| Announcement Date: | 2022-02-08 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | i-80 Gold Corp. |
| Project name: | Granite Creek |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 73.2m @ 7.4g/t Au from 363.6m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Reno, Nevada, February 8, 2022 – i-80 GOLD CORP. (TSX:IAU) (OTCQX:IAUCF) (“i-80”, or the “Company”) is pleased to announce that exploration drilling at the Company’s Granite Creek Property (“Granite Creek” or “the Property”) located in Humboldt County, Nevada continues to provide impressive results in step-out drilling completed at multiple gold horizons. The primary target of surface drilling is the South Pacific Zone where high-grade mineralization is being defined at depth below, and to the north of, the mine workings at Granite Creek (see press releases dated November 16, 2021, and February 2, 2022). This release provides results from additional targets being tested on the Property, including expansion drilling at depth below the Ogee Zone and assessing the down-dip potential of mineralization contained within the Mag Zone (open pit). This drilling is part of the expanded 30,000 metre drill program from both surface and underground. Surface drill hole iGS21-15 is the first hole to test the Ogee Zone at depth and represents one of the deepest holes drilled to-date at this target. Holes iGS21-02, 13 & 14 were designed to test the potential for sulphide mineralization below the proposed Mag open pit. Ogee Zone The Ogee Zone represents one of the primary zones currently being developed for underground mining and was partially mined in 2012 and 2013. Drilling from surface and underground is designed to elevate resources to reserves. |
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