I-80 Gold Corp./ IAU, IAUX (TSX, ASE)

  • Finanzierung über 50 Mio. mit Wandelschuldverschreibungen, deren Wandlungspreis zum Target Price von Sprott passt. Natürlich ist Sprott der Hauptfinanzierungspartner:


    Meldung 02.02.2023


    Der hohe Short-Bestand von über 16 Mio. könnte der Absicherung der Finanzierung dienen - passt alles zusammen!


    i-80 Announces US$50 Million Convertible Debenture Private Placement


    02.02.2023 | CNW
    [Blockierte Grafik: https://www.goldseiten.de/bilder/minen/logos/4017.png]
    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
    All dollar figures are in US dollars unless otherwise noted
    RENO, Feb. 2, 2023 - i-80 Gold Corp. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company"), is pleased to announce that it has entered into an agreement with Sprott Capital Partners ("Sprott") and CIBC Capital Markets ("CIBC" and together with Sprott, the "Co-Lead Agents"), in connection with a "best efforts" private placement offering (the "Offering") of up to US$50,000,000 principal amount of secured convertible debentures (the "Convertible Debentures") of the Company.
    In addition, the Company has granted the Co-Lead Agents, on their own behalf and, if applicable, on behalf of a syndicate of agents (collectively, the "Agents") an option to increase the size of Offering by up to 15% of the number of Convertible Debentures, exercisable at any time up to three business days prior to the closing of the Offering, on the same terms and conditions under the Offering.
    The Convertible Debentures will bear a fixed interest of 8.00% per annum and will mature on the date that is four years from the Offering closing date (the "Maturity Date").
    The principal amount (the "Principal Amount") of the Convertible Debentures may be converted into common shares of the Company ("Common Shares") at a conversion price of US$3.38 per share (the "Conversion Price"). The Company shall have the option but not the obligation to pay interest in common shares at its own discretion, subject to the approval of the Toronto Stock Exchange ("TSX"). If the Company decides to pay interest in common shares, then it will be priced at the greater of (i) 90% of the average closing price of the Company's common shares as measured in U.S. dollars on the NYSE American exchange during the ten (10) business days leading up to the interest payment, or (ii) the lowest price permitted by the TSX. The Principal Amount of the Convertible Debentures outstanding from time to time along with the accrued interest shall be due and payable upon the Maturity Date.

  • i-80 Announces US$50 Million Convertible Debenture Private Placement

    https://www.newswire.ca/news-r…-placement-838599853.html
    RENO, Nev., Feb. 2, 2023 /CNW/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company"), is pleased to announce that it has entered into an agreement with Sprott Capital Partners ("Sprott") and CIBC Capital Markets ("CIBC" and together with Sprott, the "Co-Lead Agents"), in connection with a "best efforts" private placement offering (the "Offering") of up to US$50,000,000 principal amount of secured convertible debentures (the "Convertible Debentures") of the Company.
    In addition, the Company has granted the Co-Lead Agents, on their own behalf and, if applicable, on behalf of a syndicate of agents (collectively, the "Agents") an option to increase the size of Offering by up to 15% of the number of Convertible Debentures, exercisable at any time up to three business days prior to the closing of the Offering, on the same terms and conditions under the Offering.
    The Convertible Debentures will bear a fixed interest of 8.00% per annum and will mature on the date that is four years from the Offering closing date (the "Maturity Date").
    The principal amount (the "Principal Amount") of the Convertible Debentures may be converted into common shares of the Company ("Common Shares") at a conversion price of US$3.38 per share (the "Conversion Price"). The Company shall have the option but not the obligation to pay interest in common shares at its own discretion, subject to the approval of the Toronto Stock Exchange ("TSX"). If the Company decides to pay interest in common shares, then it will be priced at the greater of (i) 90% of the average closing price of the Company's common shares as measured in U.S. dollars on the NYSE American exchange during the ten (10) business days leading up to the interest payment, or (ii) the lowest price permitted by the TSX. The Principal Amount of the Convertible Debentures outstanding from time to time along with the accrued interest shall be due and payable upon the Maturity Date.


