I-80 GOLD ANNOUNCES HIGH-GRADE RESULTS FROM UNDERGROUND DRILLING AT COVE
i-80 is firing on all cylinders at three exceptional projects that will be future mines. They are building a multi-billion mining company and are a cornerstone holding for investors in mining stocks.
Reno, Nevada, June 7, 2023 – i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (“i-80”, or the “Company”) is pleased to announce additional positive results from underground drilling at the Company’s 100%-owned McCoy-Cove Property (“Cove” or “the Property”) located in Lander County, Nevada. The ongoing ~40,000 metre drill program is focused on upgrading resources in the Helen and CSD/Gap Zones in advance of completing an updated resource estimate and a full feasibility study.
Highlight results from recent 2023 drilling at Cove include:
12.8 g/t Au over 14.2 m, and 13.8 g/t Au over 7.6 m (iCHU23-05)
11.1 g/t Au over 3.1 m, and 24.1 g/t Au over 14.0 m, and 44.2 g/t Au over 2.1 m (iCHU23-07)
10.0 g/t Au over 3.6 m, and 20.0 g/t Au over 2.3 m, and 11.4 g/t Au over 7.9 m (iCHU23-08)
9.6 g/t Au over 22.8 m (iCHU23-09)
“The underground drilling program at Cove is focused on defining mineralization for ultimate mine planning.”, stated Tyler Hill, Chief Geologist of i-80 Gold. “The first nine holes drilled have demonstrated continuity of gold mineralization in the upper portion of the CSD Gap horizon, confirming Cove as one of the highest-grade development-stage gold deposits in North America.”