Slide 1: A Leading Precious Metals Developer Focused in the Great Basin
A Leading Precious Metals Developer Focused in the Great Basin CORPORATE PRESENTATION – JULY 2023 TSX-V: ITR I NYSE: ITRG INTEGRARESOURCES.COM
Slide 2: Cautionary Note
CAUTIONARY NOTE This document has been prepared by Integra Resources Corp. (the “Integra Resources” or the “Company”) solely for the use in connection with the recipient’s evaluation of the Company. This document is a presentation of information about the Company’s activities as the date of the pres
Slide 3: Building a Portfolio of High Quality, Heap Leach Projects in the Great Basin
DeLamar: Wildcat & Mountain View: Gold & Silver in Idaho Gold in Nevada BUILDING A PORTFOLIO OF HIGH QUALITY, HEAP LEACH PROJECTS IN THE GREAT BASIN Resource growth & asset development strategy to Management team with track record of success in generate value through the “Lassonde Curve” – explorati
Slide 4: Industry Leading Management Team and Board of Directors
Industry Leading Management Team and Board of Directors Senior Executives Board of Directors George Salamis Jason Kosec Stephen de Jong C.L. “Butch” Otter Anna-Ladd Kruger Timo Jauristo Executive Chair, Director President, CEO & Director Director Director Director Director Carolyn Clark Loder Eric T
Slide 5: Corporate Snapshot
Corporate Snapshot Share Structure1 Ownership Breakdown2 Basic Shares Outstanding 68.7M Strategic Shareholders Options 2.2M Warrants 2.0M RSUs / DSUs 0.7M 10% Institutions & High Net Worth Fully Diluted Shares Outstanding 73.6M 15% Retail & Other Basic Market Capitalization ~US$77M 45% Strategic Ana
Slide 6: One of the Largest Portfolios of Gold & Silver Resources in the Great Basin
One of the Largest Portfolios of Gold & Silver Resources in the Great Basin Not Controlled by a Major Idaho Beartrack-Arnett PRODUCTION (Revival) Stibnite (Perpetua) Kilgore Boise City (Excellon) DeLamar Oxide DeLamar Twin Falls RESOURCE GROWTH Oregon Oakley (Excellon) Black Pine (Liberty) Wildcat &
Slide 7: Generating Value Through the Lassonde Curve
Generating Value Through the “Lassonde Curve” Focused on advancing DeLamar toward production and growing the existing resource base at Wildcat & Mountain View Development Exploration, Discovery & Resource Growth Construction / Production (Technical Studies, Permitting, Project Financing) Intrinsic V
Slide 8: Focused on De-Risking Activities at Key Assets
Focused on De-Risking Activities at Key Assets ▪ DeLamar: ▪ DeLamar: ▪ 2022 PFS published, ▪ Updated mineral resource metallurgical and geotechnical estimate in Q3 2023 including studies moving towards low grade-stockpiles Feasibility level studies ▪ Wildcat & Mountain View: ▪ Wildcat & Mountain Vie
Slide 9: Scarcity Value: Very few large heap leach projects available in the USA
Scarcity Value: Very few large heap leach projects available in the USA with increased recent M&A activity Gold Standard Ventures ✓ FS published DeLamar Project ✓ Acquired by Orla for ~C$240M1 ✓ 2.6Moz Au and 127Moz Ag (M&I) ✓ 2022 PFS ✓ After-Tax NPV(5%) US$314M / 33% IRR (US$1,700/oz Au, US$21.50/
Slide 10: DeLamar Heap Leach Project: The Financial Engine
DeLamar Heap Leach Project: The Financial Engine DeLamar demonstrates strong economics, a rapid payback, and significant upside potential through low-grade stockpiles1 954koz / 136koz US$314M NPV5% US$814/oz 8-year LOM AuEq 33% IRR 2-year Payback LOM AISC at 35,000tpd Total / Avg. LOM After-Tax Afte
Slide 11: Wildcat & Mountain View: Simple, High-Margin, Heap Leach Operation
Wildcat & Mountain View: Simple, High-Margin, Heap Leach Operation1 Wildcat & Mountain View PEA demonstrates robust initial economics while maintaining excellent resource growth potential US$310M NPV5% US$973/oz 1Moz / ~80koz AuEq 13-year LOM 37% IRR 3-year Payback LOM AISC Total / Avg. LOM 100Mt of
Slide 12: DeLamar Heap Leach Project: Overview
DeLamar Heap Leach Project: Overview Property includes Summary1 the historic Kinross • 100% owned, advanced gold-silver heap leach project in southwestern Idaho DeLamar mine that produced 750koz Au Lucky Friday • 2022 pre-feasibility study (open-pit, heap-leach) outlined 35ktpd operation producing (
Slide 13: DeLamar Heap Leach Resource Potential: Low-grade Stockpiles
DeLamar Heap Leach Resource Potential: Low-grade Stockpiles1 • For over 20 years, Kinross and other previous owners stockpiled or used low-grade Glen Silver mineralization for backfill that was below the mill DeLamar Backfill: 16.3Mt cut-off grade • Estimated ~50-60Mt of low-grade mineralized Sommer
Slide 14: Wildcat Oxide Project: Overview
