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Integra Resources Q2 gold output rises 30% at Florida Canyon

July 23, 2026 4:06 PM

Integra Resources Corp. (NYSE American: ITRG) reported gold production of 16,379 ounces at its Florida Canyon mine in Nevada during the second quarter ended June 30, 2026, a 30% increase from the 12,635 ounces produced in the first quarter of 2026.

The company said ore mined rose 47% quarter-over-quarter to 4.4 million tonnes, while total ore placed on heap leach pads increased 45% to approximately 4.2 million tonnes. Total material movement averaged 87,867 tonnes per day during the quarter, which the company described as a record rate for the mine. The strip ratio fell to 0.81 from 1.30 in the prior quarter.

Gold sold in the second quarter totaled 15,794 ounces, bringing year-to-date gold production to 29,014 ounces. The company maintained its full-year 2026 gold production guidance of 70,000 to 75,000 ounces.

Cash and cash equivalents stood at $111.1 million as of June 30, 2026. The company noted that these financial figures are preliminary and subject to change upon completion of its quarter-end reporting process.

President and CEO George Salamis said approximately 4.2 million tonnes of ore were placed on the heap leach pads during the quarter, creating what he called "a large inventory of recoverable gold ounces" expected to support production through the remainder of the year.

Integra also referenced a June 2026 updated Feasibility Study for Florida Canyon that outlined an 8-year mine life, a 74% increase in proven and probable mineral reserves, and projected after-tax free cash flow of $0.8 billion, a non-GAAP measure.

The company plans to release full second-quarter financial results on August 11, 2026, followed by a management conference call on August 12, 2026, according to the press release.

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