GOLD PRODUCTION OF 22,463 OUNCES AT A CASH COSTOF $505 PER OUNCE...

GOLD PRODUCTION OF 22,463 OUNCES AT A CASH COST
OF $505 PER OUNCE AND A CASH PROFIT FROM OPERATIONS OF $19.9 MILLION

Integra Mining Limited (ASX:IGR) is pleased to report unaudited results for the September Quarter of gold
production from the Randalls Gold Project. During the Quarter a total of 217,985 tonnes of ore were processed at a grade of 3.42 g/t gold at a recovery of 93.7% for production of 22,463 ounces. Cash cost of gold production was $505 per ounce (excluding royalties) for the quarter resulting in a cash profit from operations of $19.9 million.

During the Quarter a process facility upgrade was completed ahead of schedule and below forecast cost.
Production disruptions, deliberate processing of lower grade ore and a 4-day shutdown to accommodate the upgrade tying-in did result in reduced gold production in the month of July, however, the upgrade was completed by the end of July and record production of 8,873 ounces was achieved in the month of August.

Post upgrade cash costs per ounce for the months of August and September were $450 per ounce and $448 per ounce respectively.

Integra Managing Director Chris Cairns said: “Another exceptional achievement for our site-based personnel – a very well executed process facility upgrade and successful achievement of our 100,000 ounce per annum production rate at a cash cost which well and truly confirms Integra as amongst the lowest cost gold producers in Australia.”