I-80 Gold Stock Price, News & Analysis

On April 25, 2023, i-80 Gold Corp. (TSX: IAU, NYSE: IAUX) reported new high-grade discoveries at its Ruby Hill Property in Nevada. The latest drilling has revealed significant mineralization, including 226.1 g/t Ag, 10.0% Pb, 9.7% Zn, and 0.5 g/t Au over 8.4 m in the CRD zone, and 11.6 g/t Au over 13.1 m in the Lowerjack zone. Initial drilling for 2023 continues to expand known mineralized zones, with new discoveries in the Hilltop fault structure. The company aims to develop an underground mine and an updated mineral resource estimate is planned following the drill program. Five drills are currently operational at Ruby Hill, targeting new areas for exploration and delineation.

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.

i-80 Gold Corp. (TSX: IAU) has announced a definitive agreement to acquire Paycore Minerals Inc. (TSXV: CORE) in a deal that will consolidate the FAD Property, enhancing i-80's position in the Eureka District. The acquisition will increase i-80's Ruby Hill land package by over 34%, enhancing access to high-grade deposits. Paycore shareholders will receive 0.68 of i-80 common share per Paycore share, reflecting a 36% premium based on recent stock prices. The transaction requires approval from Paycore shareholders, with a special meeting slated for late April 2023. This consolidation aims to support i-80's multi-year development plan as a leading U.S. mineral producer.

i-80 Gold Corp. (TSX: IAU) (NYSE: IAUX) has announced high-grade results from drilling at its Ruby Hill Property in Eureka County, Nevada. Key findings include:

• Upper Hilltop Zone: 1.7 g/t Gold, 421.3 g/t Silver, 6.9% Zinc over 15.2m
• Lower Hilltop Zone: 4.2 g/t Gold, 433.6 g/t Silver, 20.7% Zinc over 3.1m

These results confirm the presence of multiple high-grade Carbonate Replacement Deposit (CRD) zones. The company plans further drilling in 2023 to explore additional targets, as the Hilltop Corridor appears to host significant mineralization potential.

i-80 Gold Corp. announced the successful closing of a $65 million private placement offering of secured convertible debentures on February 22, 2023. These debentures have a fixed interest rate of 8.00% and will mature on February 22, 2027. They are secured by the company's subsidiary, Premier Gold Mines USA, and guaranteed by Au-Reka Gold LLC. Notably, insiders including directors subscribed for a total of $225,000 in debentures, which qualifies as a related party transaction. The offering is pending final acceptance from both the Toronto Stock Exchange and NYSE American.

i-80 Gold Corp (TSX: IAU) announced a Ruby Hill technical teach-in on February 23, 2023, at 12:00 PM EST, to discuss geophysical surveys and exploration plans for its Ruby Hill Property in Eureka County, Nevada. The session will delve into significant discoveries, including high-grade mineralization with grades up to 515.3 g/t Ag and 28.9% Pb. The company aims to build on 2022’s achievements, emphasizing the property’s potential for world-class gold and polymetallic deposits. Details on high-priority targets for the ongoing drilling campaign will also be highlighted.

i-80 Gold Corp (AMEX:IAUX, TSX:IAU) announced the discovery of a new high-grade gold mineralization zone at its Ruby Hill Property in Nevada. The first drill hole (iRH22-65) revealed significant results: 12.3 g/t Au over 10.7 m. This area, known as the 428 Zone, is a promising target located near the historic Archimedes pit. The company has made multiple discoveries in the 2022 drilling program, bolstering its exploration strategy. Additionally, 23 drill hole assays from 2022 are pending. The ongoing exploration aims to expand mineralization in key areas, signaling a robust potential for future gold production.