Home > Boards > Free Zone > User's Groups > GOLD (Au) PRODUCERS

$i-80 GOLD CORP. (TSX:IAU) Own 40% & Barrick

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
NYBob Member Profile
Member Level 
Followed By 856
Posts 84,808
Boards Moderated 69
Alias Born 11/22/03
160x600 placeholder
Tesla on Pace for Record High Close -- Data Talk
Tesla Inc (TSLA) is currently at $898.19, up $32.39 or 3.74% -- Would be new all-time high (Based on available data back to June 29, 2010)
IBM Down Nearly 7%, On Pace for Largest Percent Decrease Since January -- Data Talk
U.S. Leading Economic Index Rose in September, But Signals Slowdown -- The Conference Board
UK Sells GBP6Bln in July 2053 Green Gilt via Syndication
Markit Flash Manufacturing PMI on the Docket -- Data Week Ahead
Mortgage Rates Exceed 3% in Latest Week
Klarna to Offer Buy-Now-Pay-Later Option on Wix Websites
VC Daily: ShouTi Lands $100 Million to Develop Pills for Chronic Diseases
Top Company News of the Day
Exxon Plans $400 Million Expansion of Carbon Capture Facility in Wyoming
Soybean Sales Perk Up
Philly's Fed District Manufacturing Activity Eased in October
Fed's Quarles Warns of Extended High Inflation; Paycheck Protection Program May Have Made Inequality Worse, Minneapolis Fed Chief Says
U.S. Jobless Claims Fell 6K to 290K in Oct. 16 Week
Sio Gene Therapies Gets FDA Fast-Track Designation for AXO-AAV-GM1 in GM1 Gangliosidosis
Union Pacific Earnings Grow, With Revenue Carloads Flat
Essential Utilities to Buy City of Beaver Falls Municipal Wastewater Assets
Intellia Gets FDA Orphan Designation for NTLA-2001 in ATTR Amyloidosis
Pfizer, BioNTech: Phase 3 Study Shows High Efficacy of Covid-19 Vaccine Booster
Marsh & McLennan 3Q Profit Rises
Turkish Central Bank Cuts Benchmark Interest Rate to 16% -- Update
Turkish Central Bank Cuts Benchmark Interest Rate to 16%
High Consumer Vehicle Demand Drives AutoNation's 3Q Profit, Sales Higher
OGDCL Discovers Gas at Jandran West X-1 Well in Pakistan
Atlas Copco Posts Smaller-Than-Expected Rise in 3Q Net Profit
Danaher Sees Core Sales Growth of More Than 20% in 2021
Dow Inc. Revenue Gains in 3Q Support Swing to Profit
Danaher 3Q Sales, Profits Grow, Lifted by Covid-19 Work
Sterling Expected to Gain on UK Recovery, BOE Rate Rises
Stocks Drop on Economic Uncertainty, Evergrande Troubles
North American Morning Briefing:Stock Futures Edge Lower as Evergrande Worries Resurface
FTSE 100 Lower as Investors Fret Over Evergrande
Lancashire Holdings Warns on Political, Natural Catastrophe Losses
NYBob Member Level  Monday, 04/26/21 07:40:23 PM
Re: mick post# 1221
Post # of 1305 
$i-80 GOLD CORP. (TSX:IAU) Own 40% & Barrick Gold own 30% & Newmount 30%
(“i-80”, or the “Company”) is pleased to
provide an update for its 40%-owned South Arturo Property located in
the Carlin Trend of Nevada.

Reno, Nevada, April 21, 2021 –


$South Arturo is a joint venture with Nevada Gold Mines (“NGM”) and
includes the high-grade El Nino underground mine, which is in

Work completed in 2020 included a successful expansion drill program at
El Nino as well as work targeting the advancement of two additional
development opportunities on the property; the Phase 1 open pit and the
Phase 3 project.

El Nino

The 3,800 metre drill campaign completed in 2020 from underground drilling stations demonstrated the ability to extend mine life at depth with numerous high grade intercepts (previously released) including 26.76 g/t Au across 18.3 m, 17.11 g/t Au across 39.6 m and 5.73 g/t Au across 100.6 m.

Additional highlight results from new results received from the 2020 program are provided below. Following up on the success of this drill program, more than 8,000 meters of exploration drilling are planned in 2021 focused on extending mineralization further down dip at the Lower El Nino and Cloud Nine targets.

Highlight assay results for previously unreleased intercepts from the 2020 drill program include:

19.8 m of 12.20 g/t Au (SEC20012)
29.0 m of 6.20 g/t Au (SEC20014)
25.9 m of 14.05 g/t Au (SEC20015)
Development of a ramp to access the deeper mineralization is under way and is expected to be completed in Q1 2023. Production of orebodies accessed from the ramp is expected to begin in Q2 2022.

Phase 1

More than 3,500 metres of drilling was completed on the near surface portion of the planned Phase 1 open pit to increase confidence in the ore reserves and upgrade mineral resources. This drilling returned higher than expected grade-thicknesses and Barrick has moved heap leach material from Phase 1 into their year-end 2020 mineral reserves. In 2021, the joint venture plans to complete further metallurgical work in advance of mine construction.

Phase 3

2020 drilling completed in the Phase 3 project area also returned favorable results and the joint venture partners have commenced trade-off studies to optimize the economics of the project as an underground versus open pit project, or a combination scenario. Initial work on the underground option has been encouraging and 3,500 metres of exploration drilling is planned to test the Hendrix target located between the El Nino and Phase 3 deposits.

“El Nino continues to deliver excellent results as demonstrated by the latest intercepts of our 2020 drill campaign.
Multiple holes intersected zones of impressive grade over a mineable width”, stated Matt Gili, President and COO of i-80 Gold.
“We expect to see these results incorporated into an updated mineral resource model expected later in 2021. The deposit remains open at depth and along strike”.

Figure 1 – El Nino isometric view – Drilling from underground platforms


About i-80 Gold Corp.

i-80 Gold Corp. is a Nevada-focused mining company with a goal of achieving mid-tier gold producer status. In addition to its producing mine, El Nino at South Arturo, i-80 is beginning to plan for future production growth through the potential addition of the Phases 1 & 3 projects at South Arturo and advancing the development of the Company’s Getchell and McCoy-Cove Projects.

Qualified Person

Tim George, PE, Manager of Engineering Services, is the Qualified Person
for the information contained in this press release and is a Qualified
Person within the meaning of National Instrument 43-101.

The primary assay laboratories for the South Arturo Mine are ALS
Minerals and American Assay Labs in Reno, Nevada. For a complete
description of sample preparation, analytical methods and QA/QC
procedures, refer to the technical report dated January 25, 2021
(effective date December 1, 2020), titled “Preliminary Feasibility
Study for the South Arturo Mine, Elko County, NV” located on i-80’s

and at www.sedar.com.

Abbreviations used in this press release are available by following this link (click here).


For further information, please contact:

Ewan Downie, CEO


In GOD We Trust - Real Money -



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -


God Bless America
opinion appreciated

My opinions are my own and and DD I post should be confirmed as unbiased
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences