Integra Logs Record 76,800 tpd at Florida Canyon and Raises $61 M
Integra mined 3.0 M tonnes of ore and 3.9 M tonnes of waste at Florida Canyon, achieving record 76,800 tpd mining rates and producing 12,635 oz of gold in Q1 2026. The company raised $61 M via public offering, boosting cash to $105.6 M to fund DeLamar pre-production and land acquisition.
1. Q1 Operational Results
During the first quarter of 2026, Integra mined 3.0 M tonnes of ore and 3.9 M tonnes of waste at a strip ratio of 1.30 at Florida Canyon. The mine produced 12,635 oz of gold and sold 12,518 oz, with approximately 3,000 oz deferred due to reduced solution flow rates, expected to be recovered later in the year.
2. Record Mining Rates and Fleet Expansion
Mining rates averaged a record 76,800 total tonnes per day, driven by commissioning six new Caterpillar 785 haul trucks. This expansion completes the Phase IIIB fleet buildup and enhances hauling capacity, positioning operations for greater flexibility and consistency.
3. Strengthened Balance Sheet and Use of Proceeds
Integra raised $61 M through a bought deal public offering, lifting cash to $105.6 M as of March 31. Net proceeds will fund pre-production expenditures and strategic land acquisition at the DeLamar Project, while supporting sustaining capital at Florida Canyon.