Demand for silver is rising, and the Silver Institute shows that global silver demand has increased by 38 percent since 2020. We shouldn’t be surprised by the rise in demand – silver has high electrical and thermal conductivity, explaining its prominent use in solar panels, among other industrial uses. Mining.com states, “changes to solar power technology are accelerating demand for silver, and with little additional mine production on the horizon, this could widen the existing supply deficit.” With this in mind, it’s important to support the precious metals mines in development now, to meet the rising demand.
Integra Resources has projects in the exploration and development stage in Idaho and Nevada. The projects target silver and gold deposits in their respective regions, with the portfolio boasting a measured and indicated resource inventory of 4.3 million ounces of gold and 152.6 million ounces of silver. Support for domestic mines like those of Integra Resources will bolster our energy resources and help provide for a sustainable energy mix in the future.