Integra Resources Corp. reported two substantial oxide gold intercepts at its Florida Canyon mine: a 138‑meter interval at 0.32 g/t Au and a 128‑meter interval at 0.36 g/t Au. The intercepts were obtained from reverse‑circulation, sonic, and core drilling conducted during the 2025 program and early 2026, and they demonstrate broad, continuous oxide mineralization within and adjacent to existing mining areas, including historical dump material and inter‑pit zones.
The company completed 16,009 m of drilling in the 2025 program and has planned an additional 42,500 m for 2026. The near‑surface nature of the intercepts means they can be integrated into the mine plan with minimal capital and haulage costs, a key advantage that could extend the mine’s life and support future production growth.
Florida Canyon produced 70,927 ounces of gold in 2025, generated $243.9 million in revenue, and reported $94.5 million in mine operating earnings and $47.3 million in adjusted earnings. Operating cash flow for the third quarter of 2025 was $35.6 million, with free cash flow of $20.2 million, underscoring the mine’s strong cash‑generating capacity.
Management highlighted the strategic importance of the new intercepts. "We are seeing a clear trend of growing near‑surface mineralization that has the potential to translate into a larger resource base and an extended mine life in our upcoming technical report expected to be completed in the third quarter of 2026," said President, CEO and Director George Salamis. He added that advancing these low‑strip, near‑surface opportunities represents a compelling pathway to deliver sustained production growth and long‑term value for shareholders.
The intercepts support Integra’s strategy of leveraging low‑strip, heap‑leach operations to maintain a strong cash‑flow position while expanding resources. By adding high‑grade, near‑mine oxide zones, the company can increase production volumes, improve the average grade of the ore body, and enhance profitability. The planned 42,500 m of drilling in 2026 signals management’s confidence in the resource growth thesis and positions the mine for a longer, more profitable life.
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