i-80 GOLD CORP. (TSX: IAU) today reported that the overhauling of underground drill bays has been completed, and underground drilling activities have begun at the Granite Creek property situated in Humbolt County, Nevada.
Granite Creek hosts open pit and underground resources on the property. The firms 22,000 metre drill program has begun, which focuses on both surface and underground drilling. The primary objective of the current program is to advance the project to production.
Underground drilling will be focusing on the delineating of sufficient resources for the development of a near–term mining and development plan. Surface drilling meanwhile will test mineralization for open pit definition and metallurgical purposes.
I-80 also declared that the Getchell Property is to be addressed as the Granite Creek property from this point onward. The decision was made to avoid confusion with the open pit at Getchell that’s situated at the nearby Turquoise Ridge mine property.
i-80 GOLD CORP. last traded on the TSX at $2.67.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.