For your reading pleasure. This article from the Fin Review.
"Few miners have timed their move from explorer to production better than Integra.
Big institutions have been slow to catch on to its story.
Investors will be encouraged by the sight of renowned gold bug Baker Steel Capital Managers popping up on the share register as a major shareholer. The fund has quietly added to its sunstantial stake over the past few months and currently holds about 8.7 percent.
Integra will focus on stabilising the Salt Creek processing facility into steady state production of 90,000 ounces per annum for the first 15 months on an open pithead grade of 3.6 grams a tonne of gold.
A 20 percent upward revision of initial production has supported an increased forecast of $7million in operating profit in the first year of production.
The company's exploration programs has enabled the discovery of the Majestic prospect 22 kilomotres from the Salt Creek gold process facility.
Discovery of shallow and high grades at Majestic - a JV with Newcrest - has boosted the potential for open pit production.
Integra has a global mineral resoruces estimate of 20 million tonnes of 2.7 grams a tonne of gold for a contained 1.8 million ounces and intends to revise the global mineral resources estimate near the end of the calendar year."
Newminer.
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