Integra Resources Corp. said that its Florida Canyon produced 16,379 ounces (oz) of gold during Q2 2026, a 30% increase from Q1 2026. The increase in gold production was supported by record total material movement, including a 47% increase in ore mined and a 45% increase in ore placed on the heap leach pads quarter-over-quarter. With significantly more ore being placed on the heap leach pad in the second half of this year, the company expects gold production to increase in the third and fourth quarters and is maintaining full-year gold production guidance of 70,000 to 75,000 oz.
The company mined 4.4 million metric tons (mt) of ore and 3.6 million mt of waste at a strip ratio of 0.81 at the Florida Canyon mine. As a result, mining rates averaged 87,867 total metric tons per day (mt/d), representing a record rate of total material movement at the mine.
Florida Canyon achieved record mining rates during the second quarter, with total tons mined increasing 16% from the first quarter. The company said the higher mining rates reflect the successful integration of new mining equipment into the fleet, positioning the operation for stronger gold production in the second half of 2026.
The company released an updated Feasibility Study and Life of Mine Plan for Florida Canyon, which highlighted a materially enhanced operation with an eight-year mine life, a 74% increase in Proven and Probable Mineral Reserve, a 17% increase in annual gold production and $800 million in after-tax free cash flow.
“Beyond 2026, work is underway for the long-term transformation of Florida Canyon. As outlined in the June 2026 Technical Report news release, beginning in 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,” said George Salamis, president, CEO and director of Integra.
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