Company Update - Integra Resources Corp. has appointed Dale Kerner as Vice President of Permitting, effective early March 2025, to enhance the permitting process for the DeLamar Project [1][3][5] - Kerner brings over 25 years of experience in environmental permitting and regulatory compliance, previously working on the Stibnite Gold Project [4][6] - The company is actively hiring a Chief Operating Officer (COO) to strengthen its operational team, with interviews already conducted [11][12] Gold Price Protection Program - Integra has implemented a gold price protection program for 2025 production from the Florida Canyon Mine, aimed at securing margins and reducing gold price risk [7][9] - The program includes the purchase of put options with a strike price of US$2,400 per ounce, totaling 56,500 hedged ounces for 2025 [8][10] Operational Guidance - The new COO will oversee mining operations at Florida Canyon and will be crucial in determining operating and cost guidance for 2025 [12][13] - Formal 2025 operating and cost guidance will be provided after the COO's appointment, with additional commentary on operations expected during the release of the 2024 fourth quarter and full-year results [13][14] Upcoming Financial Results - Integra plans to release its fourth quarter and full-year 2024 operating and financial results on March 26, 2025, followed by a conference call on March 27, 2025 [14]
INTEGRA STRENGTHENS EXECUTIVE TEAM WITH THE APPOINTMENT OF DALE KERNER AS VICE PRESIDENT OF PERMITTING, UNDERSCORING COMMITMENT TO RAPID PROJECT ADVANCEMENT