other
confidence high
sentiment neutral
materiality 0.50
i-80 Gold reports FAD resource: 86 koz Au indicated, 446 koz Au inferred; project non-core, for sale
i-80 Gold Corp.
- Indicated resource: 594 kt at 4.51 g/t Au, 209.7 g/t Ag, 4.34% Pb, 6.77% Zn containing 86 koz Au, 4.0 Moz Ag, 57 Mlb Pb, 89 Mlb Zn.
- Inferred resource: 2,736 kt at 5.07 g/t Au, 188.6 g/t Ag, 3.69% Pb, 4.42% Zn containing 446 koz Au, 16.6 Moz Ag, 223 Mlb Pb, 267 Mlb Zn.
- At spot prices, total mineralized material 7,362 kt with 895 koz Au, 31 Moz Ag, 408 Mlb Pb, 680 Mlb Zn.
- FAD is non-core; company intends to sell to support recapitalization; primary focus remains five core gold projects and Lone Tree refurbishment.
- Near-surface oxide at Gold Hill shows ~85% gold recovery in 48-hour bottle roll tests; potential heap leaching at nearby facilities.