Name of the Project
DeLamar heap-leach gold project.

Location
South-western Idaho, in the US.

Project Owner/s
Canadian miner Integra Resources.

Project Description
A December 2025 feasibility study defined DeLamar as one of the most compelling, resilient and capital-efficient heap-leach gold/silver projects in the US preparing to enter federal permitting.

The project consists of the DeLamar and Florida Mountain deposits.

The feasibility study proposes average gold equivalent production over the project’s ten-year life-of-mine at 106 000 oz, with total payable gold equivalent ounces estimated at 1.1-million ounces.

The project includes two oxide heap-leach facilities and two-stage crushing.

Potential Job Creation
An average of 300 direct permanent jobs are expected to be created at DeLamar.

Net Present Value/Internal Rate of Return
In the base case, the project has an after-tax net present value at a 5% discount rate of $774-millon and an internal rate of return of 46%, with a payback of 1.8 years.

Capital Expenditure
Initial capital expenditure is estimated at $389-million.

Planned Start/End Date
A potential construction decision is expected by 2027.

Latest Developments
Integra Resources has secured a defined and accelerated federal permitting schedule, reducing regulatory uncertainty and supporting progress towards a construction-ready profile.

The US Bureau of Land Management has established a National Environmental Policy Act (NEPA) timeline for the project. Under the schedule, publication of a notice of intent is expected in the second quarter of 2026, followed by a 15-month NEPA review period. Completion of the environmental-impact statement and issuance of a record of decision are targeted for the third quarter of 2027.

The timeline is materially shorter than earlier permitting scenarios and marks an important milestone in advancing DeLamar through the federal process. The update follows the release of a feasibility study late last year, which confirmed robust economics for a large-scale openpit oxide heap-leach operation, strengthening the project’s development case amid higher gold and silver prices.

President, CEO and director George Salamis said the BLM-defined schedule provided a clear, fact-based pathway through the NEPA process, reducing one of the most significant barriers to mine development in the US. He added that the schedule improved certainty, capital efficiency and time-to-value, and positioned DeLamar among the most advanced precious-metals development projects in the country.

The project is supported by nearly a decade of environmental baseline data, engineering work and mine planning. Integra said this preparation allowed for a more efficient permitting process. 
Once the notice of intent is published, the BLM will start public scoping with government agencies,

Tribal Nations and local communities. Integra will also advance other key federal and state permits, including those for water, air, cyanidation and Clean Water Act approvals, while finalising a reclamation plan and financial assurance.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Integra Resources, tel +1 604 416 0576 or email info@integraresources.com.