Integra’s DeLamar project expansion: land deal and mine planning notes for engineers
Reviewed by Joe Ashwell

First reported on MINING.com
30 Second Briefing
Integra Resources has bought a 6,600-acre ranch contiguous with its DeLamar gold-silver project in Owyhee County, Idaho, for US$12.5 million, consolidating land around the historic DeLamar mine and Florida Mountain deposit previously owned by Kinross. The package includes deeded land plus a large US BLM grazing permit and two Idaho State grazing leases, extinguishing easements and access agreements and removing associated payment obligations. Integra says the deal secures nearby mitigation habitat and increases operational flexibility for future mine development, while formalising its long-term engagement with the local ranching community.
Technical Brief
- Historic DeLamar and Florida Mountain assets, acquired from Kinross in 2017, already include legacy mine infrastructure.
- Integra’s C$852 million market capitalisation and 4.7% share price drop frame market perception of acquisition risk/reward.
Our Take
Integra Resources’ US$12.5 million ranch acquisition at DeLamar comes as larger gold players like Kinross (also named in this piece) are funnelling capital into North American projects such as Great Bear and multiple Nevada assets, suggesting sustained competition for de-risked gold-silver ounces in politically stable jurisdictions.
Within our mining database, gold-silver projects tagged under both ‘Projects’ and ‘Sustainability’ increasingly involve land-package consolidation around existing pits, so expanding the DeLamar footprint near the Florida Mountain deposit likely positions Integra to optimise haul distances, waste storage and potential future tailings or water-management layouts.
Integra’s roughly US$624 million market capitalisation places it well below the scale of Kinross Gold, which in related coverage is advancing multi-million-ounce pipelines, implying DeLamar’s enlarged land position could make Integra a more visible takeover or joint-venture candidate if the Idaho permitting and social licence environment remains favourable.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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