- i-80 Gold (IAU) is reporting positive results from underground drilling at the Granite Creek Mine in Nevada
- Highlights reach as high as 16 g/t gold over 33.9 m
- The Granite Creek Deposit remains open at depth and along strike from the underground workings
- i-80 Gold is a Nevada-focused mining and production company
- i-80 Gold (IAU) is down by 1.26 per cent trading at $2.36 per share
i-80 Gold (IAU) is reporting positive results from underground drilling at the Granite Creek Mine.
The 2022 underground drill program at the Nevada property seeks to delineate mineralization for mining, upgrading and expanding resources.
Highlights:
- 8.6 g/t gold over 10.3 m (0.25 oz/ton gold over 33.7 feet) in hole iGU22-17 – Ogee Zone
- 18.4 g/t gold over 9.1 m (0.54 oz/ton gold over 30 feet) in hole iGU22-18 – Otto Zone
- 13.8 g/t gold over 5.7 m (0.40 oz/ton gold over 18.8 feet) in hole iGU22-26 – Range Front Zone
- 24.4 g/t gold over 14.6 m (0.71 oz/ton gold over 48 feet) in hole iGU22-30 – Adam Peak Zone
- 26.4 g/t gold over 5 m (0.77 oz/ton gold over 16.4 feet) in hole iGU22-42 – Ogee Zone
- 23.1 g/t gold over 5 m (0.67 oz/ton gold over 16.4 feet) in hole iGU22-43 – Ogee Zone
- 16 g/t gold over 33.9 m (0.47 oz/ton gold over 111.3 feet) in hole iGU22-45 – Ogee Zone
Following the 2022 program, the company will include the underground zones at Granite Creek in a resource update comprised of 30,000 m of drilling.
It is currently mining a bulk sample from the underground zones to deliver an initial 10,000 tons to Nevada Gold Mines’ Twin Creeks Mine for metallurgical testing, as per their processing agreement.
The Granite Creek Deposit is located on the Battle Mountain-Eureka Trend and remains open at depth and along strike from the underground workings.
i-80 Gold is a Nevada-focused mining and production company.
i-80 Gold (IAU) is down by 1.26 per cent trading at $2.36 per share as of 11:33 am EST.