#United States #Reno #i-80 Gold #Cove Project #Granite Creek

i-80 Gold Unveils Promising Assay Results in Nevada Mining Projects

In an exciting development for the mining sector, i-80 Gold Corp. has announced initial assay results from their ongoing program at the Granite Creek Underground Project and an update regarding infill drilling at their Cove Underground Project. The reports highlight the significant potential for high-grade resources across their Nevada portfolio, reinforcing i-80's position as a key player in the gold mining sector.

Initial Assay Results from Granite Creek

At the heart of the Granite Creek Underground Project is the South Pacific Zone, which has demonstrated robust high-grade mineralization throughout the initial infill drill program. According to Tyler Hill, Vice President of Geology, the first six holes drilled in this campaign show potential for expansion both to the north and deeper into the deposit. The results are promising, with drill hole iGS25-02A yielding noteworthy grades of 33.6 grams per tonne (g/t) gold over a length of 2.9 meters and 29.7 g/t gold across 3.6 meters.

Continued Drilling Campaign

The infill and step-out drilling campaign, which started in June, aims to convert inferred mineral resources into indicated resources. So far, 20 out of 40 planned holes have been drilled, covering approximately 14,000 meters, and the results reinforce the deposit’s viability as a cornerstone of i-80's operations.

Results Summary

A summary of the assay results from the recent drilling at Granite Creek is as follows:

Cove Underground Update

In parallel to the Granite Creek results, i-80 has completed approximately 45,000 meters of infill drilling at the Cove Underground Project over the past two years. This extensive drilling has taken place in the Gap and Helen zones and aims to provide a comprehensive geological model for future resource estimation.

The anticipation is that the upcoming feasibility study for Cove, scheduled for early 2026, will provide a clearer picture of the mineral resources, reflecting a better classification from inferred to indicated resources. Approximately 15% of the known mineralization in the Helen zone is oxidized and expected to undergo processing at the Lone Tree central processing facility, bypassing the more complex autoclave circuit.

Future Outlook

The projected feasibility study will not only replace a prior assessment but will also detail new insights into the Carlin-style mineralization at Cove. i-80 Gold has engaged SRK Consulting to assist in completing the upcoming feasibility study, indicating a commitment to scientific rigour and accuracy in reporting.

Conclusion

The latest developments from i-80 Gold's drilling initiatives at Granite Creek and Cove underline the high-grade potential of their Nevada portfolio. The insights garnered from these projects are crucial for the company’s future growth, positioning it strongly in the competitive landscape of gold mining. With management's proactive approach, the mining industry is keenly watching i-80’s progress in both the Granite Creek and Cove projects as they work towards enhanced resource and operational validation.

For more detailed information, further updates will be provided as i-80 Gold continues to push forward with their drilling programs and feasibility studies.