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Integra Resources Announces Additional Oxide Drill Results From Stockpile Drilling Program at DeLamar, Including 0.67 g/t AuEq Over 81 m and 0.58 g/t AuEq Over 49 m
VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased t
About this update from Integra Resources Corp
[{"type":"text","content":" VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased to announce drill results from 21 additional drill holes, representing 860 meters (“m”), from the recently completed stockpile drilling program at the DeLamar Project (“DeLamar” or the “Project”) located in southwestern Idaho. The Company is also pleased to provide an update on the previously announced share consolidation which, following the receipt of final regulatory approvals, is now expected to become effective on May 26, 2023. The Stockpile drilling program at DeLamar was designed to test a large portion of the estimated 60 million tonnes (“Mt”) of mineralized material that was stockpiled and/or used as backfill at the Project. The Company believes that additional oxide-and-mixed material from the stockpiles and backfill at DeLamar has the potential to significantly increase the heap leach mine life of the Project in future phases and further bolster the robust economics presented in the Company’s 2022 Pre-feasibility Study. Integra is currently focused on achieving several key milestones in 2023, including an updated mineral resource estimate and the submission of the Mine Plan of Operations at DeLamar, as well as an updated mineral resource estimate and Preliminary Economic Study at the Wildcat & Mountain View Projects, located in western Nevada. Drilling Highlights The stockpile drilling program at DeLamar was completed in April 2023 and consisted of 321 holes, totalling 12,588 m. The latest drill results from DeLamar (North DeLamar, Sommercamp, Stockpile 1 and 2) include: NDM-23-118: 0.38 grams per tonne (“g/t”) gold (“Au”) and 22.52 g/t silver (“Ag”) (0.67 g/t gold equivalent (“AuEq”)) over 80.77 m WD1-23-299: 0.31 g/t Au and 20.63 g/t Ag (0.58 g/t AuEq) over 48.77 m NDM-23-199: 0.29 g/t Au and 14.34 g/t Ag (0.48 g/t AuEq) over 85.34 m NDM-23-021: 0.21 g/t Au and 22.61 g/t Ag (0.50 g/t AuEq) over 54.87 m NDM-23-053: 0.26 g/t Au and 20.91 g/t Ag (0.53 g/t AuEq) over 50.29 m The latest drill results from Florida Mountain (Jacobs Gulch and Tip Top) include: JG-23-027: 0.38 g/t Au and 11.85 g/t Ag (0.53 g/t AuEq) over 27.43 m JG-23-075: 0.34 g/t Au and 15.25 g/t Ag (0.54 g/t AuEq) over 21.34 m JG-23-100: 0.33 g/t Au and 6.04 g/t Ag (0.40 g/t AuEq) over 70.10 m ...