-203
12.04 g/t Au and 63.02 g/t Ag (12.85 g/t AuEq) over 5.19 m
0.66 g/t Au and 65.51 g/t Ag (1.50 g/t AuEq) over 115.52 m
Including 0.27 g/t Au and 606.00 g/t Ag (8.07 g/t AuEq) over 1.52 m
Including 1.74 g/t Au and 606.00 g/t Ag (9.54 g/t AuEq) over 1.53 m
Including 4.55 g/t Au and 339.87 g/t Ag (8.93 g/t AuEq) over 4.57 m
Including 6.65 g/t Au and 11.38 g/t Ag (6.80 g/t AuEq) over 1.52 m
These drill results were completed as part of a metallurgical drill program designed to further optimize unoxidized material from Sullivan Gulch for future studies.
Drilling to date at Sullivan Gulch has delineated mineralization extending over a strike length of 1,000 m with a width of 200 m and a depth of 350 m.
The PFS remains scheduled for completion in Q4 2021.
To view a video of President and CEO George Salamis discussing the drill results, click on the following link:

VANCOUVER, British Columbia, Oct. 21, 2021 -- Integra Resources Corp. ("Integra" or the "Company") (TSX-V: ITR; NYSE American: ITRG) is pleased to announce drill results from an ongoing metallurgical drill program at the DeLamar Project ("DeLamar" or the "Project"). The drill results announced today are from Sullivan Gulch, a target east-southeast of the DeLamar Deposit. Metallurgical drilling at Sullivan Gulch has been designed to further optimize and potentially include additional mineralized material from Sullivan Gulch in future studies.

"Sullivan Gulch continues to be an exciting target for the Company, typically characterized by long widths of well-distributed mineralization. While a portion of mineralized material from Sullivan Gulch will be included in the upcoming Pre-feasibility Study, this drill program was designed to further understand the metallurgy at Sullivan Gulch and demonstrate the potential to add additional mineralized material from Sullivan Gulch to future studies on the DeLamar Project," stated George Salamis, Integra's President and CEO. "Sullivan Gulch remains open at depth and along strike to the south. The potential inclusion of additional mineralized material from Sullivan Gulch, subject to further optimization work, has the potential to increase future production profiles and mine life. Today's drill results, along with drill results released in 2018 and 2019 from Sullivan Gulch, continue to showcase consistent runs of more than 100 m grading over 1 g/t AuEq."

[KMST]

Integra Increases Scope of Pre-Feasibility Study, Aiming at Larger Production Profile and Increased Silver Production at DeLamar, Pre-Feasibility Study Expected in Q4 2021

- The Company has increased the scope of the Pre-feasibility Study ("PFS"), aiming at a 32,000 to 35,000 tonnes per day ("tpd") heap leach facility and an 8,000 to 10,000 tpd mill facility.

- The augmented scope and increased throughput at DeLamar, subject to on-going studies, is expected to result in a 50% or greater increase in gold and silver production profile over a longer time-frame relative to the 2019 Preliminary Economic Assessment ("PEA") which showed 124,000 oz gold equivalent ("AuEq") per year over 10 years.

- The larger milling scenario will accommodate additional unoxidized material from DeLamar that was excluded from the 2019 PEA and allow the Company to produce additional silver ounces.

- In the PEA, silver accounted for approximately 18% of the overall economics of the project; however, with a larger mill proposed in the PFS, the Company now anticipates a much greater percentage of project economics to be driven by higher silver recoveries and production.

- The Company's Board of Directors recently met with Governor Brad Little of Idaho who expressed his support of mining in Idaho.

- The PFS remains scheduled for completion in Q4 2021.



VANCOUVER, British Columbia, Oct. 06, 2021 -- Integra Resources Corp. ("Integra" or the "Company") (TSX-V: ITR; NYSE American: ITRG) is pleased to provide an update on the Company's PFS which is expected to be completed in Q4 2021. As previously reported, the Company has been working on a series of trade-off studies to optimize both the heap leach and mill processing circuits. This work was aimed at incorporating a significant portion of the unoxidized resource from the DeLamar deposit which was excluded in the 2019 PEA and improving the silver recoveries.

