Integra Resources has appointed experienced mining professional Anna Ladd-Kruger to its Board as a non-executive independent Director.
Ladd-Kruger’s previous role was Chief Financial Officer of Trevali Mining Corporation, a zinc-focused, base metals mining company with four commercially producing operations in Africa, Canada and Peru. She was recruited as part of the executive management team to grow the company from junior exploration to a mid-tier base metals producer, that reached over $1 billion market capitalisation on the TSX.
She has raised over $1 billion dollars in debt and equity throughout her career in the mining sector. Anna has also served as the Chief Financial Officer on a number of Canadian publicly listed junior mining companies and began her career as a Senior Financial Analyst in Thompson, Manitoba for Vale S.A. before joining Cache Coal Corporation as Mine Controller and then Kinross Gold Corporation as their North American Group Controller.
Integra Chairman Stephen de Jong commented: “The Board is thrilled that Anna is joining the Integra team. With more than 20 years of experience in the mining industry, Anna’s strong financial background and experience transitioning Trevali Mining from a junior exploration mining company to a mid-tier producer will be invaluable to Integra as it advances the DeLamar Project in Idaho. Anna’s exposure to major mining operations in North America is particularly prudent for the Company as it prepares to initiate a maiden Preliminary Economic Assessment on the DeLamar Project in the first half of 2019.
“The team at Integra looks forward to the next chapter in DeLamar’s rich history, and we are excited to have Anna join us as we look ahead to a year that will bring aggressive exploration and advanced studies at the DeLamar Project.”
Integra Resources is a development-stage company engaged in the acquisition, exploration and development of mineral properties in the Americas. The primary focus of the Company is advancement of its DeLamar Project, consisting of the neighbouring DeLamar and Florida Mountain Gold and Silver Deposits in the heart of the historic Owyhee County mining district in south western Idaho. The first exploration program in over 25 years is currently underway on the DeLamar Project with more than 20,000 meters completed in 2018.
Elsewhere, exploration drilling at Integra’s Florida Mountain Project continues to demonstrate high-grade nature of the gold (“Au”)-silver (“Ag”) deposit with intercept of: IFM18_001A, 5.23 grams per tonne (“g/t”) gold equivalent (“AuEq”) over 21.33 meters (“m”) intercepted in the Trade Dollar – Black Jack Vein including 20.44 g/t AuEq over 3.04 m. High grade intercept lies roughly 200 m beneath current inferred resource boundary, indicative of future exploration potential.
The Florida Mountain Project boasts both high grade and low-grade gold-silver. Historical underground mines at Florida Mountain are estimated to have produced a total of 133,000 ounces of gold and 15.4 million ounces of silver from 1883 to 1910. Open-pit mining which closed in 1998 produced an additional 124,500 ounces of gold and 2.6 million ounces of silver.