i-80 Gold reports high-grade Granite Creek drill results

i-80 Gold Corp ( (TSE:IAU) ) has shared an announcement.

On January 20, 2026, i-80 Gold Corp. reported new high-grade assay results from its 2025 drilling campaign at the Granite Creek Underground Project in northern Nevada, where ramp-up toward steady-state gold production is under way. The 16,000-metre, 46-hole program, conducted between June and December 2025, delivered robust grades in the South Pacific Zone — including intervals such as 40.4 g/t gold over 13.2 metres and 31.3 g/t over 7.8 metres — supporting the geological model, confirming continuity of mineralization, and indicating expansion potential to the north and at depth. As of December 31, 2024, Granite Creek Underground hosted measured and indicated resources of 261,000 ounces of gold at 10.5 g/t and inferred resources of 326,000 ounces at 13.0 g/t, and the 2025 infill and step-out results will be combined with 2023–2024 data to produce an updated resource estimate underpinning a feasibility study expected in early 2026. The program primarily aimed to upgrade inferred resources to the indicated category and to extend the South Pacific Zone, building on a March 2025 preliminary economic assessment that outlined an approximately eight-year mine life with average annual production of about 60,000 ounces after ramp-up, and it also strengthens management’s confidence in achieving similar exploration success at the company’s Ruby Hill and Cove projects.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

Spark’s Take on TSE:IAU Stock

According to Spark, TipRanks’ AI Analyst, TSE:IAU is a Neutral.

The score is held back primarily by weak financial performance (loss-making margins and negative operating/free cash flow) despite strong revenue growth. Technicals are a key positive with a strong uptrend and supportive momentum. Earnings call commentary is cautiously constructive on execution and guidance, but financing and cost pressures remain meaningful risks, and valuation is constrained by negative earnings and no dividend.

To see Spark’s full report on TSE:IAU stock, click here.

More about i-80 Gold Corp

i-80 Gold Corp. is a Canadian-listed precious metals company focused on the exploration, development and operation of gold projects in Nevada. Its portfolio includes the Granite Creek Underground Project on the Getchell Trend, the Ruby Hill property and the Cove underground project, with an emphasis on high-grade underground and open-pit deposits near major existing mining complexes.

Average Trading Volume: 1,112,817

Technical Sentiment Signal: Buy

Current Market Cap: C$1.77B

Find detailed analytics on IAU stock on TipRanks’ Stock Analysis page.