Integra Resources Corp · TSXV:ITR
Integra Resources — Q3 2025 Earnings Presentation
20 slides from Integra Resources's earnings presentation, Nov 13, 2025
Slide 1: Third Quarter 2025 Operating & Financial Results
Third Quarter 2025 Operating & Financial Results November 13, 2025 TSX-V: ITR I NYSE: ITRG INTEGRARESOURCES.COM
Slide 2: Cautionary Note & Disclaimer
CAUTIONARY NOTE & DISCLAIMER This document has been prepared by Integra Resources Corp. (“Integra” 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 prese
Slide 3: Q3 2025 Operating & Financial Results: Call Participants
Q3 2025 Operating & Financial Results: Call Participants George Salamis Clifford Lafleur Andrée St-Germain President, Chief Executive Chief Operating Officer Chief Financial Officer Officer & Director Jason Banducci Sean Deissner Vice President, Corporate Vice President, Finance Development & IR Gre
Slide 4: Growth Focused Precious Metals Producer in the Great Basin of the USA
Florida Canyon Mine: Nevada DeLamar Project: Idaho Nevada North Project: Nevada GROWTH FOCUSED PRECIOUS METALS PRODUCER IN THE GREAT BASIN OF THE USA Focused on demonstrating profitability Delivering value through successful mining and operational success at principal operations, efficient project d
Slide 5: Q3 2025: Strong Production & Improved Financial Position
Q3 2025: Strong Production & Improved Financial Position Integra delivered record revenue, adjusted net earnings, and free cash flow in Q3 2025 Gold Produced Revenue Sust. & Growth Capital 20,653 oz $70.7 million $17.2 million Cash Costs1 Operating Cash Flow Cash2 $1,876/oz $35.6 million $81.2 milli
Slide 6: Q3 2025: Florida Canyon Operating Results
Q3 2025: Florida Canyon Operating Results Strong quarterly production results from Florida Canyon; on track to meet 2025 production guidance Q3 Highlights Operating Metrics Unit Q3 2025 YTD 2025 • Production of 20,653 gold ounces and 20,265 gold ounces sold at mine-site AISC of $2,647/oz sold. Ore k
Slide 7: Florida Canyon Mine: 2025 Operating Outlook
Florida Canyon Mine: 2025 Operating Outlook Production guidance intact; AISC to be slightly above guidance due to increased royalties resulting from higher gold prices 2025 Guidance Gold production ounces 70,000 - 75,000 Total cash cost1 $/oz sold $1,800 - $1,900 Mine-site AISC1 $/oz sold $2,450 - $
Slide 8: Florida Canyon Mine: 2025 Growth Drilling
Florida Canyon Mine: 2025 Growth Drilling Drilling designed to support an updated mineral reserve & resource and life-of-mine plan expected in 2026 Drill Program Highlights Opportunity 1: Near-surface oxide potential from historical dumps • Targeting large volumes of historical gold-mineralized back
Slide 9: Florida Canyon Mine: North & South Dump Results
Florida Canyon Mine: North & South Dump Results Drilling results and preliminary volume / grade estimates underscore near-term growth potential1 Historical North Mine Dump Conceptual Volume Grade Estimates1 (Mt) (g/t Au) North Dump ~19 - 32 ~0.11 - 0.25 South Dump ~15 - 24 ~0.11 - 0.25 Combined ~34
Slide 10: Florida Canyon Mine: Inter-Pit Results
Florida Canyon Mine: Inter-Pit Results Inter-Pit areas between active and historical pits offer meaningful growth potential adjacent to current mining area Results confirm broad, near-surface intervals of gold mineralization with consistent gold grades and heap leach potential; Central/Radio Tower S
Slide 11: Q3 2025: DeLamar Project Update
Q3 2025: DeLamar Project Update DeLamar MPO deemed complete by BLM; Feasibility Study continues to be advanced with target release in Q4 2025 Highlights Permitting • BLM notified Integra that the MPO was determined to be administratively complete, marking a significant permitting milestone for DeLam
Slide 12: Q3 2025: DeLamar / Shoshone-Paiute Relationship Agreement
Q3 2025: DeLamar / Shoshone-Paiute Relationship Agreement Relationship Agreement aligns interests of Integra and a federally recognized Tribal Nation to develop DeLamar Project Agreement Overview Benefits to Integra • Business-driven: mutually • Enhanced position: Agreement beneficial arrangement to
Slide 13: Q3 2025: Nevada North Project Update
Q3 2025: Nevada North Project Update Integra to begin work on an updated technical report for Nevada North in 2026 with a target release date in early 2027 Highlights Wildcat Deposit • Metallurgical testing continued on core from Wildcat for future economic studies, mine design, and permitting. Hydr
Slide 14: Q3 2025: Financial Results
Q3 2025: Financial Results Q3 2025 was highlighted by strong operating margins, growing free cash flow, and an improved financial position $81.2M $70.1M $35.6M 40% $16.3M $0.10/sh Operating Cash Operating Profit Adjusted Cash Revenue Adjusted EPS1 Flow Margin1 Earnings1 Highlights • Strong cash bala
Slide 15: Looking Forward: Continuing a Transformational 2025
Looking Forward: Continuing a Transformational 2025 Shareholder returns continue to be generated through operational execution and project advancement Florida Canyon: re-investment, optimization, growth drilling, 2026 technical report DeLamar: Feasibility Study; permitting advancement toward NOI and
Slide 16: Continuing to Build the Next Mid-tier Producer
Continuing to Build the Next Mid-tier Producer DeLamar Production & Florida Canyon generates cash flow to support Cash Flow the advancement of DeLamar & Nevada North Florida Canyon Growth Built-in pipeline of complementary heap leach Pipeline projects underpin unmatched growth profile Idaho Resource
Slide 17: Q&A
Q&A 17
Slide 18: Cautionary Note Regarding Non-GAAP Financial Measures
CAUTIONARY NOTE REGARDING NON-GAAP FINANCIAL MEASURES Cautionary Note Regarding Non-GAAP Financial Measures The Company has included herein certain performance measures (“non-GAAP measures”) which are not specified, defined, or determined under generally accepted accounting principles (in our case,
Slide 19: Non-GAAP Financial Measures
Operating Cash Flow before changes in Working Capital Non-GAAP Financial Measures Avg. Realized Gold Price Cash Cost & AISC Capital Expenditures Free Cash Flow Adjusted Earnings Operating Margin Note: Refer to Integra's financial statements and MD&A for the quarter ended September 30, 2025 available
Slide 20: For more information, please contact:
For more information, please contact: Jason Banducci, Vice President Corporate Development & Investor Relations TSX-V: ITR | NYSE: ITRG Email: jason.banducci@integraresources.com 20