Gold-Silver in the Great Basin: 7.1M Oz Resource, Largest Non-Major

Jason Kosec, President, CEO and Director of Integra Resources Corp. (NYSE: ITRG | TSXV: ITR), recently shared insights with Small Cap Steve at the Rule Symposium in Boca Raton, Florida, focusing on the company’s gold projects in Idaho and Nevada.

Integra holds the distinction of controlling the largest gold and silver resource in the Great Basin not owned by a major mining company. Their portfolio boasts 7.1 million ounces and a net present value approaching $1 billion at $2,000 gold.

Kosec outlined key milestones, including the forthcoming feasibility study for their DeLamar project in Idaho, slated for Q4 2024, with potential production commencing by 2027. He also touched on the company’s recent spinout of a copper porphyry project in Arizona and an exciting drill program underway in Nevada.

Highlighting the potential in Nevada, Kosec said: “Nevada is 1.3 million ounces on five acres…and now we’ve gone from five acres to 400 acres so [there’s] a significant resource expansion coming out of Nevado over the next couple of months and we’ll have the feasibility out in Q4.”

With a current market cap of $90 million, Kosec believes Integra is significantly undervalued and expects the value gap to close as they progress toward production and expand their resource base.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Related News

Flat Gold Project: Tectonic Metals’ Tier One Opportunity

At The Rule Symposium in Boca Raton, Florida, Tony Reda, President and CEO of Tectonic...

Thursday, July 11, 2024, 07:15:00 AM

Yukon’s Untapped Gold Potential with Simon Ridgway of Gold Group Management

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Steve sat down...

Thursday, July 18, 2024, 02:34:00 PM

Restarting Sudbury’s Crean Hill Nickel & Copper Mine with Paul Fowler of Magna Mining

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Steve interviewed Paul...

Wednesday, July 17, 2024, 02:55:00 PM

Integra Resources Reports Production of 72,229 Ounces Of Gold At Florida Canyon For 2024

The final production numbers are in for Integra Resources (TSXV: ITR) at their Florida Canyon...

Thursday, January 23, 2025, 08:27:20 AM

GoldMining, Inc: Breaking the Gold Equity Value Trap

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Alastair Still, CEO...

Friday, July 12, 2024, 07:08:00 AM