Core Viewpoint - Integra Resources Corp. has announced positive results from its 2024 drill program at the Wildcat Deposit in Nevada, enhancing geological understanding and supporting future feasibility studies [1][2][6]. Group 1: Drill Program Results - The 2024 drill program included 10 holes totaling approximately 1,940 meters, aimed at gathering data on heap-leachable material and testing high-grade breccia targets [1][2]. - Significant oxide mineralized material was intercepted, confirming grade continuity at Wildcat, with notable drill results including: - WCCD-0017: 0.52 g/t oxide Au over 62.5m - WCCD-0018: 0.38 g/t oxide Au over 64.6m - WCCD-0019: 0.27 g/t oxide Au over 147.5m [4][9]. - The program also included the installation of piezometers to gather data on water table elevation, which is expected to facilitate future permitting processes [4][9]. Group 2: Geological Insights - The exploration component of the drill program indicated the presence of a potential feeder breccia pipe located beneath post-mineralization basalts, with encouraging geological interpretations guiding future drilling campaigns [2][10]. - Drilling at Rhyolite Ridge confirmed the continuity of brecciated tuff, with evidence of hydrothermal fluid activity suggesting additional mineralization beyond the main pit area [11][12]. Group 3: Economic Assessment - A Preliminary Economic Assessment (PEA) released in June 2023 indicated strong project economics for the Nevada North Project, with an after-tax NPV of US490 million and a ~54% after-tax IRR, highlighting the economic viability of the Wildcat Deposit [5][17]. Group 4: Future Plans - The company plans to continue drilling to further delineate the breccia pipe geometry and test for high-grade mineralization, reinforcing the strategic importance of the Wildcat Deposit within Integra's portfolio [12][6].
INTEGRA PROVIDES OVERVIEW OF 2024 DRILL PROGRAM AT WILDCAT DEPOSIT IN NEVADA