06:51 AM EDT, 10/09/2025 (MT Newswires) -- Integra Resources ( ITRG ) was at last look down 0.9% in US premarket trade, having been up 0.6% a short time ago, as it announced Wednesday results from the 2025 growth drilling program at its primary operating asset, the Florida Canyon Mine located in Nevada.

A statement said the drill program marks the first phase of a multi-year growth strategy designed to expand mineral resources and reserves, extend mine life, and enhance the value of Florida Canyon.

Thursday's statement noted the 2025 growth drilling program consists of 16,000 meters of reverse circulation and sonic drilling and is focused on three key areas: near-surface oxide potential from historical low-grade gold-mineralized waste material that was uneconomic at lower gold prices; and expanding in-situ resources between existing mine open pits; and testing lateral extensions and in-pit infill drilling.

As of the date of this news release near 13,000 meters of drilling has been completed, it also noted.

George Salamis, president, CEO and director of Integra, said: "We are pleased to see additional success from our 2025 near-mine oxide drilling campaign at Florida Canyon. Building on initial results released in August, we continue to see excellent gold-mineralized intercepts in both the historical dump and Inter-Pit areas, which confirm excellent grade continuity and continue to highlight the potential to grow mineral resources and extend mine life.

"Furthermore, the initial volume and grade estimates from the North and South Dump of near 34-56 million tonnes with a grade range of near 0.11-0.25 g/t oxide Au demonstrates the potential size and scale of the near-term life-of-mine growth opportunity at Florida Canyon. We believe that aggressively pursuing low-strip, near-surface gold-mineralized material at Florida Canyon in the current gold price environment offers potential for meaningful returns for Integra shareholders. The company aims to formally demonstrate this growth potential in 2026 with an updated mineral resource and reserve estimate and life-of-mine plan."

ITR edged down in Canada trading yesterday, but is still at the high end of the 52-week trading range.