Integra Resources Corp. (TSXV: ITR) announced this morning the drill results from the Florida Mountain Deposit at the DeLamar Project, situated in southwestern Idaho. The results highlight an intersection of 3.20 g/t gold and 790.50 g/t silver over 6.71 metres.
Highlights of the drill results announced today include:
- FME-21-118: 3.20 g/t gold and 790.50 g/t silver over 6.71 metres; including 27.04 g/t gold and 6,631 g/t silver over 0.76 metres
- FME-21-116: 4.28 g/t gold and 1,689 g/t silver over 0.92 metres
- FME-21-110: 2.10 g/t gold and 2.38 g/t silver over 17.38 metres
- FME-21-109: 1.01 g/t gold and 2.34 g/t silver over 24.39 metres
The company also relayed that after the “high-grade gold-silver intercepts” at Florida Mountain, it deems to incorporate these results into an updated resource estimate. This resulted in deferring the previously scheduled Q2 2021 resource estimate to early Q4 2021, which is expected to be released in conjunction with the firms planned pre-feasibility study.
Integra currently has a total of 4 drill rigs in operation at DeLamar, with 2 rigs at Florida Mountain and 2 rigs situated in the BlackSheep District on the Georgianna Target. The company plans to one rig to the eastern flank of Florida Mountain to test the Florida Keys target and also plans to start drilling at the War Eagle site in late summer.
Integra Resources Corp. last traded at $3.92 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.