Integra Resources Boosts Florida Canyon Gold Reserves by 74 Percent

The updated life-of-mine plan extends the operation’s horizon to eight years, with annual gold production expected to rise by 17 percent to approximately 82,000 ounces during active mining phases. By leveraging nearly two years of operational data and cost analysis, the company aims to solidify the mine's role as a consistent cash flow generator. Projections estimate 685,000 ounces of total gold sales over the life of the mine, supported by an after-tax net present value of $601 million.

While the mine is expected to produce significant capital to fund the advancement of Integra’s other projects, including the DeLamar and Nevada North sites, operational costs remain a focus. Site-level all-in sustaining costs are forecast to average $2,331 per ounce. The technical report, authored by Global Resource Engineering Ltd., incorporates a sliding scale of gold price assumptions ranging from $4,344 per ounce in 2026 to $3,600 per ounce through 2035.