The results of column leach tests completed on Florida Mountain oxide and transition material in Q2 have indicated that 0.5 inch crush provides the most economic feed size for the Florida Mountain heap leach circuit. While column leach testing has recently commenced on samples for DeLamar, the Company sees scope to increase the heap leach circuit to between 32,000 and 35,000 tpd from the 27,000 tpd contemplated in the PEA.

In addition, extensive metallurgical testing of the DeLamar unoxidized material has demonstrated that a portion of this resource can be processed through a larger mill with a similar flowsheet to that used in the PEA. Consequently, the Company is considering an 8,000 to 10,000 tpd mill in the PFS as compared to the 2,000 tpd plan in the PEA. The potential increase in mill processing capacity, subject to on-going studies, is expected to result in a 50% or greater increase in gold and silver production profile than that considered in the 2019 PEA.

"In undertaking a Pre-feasibility study at DeLamar, Integra looked to increase the project's production profile relative to the already robust 2019 PEA," stated George Salamis, President and CEO of Integra. "The Company specifically set its sights on larger production profiles and greatly enhanced potential revenue streams from silver production, given the large untapped silver resource base that exists on the project, in addition to a large gold resource base. We view DeLamar as 'many-projects-in-one' due to the optionality in both mining and processing options at the Project. The optionality and expansion capability of our Project, a key factor in our decision to acquire DeLamar nearly 4 years ago, will become clear in the upcoming PFS study that we expect to deliver in Q4 of this year.

It should be noted that the Company does anticipate an increase in capex for the upcoming PFS; however, the expectations are that the increase in capex will be in-line with the larger production profile presented. The increase in capex will be primarily driven by a larger production scenario to increase the annual production profile, as well increased costs of raw materials. Integra's commitment to responsible mining will also be prevalent in the PFS, including solutions to decrease carbon emissions through alternative transportation options for mineralized material and the use of renewable power for operation.

Lastly, George Salamis stated, "It was a pleasure to recently meet with Idaho's Governor, Brad Little, to update him and his staff on our on-going studies at DeLamar. The Governor's support of responsible mining development opportunities in Idaho is encouraging and welcomed."

Idaho Support of Mining

In August, the Integra Board of Directors had a technical meeting in Boise, Idaho to discuss the PFS and exploration program. While in Boise, the Company had the opportunity to meet with Governor Brad Little. During the meeting, Integra management discussed progress at the DeLamar project and the upcoming permitting process. Governor Little expressed his support for the project moving forward, noting, "We're the Gem State for a reason, and there's never been a more exciting timing for Idaho to realize the potential of our diverse mineral resources. The building of responsible mines is a priority for the state, especially those with the potential to be strong contributors to their counties and communities."

Metallurgy

The Company continues to complete extensive metallurgical testing on the DeLamar and Florida Mountain deposits, including oxide and transitional mineralization column leach tests for heap leaching and optimization testwork on unoxidized material for the mill. Mill testwork has covered a myriad of processing options including flotation optimization, regrind and leach optimization, pre-aeration, cyanide detoxification, solid and liquid separation, comminution options, quick mineral scans and high-pressure grinding rollers ("HPGR") for crushing.

Regarding heap leach testwork, all column leach tests for Florida Mountain are now complete, with the oxide composites complete and the final assays in process for the transitional composites. In general, the 0.5 inch heap leach feed appears to economically outperform both 2 inch and 0.25 inch. DeLamar column leach composites are on-line.

Economic Contribution of Silver

Due to the larger milling scenario contemplated in the PFS, the Company expects to derive a larger percentage of economic contribution from an increase in silver ounces in the PFS. In the 2019 PEA, silver accounted for only 18% of the total project forecasted economics. Since silver recoveries averaged 80% for the Florida Mountain mill in the PEA versus 34% on the heap leach pad, increased throughput at the mill focussed on unoxidized material with higher silver content has the potential to significantly increase silver recoveries and silver derived revenues. These increased silver recoveries, in addition to gold, have the potential to positively impact the economics of the project and provide exposure to long-term silver prices.