  • i-80 Gold Intersects 12.3 g/t Au Over 10.7 m in New Target at Ruby Hill

    https://www.prnewswire.com/new…-ruby-hill-301741798.html
    RENO, Nev., Feb. 8, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce that drilling has identified new zone of high-grade gold mineralization in its first hole drilled to test a new target area at the Company's 100%-owned Ruby Hill Property ("Ruby Hill" or "the Property") located in Eureka County, Nevada.
    [Blockierte Grafik: https://mma.prnewswire.com/media/1998106/i_80_Gold_Corp_i_80_Gold_Intersects_12_3_g_t_Au_Over_10_7_m_in_N.jpg?w=400]Figure 1 – Ruby Hill Surface Plan (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/1998105/i_80_Gold_Corp_i_80_Gold_Intersects_12_3_g_t_Au_Over_10_7_m_in_N.jpg?w=400]
    Figure 2 – Cross Section 428 Zone (CNW Group/i-80 Gold Corp)High-grade gold mineralization was intersected in the first hole drilled to test continuity of a historic intercept below the Archimedes pit. A historic hole (HC1428) drilled by Homestake Mining Company intersected 15.0 g/t Au over 5.5 m, however no additional drilling was ever completed. Late in the 2022 drill program, this target was tested with a step-out hole, iRH22-65, that intersected high-grade mineralization at the projected target depth (see Figures 1 & 2 and Table 1).
    Highlight results from hole iRH22-65 drilled to test the 428 Zone:

    • 428 Zone : 12.3 g/t Au over 10.7 m (0.36 oz/ton – 35.0 ft)

    The 428 Zone is located approximately 300 metres east of the southern portion of the Ruby Deeps Zone and is one of several brownfields exploration targets tested in the highly successful 2022 exploration program at Ruby Hill. This program resulted in multiple gold, polymetallic and base metal discoveries including the Hilltop Zones where drilling has returned significant high-grade carbonate replacement mineralization (CRD) including 515.3 g/t Ag, 28.9 % Pb, 10.5 % Zn & 0.9 g/t Au over 28.3 m in hole iRH22-43 (Upper Hilltop). The 428 Zone is located below the Archimedes pit and appears to be a combination of distal-disseminated gold mineralization overprinted by later Carlin-type gold mineralization. The mineralization is hosted within the top of the Hamburg dolomite at the contact with overlying metamorphosed Dunderberg Shale with close proximity to the Blanchard fault. The Blanchard fault structure was one of the primary feeder structures of the multiple mineralized zones mined in the pit. No other holes have tested this contact in proximity to the Blanchard fault presenting a significant upside target at Ruby Hill. Additionally, the Hamburg dolomite represents a new host of Carlin-type mineralization on the Property and follow-up drilling will be completed during the ongoing 2023 exploration program.





  • i-80 Gold Announces Board-Supported Acquisition of Paycore Minerals

    https://www.prnewswire.com/new…e-minerals-301756246.html
    RENO, Nev., Feb. 27, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80") and Paycore Minerals Inc. (TSXV: CORE) ("Paycore") are pleased to announce that the companies have entered into a definitive arrangement agreement (the "Agreement") whereby i-80 will acquire all of the outstanding common shares of Paycore (the "Paycore Shares") pursuant to a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction").


    [Blockierte Grafik: https://mma.prnewswire.com/media/2010075/i_80_Gold_Corp_i_80_Gold_Announces_Board_Supported_Acquisition_o.jpg?w=600]Image 1 – Hilltop Corridor Surface Plan (CNW Group/i-80 Gold Corp)Paycore owns the FAD Property that is host to the high-grade FAD deposit located immediately south of, and adjoining, i-80's 100%-owned Ruby Hill Property ("Ruby Hill" or the "Property") located in Eureka County, Nevada.
    The Transaction will consolidate the northern portion of the Eureka District and is expected to strengthen i–80's dominant presence in the district by increasing the size of the land package at Ruby Hill by more than 34% to approximately 14,272 acres, providing i-80 enhanced exposure to one of the world's premier emerging Carbonate Replacement Deposit ("CRD") districts.






