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Integra Resources Announces the Appointment of Timothy Arnold as Chief Operating Officer and Repayment of the Kinross C$4.5 Million Promissory Note
VANCOUVER, British Columbia , Nov. 05, 2019 (GLOBE NEWSWIRE) -- Integra Resources Corp. (TSXV:ITR ; OTCQX:IRRZF) (the “Company” or “Integra”) is pleased to anno
About this update from Integra Resources Corp
[{"type":"text","content":" VANCOUVER, British Columbia , Nov. 05, 2019 (GLOBE NEWSWIRE) -- Integra Resources Corp. (TSXV:ITR ; OTCQX:IRRZF) (the “Company” or “Integra”) is pleased to announce the appointment of Timothy Arnold to the position of Chief Operating Officer (“COO”), underpinning the progression of the Company’s DeLamar Project in Idaho towards pre-feasibility studies and permitting. Mr. Arnold’s former position with Integra was Vice President of Project Development. His new appointment is effective immediately. Mr. Arnold has over 35 years of experience in hard rock mining; open pit and underground, engineering and production, consulting and operations. Mr. Arnold, a University of Idaho graduate, has spent most of his career either developing or operating mines in the Western United States. Prior to joining Integra in January 2019, Mr. Arnold was the Vice President of Operations for Pershing Gold Corporation. Previously, he held Vice President and General Manager positions for Nevada Copper, General Moly, Coeur Mining Ltd (formerly Coeur d’Alene Mines), Hecla Mining Company and as COO of Geovic Mining Corp. Mr. Arnold has served as president of the Society for Mining, Metallurgy and Exploration and is the 2019 recipient of the William Lawrence Saunders Gold Medal from the American Institute of Mining, Metallurgical and Petroleum Engineers. George Salamis, the Company’s President and CEO, stated “Tim has done exceptional work for Integra since joining our team in January 2019, playing an instrumental role in the delivery of our positive maiden Preliminary Economic Assessment at DeLamar and the related metallurgical studies that were part of the PEA. This recent PEA study has demonstrated excellent results and strong potential economic returns from future mine development, justifying further feasibility level study work to be conducted on the project. Tim’s significant development experience in the Western U.S. makes him the ideal individual to oversee the preparation of our pre-feasibility study and advancing our permitting processes in Idaho. We welcome Tim as an executive of Integra, in his new role as COO of the Company. The Company is also pleased to announce the repayment of its C$4.5 million secured promissory note (the “Promissory Note”) to Kinross Gold U.S.A Inc. (“Kinross USA”), a subsidiary of Kinross Gold Corporatio...