Current Drill Status

The Company currently has 2 drill rigs in operation, with one positioned at Florida Mountain and a second drill at War Eagle.

Sampling and QA/QC Procedure

Thorough QA/QC protocols are followed on the Project, including insertion of duplicate, blank and standard samples in the assay stream for all drill holes. The samples are submitted directly to American Assay Labs in Reno, Nevada for preparation and analysis. Analysis of gold is performed using fire assay method with atomic absorption (AA) finish on a 1 assay ton aliquot. Gold results over 5 g/t are re-run using a gravimetric finish. Silver analysis is performed using ICP for results up to 100 g/t on a 5 acid digestion, with a fire assay, gravimetric finish for results over 100 g/t silver.

[KMST]

Integra Resources Announces US$15 Million Bought Deal Financing

13.09.2021 | GlobeNewswire

VANCOUVER, Sept. 13, 2021 - Integra Resources Corp. ("Integra" or the "Company") (TSX-V:ITR; NYSE American:ITRG) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 5,900,000 common shares of the Company (the "Common Shares") at a price of US$2.55 per Common Share (the "Issue Price"), for total gross proceeds of US$15,045,000 (the "Offering"). The Company will also grant to the Underwriters an over-allotment option (the "Over-Allotment Option") to purchase up to 885,000 additional Common Shares at the Issue Price. The Over-Allotment Option will be exercisable in whole or in part at any time for a period ending 30 days following the closing.

The Company filed a preliminary prospectus supplement on September 13, 2021 (the "Preliminary Supplement") to its short form base shelf prospectus dated August 21, 2020 (the "Base Shelf Prospectus"). The Company intends to file a final prospectus supplement (the "Final Supplement" and, together with the Preliminary Supplement, the "Supplements") to its Base Shelf Prospectus on or about September 14, 2021. The Supplements will be filed with the securities regulatory authorities in each of the provinces and territories of Canada, except Qu?bec. The Supplements will also be filed with the United States Securities and Exchange Commission ("SEC") as part of the Company's Registration Statement on Form F-10 (File No. 333-242483) (the "Registration Statement") in accordance with the Multijurisdictional Disclosure System established between Canada and the United States.

The Company intends to use the net proceeds to fund exploration and development expenditures at the DeLamar Project and for working capital and general corporate purposes.

The Offering is expected to close on or about September 17, 2021, subject to customary closing conditions, including receipt of all necessary approvals including the approvals, of the TSX Venture Exchange and NYSE American.

[KMST]

Integra Intersects High-Grade Gold-Silver in Ten Additional Drill Holes at Florida Mountain

Integra Intersects High-Grade Gold-Silver in Ten Additional Drill Holes at Florida Mountain: 12.50 G/T Gold and 156.92 g/t Silver (14.52 g/t AuEq) Over 9.39 m, Including 73.25 g/t Au and 427.00 g/t Ag (78.75 g/t AuEq) Over 1.52 m


Florida Mountain drill highlights released today include:

