Announcement Date: 2022-08-16
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. 23.2m @ 9.7g/t Au from 408.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Reno, Nevada, August 16, 2022 – i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (“i-80”, or the “Company”) is pleased to announce that initial drilling to test the 426 Zone, part 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 infill and step-out drilling in the 426 horizon The 426 Zone is the upper portion of the Ruby Deeps deposit, is interpreted to consist of stratigraphic and fault controlled sub-horizontal mineralization hosted within or proximal to the northeast striking 426 fault structure and is anticipated to be the first zone accessed from underground. Drilling in the 426 Zone is designed to define mineralization for initial mine planning, to provide geotechnical work for the design of the underground decline, and to complete additional metallurgical test work. The 426 Zone remains open along strike to the south and at depth with very little drilling existing along the 426 fault at depth above its intersection with the Ruby Deeps. Drill holes iRH22-02 and iRH22-07 each intersected four significant intervals within this gap.
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