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i-80 Gold Corp. (IAUX) is a mining company focused on developing multiple deposits within Nevada. The company's Ruby Hill Property boasts high-grade polymetallic mineralization, with recent drilling results showing significant expansion potential. The Granite Creek Property, strategically located near major gold mines, has demonstrated substantial gold mineralization. Additionally, the McCoy-Cove Property contains high-grade gold deposits, particularly in the Helen Zone. i-80 Gold Corp. aims to become one of the largest precious metals producers in the United States through its advanced-stage property portfolio.
i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) will release its unaudited financial and operational results for the three and six months ending June 30, 2022, on August 10, 2022, before market open. A live conference call will follow at 10:00 am ET, allowing investors and analysts to engage with the executive team. i-80 Gold aims to become a mid-tier gold producer, focusing on multiple deposits within its Nevada-based portfolio, to be processed at the Lone Tree facility.
i-80 Gold Corp. announced promising results from its underground drilling at the Granite Creek Mine Property in Humboldt County, Nevada. Key highlights include high-grade gold mineralization such as 16.0 g/t Au over 33.9 m and 24.4 g/t Au over 14.6 m, primarily in the Ogee and Adam Peak zones. The ongoing drill program aims to delineate mineralization for mining and enhance resource estimates, contributing to a planned resource update after approximately 30,000 meters of drilling. The Company is simultaneously conducting metallurgical tests by delivering bulk samples to nearby Nevada Gold Mines.
i-80 Gold Corp. has announced significant advancements in its McCoy-Cove Property, including over 300 meters of decline and plans for a 40,000-meter underground drilling program starting in Q4-2022. This Phase 1 program aims to construct multiple drill bays for resource upgrading and culminate in a Feasibility Study anticipated in 2023. The Cove deposit is highlighted as one of North America's highest-grade gold deposits, with grades exceeding 10 g/t Au. These efforts are part of i-80's strategy to enhance its production capacity at the Lone Tree autoclave facility.
i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) announced successful step-out drilling at Ruby Hill, Nevada, revealing high-grade gold zones. Key intersections include 19.8 g/t Au over 33.2 m and other significant intervals. The Ruby Deeps deposit, which remains open for expansion, indicates potential for resource growth. The current drill program has expanded to over 20,000 metres, aimed at defining resources and supporting an underground mine development. CEO Ewan Downie expressed optimism regarding the project's potential to host a world-class gold deposit.
i-80 Gold Corp. has filed a preliminary short form base shelf prospectus in Canada and a corresponding shelf registration statement with the SEC in the U.S. This filing is a routine requirement linked to a previous financing arrangement. Currently, the company has a strong cash position of about US$130 million and is not seeking to raise additional capital. The Registration Statement is not yet effective, meaning no securities can be sold until it is approved. Detailed information can be accessed via SEDAR and EDGAR.
i-80 Gold Corp. (TSX: IAU) (NYSE: IAUX) reports promising results from its 2022 underground drilling program at the Granite Creek Property in Nevada. Highlights include:
- 28.1 g/t Au over 18.7 m in hole iGU22-01
- 15.0 g/t Au over 14.6 m in hole iGU22-03
- 33.8 g/t Au over 4.8 m in hole iGU22-13
The drilling aims to define mineralization for a forthcoming Feasibility Study and is expanding access to the Ogee Zone, which is expected to be a key contributor to future mining.
i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) reported significant drilling results from the South Pacific Zone at its Granite Creek Property in Humboldt County, Nevada. Notably, the deepest hole, iGS22-05, assayed 16.4 g/t Au over 15.3 m, indicating strong mineralization potential at greater depths. Other notable results include 11.2 g/t Au over 9.0 m in hole iGS22-02 and 10.7 g/t Au over 4.6 m in hole iGS22-06. The ongoing drilling program aims to expand mineralization, with a resource update expected later in 2022.
i-80 Gold Corp. has received approval to list its common shares on the NYSE American under the ticker IAUX, effective May 19, 2022, after delisting from OTCQX. CEO Ewan Downie highlighted that this listing will enhance access to a larger audience of institutional and retail investors, increasing awareness and liquidity for the company, which produces all its gold in the United States. The company continues to trade under the ticker IAU on the Toronto Stock Exchange.
i-80 Gold Corp. (TSX: IAU) (OTCQX: IAUCF) announced the results of its 2022 annual meeting of shareholders held on May 10, 2022. All director nominees were successfully elected, with significant support shown in the voting process. Ron Clayton received 99.964% approval, while Eva Bellissimo obtained 90.773%. Shareholders also approved the reappointment of Grant Thornton LLP as auditors. The formal voting results will be available on SEDAR. This press release includes forward-looking information, which is subject to known and unknown risks and uncertainties.
i-80 Gold Corp. has reported promising results from its inaugural drill program at the Ruby Hill Property in Eureka County, Nevada. Notable assay results include 7.0 g/t Au over 71.6 m, 9.1 g/t Au over 24.7 m, and 9.0 g/t Au over 18.3 m. The program aims to confirm and expand the Ruby Deeps Zone and is part of a broader 2022 drilling campaign exceeding 50,000 metres. Ongoing drilling is essential for the development of an underground mine, with positive indications of ground conditions and mineralization quality.
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