Drill hole FME-21-125
3.13 grams per tonne ("g/t") gold ("Au") and 104.08 g/t silver ("Ag") (4.47 g/t gold equivalent ("AuEq")) over 31.24 m
Including 6.17 g/t Au and 87.60 g/t Ag (7.30 g/t AuEq) over 0.91 m
Including 49.90 g/t Au and 1,622.00 g/t Ag (70.78 g/t AuEq) over 1.52 m
Drill hole FME-21-127
24.64 g/t Au and 295.31 g/t Ag (28.44 g/t AuEq) over 5.18 m
Including 103.94 g/t Au and 1,202.39 g/t Ag (119.41 g/t AuEq) over 1.22 m
Drill hole FME-21-130
12.50 g/t Au and 156.92 g/t Ag (14.52 g/t AuEq) over 9.39 m
Including 73.25 g/t Au and 427.00 g/t Ag (78.75 g/t AuEq) over 1.52 m
Drill hole FME-21-135
2.55 g/t Au and 860.68 g/t Ag (13.62 g/t AuEq) over 5.94 m
Including 13.45 g/t Au and 4,617.00 g/t Ag (72.87 g/t AuEq) over 1.10 m
Drill hole FME-21-122
3.66 g/t Au and 18.60 g/t Ag (3.90 g/t AuEq) over 17.98 m
Including 31.89 g/t Au and 43.91 g/t Ag (32.45 g/t AuEq) over 1.68 m
Drill hole FME-21-123
1.40 g/t Au and 7.15 g/t Ag (1.50 g/t AuEq) over 10.67 m
Including 6.18 g/t Au and 17.21 g/t Ag (6.40 g/t AuEq) over 1.52 m
Drill hole FME-21-124
0.63 g/t Au and 11.13 g/t Ag (0.77 g/t AuEq) over 23.47 m
0.87 g/t Au and 23.94 g/t Ag (1.18 g/t AuEq) over 10.21 m
Drill hole FME-21-113
0.62 g/t Au and 18.21 g/t Ag (0.85 g/t AuEq over 34.75 m
Including 3.48 g/t Au and 111.64 g/t Ag (4.92 g/t AuEq) over 3.05m
Drill hole FME-21-114
0.70 g/t Au and 58.37 g/t Ag (1.45 g/t AuEq) over 23.47 m
Including 1.11 g/t Au and 273.42 g/t Ag (4.63 g/t AuEq) over 2.74 m

The drill holes released today cover a strike length of 400 m and occur on multiple high-grade gold-silver shoots and veins, both within and outside the bulk-tonnage resource at Florida Mountain. These intercepts further validate the geological model for drilling and predicting these high-grade structures and continue to demonstrate the potential for high-grade resource expansion below Florida Mountain.
To date, the Company has intercepted 92 drill hits over 4.0 g/t AuEq with a minimum width of 1.52 m at Florida Mountain, the majority occurring outside the bulk-tonnage resource.
Two drill rigs are currently in operation at the DeLamar Deposit. The Company expects to start drilling at the War Eagle target in the coming weeks.
The Pre-feasibility Study ("PFS") remains scheduled for completion in Q4 2021.
To view a video of President and CEO George Salamis discussing the drill results, click on the following link:

VANCOUVER, British Columbia, Aug. 31, 2021 -- Integra Resources Corp. ("Integra" or the "Company") (TSX-V: ITR; NYSE American: ITRG) is pleased to announce multiple high-grade gold-silver drill results from the Florida Mountain Deposit, located on the DeLamar Project in southwestern Idaho. The drill holes announced today continue to demonstrate high-grade gold-silver mineralization below the Florida Mountain Deposit. The drill results released today cover a strike length of 400 m in the north-south direction and further display the strong vein continuity present at Florida Mountain. The Company believes that further drilling at Florida Mountain has the potential to delineate a high-grade resource that could potentially compliment the economically robust bulk-tonnage operation outlined in the Company's 2019 Preliminary Economic Assessment ("PEA").

"Today's high-grade gold-silver drill results are some of the thickest and best grades released to date by Integra. Consistent high-grade drill intercepts at Florida Mountain are showing strong continuity across multiple vein structures. Over the last three years we have intersected 92 high-grade gold-silver hits over 4.0 g/t AuEq covering strike lengths of 1,300 meters and depth extents of up to 400 m. The significance of this deeper drilling continues to demonstrate the resource expansion potential below Florida Mountain," noted George Salamis, Integra Resources' President and CEO. "Our targeted high-grade hit-rate in drilling is now 70% and is indicative of a thorough and increasing understanding of structural and geological controls of these veins and shoots."