  • Equinox Gold Announces Bought Deal Private Placement Secondary Offering of i-80 Gold Units
    https://ceo.ca/@globenewswire/…ht-deal-private-placement
    VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce it has entered into an agreement with a syndicate of underwriters pursuant to which the underwriters have agreed to purchase, on a bought deal private placement basis, 11,600,000 units (the “Units”) at a price of C$2.76 per Unit for gross proceeds to Equinox Gold of C$32,016,000 (the “Offering”). Each Unit consists of one common share of i-80 Gold Corp. (TSX: IAU, NYSE American: IAUX) (“i-80 Gold”) owned directly and indirectly by Equinox Gold and one-half of one common share purchase warrant of i-80 Gold (collectively, the ”Securities”), with each whole warrant exercisable to purchase one common share of i-80 Gold owned directly and indirectly by Equinox Gold at a price of C$3.45 per share for a period of 12 months following closing of the Offering. In the event all warrants are exercised, the total gross proceeds to Equinox Gold would be C$52,026,000. The Securities are being sold pursuant to exemptions from the Canadian prospectus requirements and will be subject to a four-month hold period.


    Immediately prior to the Offering, Equinox Gold and its affiliates owned 60,841,282 common shares of i-80 Gold representing approximately 24.7% of i-80 Gold. As a result of the Offering and prior to any exercise of the warrants, Equinox Gold and its affiliates’ ownership has decreased to 19.97% of the issued and outstanding common shares of i-80 Gold. If all of the warrants are exercised, Equinox Gold and its affiliates will own 43,441,282 common shares of i-80 Gold, representing approximately 17.6% of i-80 Gold.


    The Offering is expected to close on March 28, 2023, subject to customary closing conditions. Net proceeds of the Offering will be paid directly to Equinox Gold. i-80 Gold will not receive any proceeds from the Offering.


    Equinox Gold remains a supportive shareholder of i-80 Gold and does not currently plan to make any additional changes to its interest in i-80 Gold.



    Das gibt vielleicht eine günstige Nachkaufgelegenheit für i-80; immerhin gibt es keine Verwässerung. Für ein PP kommt man allerdings nicht ran, da Bought Deal.

  • i-80 Gold Reports Q4 and Full Year 2022 Operating Results

    https://www.prnewswire.com/new…ng-results-301772318.html
    2022 Fourth Quarter Highlights:

    • Gold sales of 6,769 ounces; all-in sustaining cost of $1,137 per ounce sold1
    • December 31 cash balance of $48 million and $33 million in restricted cash
    • Continued exploration success at Ruby Hill with multiple high-grade intercepts including the discovery of polymetallic and base metal mineralization zones (4,509 core feet and 6,875 reverse circulation (RC) feet drilled)
    • 5,039 core feet and 4,940 RC feet drilled to expand monitoring of the hydraulic properties at McCoy-Cove
    • Completed step-out and infill drilling at Buffalo Mountain (4,699 core feet, and 925 RC feet drilled)
    • 15,882 tons of oxide mineralized material shipped to Lone Tree from Granite Creek for processing
    • Acquisition of the Argenta property with key water rights for executing on the Cove Project de-watering strategy
    • Lone Tree autoclave engineering study progressing on plan

    2022 Full Year Highlights:

    • Gold sales of 21,097 ounces; all-in sustaining cost of $1,182 per ounce sold1
    • Commenced trading on the New York Stock Exchange on May 19, 2022 under the symbol IAUX
    • Closed and funded the gold prepay and silver purchase and sale agreements totaling $75 million
    • Increased the size of the Granite Creek property package by approximately 1,280 acres (518 hectares), extending exposure along the primary fault structure by approximately 1.6 km north towards the Turquoise Ridge Mine, and 1.6 km south of Granite Creek
    • Achieved high-grade results from the underground drill program at Granite Creek with multiple intercepts in the Ogee and South Pacific zones
    • Several new discoveries at Ruby Hill containing high-grade precious and base metals including the Upper and Lower Hilltop Zones, East Hilltop and 1428 Zone
    • 4,359 feet of development completed at Granite Creek
    • 3,095 feet of exploration ramp advancement completed at McCoy-Cove
    • Completed first gold sale in Company history
    • A total of 240,449 feet (core and RC) drilled during the year with multiple positive results, especially at Ruby Hill and Granite Creek to expand mineralization further


