Integra Gold Corp.

Integra Gold is a junior gold exploration company advancing projects in Val-d’Or, Québec, one of the top mining jurisdictions in the world. The Company's primary focus is its high-grade Lamaque South project. In 2014, Integra completed the accretive acquisition of the Sigma Mill and Mine Complex, a fully permitted 2,200 ton per day mill and tailings facility. With major federal and provincial permits in place, existing infrastructure and exploration potential, this acquisition removed major costs and shortened timelines typically associated with mine projects. Integra has raised over $100 million since 2013, at successively higher share prices, despite depressed gold prices. In August 2015, Eldorado Gold Corporation completed a strategic investment in Integra, acquiring 15% of the outstanding common shares. Integra was recently named to the TSX Venture top 50 performers in 2015 and the OTCQX Best 50 award for 2015.

Expert Comments:

Stuart McDougall, M Partners (3/22/17)
"This morning, Integra Gold Corp. released what we view as a positive resource update for the Triangle deposit at its Lamaque South gold project. . .at the 3 g/t cutoff grade, Indicated resources align with our own modelling assumptions, providing upside to the Inferred material. At the 5 g/t cutoff grade, the higher grade provides potential for a greater than 20% bump in our annual production rates while still providing upside to potential mine life extension from unmodeled resources."

Tara Hassan, Raymond James (3/22/17)
"We view the results from Integra Gold Corp.'s Triangle zone resource update positively and expect the market reaction to be favorable; the company has reported notable gains in Indicated resources at the Triangle zone, while maintaining the grade profile. Importantly, the gain in ounces is largely within the PEA mining area, meaning that the ounces will be additive to the production profile without meaningful additions to capital costs."

George Topping, Industrial Alliance Securities (3/22/17)
"This morning, Integra Gold Corp. announced a resource update at its Triangle deposit in Val-d'Or, Quebec, including 117 km of new drilling from the prior November 2016 update. At a 5 g/t cutoff, Indicated resources rose to 1.2 Moz grading 9.2 g/t from 580 Koz grading 9 g/t prior. . .the ramp has reached the edge of the main Triangle deposit and development to open up the area to extract a 10 Kt bulk sample is underway."

Michael Gray, Macquarie Capital Markets (3/22/17)
"Today, before market open, Integra Gold Corp. announced an updated resource estimate for its flagship Triangle gold deposit at its 100%-owned Lamaque project. . .the resource estimate incorporated a significant ~118 km of new drilling, resulting in, at a 5 g/t cutoff, Indicated resources increasing 105% to 1.2 Moz at 9.24 g/t Au (was 580 Koz 8.96 g/t Au)."

Integra Gold's updated 2017 PEA on the Lamaque South Gold Project doubled the life of mine estimate, increased total ounces 156% and reduced total mine costs to CA$86/tonne.
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Gwen Preston, Resource Maven (3/4/17)
"Integra Mining Corp. updated the PEA for Lamaque. The biggest changes versus the last PEA: mine life has gone from five years to 10.5 years, life of mine production is now 1.3 Moz up from 500 Koz, annual production is 135K for the first 18 years, initial capital is $111M. . .the improvements matter, but there is much yet to come."

George Topping, Industrial Alliance Securities (3/2/17)
"The updated PEA for Integra Gold Corp.'s Lamaque increased life-of-mine production to 1.2 Moz over 10 years from the outdated 2015 estimated 500 Koz over five years. The average annual production increased to 120 Koz/year at head grades of 7 g/t. . .we expect the total mineable resource to reach 3 Moz in 2018."

Integra Gold's recently released drill results on the Triangle deposit continue to show mineralization continuity, and more than one research firm highlights that 2017 is shaping up to be a potentially transformative year for the company.
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More Expert Comments

Experts Following This Company

Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
Michael Gray, Analyst – Macquarie Capital Markets
Tara Hassan, Analyst – Haywood Securities
Byron King, Editor – Agora Financial
Eric Lemieux, Mining Analyst – EBL Consultants Enr.
Thibaut Lepouttre, Editor Caesars Report
Lauren McConnell – Paradigm Capital
Stuart McDougall, VP Research Analyst – Jennings Capital
Andrew Mikitchook, Analyst – M Partners
Gwen Preston, Founder Resource Maven
Joe Reagor, Analyst – ROTH Capital Partners
Phil Russo, Research Associate – Raymond James
David Sadowski, Analyst
Kerry Smith, Analyst – Haywood Securities
George Topping – Industrial Alliance Securities

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
High-Grade Gold in Quebec, Canada
Updated Preliminary Economic Assessment and Resource Estimate expected in H2 2016
Fully Permitted Mill and Tailings Facility Acquired