08:16 AM EDT, 05/08/2025 (MT Newswires) -- Integra Resources ( ITRG ) gained 1.1% at last look Thursday in NYSE American pre-market trading as it launched a 10,000-meter reverse circulation drill program on the Florida Canyon mine in Nevada.

The company said the campaign will focus on near-mine targets designed to support oxide mineral reserve and resource growth and mine life extension.

Integra said it expects to conclude drilling in the third quarter, with initial results expected during summer.

"Following a strong start to 2025 with solid operational results from Florida Canyon gold production and a demonstrated ability to generate cash flow, we are pleased to launch a growth-focused drill program," said George Salamis, Integra's president, CEO and director.

"We see this program as a critical step in unlocking the next phase of value at Florida Canyon. We have identified significant potential to not only optimize the mining operation, but also to increase the production scale and mine life of the asset, leading to material value creation for Integra's shareholders," Salamis said.