i-80 Gold Reports High-Grade Drilling Success

i-80 Gold Corp (TSE:IAU) has released an update.

i-80 Gold Corp has announced promising high-grade gold results from its underground drilling program at the Granite Creek property in Nevada, indicating significant continuity in mineralization. The South Pacific Zone, which is north of current mine workings and slated for initial mining in the first half of 2024, has yielded impressive assay results, with highlights including 22.0 g/t gold over 29.0 meters. These developments suggest the potential for expanding the mineral resources at Granite Creek, with the company also ramping up a large-scale surface drill program in anticipation of an updated resource estimate and feasibility study.

For further insights into TSE:IAU stock, check out TipRanks’ Stock Analysis page.