Description of Integra Resources's Business Segments

The company operates two segments: the Florida Canyon mine and the advanced-stage DeLamar Project. Operating segments are defined by current or anticipated future mine production. Other business activities, including corporate office functions, are grouped under "all other." Segment performance is assessed using mine operating earnings for active mines and capital expenditures for both mines and projects. For the year ended December 31, 2025, the Florida Canyon mine generated revenue of $243.9 million, mine operating earnings of $94.5 million, and capital expenditures of $58.0 million. The DeLamar Project reported no revenue or mine operating earnings but incurred capital expenditures of $0.6 million. The "all other" segment had capital expenditures of $0.5 million. As of December 31, 2025, segment assets totaled $232.2 million for Florida Canyon, $39.5 million for DeLamar, and $39.5 million for all other. The Florida Canyon mine production is subject to two royalties: a 2.5% net smelter returns royalty (NSR) payable to Top Hat Partnership and a 3.25% NSR payable to a subsidiary of Triple Flag Precious Metals Corp. The DeLamar Project production is subject to a 2.5% NSR payable to Triple Flag, which reduces to 1.0% after cumulative payments of CA$10.0 million. Additional NSRs ranging from 2.0% to 5.0% are payable to third-party landholders. In 2024, Integra Resources Corp. entered into an agreement with Wheaton Precious Metals (Cayman) Co., a subsidiary of Wheaton Precious Metals Corp., for a 1.5% NSR on metal production from the DeLamar Project claims. The agreement was valued at $9.75 million, paid in two installments. The Nevada North Project has a 0.5% NSR payable to Franco-Nevada Corp. on future production from the Wildcat and Mountain View properties, with certain claims subject to a 1.0% NSR.

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Annual Report on Integra Resources Corp Divisions, Sales by Country


Florida Canyon		100 %	of total Revenue

Twelve months ended 2025
ITRG s Annual Revenue by Geography and Business Segments	Sales (in millions $)	% (of total Sales)
Florida Canyon	243.93	100 %
Total	243.93	100 %

Twelve months ended 2025
ITRG s Annual Income by Country and Business Segments	Income (in millions $)	% (Profit Margin)
Total	-2.24	-

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments	% Y/Y Sales Growth	% Y/Y Income Growth
Florida Canyon	703.71 %	-
Florida Canyon mine	-	-
Total	703.71 %	-

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