Integra Intersects 2.26 G/T AuEq Over 102 M at Sullivan Gulch, Together with 1.30 G/T Au and a couple of,718 G/T Ag (36.28 G/T AuEq) Over 1.53 M

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  • Drill outcomes from Sullivan Gulch (situated on the japanese portion of the DeLamar Deposit) and Sommercamp-Regan at DeLamar embrace:
    • IDM-22-204 – Sullivan Gulch
      • 0.57 grams per tonne (“g/t”) gold (“Au”) and 131.29 g/t silver (“Ag”) (2.26 g/t gold equal (“AuEq”)) over 102.11 meters (“m”)
        • Together with 0.78 g/t Au and 875.25 g/t Ag (12.05 g/t AuEq) over 6.09 m
        • Together with 1.30 g/t Au and a couple of,718 g/t Ag (36.28 g/t AuEq) over 1.53 m
        • Together with 0.46 g/t Au and 176.01 g/t Ag (2.73 g/t AuEq) over 12.19 m
    • IDM-22-206 (the primary 100 m is thru historic Backfill) – Sommercamp-Regan (Most important DeLamar Pit space)
      • 0.27 g/t Au and 48.42 g/t Ag (0.89 g/t AuEq) over 110.64 m
    •  IDM-22-207
      • 0.18 g/t Au and 24.36 g/t Ag (0.50 g/t AuEq) over 99.06 m
  • These drill holes, which had been a part of a metallurgical drill program and reveal the robust continuity of gold-silver on the Undertaking, additionally lengthen the recognized mineralization at Sullivan Gulch by 30 m.
  • The primary 100 m of drill gap IDM-22-206 examined historic backfill and encountered robust AuEq grades that might additional complement future heap leach plans, offering extra proof that these low-grade stockpiles and backfill at DeLamar and Florida Mountain have the potential to extend the Oxide-Blended useful resource on the Undertaking.
  • A portion of the high-grade intercepts introduced right this moment proceed to outline the just lately found high-grade Northwest putting gold-silver zone that underlies the majority tonnage low-grade useful resource at Sullivan Gulch, with continuity within the North zone of 350 m and the South zone of 350 m.

VANCOUVER, British Columbia, July 21, 2022 (GLOBE NEWSWIRE) — Integra Sources Corp. (“Integra” or the “Firm”) (TSX-V: ITR; NYSE American: ITRG) is happy to announce drill outcomes from the DeLamar Undertaking (“DeLamar” or the “Undertaking”) situated in southwestern Idaho. The drill outcomes introduced right this moment embrace lengthy runs of robust mineralization at DeLamar, together with a number of high-grade hits of silver. Drill gap IDM-22-207 prolonged mineralization beneath the Pre-feasibility Examine (“PFS”) Pit Constrained Useful resource by 30 m and drill gap IDM-22-206 demonstrated the potential for useful resource within the historic stockpiles and backfill on the Undertaking.

“Integra continues to be very lively on the bottom and continues to execute on our said goal of displaying useful resource progress potential on a myriad of exploration fronts at DeLamar whereas advancing the Undertaking in the direction of allowing. The drill holes introduced right this moment proceed to outline Sullivan Gulch as an excellent, prolific gold-silver goal with substantial upside for future mining and processing eventualities. Sullivan Gulch is outlined by a 100 m to 300 m broad thicknesses of disseminated low-grade, gold-silver mineralization underlain by a newly found high-grade gold-silver zone. This high-grade zone is open to the south, laterally, and at depth, complimenting the majority tonnage useful resource above it, “famous President and CEO George Salamis. “Right now’s intercept extends mineralization beneath the PFS useful resource pit by 30 m. As well as, the brand new high-grade zone has now been intercepted over a vertical extent of 215 m, and alongside a strike size of 350 m within the Northern zone and 350 m within the Southern zone. There stays a 370 m untested hole between the Northern and Southern high-grade zones, presenting an apparent excessive precedence drill goal.”

The next desk highlights chosen intercepts from the Sullivan Gulch drill outcomes introduced right this moment:

Drill Gap From (m) To (m) Interval (m) g/t Au g/t Ag g/t AuEq
IDM-22-204 206.65 308.76 102.11 0.57 131.29 2.26
together with 208.18 214.27 6.09 0.78 875.25 12.05
together with 209.70 211.23 1.53 1.30 2,718.00 36.28
together with 234.09 246.28 12.19 0.46 176.01 2.73
together with 269.14 275.23 6.09 1.13 180.00 3.45
together with 281.33 284.38 3.05 1.07 382.00 5.99
together with 288.95 292.00 3.05 1.19 132.44 2.90
together with 302.67 304.19 1.52 3.16 228.00 6.09
IDM-22-205 212.60 245.36 32.76 0.39 12.92 0.55
together with 227.69 229.21 1.52 2.42 26.90 2.77
IDM-22-206 (backfill) 0.00 110.64 110.64 0.27 48.42 0.89
together with 35.51 38.41 2.90 0.10 833.00 10.82
IDM-22-207 28.35 127.41 99.06 0.18 24.36 0.50
together with 48.16 53.04 4.88 0.21 79.77 1.24
together with 107.59 110.64 3.05 0.08 178.50 2.37
together with 116.74 118.26 1.52 0.18 196.00 2.70
IDM-22-208 5.49 34.14 28.65 0.29 52.63 0.97
together with 31.24 34.14 2.90 0.62 254.00 3.89