George Salamis continued, "It is evident that high-grade gold-silver resource potential occurs below the existing bulk tonnage, low grade, pit-constrained gold-silver resource that is currently the focus of a PFS expected in Q4 of this year. Integra will continue to pursue high-grade exploration from surface; however, if warranted and supported by additional internal studies and further drilling, the Company may seek to evaluate the possibility of transitioning to underground exploration at Florida Mountain if it appears strongly advantageous. The concept of potentially adding high-grade resources to a larger, bulk-tonnage mining scenario like the one presented in the PEA, could have the potential to further complement and possibly enhance the future economics and/or production profile of the Project."

[TommyX11]

Integra Resources Intersects High Grade Gold-Silver at Florida Mountain

There are some holes

34.46 g/t gold equivalent (“AuEq”)) over 1.52 meters (“m”)
(48.67 g/t AuEq) over 1.25 m


https://www.juniorminingnetwork.com/junior-miner-news/press-…

[TommyX11]

The PFS Is A Potential Game-Changer

https://seekingalpha.com/article/4416703-integra-resources-p…

[KMST]

Integra Resources Announces High-Grade Gold and Silver Discoveries in the BlackSheep District, Including 351.0 g/t Ag and 1.48 g/t Au (5.99 g/t AuEq) over 3.05 m and 0.44 g/t Au and 77.60 g/t Ag (1.43 g/t AuEq) over 78.94 m

12:00 Uhr | GlobeNewswire

Results of the initial 4 drill holes from Georgianna, Lucky Days and Milestone, targets within the BlackSheep District, have intersected thick sections of low-sulphidation epithermal gold-silver mineralization, including several high-grade intercepts. BlackSheep is a 30 square kilometer under-explored district that represents a new area of resource exploration potential several kilometers northwest of the DeLamar Deposit.
Drill highlights from the Georgianna and Lucky Days targets, in the BlackSheep District, include:
Drill hole IGE-20-002
0.66 grams per tonne ("g/t") gold ("Au") and 117.25 g/t silver ("Ag") (2.17 g/t gold equivalent ("AuEq")) over 10.67 meters ("m"), including 1.48 g/t Au and 351.00 g/t Ag (5.99 g/t AuEq) over 3.05 m
Broader low-grade intercepts include 0.30 g/t Au and 10.87 g/t Ag (0.44 g/t AuEq) over 41.76 m
The Company intersected one of the highest-grade intercepts to date from the Milestone Deposit situated at the base of the existing resource and interpreted as indicating the location of the postulated higher-grade 'feeder zone' below, with highlights including:
Drill hole IMS-20-015
0.44 g/t Au and 77.60 g/t Ag (1.43 g/t AuEq) over 78.94 m
Including 0.38 g/t Au and 488.00 g/t Ag (6.66 g/t AuEq) over 1.52 m;
Including 0.28 g/t Au and 290.82 g/t Ag (4.02 g/t AuEq) over 1.68 m;
Including 0.39 g/t Au and 288.00 g/t Ag (4.10 g/t AuEq) over 1.52 m;
Including 1.12 g/t Au and 176.00 g/t Ag (3.39 g/t AuEq) over 1.83 m;
Including 3.11 g/t Au and 172.00 g/t Ag (5.32 g/t AuEq) over 2.59 m.
The BlackSheep District has seen very minimal modern exploration, despite the strong potential for gold-silver mineralization identified by the Company's exploration team. Indications of potential near-surface high-level epithermal gold-silver mineralization include silica sinter and hydrothermal breccia cut by epithermal quartz veins with shallow historic workings.

The Company currently has two drill rigs operating in its first winter exploration drill program. One drill rig continues to test blue-sky exploration targets in BlackSheep while the second is drilling high grade gold-silver at Florida Mountain, well outside of the resource boundary.

A video summary of today's news release is available by clicking the following link:
VANCOUVER, British Columbia, Feb. 18, 2021 -- Integra Resources Corp. ("Integra" or the "Company") (TSX-V: ITR; NYSE American: ITRG) is pleased to announce multiple gold-silver discoveries at the DeLamar Project, situated in southwestern Idaho. These discoveries have been made in the BlackSheep District, a 30 square kilometer land package acquired by Integra in 2019, and located immediately north-northwest of the DeLamar Deposit.

