Integra Resources: The Expensive Work Is Almost Behind Us

Integra expects Florida Canyon's elevated 2026 costs to fall to $2,350/oz AISC by 2027 as new high-grade drilling extends mine life.

• 2026 is the capex trough: Integra is spending heavily this year on fleet upgrades and heap leach pad expansion at Florida Canyon, lifting AISC, but says the costs end by Q1 2027.
• 2027 cost guidance drops sharply: CEO George Salamis guides to life-of-mine AISC of $2,350/oz over the remaining eight-year mine plan, down from elevated 2026 levels (feasibility study pegged ~$2,300/oz).

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