secwatch.observer — SEC 8-K summary
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Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001062993-25-003260
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i-80 Gold reports Cove PEA with $271M NPV, 30% IRR; also files Archimedes, Mineral Point PEAs
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- Cove Project PEA: after-tax NPV(5%) $271M, IRR 30% at $2,175/oz gold; 8-yr life, ~100K oz/yr avg gold production.
- Indicated resource 311K oz Au at 8.2 g/t; inferred 1.16M oz at 8.9 g/t; feasibility study targeted Q4 2025.
- Construction capital $157M (60% dewatering); LOM cash cost $1,194/oz, AISC $1,303/oz.
- Archimedes Underground PEA released Feb 18 and Mineral Point Open Pit PEA released Feb 21; details in exhibits 99.2 and 99.3.
- Cove PEA corrected to confirm designated press release status for prospectus supplement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000106299325003260/0001062993-25-003260-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000106299325003260/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-25-003260

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer