Florida Canyon Output Rises 8% as Integra Holds 70,000 to 75,000 Ounce Guidance

• Florida Canyon produced 17,652 ounces of gold in the third quarter, up 8% from the second quarter and 40% from the first quarter.
• Ore mined rose 21% and ore placed on the heap leach pads rose 25% from the second quarter, with mining rates averaging 97,428 tons per day, another record.
• The strip ratio fell to 0.68, and processed grade rose 9% from the second quarter.
• Integra is targeting full-year 2026 gold production of 70,000 to 75,000 ounces, with 46,666 ounces produced in the first 9 months.
• Cash and cash equivalents stood at $119.464 million as of September 30, 2026, ahead of third-quarter financial results due November 11, 2026.

Company Overview

Integra Resources (TSXV: ITR | NYSE American: ITRG) is a precious metals producer operating in the Great Basin of the western United States. Its principal operating asset is the producing Florida Canyon Mine in Nevada, and its development pipeline comprises the past-producing DeLamar Project in southwestern Idaho and the Nevada North Project in western Nevada.

Production Rises 8% on Higher Mining & Stacking Rates

The Florida Canyon Mine produced 17,652 ounces of gold in the third quarter ended September 30, 2026, up 8% from the second quarter and 40% from the first quarter. The mine sold 16,760 ounces of gold in the quarter and has produced 46,666 ounces of gold in the first 9 months of 2026. The company produced 13,182 ounces of silver and sold 12,530 ounces in the quarter. Ore mined and ore placed on the heap leach pads have increased through the year.

The mine moved 5.3 million tons of ore and 3.6 million tons of waste in the third quarter, averaging 97,428 tons per day, another record quarter of tons moved. Total mining activity rose 12% from the second quarter to approximately 9.0 million tons. Higher tonnage increased the ounces stacked on the heap leach pads, driving quarter-over-quarter production growth.

Lower Strip Ratio & Higher Processed Grade

The strip ratio, the amount of waste mined per unit of ore, was 0.68 in the third quarter, compared with 1.01 over the first half of 2026. That is a 16% decrease from the second quarter and a 48% decrease from the first quarter. Processed gold grade was 0.25 grams per tonne in the third quarter, compared with 0.22 grams per tonne over the first half, a 9% increase from the second quarter and a 32% increase from the first quarter.

The blended gold recovery rate was 52.5% in the third quarter, compared with 58.5% over the first half. Higher run-of-mine ore placement contributed to the lower rate, because run-of-mine ore has a lower expected recovery than crushed ore. Management is monitoring and refining the ore stacking and blending strategy used since the first quarter as mining rates rise.

Central Pit Pre-Stripping & Mine Investment

The Central Pit pre-stripping campaign is a priority for the site team, with work progressing toward improved access to higher-grade ore in 2027. Management is targeting higher-grade ore from the Central Pit to support production in the coming years, and strategic investments at Florida Canyon will continue into 2027 at a lower expected rate.

President, Chief Executive Officer and Director of Integra, George Salamis, described the operating objective behind those investments:

"Our goal is to make Florida Canyon a more predictable, cost-effective operation through targeted investments in stripping, leach pad expansion, mobile fleet and other infrastructure improvements."

Guidance & Cash Position

Integra continues to target its previously announced full-year gold production guidance of 70,000 to 75,000 ounces. Mining rates are expected to remain elevated in the fourth quarter as management focuses on that guidance.

Cash and cash equivalents were $119.464 million as of September 30, 2026. The figure is preliminary and subject to completion of the quarterly financial reporting process. Salamis linked the cash position to the company's spending plans:

"With $119 million of cash on hand, we are well positioned to fund ongoing investment at Florida Canyon and growth-focused exploration while advancing our project pipeline."

Next Steps

• Integra plans to release third-quarter 2026 financial results after market close on November 11, 2026, followed by a conference call on November 12, 2026 at 10:00 AM EST.
• The Central Pit pre-stripping campaign at Florida Canyon continues, with work progressing toward improved access to higher-grade ore in 2027.
• The DeLamar Project is progressing through permitting toward a Final Investment Decision, expected in the second half of 2027.
• Integra is completing economic studies and pre-permitting work at the Nevada North Project.

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