Integra Resources Launches 50,000‑Meter Drill Program to Expand Resources and Extend Mine Life

ITRG
April 09, 2026

Integra Resources Corp. announced the launch of a 50,000‑meter drill program, the largest gold‑focused exploration campaign in the company’s history. The program will focus on the company’s three core assets—Florida Canyon in Nevada, DeLamar in Idaho, and Nevada North— with the goal of expanding mineral resources, extending mine life, and collecting key engineering, metallurgical, and hydrogeological data.

The Florida Canyon portion of the program will involve approximately 42,500 meters of reverse‑circulation and core drilling. Nine thousand meters will target new gold prospects around the Florida Canyon and Standard Mine areas, while 33,500 meters will focus on resource development. Drilling has already begun and is expected to conclude in the fourth quarter of 2026, with initial results anticipated in the summer of 2026. An updated feasibility study and NI 43‑101 technical report are expected in the third quarter of 2026.

The Nevada North program will target the Wildcat Deposit with about 5,500 meters of drilling. The schedule includes 500 meters for metallurgical, geotechnical, and geochemical testing and 5,000 meters for resource conversion drilling to support a future pre‑feasibility study. Drilling is slated to start in the second quarter of 2026 and finish by the fourth quarter, contingent on approval of the Exploration Plan of Operations and the completion of a pre‑feasibility study in early 2027.

The DeLamar program will comprise roughly 2,500 meters of drilling focused on advanced engineering work to support future construction. This drilling is contingent on securing all necessary federal, state, and local permits. The permitting schedule includes a Notice of Intent in the second quarter of 2026, an Environmental Impact Statement and Record of Decision in the third quarter of 2027, and inclusion in the FAST‑41 Transparency Dashboard. Drilling is scheduled to commence in the second quarter of 2026 and conclude by the fourth quarter of 2026.

Integra’s strategy for the program is to leverage its strong cash position and debt‑free balance sheet— with $63.5 million in cash and short‑term investments—to fund the drilling without additional equity financing. Florida Canyon, the company’s producing mine, provides a stable, cash‑generating foundation that de‑risks the business and fuels future portfolio growth. By focusing on infrastructure‑led drilling near existing mining infrastructure, Integra aims to translate exploration success directly into production and cash flow, thereby extending mine life and supporting long‑term value creation.

"The launch of our 2026 Drilling Program marks an exciting moment for Integra and its shareholders as we return to the drill bit in a meaningful way, to focus on resource growth and potential discoveries. This is high‑return, infrastructure‑led drilling. Much of the drilling will be focused on targets located near existing mining infrastructure, where success can be rapidly converted into production," said George Salamis, President, CEO and Director.

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