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Exploration|Financial|Flow|Gold|Mining|PROJECT|Projects|Resources|Sustainable|Flow|Operations
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Salamis returns as Integra CEO, Ladd-Kruger enters as chair

13th January 2025

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

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US precious metals producer Integra Resources has announced that it has appointed George Salamis as president, CEO and director, taking over from outgoing Integra president and CEO Jason Kosec. Anna Ladd-Kruger has been appointed chairperson of the board.

“This is a natural time to transition our leadership as we pursue our vision as a growing precious metals producer in the Great Basin region. George will seamlessly step back into the role of CEO, a position he held upon founding Integra in 2017,” said Ladd-Kruger.

Salamis will leverage his knowledge built up over more than 30 years in the global mining industry, including with major mining operators Placer Dome and Cameco.

"He will lead the team with a focus on our two strategic priorities, namely reaching sustained profitability and operational excellence at the company's Florida Canyon mine, in Nevada, and advancing its built-in growth pipeline through the DeLamar and Nevada North development projects, with an emphasis on permitting during a pivotal time for natural resource development in the US," she highlighted.

“On behalf of the board, we would like to thank Jason for his contributions to Integra and wish him all the best in his future pursuits.

“We are grateful for Jason’s contributions to Integra, including the role he played in consolidating Integra’s exploration, development and producing assets in Nevada and Idaho," said Salamis.

“By bringing these assets together, Jason helped to establish a strategic path for Integra to become a growing precious metals producer in the Great Basin of the Western US.”

The company's Florida Canyon mine will play a crucial role in realising this vision.

“Over the course of 2025, we will strengthen our robust operating and development teams, adding mining expertise and production excellence to our executive team. Our goal is to announce a new COO during the first quarter of 2025 and have an expanded operations team in place by early 2026,” said Salamis.

The cash flow the company generates at the Florida Canyon mine would support the mine’s own resiliency as it continued producing reliable value, and the accelerated advancement of the DeLamar project, he highlighted.

“We will aim to initiate the federal permitting process for DeLamar in 2025, carefully timed as the new federal administration settles into its new roles, and begin executing on policies that bring jobs and investments back to the US and build up local supply chains. This is an exciting time to pursue responsible mining development and sustainable operations in the US,” he said.

Meanwhile, Ladd-Kruger has played a pivotal role in Integra’s growth trajectory since she was appointed to the board in 2018, as director and audit chair.

She has more than 25 years of industry experience, including through financial and operational leadership roles at several Canadian publicly listed mining companies.

She held experience in various stages of the mining process from exploration to multi-jurisdictional operations. Ladd-Kruger's extensive executive and director level experience for numerous junior and midtier producers ideally positioned her to lead Integra through the next phase of growth as a producing company, it said.

Salamis founded the company in 2017, and then co-lead the successful sale of Integra Gold to Eldorado Gold for C$590-million as executive chairperson. Since the founding, he has been either president and CEO or executive chair of Integra, and has fostered collaborative working relationships across the capital markets, shareholders, and stakeholders in Idaho and Nevada.

He had assembled a strategic board of directors purpose-built to advance natural resource development in the Great Basin region, during a time when US federal policy was shifting to prioritise domestic mineral production and reduce reliance on foreign supply chains, Integra said.

“It has been a privilege to build a high-quality asset portfolio at Integra, during a time when the industry needed consolidation. I will be available to the team to ensure a smooth transition of responsibilities and look forward to realising value as a shareholder,” said Kosec.

Edited by Creamer Media Reporter

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