Integra Resources Corp.
Integra became a Great Basin gold-silver producer via its 2024 merger with Florida Canyon Gold, while advancing the past-producing DeLamar heap-leach project in Idaho through a Feasibility Study (filed December 2025) toward a construction decision.
Notable vs. Peers
- Financials score of 10/10 is stronger than the peer average of 6.5/10.
- All-in sustaining cost of $2,693/oz is 50% higher than the peer producer average of $1,795/oz.
Lifecycle Milestones
Construction Milestones
5 of 5 reached- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
Not in place: tailings facility.
Combined view across 3 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.
- 46%DeLamar Project, Idaho, USA
- 10 yrsDeLamar Project, Idaho, USA
Jurisdiction (40%)9/10
Idaho: Fraser PPI 2025 is 77.16 of 100 (rank 27 of 68), which maps to 9 on this site's scale. Nevada and Idaho are consistently ranked among the world's most attractive, stable mining jurisdictions.
Infrastructure (40%)8.6/10
A confirmed mill, confirmed road access, confirmed grid power, and no confirmed tailings facility at DeLamar Project, Idaho, USA.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Turquoise Ridge / Twin Creeks (Nevada Gold Mines), 194 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer stake on file; largest strategic holder is Beedie Capital (7.8%) See holders
Not an operating producer, so it isn't the toehold-then-takeout pattern the research documents; a missing producer stake isn't held against a company.
Weight 25% - Distance to a producing mineSub-score:0.2/10
Nearest producing mine: Turquoise Ridge / Twin Creeks (Nevada Gold Mines), 194 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:5.5/10
Stage: Production
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President & Chief Executive Officer of Integra Resources Corp. Holds a B.Sc. in Geology from the University of Montreal's École Polytechnique and began his career at Placer Dome and Cameco Corp, spending roughly 12 years across both companies. As Executive Chairman of Integra Gold Corp., co-led its sale to Eldorado Gold Corporation in a C$590 million transaction in 2017, before becoming President, CEO & Director of Integra Resources Corp. Has also held board roles at Artemis Gold, Newcore Gold, Eastmain Resources, and Calibre Mining.
Idaho-licensed Professional Geologist with 26 years of experience in mineral exploration, mine development, permitting, and NEPA processes across the western United States. Began his career in environmental consulting with Brown and Caldwell and Haley & Aldrich, building technical teams supporting expanding mining operations and leading permitting efforts across the western U.S. Most recently served as Permitting Manager at Perpetua Resources, playing a key role over roughly eight years in securing the Final Record of Decision from the U.S. Forest Service for the Stibnite Gold Project. Appointed Vice President of Permitting at Integra Resources Corp. in early 2025, based in Boise, Idaho.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Beedie Capital converted its US$15 million loan into stock in December 2025, confirmed at 7.8% (15,832,662 shares, including warrants) as at 31 March 2026 per its own SEC Schedule 13G/A. Dedicated gold funds are on the register too -- Franklin Gold and Precious Metals, ASA Gold and Precious Metals, and U.S. Global Investors -- though none of them is confirmed at 5% today. Insiders point both ways: CEO George Salamis bought 25,000 shares at C$2.99 in July 2026, while CFO Andrée St-Germain sold twice over the winter.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Integra Resources became a gold-silver producer through its 2024 merger with Florida Canyon Gold, which brought the Florida Canyon heap-leach mine in Nevada, and it is advancing the past-producing DeLamar heap-leach project in Idaho toward a construction decision, along with the Nevada North project (Wildcat and Mountain View). Company-wide measured and indicated resources total 5,975,000 oz of gold (561,000 oz measured, 5,414,000 oz indicated) plus 4,114,000 oz inferred, across DeLamar (2,945,000 oz), Florida Canyon (1,706,000 oz) and Nevada North (1,324,000 oz). DeLamar's December 2025 feasibility study shows an NPV5% of US$774M and a 46% IRR at US$3,000/oz gold over a 10-year life. Florida Canyon's mine-site all-in sustaining cost for 2025 was US$2,693/oz, and a Nevada North pre-feasibility study is targeted for the second half of 2027.
DeLamar Feasibility Study (effective 8 Dec 2025): after-tax NPV5% of US$774M and IRR of 46% at a base case of $3,000/oz gold and $35/oz silver, rising to ~US$1.7B NPV and 89% IRR at spot prices. 10-year mine life (plus 2 years residual leaching) producing 1.1 Moz AuEq Proven+Probable, ~106,000 oz AuEq/year, at $1,480/oz AISC. $389M initial capital, 1.8-year payback.