i-80 Gold is pleased to announce that they have started the underground mining program at the Company's Granite Creek Mine property located in Nevada. The 2021 drill program was successful in delineating high-grade mineralization in multiple areas proximal to the existing mine workings and two Cubex rigs are on site drilling to complete definition in advance of underground mining. The first stoping area has been defined [...]
i-80 Gold is pleased to announce that exploration drilling at the Company's Granite Creek Property located in Nevada, continues to provide impressive results in step-out drilling completed at multiple gold horizons. The primary target of surface drilling is the South Pacific Zone where high-grade mineralization is being defined at depth below, and to the north of, the mine workings at Granite Creek . This release provides [...]
i-80 Gold Corp. is pleased to announce that continued drilling was successful in further delineating a new high-grade horizon, the South Pacific Zone, at the Company's Granite Creek Property located in Humboldt County. Surface drilling is targeting the expansion of mineralization at depth below, and to the north of, the mine workings at Granite Creek. The high-grade results received to-date from SPZ have exceeded [...]
i-80 Gold Corp. is pleased to announce positive assay results from the ongoing underground drill program at the Company's Granite Creek Property located in Humboldt County. High-grade drill results from the 4790 Level targeting mineralization in the Otto, Adam Peak and Range Front fault horizons proximal to and below existing mine workings are designed to confirm continuity in one of the initial areas being defined for [...]
i-80 Gold Corp. is pleased to announce it has awarded the engineering study for restart of the Lone Tree autoclave to Hatch Ltd. The study will complete a Pre-Feasibility Study level mechanical and operational review of all aspects necessary for the restart of the Company's autoclave processing facility located in northern Nevada. Additionally, as a part of its comprehensive plan to create a Nevada focused gold mining [...]
i-80 Gold Corp. is pleased to announce its development plans for 2022 - a catalyst-rich year as the Company commences its plans to build a comprehensive Nevada mining complex. i-80 is in the process of developing multiple mining operations to achieve its objective of building a Nevada focused mining company with a goal of ultimately producing more than 500,000 ounces of gold annually. i-80 completed multiple strategic [...]
i-80 Gold Corp. notes that that its CEO, Ewan Downie, has reported on System for Electronic Disclosure by Insiders recent purchases of common shares of the Company through open market purchases on the Toronto Stock Exchange to increase his share ownership to 5,000,027 or 2.09%. Since the Company commenced trading on April 14, 2021, Mr. Downie has purchased more than 1.4 million shares of i-80 to reach an ownership [...]
i-80 Gold Corp. is pleased to announce the signing of definitive agreements in connection with the previously announced financing package for aggregate proceeds of $135 Million, and an accordion option to potentially access an additional $100 million. The Finance Package in its aggregate consists of: $50 million convertible loan with OMF Fund III Ltd. an affiliate of Orion Mine Finance $10 million convertible loan with a [...]
i-80 Gold Corp. is pleased to confirm that Equinox Gold Corp. has exercised its right under the support agreement dated April 7, 2021 between the Company and Equinox to defend its pro rata ownership of i-80 shares on a partially-diluted basis following the recent issuance of shares by the Company in connection with the acquisitions of the Lone Tree and Buffalo Mountain gold deposits from Nevada Gold Mines LLC and the Ruby [...]
i-80 Gold Corp. is pleased to announce that assay results for the first phase of drilling at the Company's Granite Creek Mine Property, for geotechnical and metallurgical purposes associated with the planned open pit project, have been received and confirm the high-grade open pit opportunity. Several holes were drilled into the mineralized structures for metallurgical purposes including iGM21-01, 03, 08 and 09. Drilling [...]
i-80 Gold Corp. is pleased to announce it is proceeding with its planned underground, advanced-exploration program at the Company's 100%-owned McCoy-Cove Property located in Nevada. McCoy-Cove is one of four projects currently being advanced by i-80 and is one of the key projects contemplated in the Company's plans to restart the Lone Tree processing facility that includes an autoclave. The underground plan will include [...]
i-80 Gold Corp. is pleased to announce positive results from the ongoing surface drill program, that includes step-out drilling at depth, at the Company's Granite Creek Property located in Humboldt County. High-grade results from drilling from the surface drill program is targeting the expansion of mineralization at depth below the mine workings at Granite Creek suggest significant expansion potential. To-date, fourteen [...]