- Integra Resources Corp. (ITR) has shared the gold-silver results from the DeLamar Project in Idaho
- The Florida Mountain and Black Sheep targets found trace amounts of gold mineralization
- High grades of silver were predominately found at Black Sheep
- The company is currently drilling the low-grade, gold-silver stockpiles at DeLamar
- Integra Resources Corp. (ITR) is up 5.00 per cent and is trading at $0.84 per share as of 2:12 p.m. ET
Integra Resources Corp. (ITR) has shared the gold-silver results from the DeLamar Project in Idaho.
The company focussed on its Florida Mountain and Black Sheep targets. Both targets found trace amounts of gold mineralization, and high grades of silver were predominately found at Black Sheep.
George Salamis, President and CEO of Integra, commented,
“In four short years, the company has established a large gold-silver resource on the project, as shown in the company’s pre-feasibility study… On average, the company has discovered ounces on the project at a cost of approximately US$10 per ounce.”
As outlined in the pre-feasibility study, the company believes the project has the potential to produce a significant amount of gold and silver with high margins and low up-front capital.
The company stated that while progressing the project into permitting and mine development, exploration and resource expansion will continue to be its key focus.
Apart from one hole, none of these new results were included in Integra’s recent 2022 resource estimate.
The company shared it is currently drilling the low-grade, gold-silver stockpiles at DeLamar left behind by previous operators.
Integra Resources Corp. (ITR) is up 5.00 per cent and is trading at $0.84 per share as of 2:12 p.m. ET.
