Canadian Mining Journal

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Integra de-risks DeLamar with resource update



In less than 18 months since acquiring the DeLamar project in southwestern Idaho, Integra Resources (TSXV: ITR; US-OTC: IRRZF) has upgraded 90% of its global resource from the inferred to the measured and indicated category, and the company is on track to complete a preliminary economic assessment before the end of September.

“We were able to upgrade the resource to measured and indicated without losing gold and silver ounces in the conversion process, which is not often the case in resource estimation,” commented George Salamis, Integra’s president and CEO. “The overall resources, in fact, have grown substantially since the last resource estimate, and the project now boasts close to 4 million oz. gold equivalent in measured and indicated and 0.5 million oz. gold equivalent in inferred resources, positioning it into a very rare group, as there are only a handful of projects in North America with this size of resource.”

Continue reading at The Northern Miner.