Integra Resources Acquires 100 Percent of the Empire Claim Group

Integra Resources Corp. (TSX:IVN) announced that it has acquired a 100 percent interest in the Empire Claim Group that covers over 95 percent of the past producing Florida Mountain gold-silver project (“Florida Mountain Project” or “Florida Mountain”) for US$1.6 million.
As quoted in the press release:

Integra has acquired 36 patented mining claims totalling approximately 440 acres, covering approximately 95 percent of the surface expression of the past producing gold-silver project. Integra’s Florida Mountain gold-silver project is located in southwestern Idaho in Owyhee County, 150 kilometers southwest of the city of Boise, just west of the historic mining town of Silver City. Florida Mountain is situated 8.5 kilometers east of the Company’s DeLamar gold-silver project.
Over 1,000 drill holes define the current extents of oxide mineralization that was the focus of mining by Kinross in the 1990s, but was shut down due to low gold and silver prices. Furthermore, as is the case at DeLamar, the past drilling conducted at Florida Mountain was very shallow (less than 150 m depth on average) and in some cases intersected high grade gold-silver vein mineralization, in addition to bulk-low grade intercepts.

George Salamis, president and CEO of Integra, commented:

As with DeLamar, we view there to be significant untested potential for both low-grade and high-grade gold-silver mineralization at Florida Mountain, given the limited shallow drilling that has been conducted in the past.
We are particularly impressed with the demonstrated strike-length of the vein systems at Florida Mountain, some of which are in excess of 2 kilometers long, with historically referenced vein depths in excess of 300 meters that are fully open to testing at depth. The records from this project highlight that historically some of the highest grades of gold and silver in the district were mined from Florida Mountain and we look forward to testing this concept in future exploration programs.

Click here to read the full Integra Resources Corp. (TSX:IVN) press release.