i-80 Gold Corp. (TSX: IAU) reported this morning the assay results from the ongoing surface drill program at its Granite Creek property in Humboldt County, Nevada. The results highlighted an intersect of 14.7 g/t gold over 10.2 metres.
The drill program includes a step-out drilling at depth at the property. Fourteen holes have been completed to date with the firm reporting the results of the first four holes.
Highlights of the drill results include:
- iGS21-04: 14.7 g/t gold over 10.2 metres and 16.4 g/t gold over 3.4 metres
- iGS21-03: 16.3 g/t gold over 7.1 metres
- iGS21-05: 16.5 g/t gold over 5.3 metres
- iGS21-01: 12.8 g/t gold over 6.1 metres
“The expansion program at Granite Creek is demonstrating the significant upside opportunity and confirm the potential to materially increase high-grade resources,” said i-80 Gold Senior Geologist Tyler Hill.
Out of the planned 20,000 metres for the drill program, approximately 12,500 metres have been completed. The mining firm is currently working on preparing several areas for test mining in advance of the production ramp-up targeted for H1 2022.
i-80 Gold last traded at $3.34 on the TSX.
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.
