i-80 Gold: Granite Creek FS shows NPV $118M, reserves 556.5K oz Au

i-80 Gold Corp.

Initial proven & probable reserves: 2.20 Mt at 7.87 g/t Au for 556,500 oz Au at Granite Creek Underground.
After-tax NPV(5%) of $118M at $2,750/oz base case; rises to $598M at $4,500/oz and $985M at $6,000/oz.
Measured & indicated resources up 229% to 3.73 Mt at 7.17 g/t Au (859,500 oz); mine life ~8.5 yrs.
Steady-state production ~75,000 oz/yr (2028-2032); AISC $1,915/oz (excl. Lone Tree refurbishment capital).
Mineral Point step-out hole: 1.33 g/t Au and 39.2 g/t Ag over 225.6 meters.

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