INTEGRA RECEIVES FINAL APPROVAL OF EXPLORATION PLAN OF OPERATIONS FOR THE WILDCAT DEPOSIT, ADVANCING NEVADA NORTH PROJECT TOWARD PRE-FEASIBILITY STUDY
TSXV: ITR; NYSE American: ITRG
www.integraresources.com
The NEPA Decision Record, submitted by the
Highlights:
- Major Permitting Milestone: Approval of the Wildcat EPO marks a significant step forward in advancing Nevada North toward development.
- Expanded Operational Flexibility: The EPO allows for a significant increase in the scale and flexibility of permitted exploration disturbance, enabling more efficient and comprehensive exploration and site activities compared to prior, more limited exploration authorizations.
- Advancing Toward PFS and Advanced Permitting: Work is underway to advance Nevada North from the 2023 Preliminary Economic Assessment ("PEA") stage toward a Pre-Feasibility Study ("PFS"), targeted for completion in H2 2027.
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Strategic Location: Nevada North is located approximately 26 miles west of the
Florida Canyon Mine , highlighting potential future operational synergies and regional consolidation opportunities. -
Supportive
United States ("U.S.") Regulatory Environment: The approval underscores continued progress within a constructive permitting framework inNevada , one of the world's leading mining jurisdictions.
"The approval of the Exploration Plan of Operations for Wildcat is a pivotal milestone for Integra and a strong endorsement of the quality and potential of our
Importantly,
Nevada North Project Advancement
View the Nevada North 2023 PEA here:
View the Nevada North location map here:
Integra is currently advancing technical studies and baseline work to support a PFS, with completion targeted for the second half of 2027. The PFS is expected to incorporate updated resource models, optimized mine planning, and enhanced Project economics.
With the successful transition to gold production with the acquisition of the
About the Wildcat Exploration Plan of Operations
The approved EPO and Reclamation Permit provide a comprehensive framework for exploration and site activities at Wildcat, including the construction of drill roads and pads and the execution of expanded drilling programs. The Reclamation Permit includes an initial phase of disturbance, with provisions for additional phased expansion subject to bonding and regulatory requirements. Forthcoming modifications to the EPO will facilitate more in-depth hydrogeologic and other field studies that will build on preliminary data collected under notice-level authorization.
This expanded authorization represents a meaningful evolution from earlier, more limited exploration permits and is expected to materially improve the Company's ability to advance the Project efficiently.
About
Integra is a growing precious metals producer in the
ON BEHALF OF THE BOARD OF DIRECTORS
President, CEO and Director
CONTACT INFORMATION
Corporate Inquiries: ir@integraresources.com
Company website: www.integraresources.com
Office phone: 1 (604) 416-0576
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by
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
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: the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the Company's mineral properties including absence of any equipment or infrastructure failures; 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 Company's mineral properties economic; 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, labor 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
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 www.sedarplus.ca.
Cautionary Note for U.S. Investors Concerning Mineral Resources and Reserves
NI 43-101 is a rule of the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Technical disclosure contained in this news release has been prepared in accordance with NI 43-101 and the
Neither the
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