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Integra Resources Taps Ausenco for DeLamar Project Engineering

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Integra Resources appointed Ausenco Engineering to lead detailed engineering for its DeLamar gold-silver project in Idaho, advancing the project toward development.

Integra Resources Taps Ausenco for DeLamar Project Engineering

Integra Resources Corp. (TSX-V: ITGR) has appointed Ausenco Engineering USA South as the lead partner for detailed engineering at its DeLamar gold-silver project in Idaho, marking a key step forward in project development. The appointment comes as Integra launches the public scoping and stakeholder engagement period under the National Environmental Policy Act (NEPA), following the Bureau of Land Management's publication of the Notice of Intent. Ausenco has engaged SLR Consulting to provide specialized expertise in heap leach engineering and mine planning. This phase of detailed engineering is critical for advancing the project toward a construction decision, as it refines cost estimates, optimizes process flows, and de-risks technical aspects before committing capital.

For investors tracking precious metals equities, the DeLamar project represents a potential near-term gold and silver producer in a favorable mining jurisdiction. The project's economics are highly sensitive to gold and silver prices, as higher prices improve margins and accelerate payback periods. NowPrice provides real-time commodities quotes for gold and silver, allowing traders to monitor price action that directly impacts project economics. The appointment of Ausenco, a global engineering firm with extensive experience in heap leach operations, signals that Integra is progressing methodically through the pre-construction phase, which typically involves detailed design, procurement planning, and contractor selection.

The next key catalyst will be the completion of the feasibility study and progress through the NEPA permitting process, which will determine the project's timeline and capital requirements. Investors should watch for updates on the feasibility study, expected in the coming months, as well as any changes in precious metals prices that could influence the project's viability. Additionally, the outcome of the NEPA scoping period may affect the permitting timeline, with potential delays or accelerations depending on stakeholder feedback and regulatory reviews.

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Editorial summary by NowPrice. Read the original article at the source for full reporting.