A gold mine just outside Imlay had a big year in 2024—and so did the company that bought it.
Integra Resources, a mining company based in Canada, officially became a gold producer last year after buying the Florida Canyon Mine in November. The mine, located in northern Pershing County, had already been producing gold for years, but this was the first time Integra was running the show.
And hit the ground running, they did.
In just the last two months of 2024, Integra pulled nearly 11,000 ounces of gold from the site—worth about $30 million. Their success came from improvements made at the mine, including a new system that helps extract gold more efficiently.
The company made a $9.5 million profit in the final quarter of the year, and their president, George Salamis, said he’s excited about what’s ahead. “2024 marked a transformational year for Integra,” Salamis said. “We’re showing we can produce gold and use that money to grow our other projects.”
Integra is also working on two other mining sites, one in Idaho and one in northern Nevada—where they hope to open future mines. They’re doing testing and environmental studies to get ready.
In 2025, Integra says it will focus on:
- Improving how the Florida Canyon Mine works
- Preparing to open the DeLamar Mine in Idaho
- Exploring more gold underground in Nevada
The company is also planning to plant more trees, protect wildlife habitats, and work closely with local, state, and federal agencies as part of its permit and approval process.
Integra ended the year with over $50 million in cash and says it’s in a strong position to grow.
For Lovelock and Pershing County, that could mean more local jobs, stronger economic development, and continued attention on the area’s rich mining history.
.jpg)
Comment
Comments