"We are very pleased to announce multiple new gold-silver discoveries in the BlackSheep District. BlackSheep is a recently acquired 30 square kilometer land package that extends on a district-scale trend of mineralization to the north-northwest of the DeLamar Deposit. Numerous shallow historic workings are indicative of the gold-silver potential of the area; however, only very limited modern exploration has taken place. Today's results strongly highlight the exciting potential for a new zone of gold-silver mineralization at the DeLamar Project, and this potential cannot be understated," noted George Salamis, Integra Resources' President and CEO. "The BlackSheep District is host to large surface soil geochemical and geophysical anomalies that have similar signatures to the DeLamar and Florida Mountain Deposits, including the same host lithologies and structural characteristics. Encountering both narrow high-grade gold-silver intercepts and large low-grade gold-silver intercepts in the first 4 drill holes of the exploration campaign suggests the presence of several large, prospective mineralized systems within the District. In all 4 drill holes, the Company intersected intense sulphide mineralization and significant veining, brecciation and alteration, as evidenced by the drill core photos included in this news release. The grades and widths reported in today's results are particularly exciting as they show gold and silver grades that are substantially above the cut-off grades used in the 2019 resource estimate at the Project. More drilling is planned at multiple targets within the BlackSheep District aimed at further discovery and definition of the extent of gold-silver mineralization."

[KMST]

Antwort auf Beitrag Nr.: 66.001.994 von TommyX11 am 09.12.20 15:40:57

5m from surface 😜

[TommyX11]

Die heute Meldung ist gut genug gar nicht zu bewerten - ich bin überrascht wie wenig Rückmeldung sie findet - ich mein 20g/t über 30m ???!?!?!

Das Deposit sieht nun sehr nach einer Mine aus.


Integra Resources Drills 4.53 g/t Au and 262.67 g/t Ag over 85.35 m at Florida Mountain (Idaho), including 11.74 g/t Au and 652.45 g/t Ag Over 30.48 m

[KMST]

Wahnsinn 💵💵💵💵💵


Integra Resources Intersects 4.53 g/t Gold and 262.67 g/t Silver Over 85.35 m at Florida Mountain, Including 11.74 g/t Gold and 652.45 g/t Silver Over 30.48 m
12:00 Uhr | GlobeNewswire
• Integra continues to intersect high-grade gold-silver vein mineralization at Florida Mountain. Highlight intercepts include:
○ Drill Hole FME-20-085 (Within and below existing resource estimate)
▪ 4.53 grams per tonne (“g/t”) gold (“Au”) and 262.67 g/t silver (“Ag”) (7.91 g/t gold equivalent (“AuEq”)) over 85.35 meters (“m”)
• Including 11.74 g/t Au and 652.45 g/t Ag (20.14 g/t AuEq) over 30.48 m
○ Drill Hole FME-20-086 (50 m beneath existing resource estimate)
▪ 0.55 g/t Au and 18.16 g/t Ag (0.79 g/t AuEq) over 123.14 m
• Including 9.98 g/t Au and 16.43 g/t Ag (10.19 g/t AuEq) over 1.22 m
○ Drill Hole FME-20-087 (230 m beneath existing resource estimate along the Alpine Vein)
▪ 1.76 g/t Au and 347.37 g/t Ag (6.23 g/t AuEq) over 1.37 m
○ Drill Hole FME-20-088 (220 m beneath the existing resource estimate along the Trade Dollar Vein)
▪ 13.36 g/t Au and 13.04 g/t Ag (13.53 g/t AuEq) over 2.44 m
○ Drill Hole FME-20-091 (30 m south of existing resource estimate)
▪ 2.36 g/t Au and 2.38 g/t Ag (2.39 g/t AuEq) over 30.93 m
• Including 14.49 g/t Au and 9.94 g/t Ag (14.62 g/t AuEq) over 3.96 m
○ Drill Hole FME-20-093 (250 m south of existing resource estimate)
▪ 8.61 g/t Au and 479.00 g/t Ag (14.78 g/t AuEq) over 1.61 m


