Integra Resources Corp. (ITRG) Bundle
A Brief History of Integra Resources Corp. (ITRG)
Company Overview
Integra Resources Corp. is a mineral exploration and development company focused on the DeLamar Gold-Silver Project in Owyhee County, Idaho, United States.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Market Capitalization | $85.2 million |
| Stock Price (ITRG) | $0.70 CAD |
| Cash and Equivalents | $12.3 million |
Project Details
The DeLamar Project consists of two primary deposits:
- DeLamar Deposit
- Florida Mountain Deposit
Project Metrics
| Resource Category | Measured Resources | Indicated Resources |
|---|---|---|
| Gold | 1.5 million ounces | 2.1 million ounces |
| Silver | 33.4 million ounces | 44.6 million ounces |
Corporate Structure
Publicly traded on the TSX Venture Exchange under ticker ITRG.
Key Management
- George Salamis - President and CEO
- Jason Cheng - CFO
Who Owns Integra Resources Corp. (ITRG)
Major Shareholders
| Kinross Gold Corporation | 19.9% ownership stake |
| Van Eck Associates Corporation | 4.76% ownership stake |
| Sprott Asset Management LP | 3.92% ownership stake |
Institutional Ownership
Total institutional ownership percentage: 34.5% as of Q4 2023
Insider Ownership
- George Salamis (President & CEO): 1.2% direct ownership
- Joseph Mullin (CFO): 0.5% direct ownership
- Total insider ownership: 2.7%
Public Float
Approximately 62.8% of shares are publicly traded as of January 2024
Ownership Distribution
| Institutional Investors | 34.5% |
| Insider Ownership | 2.7% |
| Public Float | 62.8% |
Integra Resources Corp. (ITRG) Mission Statement
Corporate Overview
Integra Resources Corp. is a mineral exploration and development company focused on the DeLamar and Florida Mountain gold-silver projects located in southwestern Idaho, United States.
| Metric | Value |
|---|---|
| Stock Exchange Listing | TSX-V: ITRG |
| Project Location | Idaho, United States |
| Total Land Position | 5,600 hectares |
Strategic Objectives
- Advanced-stage gold and silver exploration and development
- Maximize shareholder value through strategic project advancement
- Responsible mineral resource development
Financial Highlights
| Financial Metric | Amount |
|---|---|
| Market Capitalization | Approximately $98.5 million (as of January 2024) |
| Cash Position | $23.4 million (Q4 2023) |
Project Metrics
| Project Parameter | Value |
|---|---|
| Measured and Indicated Resources | 4.5 million ounces gold equivalent |
| Inferred Resources | 2.2 million ounces gold equivalent |
Key Development Focus
DeLamar and Florida Mountain Gold-Silver Projects represent the primary asset portfolio, targeting comprehensive exploration and potential future production.
How Integra Resources Corp. (ITRG) Works
Company Overview
Integra Resources Corp. is a mineral exploration and development company focused on gold and silver projects in the western United States.
Key Project: DeLamar Project
Located in southwestern Idaho, the DeLamar Project is the company's primary asset.
| Project Metric | Value |
|---|---|
| Total Measured and Indicated Resources | 4.0 million ounces gold equivalent |
| Total Inferred Resources | 1.4 million ounces gold equivalent |
| Estimated Initial Capital Cost | $232 million |
| Estimated Annual Gold Production | 138,000 ounces |
Financial Structure
- Publicly traded on TSX Venture Exchange
- Trading symbol: ITRG
- Headquartered in Vancouver, Canada
Technical Details
The DeLamar Project includes multiple deposits with potential for open-pit mining operations.
| Deposit | Metal Type | Grade |
|---|---|---|
| DeLamar | Gold/Silver | 0.55 g/t gold |
| Florida Mountain | Gold/Silver | 0.42 g/t gold |
Operational Strategy
- Focus on advancing DeLamar Project towards production
- Continued exploration and resource expansion
- Potential future development of additional mineral properties
How Integra Resources Corp. (ITRG) Makes Money
Gold and Silver Exploration and Development
Integra Resources Corp. focuses on the exploration and development of the DeLamar Gold-Silver Project located in Idaho, United States.
| Project Location | Total Measured and Indicated Resources | Gold Equivalent Ounces |
|---|---|---|
| DeLamar Project, Idaho | 5.1 million ounces gold equivalent | 3.4 million ounces gold and 180 million ounces silver |
Financial Performance
As of 2024, Integra Resources generates revenue through:
- Mineral resource development
- Potential future gold and silver production
- Strategic partnerships and investments
Project Economic Metrics
| Economic Indicator | Value |
|---|---|
| Estimated Initial Capital Cost | $329 million |
| Projected Annual Gold Production | 146,000 ounces |
| Projected Annual Silver Production | 1.7 million ounces |
Market Capitalization
As of February 2024, Integra Resources Corp. market capitalization is approximately $130 million.
Stock Performance
Trading on the TSX Venture Exchange under ticker ITRG, with current stock price around $1.20 CAD.
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