Integra Resources Corp. (“Integra” or the
“
Company”)
(TSXV: ITR; NYSE American:
ITRG) is pleased to announce the publication of its 3rd
annual Sustainability Report, outlining performance and progress in
the Company’s Environmental, Social, and Governance (“ESG”)
practices at the DeLamar Project (“DeLamar” or the “Project”)
located in southwest Idaho.
- Sustainability Report
Highlights: Integra’s annual report showcases progress in
key sustainability metrics at DeLamar, including the completion of
comprehensive environmental baseline studies supporting responsible
mine plan design and the Company’s first public disclosure of
sustainability goals that drive performance towards resilient
operations.
- Stakeholder Engagement
Growth: Integra increased efforts in stakeholder
engagement programs, tracking interactions with over 6,200
stakeholders surrounding DeLamar in 2022. Key stakeholders include
civic/non-profit organizations, local residents, Tribal Nations,
educational institutions, as well as others, highlighting the
Company’s transparent and collaborative approach to project
development. To view a summary video of local stakeholder
interviews regarding DeLamar, click on the following link:
https://youtu.be/e5TE94AjJWI
- Governor's
Proclamation: The Company was honored to receive an
official proclamation from Idaho’s Governor, Brad Little, declaring
August 18, 2023 as “DeLamar Day” in the great State of Idaho. To
read the proclamation, click on the following link:
https://gov.idaho.gov/wp-content/uploads/2023/09/delamarday.pdf
- Historic Hall of Fame
Induction: Carolyn Loder, Integra Board Member and Chair
of the Board’s ESG Committee, was recently inducted into the
National Mining Hall of Fame. This achievement signifies the first
living woman to be inducted into the Hall of Fame and recognizes
Carolyn’s devotion to preserving mining viability and promoting
robust engagement with Tribal Nations and local communities.
Integra’s President, CEO & Director,
Jason Kosec commented: "Significant progress in the
advancement of DeLamar has been made this year with the completion
of baseline field studies to support advanced mine design work. We
consider the achievement of our sustainability goals, particularly
with respect to our social performance, as a key value-driver for
both our investors and our communities. The honor of receiving the
Governor of Idaho’s proclamation for DeLamar Day is not only
representative of this jurisdiction’s strong support for the
revitalization of the DeLamar Project, but also acknowledges the
breadth of benefits the State sees in the responsible development
of its natural resources. Furthermore, I would like to acknowledge
the prestigious induction of Carolyn Loder, Chair of the Integra
Board of Directors’ ESG Committee, into the National Mining Hall of
Fame, recognizing her exceptional work with Tribal Nations and
mining communities across the United States."
Sustainability Report
Integra’s latest Sustainability Report for
DeLamar is a comprehensive document that outlines the Company's
commitments and performance in its ESG practices. The
Sustainability Report speaks to the vast amount of work various
departments have completed, advancing Integra’s vision for
developing projects that generate an enduring positive legacy for
both the community and shareholders.
The report is available on Integra’s website by
clicking on the following
link:https://integraresources.com/site/assets/files/2572/integrareport_medium_fv.pdf
A summary of ESG milestones highlighted in the
Sustainability Report for DeLamar include:
Environment:
- Baseline Studies – in advance of
submitting the Mine Plan of Operations for DeLamar and beginning
the National Environmental Policy Act (“NEPA”) process, Integra
invested approximately US$2.7 million conducting comprehensive
baseline studies over the course of 2022 and continued this work
through 2023. The baseline studies gather essential data to develop
environmental mitigation strategies on future proposed mining
operations.
- Zero Reportable Spills at DeLamar –
continuing Integra’s strong record of performance in environmental
management.
- Mine Plan Engineering for DeLamar –
focus on the advanced study and design of the proposed mine plan,
including specific focus on water quality, water quantity,
biodiversity preservation, and community considerations.
Social:
- Stakeholder Outreach – over the
course of 2022, Integra engaged with over 6,200 stakeholders
surrounding DeLamar, with the top categories being civic/non-profit
organizations, local residents, and educational institutions.
