Nevada North Project

Key Facts
LocationNevada, USA
Ownership100%
MetalGold & Silver
StatusDevelopment (Preliminary Economic Assessment)
Mine TypeOpen Pit
ProcessingHeap Leach
AcquisitionMay 2023

The Nevada North Project includes the Wildcat and Mountain View deposits in northwestern Nevada.

The Wildcat Deposit is a resource stage gold-silver deposit located within the Farrell mining district in Nevada, located ~56km northwest of the town of Lovelock within Pershing County. The property can be accessed year-round from Lovelock via State Route 399. The ~17,600 acre land package consists of 916 unpatented claims and 4 patented claims. The unpatented claims are publicly owned lands administered by the U.S. Bureau of Land Management (BLM). The mineralization at the Wildcat Deposit consists of gold-dominated, low sulfidation epithermal veins and disseminated oxide and sulphide mineralization hosted in volcanic-and intrusive-rocks. An updated mineral resource estimate and Preliminary Economic Assessment were released in June 2023.

The Mountain View Deposit is located within the Deephole mining district in Nevada, located 24km north of the town of Gerlach within Washoe County. The property can be accessed year-round via State Road 447 followed by 2km (1.2 miles) of gravel. The ~5,500-acre land package consists of 284 unpatented claims. The claims are publicly owned lands administered by the U.S. Bureau of Land Management (BLM). Gold-dominated mineralization at Mountain View consists of low sulfidation epithermal veins and disseminated oxide and sulphide mineralization hosted in Cenozoic volcanic rocks. An updated mineral resource estimate and Preliminary Economic Assessment were released in June 2023.

Nevada North Mineral Resources2
  1. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
  2. William Lewis, P.Geo, and Alan S J San Martin, AusIMM(CP), of Micon International Limited have reviewed and validated the mineral resource estimate for Wildcat & Mountain View, respectively. Both are independent qualified persons as defined in NI 43-101.
  3. The Wildcat Deposit estimate is reported for an open-pit mining scenario, based upon reasonable assumptions. The cut-off grade of 0.15 g/t Au was calculated using a gold price of US$1,800/oz, mining costs of US$2.4/t, processing cost of US$3.7/t, G&A costs of US$0.5/t, and metallurgical gold recoveries varying from 73.0% to 52.0% and silver recoveries of 18%. An average bulk density of 2.6 g/cm3 was assigned to all mineralized rock types. The Inverse Distance cubed interpolation was used with a parent block size of 15.24 m x 15.24 m x 9.144 m.
  4. The Mountain View Deposit estimate is reported for an open-pit mining scenario, based upon reasonable assumptions. The cut-off grade of 0.15 g/t Au was calculated using a gold price of US$1,800/oz, mining costs of US$1.67/t to US$2.27/t, processing cost of US$3.1/t, G&A costs of US$0.4/t, and metallurgical gold recoveries varying from 30.0% to 86.0% with a silver recovery of 20%. An average bulk density of 2.6 g/cm³ was assigned to all mineralized rock types. Inverse Distance cubed interpolation was used with a parent block size of 7.62 m x 7.62 m x 6.10 m. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grades, and contained metal content.
  5. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grades, and contained metal content.
  6. The estimate of mineral resources may be materially affected by geology, environment, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
  7. Neither Integra Resources Corp.’s nor Micon’s qualified person is aware of any known environmental, permitting, legal, title-related, taxation, socio-political, marketing, or other relevant issue that could materially affect the mineral resource estimate other than any information already disclosed in the Nevada North Report.
  8. See NI 43-101 technical report titled: “Technical Report Preliminary Economic Assessment for the Wildcat & Mountain View Projects, Pershing and Washoe Counties, Nevada, USA”, dated July 30, 2023, with an effective date of June 28, 2023 (“Nevada North Report”), available under Integra’s SEDAR+ profile at www.sedarplus.ca and EDGAR profile at https://www.sec.gov
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