Despite the recent gold price / market turmoil, Integra:• Still...

Despite the recent gold price / market turmoil, Integra:
• Still has a +$1000 per ounce operating profit margin
• Remains one of Australia’s lowest cost gold producers
• Has achieved 100,000 ounce per annum production rate
• Will have an operating profit this year (including completion of most forward sales deliveries) of circa $70 million to $80 million
• Trading on a P/E multiple of 5
• Has 6 years mine life from open pit Ore Reserves
• Is about to commence underground trial mining
• Has more open pit deposits coming into Ore Reserves
• Has a proven track record of discovery and a large $23 million exploration budget for this year

Integra is currently valued at a discount to expected
earnings with no upside for additional Ore Reserves,
underground production or additional discovery.