- Tribal Nation Consultation –
Integra continues to place great importance on building
relationships with Tribal Nations with traditional, ancestral, and
contemporary lands surrounding DeLamar. Feedback received expressed
a need for increased, early (pre-NEPA) engagement, and
on-the-ground monitoring, which led to a Tribal Cultural Resource
Monitor training held in partnership between Tribal Nations,
Integra, the Boise District Bureau of Land Management (“BLM”), and
the Idaho National Guard.
- Community Investment – Integra
invested approximately US$100,000 into its local communities in
donations, sponsorships, and in-kind support, guided by the
Company’s Community Investment Policy.
- Health & Safety – 2022 saw a
significant improvement in Health & Safety incident rates, with
rates of 0.0 for both the 42,000 employee hours and 20,000
contractor hours worked at DeLamar.
Governance:
- Culture Committee – to further
operationalize Integra’s core values throughout the day-to-day
experience of the Integra team, the Culture Committee was formed in
March of 2022 and has held several meetings to foster, monitor, and
improve Integra’s culture.
- Diversity & Inclusion – Women
of Integra events have been a welcome and consistent action to
underscore the Company’s commitment to diversity and inclusion, and
have regular involvement from site staff, management, and the
Board.
DeLamar Day Governor
Proclamation
Integra was honored to receive an official
proclamation from Brad Little, Governor of the State of Idaho,
proclaiming August 18, 2023 as “DeLamar Day” in the great State of
Idaho. This proclamation underscores the State’s recognition of the
pivotal role of mining in Idaho's history, and the important
contributions to the State that responsible natural resource
development will continue to play. The proclamation also highlights
Integra’s commitment to responsible and sustainable resource
development, emphasizing modern mining practices, environmental
protection, and community engagement. This year’s DeLamar Day event
attracted roughly 250 Owyhee and Malheur County residents to Jordan
Valley, and celebrated the rich Tribal, Basque, ranching and mining
cultural fabric of the region.
Idaho Governor Brad Little’s Proclamation can be
viewed in the following link:
https://gov.idaho.gov/wp-content/uploads/2023/09/delamarday.pdf
Social Performance
The Sustainability Report published today
highlights the strong social performance that has been established
upon the Company’s firm commitment to building genuine
relationships within the communities in which we operate. Integra
firmly believes that resilient relationships are integral to the
sustainable success of the business, and acknowledges the
responsibility to actively listen to communities and constructively
collaborate in the mine design processes.
A summary video of local stakeholder interviews
regarding the DeLamar Project can be viewed in the following link:
https://youtu.be/e5TE94AjJWI
National Mining Hall of Fame
Induction
Integra is proud to announce the recent
induction of Carolyn Loder, Integra Board member and Chair of the
Board’s ESG Committee, into the National Mining Hall of Fame. This
marks the first induction of a living woman into the Hall of Fame
and is a testament to Carolyn’s remarkable dedication to the mining
industry spanning over four decades. Throughout her career, Carolyn
has championed the preservation of mining viability while
advocating the value that building robust and transparent
relationships with Tribal Nations and local communities has, all
while preserving access to vital mineral resources on public lands.
Her efforts were nationally recognized when she received the U.S.
Department of Agriculture's honor for her "Significant Contribution
to the Nation's Energy Program", specifically for her work in
safeguarding access to the nation's mineral resources. Her
dedication to transparency and fairness earned her accolades from
both Tribal Nation communities and the industry. Carolyn's
significant influence continued as she served on the BLM Resource
Advisory Council for Arizona, representing mining and energy, where
she successfully garnered support for opposing the withdrawal of
over a million acres from mineral entry in Arizona.
DeLamar Project Overview
The past producing DeLamar project, which
includes the adjacent DeLamar and Florida Mountain gold and silver
deposits, is located in Owyhee County in southwest Idaho. Since
acquiring the Project in 2017, the Company has demonstrated
significant resource growth and conversion while providing robust
economic studies in its maiden Preliminary Economic Assessment and
Pre-feasibility Study. A copy of the full Report is available on
the Company’s website and has been filed on SEDAR+
at www.sedarplus.ca and EDGAR
at www.sec.gov.
