INTEGRA PROVIDES 2025 GUIDANCE; FOCUSED ON CONSISTENT OPERATIONS AND CAPITAL INVESTMENT AT FLORIDA CANYON AND SIGNIFICANT ADVANCEMENT OF DEVELOPMENT PROJECTS

Core Viewpoint - Integra Resources Corp. has provided its 2025 guidance, outlining expectations for production, operating costs, capital expenditures, and development spending across its portfolio, particularly focusing on the Florida Canyon Mine and its development-stage projects, DeLamar and Nevada North [1][2][4]. Production and Cost Outlook - Gold production from the Florida Canyon Mine is projected to be between 70,000 and 75,000 ounces in 2025 [2][7]. - Total cash costs at Florida Canyon are expected to range from $1,800 to $1,900 per ounce sold [2][8]. - Mine-site all-in sustaining costs (AISC) are anticipated to be between $2,450 and $2,550 per ounce sold, reflecting a capital-intensive period [2][10]. - Sustaining capital expenditures are estimated at $48.0 million to $53.0 million, with a significant portion allocated to the third quarter of 2025 [2][9]. Capital Expenditures and Growth Initiatives - Growth capital expenditures at Florida Canyon are projected to be between $8.0 million and $10.0 million, focusing on expansion projects and studies [2][11]. - Approximately $1.5 million is allocated for a growth drilling program, which includes around 10,000 meters of reverse circulation drilling [2][11]. Development Projects - Total expected project development spending for the DeLamar and Nevada North projects in 2025 is estimated at $14.5 million to $15.5 million [2][12]. - At DeLamar, $12.0 million to $12.5 million is allocated for feasibility study completion and permitting advancement, with significant budget portions directed towards engineering studies and permitting activities [2][13]. - For Nevada North, approximately $2.5 million to $3.0 million is designated for metallurgical testing and geochemical sampling to support future development [2][14]. Strategic Goals - The acquisition of the Florida Canyon Mine aims to secure a reliable cash flow source to advance development projects and reduce reliance on annual equity financing [4]. - The company is focused on enhancing operational efficiency and extending the mine life of Florida Canyon through significant reinvestment and improvement initiatives [5][6].