Announcement Date: 2022-07-12
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: i-80 Gold Corp.
Project name: Ruby Hill
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 33.2m @ 19.8g/t Au from 463.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Reno, Nevada, July 12, 2022 – i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (“i-80”, or the “Company”) is pleased to announce that initial step-out drilling to test the southern extension potential of the Ruby Deeps deposit has intersected multiple zones of high-grade mineralization at the Company’s 100%-owned Ruby Hill Property (“Ruby Hill” or “the Property”) located in Eureka County, Nevada. Highlight results from initial southern step-out drilling in the Ruby Deeps horizon Hole iRH22-06 is the southernmost core hole drilled to test the Ruby Deeps horizon and confirms the potential to expand high-grade mineralization within the Ruby Deeps Zone that remains open along strike to the north and south, and to the east. In the southern portion of the deposit, drilling is intersecting multiple (4) structures, suggesting the potential to define resources in multiple horizons (see Figures 1 & 2 and Table 1). As in previous drilling in the Ruby Deeps Zone, ground conditions appear to be very favourable and intersection widths have met or exceeded expectations. The primary zone, located beneath the “Bullwacker” sill, returned an impressive 19.8 grams per tonne (g/t) gold (Au) over 33.2 metres (m), interpreted to be near true width. Additional drilling is now being completed in the southern portion of the deposit. The Ruby Deeps deposit is comprised of the 426 Zone; the
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