Integra Provides Corporate Update

VANCOUVER, British Columbia, May 10, 2023 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased to provide an update on work programs and upcoming catalysts at its flagship assets located in the Great Basin, USA, as well a corporate update with respect to the proposed share consolidation. Integra is focused on achieving several key milestones in 2023, including an updated mineral resource estimate and the submission of the Mine Plan of Operations (“MPO”) at the DeLamar Project located in southwestern Idaho, as well as an updated mineral resource estimate and Preliminary Economic Study (“PEA”) at the Wildcat & Mountain View Projects, located in western Nevada.

The Company is pleased to host a corporate update webinar on Tuesday, May 16, 2023 at 8:00am PST/11:00am EST. The webinar will feature a presentation from Integra’s President, CEO and Director, Jason Kosec, as well as a live Q&A session. A recording of the webinar will be available on Integra’s corporate website. To register for the webinar, please use the following link:
https://us02web.zoom.us/webinar/register/WN_L5osfCkPQ66qZw9ZsB-O8w

Project Update:

DeLamar Project

• Integra recently completed a highly successful stockpile drilling program at DeLamar in April 2023. The program consisted of 321 holes, totalling 12,588 meters (“m”). Results from 9,089 m, representing 247 drill holes, have yet to be released. The Company will continue to release results from the stockpile drilling program as they are received from the lab.
  • Highlights from the drilling program include (refer to March 2023 press releases, gold equivalent (“AuEq”) = g/t gold (“Au”) + g/t silver (“Ag”) ÷ 77.7):
    • 76 m of 0.74 g/t AuEq (0.62 g/t Au and 9.54 g/t Ag)
    • 111 m of 0.59 AuEq (0.27 g/t Au and 24.60 g/t Ag)
    • 50 m of 0.67 g/t AuEq (0.34 g/t Au and 25.29 g/t Ag)
• Integra intends to release an updated mineral resource estimate for DeLamar in Q2 2023, incorporating results from the stockpile drilling program as well as additional drilling that was completed after the cut-off date for the previous mineral resource estimate.
• The Company expects to submit the MPO for DeLamar to the United States Bureau of Land Management (“BLM”) in Q4 2023. The submission of the MPO represents a significant milestone in the National Environmental Policy Act (“NEPA”) permitting process. Additional commentary on Integra’s permitting efforts and achievements at DeLamar is provided below.