Overview

War Eagle Mountain is located 3 km southeast of Florida Mountain and 9 km east of DeLamar in the Owyhee Mountain range in southwestern Idaho. The Company has optioned War Eagle from Nevada Select, a wholly owned subsidiary of Ely Gold Royalties, Inc. Nevada Select will transfer its right, title and interest in the State Lease, subject to a 1.0% net smelter royalty on future production from the deposit payable to Ely Gold, to DeLamar Mining. Under the option agreement, Integra will pay Nevada Select US$200,000 over a period of four years in annual payments.

Integra drilled 2,230 m over a strike length of 300 m in the Fall of 2019. High-grade results included:

Drill Hole Number

From (m)

To
(m)

Interval
(m)
(1)

g/t Au(3)

g/t Ag(3)

g/t AuEq(2)

IWE-19-01

Incl:

Incl:

116.74

116.74

147.83

150.88

121.01

150.88

34.14

4.27

3.05

10.88

73.62

9.93

115.31

817.26

48.34

12.37

84.14

10.55

IWE-19-01

315.16

317.30

2.13

6.03

269.33

9.50

IWE-19-02

Incl:

172.82

194.16

196.14

195.38

23.32

1.22

1.40

8.32

51.42

713.73

2.06

17.51

IWE-19-02

87.48

88.70

1.22

2.32

0.83

2.33

  1. Downhole thickness; not yet able to estimate true width as drill hole data for only 3 drill holes has been received to date.
  2. Gold equivalent = g Au/t + (g Ag/t รท 77.70)
  3. Intervals reported are uncapped

Results are pending from four additional drill holes completed at War Eagle. Given the high grades results reported today, Integra plans on completing additional exploration work at War Eagle in the Spring of 2020. A soil sampling program completed in early November delineated a large north-south trending 200 m x 1000 m soil arsenic and gold anomaly several hundred meters east of the structures drilled in 2019. An induced polarization survey is also planned for late Q2 2020 to help define drill targets in this large As-Au anomaly prior to recommencing drilling.