(1)   Downhole thickness: true width varies relying on drill gap dip; most drill holes are aimed toward intersecting the vein constructions near perpendicular due to this fact true widths are near downhole widths (roughly 70% conversion ratio)(2)   Gold equal = g Au/t + (g Ag/t ÷ 77.70)(3)   Intervals reported are uncappedSullivan Gulch:

Together with demonstrating the magnitude of the big low-grade gold-silver zone at Sullivan Gulch, the drill outcomes introduced right this moment proceed to broaden the rising high-grade vein system at Sullivan Gulch that developments Northwest and dips to the Northeast. This new discovery additional enriches the high-grade element of Sullivan Gulch, the majority of which dips to the Southwest. Excessive-grade at Sullivan Gulch has been intercepted in a Northern zone over a 350 m strike size whereas the Southern zone, which incorporates intercepts from 2018 to current which align with the brand new geological mannequin, additionally has a strike size of 350 m. There stays a 370 m untested zone between the North and South high-grade zones which has the potential to increase the strike size of this high-grade goal to over 1,000 m. These intercepts additional validate the geological mannequin that along with a well-defined North-northwest trending vein system that dips to the Southwest which has seen many of the drilling at Sullivan Gulch, there exists a structurally managed system in quartz latite that dips Northeast and is open to the south, laterally, and at depth.

Generally, the mineralization at Sullivan Gulch is essentially hosted by porphyritic rhyolite and latite models, capped by a banded rhyolite formation, all of that are of mid-Miocene age. The gold-silver mineralization itself consists of a zone of reasonably intense low-sulphidation epithermal veining, clay alteration and associated disseminated sulphides (largely pyrite). IP signifies the potential for mineralization to increase an extra 900 m to the south of the southern-most drilled part of Sullivan Gulch.

To view a cross part of Sullivan Gulch, click on on the hyperlink beneath:https://integraresources.com/web site/belongings/recordsdata/2572/idm-22-204_sg_cross_section_vedit_use_-_dashes.pdf

To view a drill plan map of Sullivan Gulch, click on on the hyperlink beneath:https://integraresources.com/web site/belongings/recordsdata/2572/drill_collar_dm_july_sm_vuse.pdf

Historic Stockpiles and Backfill:

Drill gap IDM-22-206 is of specific significance to Integra because it supplies extra proof that the historic low-grade stockpiles and backfill at DeLamar and Florida Mountain are mineralized and will present extra heap leach materials in future mine plans. The Firm estimates that 60 million tonnes of run-of-mine, low-grade Oxide materials is stockpiled and/or used as backfill in a number of areas on the Undertaking from its 20-year historical past of contemporary mining (Nineteen Seventies-Nineteen Nineties). Based mostly on the Firm’s reconciliation of milling data and the reconstruction of mined materials, the Firm believes this materials exceeds the heap leach cut-off grades and has the potential so as to add mine life to the longer term operations.

The primary 100 m of drill gap IDM-22-206 was by way of historic backfill, returning common AuEq grades in-line with Firm estimates and probably appropriate for heap leach materials, topic to additional research. Encountering these leads to the primary drill gap into historic backfill is encouraging.

Summer time Work Program and Subsequent Steps:

Following a quick pause, the Firm expects to recommence drilling at DeLamar this summer season. The proposed summer season/fall drill program is being executed totally on DeLamar personal property on historic patented mining claims and is able to proceed on the Firm’s discretion.

Sampling and QA/QC Process

Thorough QA/QC protocols are adopted on the Undertaking, together with insertion of duplicate, clean and commonplace samples within the assay stream for all drill holes. The samples are submitted on to American Assay Labs in Reno, Nevada for preparation and evaluation. Evaluation of gold is carried out utilizing hearth assay methodology with atomic absorption (AA) end on a 1 assay ton aliquot. Gold outcomes over 5 g/t are re-run utilizing a gravimetric end. Silver evaluation is carried out utilizing ICP for outcomes as much as 100 g/t on a 5-acid digestion, with a hearth assay, gravimetric end for outcomes over 100 g/t silver.

Certified Individual

The scientific and technical info contained on this information launch has been reviewed and authorised by E. Max Baker Ph.D. (F.AusIMM), Integra’s Vice President Exploration of Submit Falls, Idaho, a “Certified Individual” (“QP”) as outlined in Nationwide Instrument 43- 101 – Requirements of Disclosure for Mineral Initiatives.

