Integra Resources (TSX-V:ITR) announces ‘record’ mining rates in Q2 with a 30% increase in gold production from the last quarter, which resulted in 16,379oz of gold at its Florida Canyon Mine in Q2 2026.
The company says this quarter’s increase is supported by record material movement and a 47% quarter-on-quarter (QoQ) increase in ore mined.
According to the update, total tonnes mined grew 16% from Q1 to an average of 87,867 tonnes per day. The company mined 4.4 million tonnes (Mt) of ore and 3.6Mt of waste at a 0.81 strip ratio.
Ore placed on heap leach pads also increased 45% QoQ to approximately 4.2Mt.
Other QoQ improvements include shorter haul distances, a 21% increase in processed grade, and an 8% decrease in waste mined.
Integra notes its recent mining rates reflect the integration of new mining equipment, positioning the company for ‘stronger’ gold production in the second half of the year.
The company sold 15,794oz of gold during the quarter, bringing year-to-date production to 29,014oz. It also maintains its full-year guidance of 70,000–75,000oz, with higher output expected across Q3 and Q4 2026.
In June, Integra released an updated Feasibility Study and life-of-mine plan for Florida Canyon, highlighting an eight-year mine life, a 74% increase in proven and probable mineral reserves, a 17% increase in annual gold production, and US$800 million ($1.15 billion) in after-tax free cash flow.
CEO George Salamis says work is underway for the Florida Canyon’s long-term transformation.
“Beginning 2027, the company expects higher annual gold production, lower operating costs and stronger cash flow from an eight-year mine life, creating a stable operation to support the continued advancement of the DeLamar and Nevada North projects,” Salamis says.
The company intends to release its Q2 financial results after market close on 11 August 2026, followed by a conference call on 12 August 2026.
Integra Resources is a growing precious metal producer in the Great Basin of western US.
Write to Paula Fabe at Mining.com.au
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