Welcome to our dedicated page for I-80 Gold news (Ticker: IAUX), a resource for investors and traders seeking the latest updates and insights on I-80 Gold stock.
i-80 Gold Corp. reports developments tied to its Nevada-focused gold mining portfolio, including exploration, development and production activity across high-grade projects and processing assets. The company’s updates commonly address its development plan, drilling and technical work, permitting activity, operating and financial results, and the Lone Tree processing strategy that supports a regional hub-and-spoke model.
Recurring corporate news also covers capital-structure actions and material financing agreements, including gold prepayment arrangements, convertible senior notes, royalty financing and debt retirement. The company’s public updates link those financing activities to advancement of its gold projects, refurbishment of processing infrastructure and working-capital needs.
i-80 Gold Corp. will conduct a Ruby Hill 'teach-in' session on November 15, 2022, at 8:30 am ET. The session will focus on the newly discovered Hilltop Zone and highlight new drilling results. Significant findings include high-grade mineralization with key results such as:
- iRH22-51: 3.1 g/t Au, 683.3 g/t Ag over 14.6 m
- iRH22-53: 1.9 g/t Au, 631.3 g/t Ag over 18.3 m
- iRH22-55: 60.2 g/t Au, 908.7 g/t Ag over 10.0 m
i-80 Gold Corp. announced promising results from drilling at the Hilltop Zone on its 100% owned Ruby Hill Property in Nevada, revealing high-grade polymetallic CRD mineralization. Key drill results include hole iRH22-55, which yielded 60.2 g/t Au and 908.7 g/t Ag over 10.0 m. Additional highlights feature significant silver and lead concentrations, with ongoing drilling to explore further mineralization. This discovery positions the Hilltop Zone as a potential major contributor to i-80's growth as it advances its mining plans for 2023, leveraging existing infrastructure.
i-80 Gold Corp. has released a Scoping Study by DRA Americas Inc. evaluating the restart of the Ruby Hill mill and leach circuits. The study estimates US$8.9 million for restarting the oxide processing facilities and US$65.7 million for converting to a flotation plant for lead/silver and zinc concentrates. Increased high-grade oxide mineralization was identified at Granite Creek and Ruby Hill, enhancing the potential for a restart. The completion of this study supports i-80’s aim to boost its operational capabilities in Nevada.
i-80 Gold Corp. (NYSE: IAUX, TSX: IAU) reported further high-grade results from its 2022 underground drilling at Granite Creek in Humboldt County, Nevada. Key findings include impressive intersections of gold mineralization such as 28.2 g/t Au over 17.8 meters and 39.0 g/t Au over 9.5 meters. The Ogee Zone, targeted for expansion, showcases significant potential with oxide mineralization suitable for processing. Strategic positioning near major mines enhances the property’s value as drilling continues to reveal promising results.
i-80 Gold Corp. will announce its unaudited financial and operational results for the three and nine months ended September 30, 2022 on November 9, 2022, before market open. A live conference call and webcast will follow at 10:00 am ET, allowing analysts and investors to engage with the executive team. i-80 Gold aims to achieve mid-tier gold producer status with multiple deposits in Nevada, utilizing the Lone Tree processing facility.
i-80 Gold Corp. announced promising results from its 2022 drilling program at the South Pacific Zone (SPZ) of the Granite Creek Property in Nevada. Significant intersections include 23.2 g/t Au over 5.3 m and 15.7 g/t Au over 6.6 m, indicating strong gold mineralization. The SPZ remains open for further expansion, with plans for additional drilling in 2023. The company aims to integrate SPZ into its mining plan and release an updated resource estimate in Q1 2023, showcasing the potential for enhanced production capabilities.
i-80 Gold Corp. (IAU) announced significant drilling results at the Ruby Hill Property, uncovering a new gold zone named the '007 Zone'. Highlights include assay results of 11.8 g/t Au over 18.3m and 14.8 g/t Au over 12.3m, indicating promising expansion potential. The 2022 drill program has expanded to over 30,000 meters, confirming excellent continuity of mineralization in Ruby Deeps and significantly high grades. Infill and step-out drilling aim to advance mine planning and resource estimates while reducing exposure to inflationary risks with the existing infrastructure.
i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) has received two Mine Operator Safety Awards from the Nevada Mining Association for its mines, Lone Tree and Ruby Hill. The awards are based on safety rates derived from various operational metrics. Additionally, Cammie Holland and Dillion Pollock were honored with individual safety awards. This recognition highlights the company's commitment to health and safety, as stated by President & COO Matthew Gili. i-80 aims to achieve mid-tier gold producer status through its advanced-stage property portfolio in Nevada.
i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) announced positive results from 19 new drill holes in the South Pacific Zone (SPZ) at the Granite Creek Property in Nevada. Highlights include: 44.4 g/t Au over 6.4 m, 19.6 g/t Au over 10.4 m, and 10.7 g/t Au over 14.5 m. The SPZ shows high-grade mineralization continuity over 600 m strike length, with significant expansion potential. CEO Ewan Downie noted the proximity to existing underground workings allows for rapid development. Assays for additional drilling are pending, indicating further upside potential.
i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) announced the discovery of high-grade, silver-rich polymetallic CRD mineralization at the Hilltop target, Ruby Hill Property, Eureka County, Nevada. Key results include:
- 515.3 g/t silver, 28.9% lead, 10.5% zinc over 28.3 m
- 671.0 g/t silver, 26.4% lead over 0.9 m
The Hilltop target is part of a larger 2022 drilling program, with plans for ongoing definition and expansion drilling in the area.