Integra Resources disclosed a technical report for its Florida Canyon Mine in Nevada, showing after-tax free cash flows of over $0.8 billion from gold production. The report projects 685,000 ounces of cumulative payable gold over the mine's life, including two years of residual leaching starting in 2033. The after-tax net present value at a 5% discount rate is $601 million under base-case metal prices, rising to $723 million at spot prices. Since acquiring the mine for $68 million less than two years ago, Integra has increased proven and probable mineral reserves by 74% and raised annual gold production capacity by 17%.
Integra Resources CorpTechnical report shows strong after-tax free cash flows and NPV, increased reserves and production capacity.