Integra Resources Corp · TSXV:ITR

Integra Resources — Q1 2025 Earnings Presentation

18 slides from Integra Resources's earnings presentation, May 15, 2025

  1. Slide 1: First Quarter 2025 Operating & Financial Results

    First Quarter 2025 Operating & Financial Results May 15, 2025 TSX-V: ITR I NYSE: ITRG INTEGRARESOURCES.COM

  2. 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

  3. Slide 3: Q1 2025 Operating & Financial Results: Call Participants

    Q1 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

  4. 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

  5. Slide 5: Q1 2025: First Quarter as a Gold Producer

    Q1 2025: First Quarter as a Gold Producer Q1 2025 represents a significant milestone for Integra, reflecting its first full quarter as a gold producer 19,323 ounces $16.1 million DeLamar MPO Q1 2025 Operating Cash Mine Plan of Operations Q1 2025 Gold Production Flow Submitted to the BLM $2,342/oz $6

  6. Slide 6: Q1 2025: Executive Leadership Additions

    Q1 2025: Executive Leadership Additions In Q1 2025 Integra strengthened its executive leadership team in the areas of operations, finance, and permitting Clifford Lafleur, Chief Operating Officer • Appointed in March 2025; Mr. Lafleur will lead strategic decision making at Florida Canyon and provide

  7. Slide 7: Q1 2025: Florida Canyon Operating Results

    Q1 2025: Florida Canyon Operating Results Consistent quarterly results with optimization work ongoing; 19,540 gold ounces sold at mine-site AISC of $2,342/oz Highlights Operating Metrics Unit Q1 2025 Q1 20242 • Production of 19,323 gold ounces and 19,540 gold ounces sold at mine-site AISC of $2,342/

  8. Slide 8: Q1 2025: DeLamar Project Update

    Q1 2025: DeLamar Project Update During the first quarter the updated MPO was submitted to the BLM for DeLamar; feasibility study continues to be advanced Highlights Permitting • Updated and refined Mine Plan of Operations (“MPO”) submitted to the U.S. Bureau of Land Management (“BLM”); initiates pat

  9. Slide 9: Q1 2025: Nevada North Project Update

    Q1 2025: Nevada North Project Update Efforts at Nevada North during the first quarter were focused on advancing and de-risking the Wildcat Deposit Highlights Permitting • Environmental Assessment (“EA”) for the Wildcat Exploration Plan of Operations was completed in 2024; Final Environmental Assessm

  10. Slide 10: Q1 2025: Financial Results

    Q1 2025: Financial Results Integra is pleased to report a strengthened financial position as at March 31, 2025 $61.1M $63.8M $57.0M $15.5M $4.4M $0.03/sh Working Adjusted Cash Balance Revenue Gross Profit Adjusted EPS1 Capital1 Earnings1 Highlights • Strong cash balance as at March 31, 2025 of $61.1

  11. Slide 11: Looking Forward: 2025 Key Strategic Objectives

    Looking Forward: 2025 Key Strategic Objectives Shareholder returns for the remainder of 2025 will be delivered through execution and achievement of key milestones Florida Canyon: oxide growth, mine optimization, cost reduction, cash flow generation DeLamar: Feasibility Study and initiation of federa

  12. Slide 12: Looking Forward: 2025 Florida Canyon Ongoing Optimization

    Looking Forward: 2025 Florida Canyon Ongoing Optimization Several studies underway to optimize mining operations and demonstrate sustained profitability at Florida Canyon Focused on continuous improvement initiatives across mining operation Mine Metallurgy Planning Mining Process G&A Fleet Efficienc

  13. Slide 13: Looking Forward: Growth Drilling at Florida Canyon

    Looking Forward: Growth Drilling at Florida Canyon 10,000m RC drill program initiated in May 2025 focused on near-mine gold exploration targets identified at Florida Canyon Highlights Opportunity 1: Near-surface oxide potential from historical dump • Targeting large volumes of historical gold-minera

  14. Slide 14: Looking Forward: Building the Next Mid-tier Producer

    Looking Forward: Building 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 Re

  15. Slide 15: Q&A

    Q&A 15

  16. Slide 16: Cautionary Note Regarding Non-IFRS Measures

    CAUTIONARY NOTE REGARDING NON-IFRS MEASURES Cautionary Note Regarding Non-IFRS Financial Measures Alternative performance measures in this document such as “cash cost”, “AISC” “after-tax cash flow” are furnished to provide additional information. These non-GAAP performance measures are included in t

  17. Slide 17: Non-IFRS Measures

    Non-IFRS Measures Avg. Realized Gold Price Cash Cost & AISC Adjusted Earnings Working Capital Note: Refer to Integra's financial statements and management discussion and analysis for the three months ended March 31, 2025 available under Integra’s SEDAR+ profile at www.sedarplus.ca ; All dollar amoun

  18. Slide 18: 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 18

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