An announcement from i-80 Gold Corp ( (TSE:IAU) ) is now available.
i-80 Gold Corp. has finalized two third-party processing agreements for toll milling and ore sales of refractory and oxide material, effective until December 31, 2027. These agreements are crucial for advancing the development of two of the company’s underground gold mines and the refurbishment of its Lone Tree autoclave facility, which is expected to become the central processing hub for its mining operations. The completion of these agreements supports i-80 Gold’s strategic growth and operational efficiency in the competitive Nevada gold mining industry.
More about i-80 Gold Corp
i-80 Gold Corp. is a Nevada-focused mining company aiming to establish itself as a mid-tier gold producer. The company is the fourth largest holder of gold mineral resources in Nevada, with a strategic portfolio of high-grade development and production-stage projects. i-80 Gold is implementing a hub-and-spoke regional mining and processing strategy to enhance efficiency and growth, leveraging its fully permitted central processing facility.
YTD Price Performance: 24.42%
Average Trading Volume: 684,305
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$423.3M
For detailed information about IAU stock, go to TipRanks’ Stock Analysis page.