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INTEGRA ANNOUNCES STRONG FIRST QUARTER 2025 GOLD PRODUCTION RESULTS FROM FLORIDA CANYON MINE AND INCREASED CASH BALANCE TO US$61 MILLION

In This Article:

VANCOUVER, BC, April 22, 2025 /CNW/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to provide an interim operational update for the first quarter ended March 31, 2025 (the "first quarter 2025" or "Q1 2025"). The Company plans to release its first quarter 2025 financial results after market close on Wednesday, May 14, 2025, followed by a conference call hosted by senior management on Thursday, May 15, 2025 at 11:00 AM Eastern Time / 8:00 AM Pacific Time.

Integra Resources Logo (CNW Group/Integra Resources Corp.)
Integra Resources Logo (CNW Group/Integra Resources Corp.)

(All amounts in U.S. dollars as at March 31, 2025, unless otherwise stated)

First Quarter 2025 Florida Canyon Mine Operational Update

The Florida Canyon Mine produced 19,323 ounces of gold and sold 19,540 ounces of gold during the first quarter 2025. Gold production exceeded expectations, partly due to the recovery and processing of approximately 2,000 ounces of previously unrecovered gold confined within an electrowinning tank as part of a one-time efficiency improvement project. Strong gold production was further supported by the continued ramp-up of solution flow rates through the heap leach pads and new carbon-in-column circuit commissioned in late 2024.

Unit abbreviations: kt = 1,000 metric tonnes, g/t = grams per tonne, Au = gold, oz = troy ounce

Florida Canyon Mine Operating Highlights


Q1 2025

Ore mined

kt

3,021

Waste mined

kt

1,799

Total mined

kt

4,820

Strip ratio

waste:ore

0.60

Crushed ore to pad

kt

1,764

Run-of-mine ("ROM") ore to pad

kt

1,199

Total placed

kt

2,963

Crushed grade

g/t Au

0.26

ROM grade

g/t Au

0.19

Processed grade

g/t Au

0.23

Gold recovery rate

%

60.4 %

Gold produced

oz

19,323

Gold sold

oz

19,540

First Quarter 2025 Financial Position

Unit abbreviations: $m = millions of U.S. dollars

Financial Position as of March 31, 2025



Cash and cash equivalents

$m

61.1

Working capital1

$m

68.3

1. Non-IFRS measure. Refer to the "Non-IFRS Measures" section of this news release.

Full financial results for the first quarter 2025 will be reported and filed on Integra's profile on SEDAR+ at www.sedarplus.ca and EDGAR profile at www.sec.gov on Wednesday, May 14, 2025.

First Quarter 2025 Conference Call

Integra will host a conference call and webcast on Thursday, May 15, 2025 at 11:00 AM Eastern Time / 8:00 AM Pacific Time, to discuss first quarter 2025 results. Details for the conference call and webcast are included below.

Dial-In Numbers / Webcast:

Conference ID: 2435675
Toll Free: (888) 672-2415
Toll: +1 (646) 307-1963

Webcast: https://events.q4inc.com/attendee/434938829