Integra files Florida Canyon mine feasibility study, lifts gold reserves 74% to 1.19 million oz

Integra Resources filed a feasibility study and updated life-of-mine plan for the producing Florida Canyon gold mine in Nevada.

• Proven and probable reserves rose 74% to 1,190,000 oz of gold, supporting an 8-year mine life.
• Average annual production forecast increased 17% to about 82,000 oz during active mining, excluding residual leaching from 2033.
• Life-of-mine gold sold is estimated at about 685,000 oz, driving about USD 0.8 billion after-tax free cash flow.
• Base-case after-tax NPV at 5% is set at USD 601 million; site-level AISC is expected to average about USD 2,331/oz.