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INTEGRA ANNOUNCES CONSISTENT SECOND QUARTER 2025 GOLD PRODUCTION RESULTS FROM FLORIDA CANYON MINE AND INCREASED CASH BALANCE TO US$63 MILLION

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INTEGRA ANNOUNCES CONSISTENT SECOND QUARTER 2025 GOLD PRODUCTION RESULTS FROM FLORIDA CANYON MINE AND INCREASED CASH BALANCE TO US$63 MILLION

 

 

 

 

 

Integra Resources Corp. (TSX-V: ITR) (NYSE: ITRG) is pleased to provide an interim operational update for the second quarter ended June 30, 2025. The Company plans to release its second quarter 2025 financial results after market close on Wednesday, August 13, 2025, followed by a conference call hosted by senior management on Thursday, August 14, 2025 at 11:00 AM Eastern Time / 8:00 AM Pacific Time.

 

(All amounts in United States dollars as at June 30, 2025, unless otherwise stated)

 

George Salamis, President, CEO and Director of Integra commented: “Florida Canyon continues to deliver on our expectations, generating meaningful cash flow to fund significant re-investment into the mine, while also supporting the Company’s broader growth strategy. As described in our 2025 guidance, between sustaining and growth capital, the Company plans to invest over ~$55 million into Florida Canyon this year – capital that not only supports near-term improvements but also positions the mine for long-term growth and profitability. Overall, we are very pleased with the consistent operational delivery from Florida Canyon and the momentum it is helping us build across the business.”

 

Second Quarter 2025 Florida Canyon Mine Operational Update

 

Florida Canyon Mine Operating Highlights  Unit1 Three Months Ended
June 30, 2025
Six Months Ended
June 30, 2025
Ore mined kt 3,075 6,096
Waste mined kt 2,966 4,765
Total mined kt 6,041 10,861
Strip ratio waste:ore 0.96 0.78
Crushed ore to pad kt 1,882 3,646
Run-of-mine (“ROM”) ore to pad kt 1,275 2,474
Total ore placed kt 3,157 6,120
Processed grade g/t Au 0.21 0.22
Gold recovery rate % 60.5 % 60.4 %
Gold produced oz 18,086 37,410
Gold sold oz 18,194 37,734
1.  Unit abbreviations: kt = 1,000 metric tonnes, g/t = grams per tonne, Au = gold, oz = troy ounce

 

The Florida Canyon Mine produced 18,086 ounces of gold and sold 18,194 ounces of gold during the second quarter 2025, in-line with the Company’s expectations. Consistent gold production was supported by the recovery of gold ounces placed on the Phase IIIa heap leach pad in the first and second quarters of 2025, as well as residual ounces leached from Phase I and II heap leach pads. The increased strip ratio during the second quarter 2025 is a result of increased capitalized waste stripping as part of the Company’s re-investment strategy at Florida Canyon, which was outlined in the Company’s 2025 guidance. During the second quarter 2025 construction of the Phase IIIb heap leach pad at Florida Canyon was initiated, with commissioning expected in late 2025.

 

Second Quarter 2025 Financial Position

 

Financial Position as of June 30, 2025 Unit1 
Cash and cash equivalents $m 63.0
1.  Unit abbreviations: $m = millions of U.S. dollars

Complete financial results for the second quarter 2025 will be reported and filed on Integra’s profile on SEDAR+ at www.sedarplus.ca and EDGAR profile at www.sec.gov on Wednesday, August 13, 2025.

 

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.

 

Posted July 17, 2025

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