Integra Resources (TSXV:ITR) - DeLamar Project Wins FAST-41 Status With 15-Month Timeline
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Interview with George Salamis, President & CEO of Integra Resources Corp.
Our previous interview: https://www.cruxinvestor.com/posts/integra-resources-tsxvitr-us-gold-producer-with-400-cash-flow-growth-8884
Recording date: 14th January 2026
Integra Resources has achieved a significant milestone for its DeLamar gold-silver project in Idaho through acceptance into the federal FAST-41 permitting program. This designation establishes a defined 15-month review timeline with the Bureau of Land Management targeting a record of decision in Q2/Q3 2027, providing unprecedented certainty for a US mining development.
According to George Salamis, President and CEO of Integra Resources, "for the first time in DeLamar's history as our project, the US federal government has put our project on a clock and it's a fast clock, far faster than certainly anybody expected." The FAST-41 framework assigns a dedicated Federal Permitting Council advisor to coordinate inter-agency reviews while maintaining rigorous environmental standards through compressed response times rather than reduced scrutiny.
A key feature of the designation is quarterly congressional accountability, with the assigned coordinator required to report directly to Congress on project progress and explain any delays. This oversight mechanism creates strong incentives for maintaining momentum while a public tracking dashboard allows shareholders to monitor advancement in real-time.
The company has demonstrated effective regulatory collaboration, reducing the project footprint by 25% between preliminary and final feasibility studies through consultations with the BLM. Public hearings scheduled for spring 2026 will serve as the first formal litmus test for stakeholder acceptance, though extensive pre-engagement with Idaho stakeholder groups has already occurred.
Salamis emphasised the capital planning benefits, noting that "these clear timelines for us equate to better capital planning, and the reduced risk for us means lower cost of capital ultimately to finance and build this project." The designation fundamentally addresses what Salamis identified as "the single biggest risk for new mines anywhere in the world, let alone the US"—permitting uncertainty—while Integra simultaneously advances required state-level permits for air quality, water quality, and cyanidation that must synchronise with the federal timeline.
View Integra Resources' company profile: https://www.cruxinvestor.com/companies/integra-resources
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