Integra Resources (ITR) Corporate Presentation summary

Strategic merger and growth platform

• Merger with Florida Canyon Gold Inc. creates a leading gold and silver producer in the Great Basin, combining complementary assets in top-tier U.S. mining jurisdictions within a three-hour drive of each other.

• Immediate cash flow from Florida Canyon’s production and exposure to strong gold prices, with DeLamar and Nevada North projects supporting growth from 70koz to over 250koz AuEq annually.

• Combined company controls a peer-leading resource base of 7.1 Moz AuEq M&I and 3.1 Moz AuEq Inferred, with 20+ years of mine life visibility and significant community benefits.

• Synergies and optimization opportunities expected across similar heap leach projects, enhancing operational efficiency.

• Transaction structure gives Integra 60% and Florida Canyon 40% pro forma ownership, with closing targeted for early to mid-October 2024.

Project portfolio and production outlook

• Florida Canyon: Open-pit, heap leach operation in Nevada, producing ~70koz AuEq/year with a 7-year LOM, $1,525/oz AISC, and $128M after-tax NPV5%.

• DeLamar: Advanced Idaho heap leach project with 4.8Moz AuEq M&I, 0.6Moz Inferred, 8-year LOM, $814/oz AISC, and $470M after-tax NPV5% at $2,000/oz Au.

• Nevada North: Wildcat and Mountain View deposits in Nevada, 1.3Moz AuEq M&I, 0.3Moz Inferred, 13-year LOM, $973/oz AISC, and $310M after-tax NPV5%.

• Combined production potential exceeds 250koz AuEq/year by sequencing Florida Canyon, DeLamar, and Nevada North.

• Significant exploration upside at all projects, especially at Florida Canyon and Wildcat, with ongoing drilling and resource expansion.

Financials, ownership, and valuation

• Pro forma basic shares outstanding: 167.7M; fully diluted: 178.6M; basic market capitalization: ~$165M.

• Key shareholders include Beedie, Wheaton Precious Metals, Alamos Gold, and several top institutions.

• Analyst coverage from Stifel, Cormark, Raymond James, Desjardins, Ventum, and H.C. Wainwright.

• Attractive valuation with significant re-rating potential as the company transitions from developer to junior producer; peer benchmarking shows leading growth and resource scale.

• Concurrent C$20M private placement to support transaction and project advancement.