• Multiple intercepts reported in today’s results occurred beneath and/or to the south of the existing NI 43-101 Resource Estimate at Florida Mountain, demonstrating the strong potential for resource expansion to the south of the current resource as well as at depth.
• To date Integra has drilled 20 drill holes at Florida Mountain specifically targeting high-grade shoots. Of these 20 drill holes, 13 have intersected significant high-grade gold-silver mineralization.
• Three exploration drill rigs are currently in operation at DeLamar, with one rig at each of Florida Mountain, Milestone and Blacksheep/Georgianna.
• A video summary of today’s news release is available by clicking the following link:
○

VANCOUVER, British Columbia, Dec. 09, 2020 -- Integra Resources Corp. (“Integra” or the “Company”) (TSX-V:ITR; NYSE American: ITRG) is pleased to announce further exploration results from the 2020 Florida Mountain exploration program at the DeLamar Project, situated in Owyhee County in southwest Idaho. The drill results outlined today continue to underscore the strong exploration potential that exists in near-deposit targets at Florida Mountain.

“Florida Mountain continues to demonstrate potential for both low-grade, heap-leachable resource expansion as well as the potential for a high-grade resource below and within the existing NI 43-101 Resource Estimate. Drilling has intersected significant mineralization outside the known resource, potentially increasing the resource footprint by approximately 300 meters to the south. Drilling through the current resource envelope at Florida Mountain has also encountered multiple shoots of higher-grade material that could potentially positively affect the economics of the Project,” commented George Salamis, President and CEO of Integra Resources. “The hit-rate of high-grade gold and silver in drill sections outside of the known resource boundary, in the form of plunging shoots and vein extensions, is over 60 %, an impressive rate for exploration that validates the geological model developed by the exploration team. Furthermore, additional data from drilling at Florida Mountain continue to strengthen the geological model and controls of high-grade distribution and should result in continued drilling success.” Mr. Salamis continued, “The Company is also excited about the winter drill program in new areas such as Georgianna, where low-grade disseminated gold-silver mineralization and high-grade vein-type mineralization has been recently sampled at surface during the 2020 field exploration program. The Georgianna area, in particular, bears remarkable resemblance to the neighboring DeLamar Deposit situated 3 km to the southeast, with similar anomalous geophysical and soil geochemistry signatures and geological attributes.”

[KMST]

so heute nachgekauft. von mir aus kann es wieder los gehen...
ich hab jetzt für den goldsektor 0 euro mehr übrig^^

[KMST]

Ein schönes Ding und richtig weites step out mit 400m

[TommyX11]

Integra Intersects 24.20 g/t Gold and 655.06 g/t Silver Over 7.62 m 400 m North of 2019 Drilling at War Eagle

Wow, super Ergebnisse von Integra.


x 24.20 grams per tonne (“g/t”) gold (“Au”) and 655.06 g/t silver (“Ag”) (32.63 g/t gold equivalent (“AuEq”)) over 7.62 meters (“m”)
- Including 98.01 g/t Au and 2,782.13 g/t Ag (133.82 g/t AuEq) over 1.77 m

x 21.85 g/t Au and 76.39 g/t Ag (22.84 g/t AuEq) over 1.52 m

https://www.globenewswire.com/news-release/2020/11/19/212988…

[KMST]

Integra Resources Intersects 16.73 g/t AuEq Over 6.25 m Within 2.82 g/t AuEq Over 87.48 m at Florida Mountain
12:30 Uhr | GlobeNewswire

