Exciting Assay Results from the Granite Creek Underground Project
i-80 Gold Corp. (TSX:IAU) is thrilled to share new assay results from its recent drilling activities at the Granite Creek Underground Project. These results, emerging from a robust drilling campaign, signify a promising future for the project. The company has demonstrated strong high-grade mineralization across the South Pacific Zone (SPZ), reinforcing the potential for expansive mineral resource growth.
Overview of the Granite Creek Project
The Granite Creek Underground represents i-80 Gold's inaugural underground gold mining initiative, progressing toward a consistent gold production rate. Mining operations are currently underway within the southern section of the SPZ. Previous assessments indicated an impressive mineral resource estimate, comprising 261,000 ounces of gold at a grade of 10.5 grams per tonne, alongside an inferred resource of 326,000 ounces at 13.0 grams per tonne.
Results from Ongoing Drilling Campaign
Recently, a total of 16,000 meters were drilled across 46 holes in the ongoing 2025 drilling program, which commenced in summer 2025 and culminated in late 2025. The program has surpassed initial plans by incorporating additional infill holes aimed at confirming the continuity of mineralization, pre-feasibility study. Results from step-out holes have validated the company’s optimistic outlook regarding the potential expansion at SPZ and anticipated mine life extension.
Highlight Results from Infill Drilling
- 40.4 g/t Au over 13.2 m in hole iGU25-31
- 31.3 g/t Au over 7.8 m in hole iGU25-15
- 15.0 g/t Au over 17.5 m in hole iGU25-24
- 12.8 g/t Au over 19.8 m in hole iGU25-08
According to Tyler Hill, Vice President of Geology, the infusion of indigenous drilling results firmly backs the geological model, highlighting the continuity and high-grade characteristics of the deposit. The South Pacific Zone remains open for further exploration to the north and downward, with ongoing drilling planned for upcoming years.
Upcoming Plans and Future Impact
The ongoing drill campaign signifies a vital step toward producing an updated mineral resource estimate that integrates three years of drilling information. This enhanced estimate will play a crucial role in the forthcoming Granite Creek Underground feasibility study anticipated to be completed within the first quarter of 2026.
The company aims to assess the feasibility of expanding its drilling campaign further in 2026, targeting both the SPZ and additional areas that showcase promise.
Details on Table 1: Summary Assay Results
The company has documented various drill hole assay results accumulating in Table 1. The results provide insight into the concentrations and distributions of gold within the SPZ, revealing substantial high-grade zones that could contribute favorably to the project's overall economic viability.
Technical Disclosure and Qualified Persons
Supervision and technical oversight of the reported data has been managed by qualified personnel including Paul Chawrun, Chief Operating Officer, and Tyler Hill, Vice President of Geology, adhering to the National Instrument 43-101 standards. All samples for analysis were submitted to an accredited laboratory, ensuring adherence to rigorous quality assurance protocols to uphold valid and accurate results.
About i-80 Gold Corp.
i-80 Gold Corp. remains a focused entity on establishing a mid-tier gold production profile. Positioned as one of the largest gold mineral resource holders in Nevada, the strategic portfolio includes several high-grade development projects that cultivate growth potential on prolific mining trends. The company is advancing with a dynamic hub-and-spoke regional mining strategy, significantly aimed at optimizing processing efficiency. The stock is publicly traded on the Toronto Stock Exchange (TSX:IAU) and the NYSE American (NYSE:IAUX).
Frequently Asked Questions
What recent assay results were reported for the Granite Creek project?
Recent assay results revealed significant high-grade mineralization, notably 40.4 g/t Au over 13.2 m in hole iGU25-31.
How many meters were drilled in the 2025 campaign?
A total of 16,000 meters were drilled across 46 holes as part of the 2025 drilling program.
What is the potential impact of the assay results?
The assay results reinforce the potential for resource expansion at the Granite Creek Underground, contributing to a more favorable economic outlook.
What is the timeline for the feasibility study?
The feasibility study is expected to be completed by late in the first quarter of 2026, with outcomes released in the second quarter.
Where can I find more information about i-80 Gold Corp.?
More information can be found on i-80 Gold's official website and through their financial disclosures, which detail their projects and overall company strategy.
