Integra Resources Selects Ausenco for DeLamar Project Engineering Phase

Integra Resources announced the selection of Ausenco Engineering Canada Pty Ltd. to lead the detailed engineering and procurement efforts for their DeLamar Project. This key appointment, reported by Yahoo Finance, marks a crucial step forward in the company's plans for the Idaho-based gold and silver operation. Ausenco's role will encompass the comprehensive engineering design and the procurement of necessary equipment and services for the project. This phase is critical as it refines the technical specifications and prepares for subsequent construction activities. The DeLamar Project is envisioned to be a significant open-pit mining operation, primarily focused on extracting gold and silver. Integra Resources has been systematically advancing the DeLamar Project through various stages of development. The company previously completed a pre-feasibility study (PFS) in September 2022, which outlined the economic viability and technical parameters of the proposed mine. The PFS indicated robust potential for gold and silver production over an estimated mine life. The selection of an experienced engineering firm like Ausenco suggests Integra Resources is progressing towards the construction and operational phases. Ausenco brings a track record in delivering engineering solutions for mining and metals projects globally, which aligns with the scale and complexity of the DeLamar undertaking. The DeLamar Project site, historically a prolific mining area, holds substantial inferred and indicated mineral resources. Integra Resources aims to leverage modern mining techniques to develop these resources efficiently and responsibly. The detailed engineering phase is expected to finalize designs that incorporate environmental considerations and optimize operational efficiencies. This development is noteworthy for stakeholders monitoring the progress of new precious metals production. The successful execution of the detailed engineering and procurement phases will be instrumental in de-risking the project and moving it closer to a production decision. Integra Resources continues to focus on value creation through the advancement of its core assets.