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i-80 Gold Corp. (IAUX) has released an update on its exploration programs at Ruby Hill, Granite Creek, Lone Tree, McCoy-Cove, and Buffalo Mountain Properties. The company reported significant progress in its 2023 exploration campaign, discovering multiple new mineralization zones at Ruby Hill. Key initiatives include ongoing drilling, an upcoming Preliminary Economic Assessment (PEA), and cost estimates for refurbishing the Lone Tree autoclave facility, projected at $248.1 million. CEO Ewan Downie noted 2023 as a catalyst-rich year, anticipating enhanced production and development activities across its properties.
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