  • i-80 Gold Corp. (IAUX) Q4 and Year End 2022 Financial and Operations Results Conference Call Transcript

    https://seekingalpha.com/artic…ations-results-conference


    "Our Company does have a very large resource base but over the next several years, we are looking to move to development and ultimately mining of at least three mining operations. That organic growth platform positions us to achieve our future goal of becoming the second largest gold producer in Nevada with sustainable development opportunities because we have several open pit projects that aren't even shown in our presentation that we will look at for future growth.


    We're executing on our strategy to grow reserves and resources through sustained exploration and the production and cash flow will increase as our operations continue to ramp up. We are prioritizing reserve increases and mine development with minimal dilution in the future to our shareholders. So as we continue to finance our projects, we will look to continue to be creative and how we build our deposits without necessarily being coming to the market every year to dilute our shareholders further."


  • I-80 Gold reports operating loss with ongoing growth

    https://elkodaily.com/mining/i…ed-8ee6-6b60b2e209af.html
    Reno-based i-80 Gold Corp. is continuing mine development progress in central Nevada, the company’s chief executive officer, Ewan Downie, said during a report on the company’s operation results for the fourth quarter and all of 2022.“The year was really built on our exploration success,” he said in the March 15 webinar.
    [Blockierte Grafik: https://bloximages.chicago2.vip.townnews.com/elkodaily.com/content/tncms/assets/v3/editorial/0/4d/04d50d84-c396-11ed-b966-2723d997e850/64126a6827080.image.jpg?resize=971%2C500]

  • i-80 Gold Provides Comprehensive 2023 Exploration & Development Update
    https://www.prnewswire.com/new…ent-update-301787957.html
    RENO, Nev., April 3, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to provide an update on the Company's exploration and development programs at its Ruby Hill, Granite Creek, Lone Tree, McCoy-Cove and Buffalo Mountain Properties as well as the results of the initial cost estimate for the refurbishment of the Lone Tree. Continued success in the early part of the 2023 exploration campaign at the Company's 100%-owned Ruby Hill Property ("Ruby Hill" or "the Property") located in Eureka County, Nevada highlights the substantial upside at the Company's flagship project with multiple new zones of both Carlin-type gold and Carbonate Replacement Deposit (CRD) type mineralization having been discovered in the early part of the program.


    Key initiatives for each project include:

    • Ruby Hill Property – Major drill program underway, Preliminary Economic Assessment (PEA) being completed for the underground gold mineralization, permitting ongoing for underground development, detailed metallurgical work and processing plan under development
    • Granite Creek Property – Underground development progress, mining rate increasing, economic studies and revised resource estimate being completed
    • Lone Tree Property – Cost estimate for the restart of the autoclave facility completed and work on the Class III Engineering (detailed engineering) Study underway, Ongoing residual leach program
    • McCoy-Cove Property – Underground development progress to more than 70% completion, ~40,000 metre underground drill program underway
    • Buffalo Mountain Property – Drilling program completed in late 2022, assessing potential for an open pit mining operation

    .
    [Blockierte Grafik: https://mma.prnewswire.com/media/2045937/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Figure 1 – Hilltop Fault Structure Drilling (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045940/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Photo 1 – East Hilltop CRD Discovery – Massive Sulphide Mineralization in Hole iRH23-10 (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045942/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Photo 2 – Sulphide Breccia in Hole iRH23-09 (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045943/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Photo 3 – Carlin-type mineralization in Hole iRH23-09 (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045938/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Figure 2 – Section Along Hilltop Structure (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045944/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Photo 4 – Massive Sulphide Discovery in Hole iRH23-09 (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045939/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Figure 3 – Granite Creek Property Location (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2045941/i_80_Gold_Corp_i_80_Gold_Provides_Comprehensive_2023_Exploration.jpg?w=350]Figure 4 – Surface Plan of Buffalo Mountain & Lone Tree (CNW Group/i-80 Gold Corp)

  • i-80 Gold Announces New High-Grade CRD Discoveries at Ruby Hill & Expands Ruby Deeps & Lowerjack Gold Horizons

    https://www.prnewswire.com/new…d-horizons-301806345.html
    RENO, Nev., April 25, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce that drilling has discovered new lenses of high-grade poly-metallic carbonate replacement deposit type (CRD) and skarn mineralization along the Hilltop fault structure and continues to expand mineralization in the Hilltop Zones and at the Company's 100%-owned Ruby Hill Property ("Ruby Hill" or "the Property") located in Eureka County, Nevada.
    Highlight results from initial 2023 drilling at Ruby Hill include:
    [Blockierte Grafik: https://mma.prnewswire.com/media/2062184/i_80_Gold_Corp_i_80_Gold_Announces_New_High_Grade_CRD_Discoverie.jpg?w=400]Figure 1 – Ruby Hill Surface Plan (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2062183/i_80_Gold_Corp_i_80_Gold_Announces_New_High_Grade_CRD_Discoverie.jpg?w=400]
    Figure 2 – Long Section – Hilltop Fault Structure (CNW Group/i-80 Gold Corp)

    • iRH23-09:

      • 3.4 g/t Au, 11.1 g/t Ag, & 6.7 % Zn & over 18.3 m (Lower Hilltop Zone)
      • 9.9 g/t Au over 5.8 m (Ruby Deeps Zone)
      • 9.2 % Zn & 0.1 % Cu over 3.1 m (Geddes Zone Discovery)
    • iRH23-10:

      • 0.6 g/t Au, 165.6 g/t Ag, 6.7 % Zn & 6.6 % Pb over 13.4 m (East Hilltop CRD Discovery)

        • including 0.5 g/t Au, 226.1 g/t Ag, 9.7 % Zn & 10.0 % Pb over 8.4 m
      • 3.2 g/t Au, 366.0 g/t Ag, 19.8 % Zn & 10.2 % Pb over 0.9 m
      • 0.3 g/t Au, 63.0 g/t Ag, 13.9 % Zn, and 1.6 % Pb over 2.3 m
    • iRH22-69:

      • 0.3 g/t Au, 25.3 g/t Ag, 5.8 % Zn & 0.3 % Pb over 10.7 m (Blackjack Skarn Zone)
      • 0.5 g/t Au, 13.5 g/t Ag, & 8.2 % Zn, over 5.0 m
      • 11.6 g/t Au over 13.1 m (Lowerjack Zone)
    • iRH22-71:

      • 3.7 g/t Au, 116.7 g/t Ag, 7.1 % Zn & 3.5 % Pb over 4.7 m (Blackjack Skarn Zone)
      • 449.0 g/t Ag, 7.0 % Zn & 16.4 % Pb over 1.4 m (Blackjack Skarn Zone)

    Exploration drilling in 2022 discovered multiple zones of high-grade CRD and skarn mineralization along the newly identified Hilltop fault structure located on the south side of the Archimedes open pit with intercepts up to 515.3 g/t Ag, 28.9 % Pb, 10.5 % Zn & 0.9 g/t Au over 28.3 m. The 2023 drill program is focused on delineating the known zones and testing for the potential of additional mineralization along the Hilltop fault. Early drilling has been successful in expanding mineralization in the Hilltop horizon over a strike length of 750 metres including the discovery of new lenses of high-grade mineralization in the East Hilltop area and also along strike to the west.
    "Our 2023 drill program has picked up where we left off in 2022, expanding high-grade mineralization in several zones and resulting in multiple new discoveries.", stated Tyler Hill, Chief Geologist of i-80 Gold. "These results confirm a substantial mineralized system that remains open for expansion making us optimistic of further discoveries as several of our priority targets remain to be tested."






