Exciting Assay Results from i-80 Gold Corp
i-80 Gold is thrilled to share initial assay findings from their ongoing work at the Granite Creek Underground Project. The results not only underscore the promising high-grade resources available but also reflect the company’s strong potential for growth. As i-80 continues progressing its portfolio, these updates present a snapshot of the exciting developments underway.
Granite Creek Underground's Progress
The Granite Creek Underground, i-80's flagship underground operation, is making significant strides towards steady production. With an active infill drilling campaign that began in June, the focus is on exploring the South Pacific Zone. To date, 20 out of 40 intended drill holes have been completed, with assay results showing impressive gold grades.
Key Assay Findings
One notable finding includes hole iGS25-02A, which presents exceptional grades of 33.6 g/t gold over a length of 2.9 meters, along with 29.7 g/t gold over 3.6 meters. This substantial mineralization indicates the robust potential of the South Pacific Zone and suggests a further expansion both northward and at depth.
Cove Infill Drilling Update
Moving to the Cove Project, i-80 has successfully completed approximately 45,000 meters of infill drilling. This extensive drilling effort has provided crucial insights into the geological model and enhanced understanding of gold mineralization at Cove. The exploration is geared towards bolstering confidence in the upcoming feasibility study.
Project Ambitions
The forthcoming 2026 Cove Feasibility Study aims to convert currently estimated resources into higher confidence classifications. Expectations include a successful transition from inferred to indicated categories of mineral resources, which could further validate the project as a high-grade Carlin-style mineralized system.
Future Plans and Strategic Goals
Completing the 2026 Cove Feasibility Study is a top priority for i-80. Collaboration with SRK Consulting is underway to ensure thorough examination and validation of the findings from the infill drilling program. The firm anticipates submitting the study for publication in the first quarter of 2026, setting a robust foundation for future growth.
Extraction and Processing Strategy
About 15% of the known mineralization at Cove is noted to be oxidized, which is planned to be processed at the Lone Tree central facility, bypassing the autoclave circuit. The company holds a third-party roasting agreement for the remainder of the mineralization, which is sulfide material ensuring optimal gold recovery.
About i-80 Gold Corp
i-80 Gold Corp is focused on establishing itself as a leading mid-tier gold producer. With a strategic mining and processing hub in Nevada, i-80 aims to optimize efficiency and growth from its high-quality asset portfolio, which is the fourth largest in the state. Shares of i-80 Gold are traded on the Toronto Stock Exchange (TSX: IAU) and NYSE American (IAUX).
Frequently Asked Questions
1. What is i-80 Gold Corp's main focus?
i-80 Gold Corp focuses on becoming a mid-tier gold producer, leveraging its high-quality asset portfolio primarily located in Nevada.
2. What projects are highlighted in the latest updates?
The Granite Creek Underground and Cove Projects are the focal points of the latest assay results and infill drilling updates.
3. What notable findings were reported from the Granite Creek project?
Hole iGS25-02A revealed impressive grades of 33.6 g/t gold and 29.7 g/t gold, showcasing the high-grade potential of the South Pacific Zone.
4. How much infill drilling has been done at the Cove project?
Around 45,000 meters of infill drilling has been completed at the Cove project, aiding in advancing the geological model.
5. When is the 2026 Cove Feasibility Study expected to be completed?
The 2026 Cove Feasibility Study is anticipated to be completed in the first quarter of 2026, focusing on resource classification and growth strategies.