About Integra Resources
Integra is one of the largest precious metals
exploration and development companies in the Great Basin of the
Western USA. Integra is currently focused on advancing its
three-flagship oxide heap leach projects: the past producing
DeLamar Project located in southwestern Idaho and the Wildcat
Project and Mountain View Project located in western Nevada. The
Company also holds a portfolio of highly prospective early-stage
exploration projects in Idaho, Nevada, and Arizona. Integra’s
long-term vision is to become a leading USA-focused mid-tier gold
and silver producer.
ON BEHALF OF THE BOARD OF DIRECTORS
Jason KosecPresident, CEO and Director
CONTACT INFORMATION
Corporate Inquiries: ir@integraresources.comCompany website:
www.integraresources.comOffice phone: 1 (604) 416-0576
Forward Looking and Other Cautionary
Statements
Certain information set forth in this news
release contains “forward‐looking statements” and “forward‐looking
information” within the meaning of applicable Canadian securities
legislation and applicable United States securities laws (referred
to herein as forward‐looking statements). Except for statements of
historical fact, certain information contained herein constitutes
forward‐looking statements which includes, but is not limited to,
statements with respect to: the future financial or operating
performance of the Company and the Company’s mineral properties and
project portfolio; magnitude or quality of mineral deposits; the
anticipated advancement of the Company’s mineral properties and
project portfolios; the realization of the expected economics of
mineral properties; future growth potential of mineral properties;
and future development plans.
Forward-looking statements are often identified
by the use of words such as “may”, “will”, “could”, “would”,
“anticipate”, “believe”, “expect”, “intend”, “potential”,
“estimate”, “budget”, “scheduled”, “plans”, “planned”, “forecasts”,
“goals” and similar expressions. Forward-looking statements are
based on a number of factors and assumptions made by management and
considered reasonable at the time such information is provided.
Assumptions and factors include: the Company’s ability to complete
its planned exploration programs; the absence of adverse conditions
at mineral properties; no unforeseen operational delays; no
material delays in obtaining necessary permits; the price of gold
remaining at levels that render mineral properties economic; the
Company’s ability to continue raising necessary capital to finance
operations; and the ability to realize on the mineral resource and
reserve estimates. Forward‐looking statements necessarily involve
known and unknown risks and uncertainties, which may cause actual
performance and financial results in future periods to differ
materially from any projections of future performance or result
expressed or implied by such forward‐looking statements. These
risks and uncertainties include, but are not limited to:
integration risks; general business, economic and competitive
uncertainties; the actual results of current and future exploration
activities; conclusions of economic evaluations; meeting various
expected cost estimates; benefits of certain technology usage;
changes in project parameters and/or economic assessments as plans
continue to be refined; future prices of metals; possible
variations of mineral grade or recovery rates; the risk that actual
costs may exceed estimated costs; geological, mining and
exploration technical problems; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; delays in obtaining
governmental approvals or financing; the speculative nature of
mineral exploration and development (including the risks of
obtaining necessary licenses, permits and approvals from government
authorities); title to properties; and management’s ability to
anticipate and manage the foregoing factors and risks. Although the
Companies have attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in the forward-looking statements, there may be
other factors that cause actions, events or results not to be as
anticipated, estimated or intended. Readers are advised to study
and consider risk factors disclosed in Integra’s annual report on
Form 20-F dated March 17, 2023 for the fiscal year ended December
31, 2022, and Millennial’s management’s discussion and analysis
dated April 28, 2023 for the fiscal year ended December 31,
2022.
There can be no assurance that forward‐looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. The Company undertakes no obligation to update
forward‐looking statements if circumstances or management’s
estimates or opinions should change except as required by
applicable securities laws. The forward-looking statements
contained herein are presented for the purposes of assisting
investors in understanding the Company’s plans, objectives and
goals, and may not be appropriate for other purposes.
Forward-looking statements are not guarantees of future performance
and the reader is cautioned not to place undue reliance on
forward‐looking statements.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Integra Resources (TSXV:ITR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Integra Resources (TSXV:ITR)
Historical Stock Chart
From Nov 2023 to Nov 2024