  • Sprott:
    " Die heutigen Ruby Hill-Bohrungen setzen die Entdeckungsdynamik von I-80 mit einer Reihe von potenziellen neuen Entdeckungen fort.
    1) Bohrung 23-10 traf auf 13,4m @ 8,2g/t AuEq (15-22-16-45% Au-Ag-Pb-Zn) zwischen East Hilltop und Hilltop Upper, was möglicherweise 200-250m Streichen, potenziell ~500kt unter der Annahme von ~8m Mächtigkeit, 75m vertikaler Ausdehnung und 250m Streichen bedeutet (erfordert jedoch zusätzliche Infill-Bohrungen zur Bestätigung).
    2) Bohrung 23-09 fand 3,9m @ 6,9g/t AuEq (52-2-47% Au-Ag-Zn) aus 564m - möglicherweise eine Fortsetzung von Lower Hilltop oder eine neue Zone; und 5,8m @ 9,9g/t Au - interpretiert als Fortsetzung von Ruby Deeps, würde einen ~100m Step Out darstellen.
    3) In der heutigen Pressemitteilung nicht besonders hervorgehoben, aber für uns sehr interessant, war der Treffer in Bohrloch 23-04A mit 50,3 m @ 1,2 g/t, der ein tiefes MT-Ziel testete, bevor das Bohrloch abwich. Wir halten dies für äußerst interessant, da I-80 sein zunehmendes Vertrauen in die Erprobung von MT-Zielen bekundet hat, was für die zahlreichen MT-Anomalien, die größer als Hilltop sind, an anderen Stellen auf dem Grundstück nützlich ist.


    Die heutigen Treffer erfordern mehr Infill, um ein zuverlässiges Modell zu erstellen, daher halten wir unsere Schätzungen heute aufrecht, einschließlich unserer KAUF-Empfehlung und unseres Kursziels von 6,00 C$/sh, basierend auf 0,60xNAV5%-1850. Mit aktualisierten PEA-Studien bei Ruby Deeps und Granite Creek SPZ, einer aktualisierten Granite Creek Ogee Zone DFS, die beide in diesem Quartal fällig sind, sowie einer zunehmenden Rate an Bohrergebnissen bei Ruby Hill / Hilltop sehen wir zahlreiche wertsteigernde Katalysatoren für I-80 in diesem Quartal, um das Unternehmen in Richtung unserer These eines 400-500kozpa AuEq hochgradigen Nevada-Produzenten voranzubringen, der in der Lage ist, 250-400 Millionen US$/Jahr an FCF zu generieren.


    Die Kombination aus inländischer Prämie, liquider Mittelklasse und NAV-Zuwachs durch neue Entdeckungen macht I-80 unserer Meinung nach zu einem Muss."

  • Paycore Minerals Announces Shareholder Approval of Plan of Arrangement with i-80

    https://www.newsfilecorp.com/release/163711
    Toronto, Ontario--(Newsfile Corp. - April 25, 2023) - Paycore Minerals Inc. (TSXV: CORE) ("Paycore" or the "Company") is pleased to report that the previously announced proposed acquisition of all of the issued and outstanding common shares of Paycore ("Common Shares") by i-80 Gold Corp. ("i-80"), pursuant to a plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement"), has been overwhelmingly approved by the shareholders of Paycore ("Paycore Shareholders") at the special meeting of Paycore Shareholders held earlier today (the "Meeting"). A total of 21,341,555 Common Shares were voted in person or by proxy at the Meeting, representing 53.7 % of the outstanding Common Shares.
    The Arrangement was approved by 98.5% of the votes cast by Paycore Shareholders at the Meeting. The Arrangement was also approved by a simple majority of the votes cast by Paycore Shareholders, other than the votes cast by Waterton Nevada Splitter, LLC, and Waterton Nevada Splitter II, LLC (together, "Waterton"), Ms. Christina McCarthy and Mr. Steve Filipovic, which were excluded pursuant to Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions ("MI 61-101").


