Announcement Date: | 2022-12-19 |
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Announcement Type: | Drilling Results |
Announcement Code: | NI43-101 |
Company name: | i-80 Gold Corp. |
Project name: | Ruby Hill |
Location: | United States |
Commodities: | Zinc |
Highlight: | Drilling results incl. 39.6m at 12.30% Zn, from 399.3m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | RENO, Nev., Dec. 19, 2022 /CNW/ – i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) (“i-80”, or the “Company”) is pleased to report the discovery of high-grade zinc mineralization from the first hole drilled to test the “Hilltop Corridor” at the Company’s 100%-owned Ruby Hill Property (“Ruby Hill” or “the Property”) located in Eureka County, Nevada. In addition to work completed on gold targets, including the Ruby Deeps deposit, the Company is drill testing multiple target areas for the potential to host polymetallic and base metal mineralization. This program has yielded substantial success with three new discoveries having been made in the first dozen holes drilled. In addition to this new intercept within the Hilltop Corridor “South Blackjack” target, i-80 has announced the recent discoveries of high-grade, polymetallic CRD (Carbonate Replacement Deposit) mineralization in the Upper and Lower Hilltop Zones. The first hole testing the Hilltop Corridor (iRH22-61) intersected high-grade mineralization grading 12.3% Zinc over 39.6 metres (See Figure 1 & 2). |
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