Integra Resources (ITR) investor relations material

Strategic positioning and growth focus

• Positioned as a growth-focused precious metals producer in the Great Basin, with a portfolio of three key assets: Florida Canyon Mine (Nevada), DeLamar Project (Idaho), and Nevada North Project (Nevada).

• Florida Canyon is the principal operating asset, generating cash flow to fund development at DeLamar and Nevada North.

• Built-in pipeline of complementary heap leach projects underpins a robust growth profile, with a peer-leading resource inventory of 7.0Moz AuEq M&I and 3.1Moz AuEq Inferred.

• Strong leadership team with deep experience in mining, project development, and capital markets.

• Transition from developer to producer offers an attractive entry point for investors, with significant valuation upside relative to peers.

Asset overview and operational highlights

• Florida Canyon Mine: Operating heap leach gold mine with 2025 guidance of 70,000–75,000 oz Au, 6-year LOM, and ongoing optimization and growth drilling.

• DeLamar Project: Advanced development-stage gold-silver project with 8-year LOM, average production of ~136,000 oz AuEq/year (heap leach only), and feasibility study expected in Q4 2025.

• Nevada North Project: PEA-stage heap leach project with 13-year LOM, average production of ~80,000 oz AuEq/year, and significant exploration upside at Wildcat and Mountain View deposits.

• Florida Canyon Mine achieved record production in 2023 and 2024, with ongoing capital investment and process optimization to support long-term profitability.

• Growth drilling at Florida Canyon in 2025 targets near-surface oxide material, inter-pit expansion, and lateral extensions to increase resources and extend mine life.

Financials, capital allocation, and market positioning

• Basic market capitalization of ~$415M (as of September 2025), with a cash balance of ~$63M and 169M basic shares outstanding.

• 2025 guidance includes $48–53M in sustaining capital and $8–10M in growth capital at Florida Canyon, with $14.5–15.5M allocated to project advancement at DeLamar and Nevada North.

• Florida Canyon Mine 2025 cash cost guidance: $1,800–1,900/oz; AISC: $2,450–2,550/oz.

• Trades at a significant discount to junior producer peers, with a re-rating expected as the transition to producer status is completed.

• Supported by large institutional and strategic investors, including Wheaton, Alamos, and Beedie.