Integra Resources (TSXV: ITR; NYSE American: ITRG) has released a pre-feasibility study (PFS) on the DeLamar gold-silver project in Idaho, outlining a two-pronged approach to both affordable near-term and sustainable long-term production.
Company founder, president and CEO George Salamis tells The Northern Miner the PFS captures the company’s “crowning achievement” following two years of work by the Integra team and its various consultants.
Following on from the success of the 2019 preliminary economic assessment, this PFS is a materially different and more significant scale project, entailing both heap leaching and milling.
“Despite inflationary pressure currently overhanging the mining industry from a capital and operating cost perspective, the project continues to demonstrate strong positive economics and a high degree of optionality in terms of the scale, mining/processing scope and capital cost of gold-silver mines to be built at the project,” says Salamis in an interview.
