Integra Resources Reports 30% Rise in Second-Quarter Gold Production at Florida Canyon

• Florida Canyon produced 16,379 ounces of gold in the second quarter of 2026, a 30% increase over the first quarter, and sold 15,794 ounces.
• Record total material movement included a 47% increase in ore mined and a 45% increase in ore placed on the heap leach pads quarter-on-quarter.
• The mine moved 4.4 million tonnes of ore and 3.6 million tonnes of waste at a strip ratio of 0.81, averaging a record 87,867 tonnes per day (tpd).
• Year-to-date gold production reached 29,014 ounces, and Integra maintained full-year 2026 guidance of 70,000 to 75,000 ounces.
• Cash and cash equivalents stood at US$111.1 million as at June 30, 2026, with full second-quarter financial results due on August 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.

Second-Quarter Production

Florida Canyon produced 16,379 ounces of gold during the second quarter of 2026, a 30% increase over the first quarter, and sold 15,794 ounces. Silver production was 12,392 ounces against sales of 12,581 ounces. Year-to-date gold production reached 29,014 ounces, with 28,312 ounces sold.

The production increase was supported by a 47% increase in ore mined and a 45% increase in ore placed on the heap leach pads, while processed grade rose 21% to 0.23 grams per tonne (g/t) gold. The gold recovery rate was 57.8% for the quarter, and the ore blending strategy developed earlier in the year continued to leach as expected.

President and Chief Executive Officer of Integra Resources, George Salamis, frames the quarter plainly:

"Florida Canyon continued to build operational momentum during the second quarter, with gold production increasing 30% from the first quarter and both total material moved and ore placed on the heap leach pads reaching record levels."

Mining & Ore-Stacking Rates

The mine moved 4.4 million tonnes of ore and 3.6 million tonnes of waste at a strip ratio of 0.81, for a total of roughly 8 million tonnes. That equated to an average mining rate of 87,867 tonnes per day (tpd), a record for the operation. Total tonnes mined rose 16% over the first quarter, ore mined rose 47%, and waste mined fell 8%, while the strip ratio dropped 38%.

The higher rates reflect the integration of new mining equipment into the fleet over the prior two quarters and shorter haul distances. Approximately 4.2 million tonnes of ore were placed on the heap leach pads during the quarter, creating an inventory of recoverable ounces that Integra expects to support stronger production through the balance of 2026.

Financial Position & Feasibility Study

Cash and cash equivalents stood at US$111.1 million as at June 30, 2026. The figure is preliminary and subject to completion of the company's quarter-end financial reporting process.

In June 2026, Integra released an updated feasibility study and life-of-mine plan for Florida Canyon outlining an 8-year mine life, a 74% increase in proven and probable mineral reserves, a 17% increase in annual gold production, and US$0.8 billion in after-tax free cash flow. From 2027, the company expects higher annual gold production, lower operating costs, and stronger cash flow, positioning Florida Canyon to support the continued advancement of the DeLamar and Nevada North projects.

Next Steps

Integra maintained full-year 2026 gold production guidance of 70,000 to 75,000 ounces, with production expected to increase over the balance of the year as heap-leach inventory is recovered. The company will release its second-quarter 2026 financial results after market close on August 11, 2026, followed by a conference call and webcast on August 12, 2026.

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