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Integra Resources Reports Thick Oxide Gold Hits at Florida Canyon, Pointing to Mine Life Upside

Story Highlights
  • Integra’s 2025–2026 drilling at Florida Canyon returned broad, near-surface oxide gold intercepts in historical dumps and inter-pit zones that largely exceed current cut-off grades.
  • The new results suggest Florida Canyon could see expanded resources, higher-grade profiles and extended mine life through capital-efficient use of material near existing infrastructure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Integra Resources Corp ( (TSE:ITR) ) has issued an update.

On April 14, 2026, Integra Resources reported results from its 2025 and early-2026 growth drilling campaigns at the Florida Canyon Mine in Nevada, showing broad, near-surface oxide gold intercepts in both historical waste dumps and in-situ zones between existing pits. The company said roughly two-thirds of dump intercepts and meaningful portions of inter-pit drilling exceed current cut-off grades, underscoring the potential to convert previously uneconomic material into mineable inventory, expand mineral resources, improve grade profiles and support mine life extension and future technical updates.

At the South Dump, drilling returned thick oxide intervals such as 102.1 metres at 0.30 g/t gold and 103.6 metres at 0.22 g/t, with material located close to processing infrastructure and expected to be compatible with heap leach processing. In the inter-pit areas, including the Radio Tower, C7/Central and North pits, Integra reported intercepts up to 138.1 metres at 0.32 g/t and 128.0 metres at 0.36 g/t, reinforcing the potential for pit expansion, enhanced operational flexibility and capital-efficient, near-term production growth at Florida Canyon.

The most recent analyst rating on (TSE:ITR) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Integra Resources Corp stock, see the TSE:ITR Stock Forecast page.

Spark’s Take on ITR Stock

According to Spark, TipRanks’ AI Analyst, ITR is a Neutral.

The score is primarily supported by improved 2025 fundamentals—strong revenue growth, solid operating margins, better balance sheet leverage, and positive operating/free cash flow. This is offset by a weak technical setup (below major moving averages with negative MACD) and valuation constraints from ongoing net losses (negative P/E).

To see Spark’s full report on ITR stock, click here.

More about Integra Resources Corp

Integra Resources Corp. is a precious metals company focused on gold mining and development, with its primary operating asset being the Florida Canyon Mine in Nevada. Listed on the TSXV and NYSE American, the company targets near-surface oxide gold resources that are amenable to heap leach processing, aiming to grow production and extend mine life through capital-efficient resource expansion near existing infrastructure.

Average Trading Volume: 452,445

Technical Sentiment Signal: Buy

Current Market Cap: C$839M

Learn more about ITR stock on TipRanks’ Stock Analysis page.

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