Integra Resources (TSX-V: ITR; NYSE-A: ITRG) says its DeLamar gold-silver project in Idaho cleared a key hurdle last month with the government accepting the mine plan of operations.
It expects to receive by year-end a notice of intent from the Bureau of Land Management to enter the National Environmental Policy Act process – kicking off what CEO George Salamis pegs as roughly a two-year process to the record of decision.
“We’re seeing the desire to go faster in our dialogue with federal regulators,” Salamis told The Northern Miner during the Precious Metals Summit last month.
A DeLamar heap-leach feasibility study is also due later this year and is designed to hold annual output in the 120,000–140,000 oz. range while extending mine life towards a decade, from eight years in the last study. The uplift comes from incorporating historic low-grade stockpiles that were excluded previously when the site ran a higher cut-off mill operation.
Integra bought Nevada’s Florida Canyon mine mid-last year. “We bought Florida Canyon to get us into cash flow, to get us off the dilution train,” Salamis said.
Integra is also pushing its Nevada North assets – Wildcat and Mountain View – both within a short haul of Florida Canyon, allowing the producer to leverage resources as studies advance toward a pre-feasibility next year.
Watch the full interview below with The Northern Miner’s Western Editor, Henry Lazenby.
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