Business
Integra Resources Reports Final Oxide Drill Results and Key Observations From Stockpile Drill Program at DeLamar
VANCOUVER, British Columbia, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased
About this update from Integra Resources Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Integra Resources Corp. (“Integra” or the “Company”) (TSXV: ITR; NYSE American: ITRG) is pleased to announce the remaining drill results from the stockpile drill program at the DeLamar Project (“DeLamar” or the “Project”) located in southwestern Idaho. The stockpile drill program was completed in Q2 2023 and totaled 12,588 meters (“m”) in 321 drill holes. This news release includes results from the remaining 145 drill holes representing 4,244 m. The stockpile drill program at DeLamar was designed to test a large portion of the estimated 60 million tonnes (“Mt”) of gold and silver mineralized material that was stockpiled and/or used as backfill at the Project by previous operators. The Company believes that oxide-and-mixed gold and silver mineralized material from the stockpiles and backfill at DeLamar has the potential to increase the heap leach mine life of the Project in future phases and further bolster the robust economics presented in the 2022 Pre-feasibility Study (“PFS”). Integra intends to release an updated mineral resource estimate for DeLamar in Q3 2023 which will include the stockpile and backfill mineralized material. In Q4 2023, the Company expects to submit the Mine Plan of Operations (“MPO”) at DeLamar to the United States Bureau of Land Management. The MPO is the first significant step in the National Environmental Policy Act permitting process as it represents the proposed action for the Project. Latest Drilling Highlights: The latest drilling highlights from DeLamar (North DeLamar, Stockpile 1) include: NDM-23-133: 0.23 grams per tonne (“g/t”) gold (“Au”) and 20.17 g/t silver (“Ag”) (0.49 g/t gold equivalent (“AuEq”)) over 103.63 m NDM-23-127: 0.29 g/t Au and 24.54 g/t Ag (0.61 g/t AuEq) over 30.48 m NDM-23-131: 0.24 g/t Au and 17.08 g/t Ag (0.46 g/t AuEq) over 97.54 m WD1-23-324: 0.23 g/t Au and 21.23 g/t Ag (0.50 g/t AuEq) over 27.43 m The latest drilling highlights from Florida Mountain (Jacobs Gulch) include: JG-23-024: 0.33 g/t Au and 10.22 g/t Ag (0.46 g/t AuEq) over 21.34 m JG-23-138: 0.32 g/t Au and 7.38 g/t Ag (0.41 g/t AuEq) over 41.15 m JG-23-181: 0.34 g/t Au and 11.15 g/t Ag (0.49 g/t AuEq) over 19.81 m Drill Program Highlights The stockpile and backfill program tested 4 targets at DeLamar and 2 targets at Florida Mountain, representin...