Integra Resources Sets Growth Strategy for Florida Canyon Gold Production Through 2028

Integra Resources Charts Strategic Growth with Florida Canyon Production Guidance

Integra Resources Corp. recently unveils a comprehensive production outlook for its Florida Canyon operation, setting the stage for sustained growth and operational stability. For the year 2026, Florida Canyon is projected to yield between 70,000 and 75,000 ounces of gold, with output forecasted to increase to 80,000-90,000 ounces annually in 2027 and 2028. This production increase underscores Integra's commitment to establishing Florida Canyon as a reliable, cash-generating asset and positions the company to better navigate market fluctuations in precious metals.

CEO George Salamis emphasizes that the operational reliability and maintenance discipline outlined in the 2026 plan are crucial for solidifying Florida Canyon's status as a long-term, high-quality producing asset. The company's guidance also includes a total cash cost range of $1,900 to $2,100 per ounce sold and an all-in sustaining cost (AISC) of $2,750 to $2,950 per ounce, calculated against an assumed average gold price of $3,800 per ounce. Salamis indicates the company's approach to re-investment — including strategic infrastructure upgrades — may increase near-term costs but will ultimately enhance Florida Canyon's operational effectiveness and extend its mine life.

In terms of financial commitments, Integra outlines a range of capital expenditures for 2026, with sustaining capital guided at $62.0 to $68.0 million and growth capital at $7.5 to $9.5 million. The company's developmental investments, particularly focused on the DeLamar and Nevada North projects, allocate $35.0 to $40.0 million for advancement activities, alongside $38.0 to $42.0 million earmarked for pre-production costs and land acquisitions at DeLamar. This well-rounded approach illustrates Integra’s strategic vision toward long-term sustainability and growth in the evolving mining landscape.

In a different segment of the industry, Locksley Resources Limited embarks on diamond drilling at its Desert Antimony Mine in California, marking a significant milestone in advancing a domestic source of antimony, a critical mineral vital for U.S. national security. The commencement of drilling follows extensive preparatory work, including earthworks and geological mapping, ensuring that the company is well-positioned to evaluate potential mining capacity effectively.

Locksley's Managing Director, Kerrie Matthews, highlights this development as a key step in their mission to establish a U.S. antimony source, reinforced by partnerships with academic institutions like Rice University and the U.S. Department of Energy for metallurgical testwork. This collaborative strategy aims to facilitate innovative processing technologies and separate production pathways while attracting U.S. partners to bolster domestic mineral supply chains in the face of increasing geopolitical and economic pressures.