About Integra Sources

Integra is a development-stage mining firm targeted on the exploration and de-risking of the previous producing DeLamar gold-silver challenge in Idaho, USA. Integra is led by the administration group from Integra Gold Corp. which efficiently grew, developed and offered the Lamaque Undertaking, in Quebec, for C$600m in 2017. Since buying the DeLamar Undertaking, which incorporates the adjoining DeLamar and Florida Mountain gold and silver deposits, in late 2017, the Firm has demonstrated vital useful resource progress and conversion whereas offering strong financial research in its maiden preliminary financial evaluation and now pre-feasibility research. An unbiased technical report for the PFS on the DeLamar Undertaking has been ready in accordance with the necessities of NI 43-101 and is obtainable beneath the Firm’s profile at www.sedar.com and on the Firm’s web site at www.integraresources.com.

ON BEHALF OF THE BOARD OF DIRECTORSGeorge SalamisPresident, CEO and Director

CONTACT INFORMATIONCorporate Inquiries: [email protected] Firm web site: www.integraresources.com Workplace cellphone: 1 (604) 416-0576

Ahead wanting and different cautionary statements

This information launch comprises “forward-looking info” and “forward-looking statements” (collectively, “forward-looking statements”) throughout the that means of the relevant Canadian securities laws. All statements, apart from statements of historic reality, are forward-looking statements and are primarily based on expectations, estimates and projections as on the date of this information launch. Any assertion that includes dialogue with respect to predictions, expectations, beliefs, plans, projections, aims, assumptions, future occasions or efficiency (typically, however not all the time utilizing phrases akin to “plans”, “expects”, “is predicted”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (together with unfavorable variations) of such phrases and phrases, or state that sure actions, occasions or outcomes “might”, “may”, “would”, “may” or “will” be taken, happen or be achieved) will not be statements of historic reality and could also be forward-looking statements. On this information launch, forward-looking statements relate, amongst different issues, to: statements in regards to the scope, timing and completion of the Pre-feasibility research; estimates of metallurgical restoration charges and the contribution of silver manufacturing to mining operations; anticipated development of DeLamar and future exploration prospects.These forward-looking statements, and any assumptions upon which they’re primarily based, are made in good religion and mirror our present judgment relating to the route of our enterprise. Administration believes that these assumptions are cheap. Ahead-looking info includes recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency, or achievements of the Firm to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info. Such elements embrace, amongst others: dangers associated to the speculative nature of the Firm’s enterprise; the Firm’s formative stage of growth; the Firm’s monetary place; doable variations in mineralization, grade or restoration charges; precise outcomes of present exploration actions; precise outcomes of reclamation actions; conclusions of future financial evaluations; enterprise integration dangers; fluctuations typically macroeconomic situations; fluctuations in securities markets; fluctuations in spot and ahead costs of gold, silver, base metals or sure different commodities; fluctuations in foreign money markets (such because the Canadian greenback to United States greenback alternate fee); change in nationwide and native authorities, laws, taxation, controls rules and political or financial developments; dangers and hazards related to the enterprise of mineral exploration, growth and mining (together with environmental hazards, industrial accidents, uncommon or sudden formation pressures, cave-ins and flooding); incapacity to acquire enough insurance coverage to cowl dangers and hazards; the presence of legal guidelines and rules which will impose restrictions on mining; worker relations; relationships with and claims by native communities and indigenous populations; availability of accelerating prices related to mining inputs and labour; the speculative nature of mineral exploration and growth (together with the dangers of acquiring crucial licenses, permits and approvals from authorities authorities); and title to properties. Though the forward-looking statements contained on this information launch are primarily based upon what administration of Integra believes, or believed on the time, to be cheap assumptions, Integra can’t guarantee its shareholders that precise outcomes can be in step with such forward-looking statements, as there could also be different elements that trigger outcomes to not be anticipated, estimated, or supposed.

Ahead-looking statements contained herein are made as of the date of this information launch and the Firm disclaims any obligation to replace any forward-looking statements, whether or not on account of new info, future occasions or outcomes, besides as could also be required by relevant securities legal guidelines. There will be no assurance that forward-looking info will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking info.

Cautionary Word for U.S. Traders Regarding Mineral Sources and Reserves

Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Initiatives (“NI 43-101“) is a rule of the Canadian Securities Directors which establishes requirements for all public disclosure an issuer makes of scientific and technical info regarding mineral tasks. Technical disclosure contained on this information launch has been ready in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification System.  These requirements differ from the necessities of the U.S. Securities and Trade Fee (“SEC”) and useful resource info contained on this press launch might not be similar to related info disclosed by home United States firms topic to the SEC’s reporting and disclosure necessities.

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

 

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