other material
confidence high
sentiment positive
materiality 0.65
i-80 Gold provides Lone Tree plant refurbishment update; on schedule for late 2027 first gold pour
i-80 Gold Corp.
- Total capital cost estimate of $430M (12% contingency); ~40% of capital committed as of mid-July.
- Procurement 50% awarded by value; detailed engineering ~30% complete; demolition commenced mid-June.
- First gold pour anticipated by year-end 2027; major construction to start Q4 2026.
- Project remains on budget; 2026 guidance of $140M-$160M in expenditures reaffirmed.
- Refurbishment expected to reduce processing costs and increase cash margins by $1,000-$1,500/oz gold.