Integra continues to intersect high-grade gold and silver at Florida Mountain. Highlight intercepts include:
Drill Hole FME-20-084
1.51 grams per tonne (“g/t”) gold (“Au”) and 102.12 g/t silver (“Ag”) (2.82 g/t gold equivalent (“AuEq”)) over 87.48 meters (“m”)
Including 8.91 g/t Au and 607.55 g/t Ag (16.73 g/t AuEq) over 6.25 m
Including 7.57 g/t Au and 652.54 g/t Ag (15.96 g/t AuEq) over 1.37 m
Drill Hole FME-20-80
11.75 g/t Au and 1,951.88 g/t Ag (36.87 g/t AuEq) over 1.68 m
Including 25.29 g/t Au and 3,841.14 g/t Ag (74.73 g/t AuEq) over 0.76 m
Drill Hole FME-20-081
11.07 g/t Au and 1,480.13 g/t Ag (30.12 g/t AuEq) over 0.61 m

Five drill holes representing approximately 1,500 m of the 7,000 m exploration drill program at the Florida Mountain Deposit intersected significant high-and-low-grade gold and silver mineralization both within and below the existing NI 43-101 resource boundary. Approximately, 2,625 m remain to be drilled at Florida Mountain.

Large geophysical anomaly recently discovered through Induced Polarization (“IP”) Geophysical surveys immediately west of Florida Mountain in an area that has seen very limited historic drill testing.

The Company has completed 2,800 m of metallurgical drilling to date in 2020 to characterize recovery variability within oxide and transitional mineralization. Data from this program is currently being used to optimize processing options at DeLamar and Florida Mountain, and advance metallurgical knowledge toward a pre-feasibility level on both Deposits. Results of note in this drilling include:
Drill Hole IDM-20-165
17.45 g/t Au and 56.22 g/t Ag (18.18 g/t AuEq) over 2.29 m
Drill Hole IDM-20-172
0.30 g/t Au and 61.30 g/t Ag (1.09 g/t AuEq) over 92.81 m

Two exploration drill rigs are currently in operation at Florida Mountain, and a third exploration drill rig is currently drill testing high-grade targets at War Eagle. Assays are pending for both targets.

[KMST]

Integra Resources Closes US$23 Million Bought Deal Financing

Vancouver, September 14, 2020 – Integra Resources Corp. (“Integra” or the “Company”) (TSX-V:ITR; NYSE American:ITRG) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering, Integra issued 6,785,000 common shares of the Company (the “Common Shares”), including 885,000 Common Shares issued in connection with the exercise in full of the over-allotment option granted to the Underwriters (as defined below) in connection with the Offering, at a price of US$3.40 per Common Share for gross proceeds of US$23,069,000.

The Offering was completed through a syndicate of underwriters led by Raymond James Ltd., and including Cormark Securities Inc., National Bank Financial Inc., PI Financial Corp., Roth Capital Partners, LLC, and Stifel Nicolaus Canada Inc. (collectively the “Underwriters”). The Underwriters received a cash commission equal to 5.5% of the gross proceeds of the Offering (other than from the issue and sale of the Common Shares to certain purchasers on a president’s list and Coeur Mining, Inc., for which a 2.75% cash commission was paid). The Company also paid a 3% finder’s fee in connection with certain purchasers from the president’s list.

Coeur Mining, Inc., which held approximately 4.8% of the issued and outstanding common shares of Integra prior to the Offering, exercised its participation right and has additionally increased its ownership to approximately 5.6% through the purchase of a total of 735,294 Common Shares in the Offering.

The Company filed a preliminary prospectus supplement on September 9, 2020 (the “Preliminary Supplement”) to its short form base shelf prospectus dated August 21, 2020 (the “Base Shelf Prospectus”). The Company filed a final prospectus supplement (together with the Preliminary Supplement, the “Supplements”) to its Base Shelf Prospectus on September 10, 2020. The Supplements were filed with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Supplements were also filed with the U.S. Securities and Exchange Commission as part of the Company’s Registration Statement on Form F-10 (File No. 333-242483) in accordance with the Multijurisdictional Disclosure System established between Canada and the United States.

The Company intends to use the net proceeds to fund exploration and pre-feasibility study expenditures at the DeLamar Project and for working capital and general corporate purposes.