Wildcat Oxide Project: Overview Summary • Resource stage, low-sulphidation epithermal gold-silver project located in the Farrell Mining District, Nevada, ~56km from the town of Lovelock WILDCAT • Direct road access from Lovelock via State Route 395 & 399, paved for the first ~25km • 17,612-acre land
Slide 15: Wildcat Oxide Project: Drilling & Exploration Plan of Operations
Wildcat Oxide Project: Drilling & Exploration Plan of Operations Exploration Plan of Operations submitted to the BLM in December 2022 to allow for significantly expanded drilling footprint Note: Please reference the Millennial Precious Metals news releases from November 29, 2022 and January 5, 2023
Slide 16: Mountain View Oxide Project: Overview
Mountain View Oxide Project: Overview MOUNTAIN Summary VIEW • Resource stage, low-sulphidation epithermal gold-silver project located in the Deephole Mining District, Nevada, ~24km from the town of Gerlach • Year-round road access via State Route 447 followed by a ~2km gravel road • 5,476-acre land
Slide 17: Mountain View Oxide Project: Drilling & Exploration Plan of Operations
Mountain View Oxide Project: Drilling & Exploration Plan of Operations Exploration Plan of Operations submitted to the BLM in January 2023 to allow for significantly expanded drilling footprint Note: Please reference the Millennial Precious Metals news releases from May 12, 2022 and January 24, 2023
Slide 18: Relative Positioning: Great Basin Heap Leach Projects
Relative Positioning: Great Basin Heap Leach Projects Development Assets: Total Mineral Resource (Moz AuEq)1 Producing Assets: Grade & Recovery2 Oxides (M+I) Oxides (Inferred) Non-Oxides (M+I) Non-Oxides (Inferred) Mineral Resource Grade (g/t AuEq) Mineral Resource Strip Adjusted Grade (grade / stri
Slide 19: Relative Positioning: Junior Producers
Relative Positioning: Junior Producers Production Potential (koz AuEq)1 Market Capitalization (US$M) Fully-financed developers DeLamar Wildcat & Mountain View Artemis 339 Orla $1,265 Calibre 280 K92 $1,039 Argonaut 226 SilverCrest $848 Integra 2 136 80 216 Wesdome $737 K92 203 Artemis $693 Victoria
Slide 20: Significant Near-Term Catalysts
Significant Near-Term Catalysts Wildcat & Mountain View PEA delivered; key milestones upcoming at DeLamar DeLamar: updated resource estimate (incl. stockpiles) and Mine Plan of Operations Near Term Wildcat & Mountain View: updated resource estimate and PEA ✓ Oxide resource growth potential at DeLama
Slide 21: Laying the Foundation to Become a Leading USA Precious Metals Producer
Laying the foundation to become a leading USA precious metals producer Significant One of the largest Great Basin focused precious metals developers by Scale resource inventory with 5.6Moz AuEq M&I and 0.9Moz AuEq Inf.1 Robust Building a portfolio of simple heap leach projects with a vision of becom
Slide 22: Appendix
Appendix
Slide 23: ESG – Thinking of Tomorrow, Today
ESG – Thinking of Tomorrow, Today OUR APPROACH TO ESG Guided by our mission and core values, we are committed to creating lasting socio-economic benefits for all stakeholders through the responsible discovery and expansion of economic gold and silver ounces. Environmental Social Governance HEALTH &
Slide 24: DeLamar Project: Untapped Exploration Potential
DeLamar Project: Untapped Exploration Potential ~28km2 of highly prospective exploration ground along strike from current ~4Moz AuEq M&I resource; significant non-oxide potential underlying the oxide-mixed resource at DeLamar and Florida Mountain1 BlackSheep Target • ~25km2 of exploration ground on
Slide 25: Wildcat Oxide Project: Near Term Oxide Growth
Wildcat Oxide Project: Near Term Oxide Growth High priority drill targets identified significantly increased the mineralized footprint at Wildcat in 2022; Exploration Plan of Operations submitted in December 2022 to allow for significantly expanded Phase 2 resource growth drill program Commentary Wi
Slide 26: DeLamar Project: Current Resource Estimate
DeLamar Project: Current Resource Estimate Notes: The effective date of the mineral resources is March 1, 2021; Mineral resources are reported inclusive of mineral reserves; Mineral resources that are not mineral reserves do not have demonstrated economic viability; The DeLamar and Florida Mountain
Slide 27: Wildcat & Mountain View: Current Resource Estimate
Wildcat & Mountain View: Current Resource Estimate1 Wildcat Tonnes g/t Au oz Au g/t Ag oz Ag g/t AuEq oz AuEq Indicated 59,872,806 0.39 746,297 3.34 6,437,869 0.43 829,152 Oxide Inferred 22,455,848 0.29 209,662 2.74 1,980,129 0.33 235,146 Mineral Resources that are not Mineral Reserves do not have d
Slide 28: Investor Relations
TSX-V: ITR | NYSE: ITRG INTEGRARESOURCES.COM Investor Relations: 400 Burrard Street, Suite 1050 Vancouver, BC, Canada, V6C 3A6 Email: ir@integraresources.com Phone: +1.604.416.0576 28