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Integra Resources Corp.
Summary
| Project: | DeLamar | |
|---|---|---|
| Deposit: | DeLamar | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 9/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-9-2019: Integra Resources Corp. announces a PEA report for its DeLamar deposit at the DeLamar project. PEA results incl. post-tax NPV (5%) of US$358M, IRR of 43%. VANCOUVER, BC – September 9, 2019 – Integra Resources. (“Integra” or the “Company”) is ple | |
| Resources: | (Resource, M+I): 172.365Mt @ 0.43g/t Au, 21.0g/t Ag at project total | |
| CP/QP: | [Resources]: Michael Gustin (Mine Development Associates) | |
| ABSTRACT: | VANCOUVER, BC – September 9, 2019 – Integra Resources. (“Integra” or the “Company”) is pleased to announce the results of a maiden Preliminary Economic Assessment (“PEA”) completed by MDA Associates (“MDA”) for the DeLamar Gold-Silver Project, located in Idaho, USA. The study was conducted under the direction of Timothy Arnold, Integra’s Vice President of Project Development, and includes contributions from the consulting teams at McClelland Laboratories (Reno) (“McLelland”), Woods Process Services (Denver) (“Woods”), Welsh Hagen (Reno) (“WH”) and EM Strategies (Reno) (“EMS”). The PEA is based on Integra’s recently completed mineral resource estimate announced on June 17, 2019. The PEA base case assumes a gold price of US$1,350/oz, a silver price of US$16.90/oz and a C$/US$ exchange rate of 1.32. | |
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