Mere months after Integra Gold was bought out in a deal worth about C$590-million by Eldorado Gold, essentially the same team – reincarnated as Integra Resources – has reached agreement with major Kinross Gold to buy the DeLamar gold/silver mine, in Southern Idaho.
The C$7.5-million cash-and-scrip deal will give the Integra team full access to to the brownfields project, which was shuttered in 1998 on the back of precious metal prices dipping below $300/oz, after producing 1.6-million ounces of gold and 100-million ounces of silver.