Corporate Overview

Integra Mining ("Integra") is an aggressive Australian gold explorer with a proven discovery track record, a substantial gold resource base and a strong platform for building a significant new mid-tier Australian gold production house.

Since listing on the Australian Stock Exchange in 2001, Integra has steadily built up its mineral portfolio through a series of acquisitions, joint ventures and strategic alliances – predominantly in the Eastern Goldfields region of Western Australia, where it controls a consolidated tenement package of approximately 2,200 square kilometres. 

The Company’s flagship Aldiss-Randalls Gold Project, located 50-100km east of Kalgoorlie, has a consolidated gold resource of 20 million tonnes grading 2.7 g/t gold for 1.8 million contained ounces.  Integra is undertaking detailed Scoping and Feasibility Studies on the Aldiss-Randalls Project during 2008, in parallel with an aggressive $16 million exploration program which is targeting further increases in its gold resource base to between 2 and 2.2 million ounces. 

The currently identified resource base is expected to underpin a production profile of 120,000 ounces per annum over a five year mine life, with any additional resources delineated during 2008 expected to enhance this position.

Growth Strategy

With a strong cash balance, Integra has an aggressive two-pronged growth strategy comprising:

• Ongoing exploration at Aldiss-Randalls with an overall objective of increasing its global resource base to +2 million ounces by the end of 2008 and demonstrating 1 million ounces in open pit optimisations; and
• Completion of the current Scoping Study and delivering a Feasibility Study on the Aldiss-Randalls Project by late 2008.

The Company has 100% ownership of the former New Celebration gold processing facility (1.35 million tonnes per annum processing capacity), which provides an opportunity for Integra to fast-track its gold production strategy.