i-80 Gold reports 225.6-meter gold-silver intercept at Mineral Point

  • i-80 Gold reported initial drill results from its 2026 Mineral Point campaign.
  • iMP26-07 returned 225.6 meters grading 1.33 g/t gold and 39.2 g/t silver.
  • All 19 reported step-out holes encountered mineralization outside the existing resource.

i-80 Gold Corp. reported initial results from its ongoing 2026 infill and resource-expansion drilling campaign at the Mineral Point open-pit heap-leach project on the wholly owned Ruby Hill property in northeastern Nevada. The strongest reported intercept was 225.6 meters grading 1.33 grams per tonne of gold and 39.2 grams per tonne of silver in hole iMP26-07. Other highlights included 170.7 meters grading 1.70 g/t gold and 61.5 g/t silver in iMP26-23, and 202.7 meters grading 0.82 g/t gold and 40.1 g/t silver in iMP26-09. Of 35 initial holes, 19 were step-out holes outside the existing resource; all 19 encountered mineralization. The company said drilling east of the known deposit indicates potential to extend mineralization by approximately one kilometer along strike and 300 meters in width. Mineral Point hosts i-80 Gold's largest gold and silver mineral resource. The 2025 preliminary economic assessment outlined a 17-year mine life and annual gold-equivalent production of approximately 280,000 ounces after ramp-up, with a base-case after-tax net present value of $614 million and internal rate of return of 12% at gold and silver prices of $2,175 per ounce and $26 per ounce. The company is targeting completion of its 2026/2027 drilling program in the first quarter of 2027 and a pre-feasibility study around mid-2027, subject to drilling and assay timing.

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