  • https://sprott.com/media/6407/230425-iau-scp-hilltop.pdf

  • i-80 Gold Reports Q1 2023 Operating Results


    https://www.prnewswire.com/new…ng-results-301818758.html




    2023 First Quarter Highlights:

    • Q1 2023 gold sales of 2,349 ounces, including the first gold sold from the Granite Creek property
    • March 31 cash balance of $57 million and $33 million in restricted cash
    • Continued exploration success at Ruby Hill including multiple new high-grade discoveries and expansion of gold and polymetallic mineralization
    • 6,890 core feet and 320 RC feet drilled to expand monitoring of the hydraulic properties at McCoy Cove
    • Continued underground core drilling delineation of the CSD Gap ore body at McCoy Cove (10,699 feet)
    • 9,389 tons of oxide mineralized material shipped to Lone Tree from Granite Creek for processing
    • Entered into an agreement to acquire Paycore Minerals Inc.
    • Engineering Class III study of Lone Tree autoclave refurbishment continued on plan

    "We are encouraged to have achieved the milestone of our first gold sale from Granite Creek, with over 400 ounces sold. We continue to advance development and improve production capabilities at this site and expect a ramp up through 2023. In addition, we continued to have production from the residual leaching at both Lone Tree and Ruby Hill", stated Ryan Snow, Chief Financial Officer of i-80. "We continued to advance development at McCoy-Cove and exploration at Ruby Hill spending nearly $9.0 million during the quarter to further understand the Hilltop and Blackjack zones at Ruby Hill and the CSD Gap ore body at McCoy Cove. With the additional capital raise completed in February, we will continue to advance i-80's projects towards our ultimate goal of being a mid-tier Nevada focused producer."

  • i-80 Gold Announces New High-Grade Results from Underground Drilling at Cove


    https://www.i80gold.com/i-80-g…rground-drilling-at-cove/

    Reno, Nevada, May 9, 2023 – i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (“i-80”, or the “Company”) is pleased to announce positive initial results from underground drilling at the Company’s 100%-owned McCoy-Cove Property (“Cove” or “the Property”) located in Lander County, Nevada. The ~40,000 metre drill program is primarily designed to provide additional delineation to upgrade resources in the Helen and CSD Gap Zones in advance of completing an updated resource estimate and a full feasibility study.
    Highlight results from initial 2023 drilling at Cove include:



      • 6.6 g/t Au over 6.0 m (iCHU23-01)
      • 13.2 g/t Au over 3.0 m And 10.3 g/t Au over 7.8 m (iCHU23-02)
      • 13.0 g/t Au over 6.0 m (iCHU23-03)
      • 12.9 g/t Au over 36.1 m (iCHU23-04)

    “Having not drilled the Cove deposit since 2018 as mine permitting was being advanced, many may have forgotten that it is one of the highest-quality deposits within i-80’s portfolio.”, stated Ewan Downie, CEO of i‑80 Gold. “Our early results in the CSD Gap Zone confirm high-grade mineralization that makes Cove one of the highest-grade development-stage gold deposits in North America.”
    Figure 1 – 3D View of the Cove Deposit and Drill Program

    [Blockierte Grafik: https://mma.prnewswire.com/media/2073013/i_80_Gold_Corp_i_80_Gold_Announces_New_High_Grade_Results_from_U.jpg?p=distribution]

  • i-80 Gold set to join Russell 3000® and Russell Microcap® Indexes


    https://www.prnewswire.com/new…ap-indexes-301833018.html


    RENO, Nev., May 24, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, it is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26.
    Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE (Financial Times Stock Exchange) Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
    "Inclusion in the Russell 3000® index validates our strategy to create a US listed, entirely US-focused gold and polymetallic exploration, development and production company.", stated Matthew Gollat, Executive Vice-President at i-80 Gold Corp., "i-80's trading volumes on the NYSE are consistently growing and these index additions will provide broader market access to the Company."
    Chief Executive Officer, Ewan Downie said, "When we launched i-80 just over two years ago, we implemented a strategy to build one of the largest US-focused mining companies. This strategy included a goal to list on the New York Stock Exchange, that was achieved last year, and a target to grow liquidity, access to capital, and market value for our shareholders. Inclusion in Russell indexes is a significant step towards the realization of this target."


  • i-80 Gold Announces High-Grade Results from Underground Drilling at Cove



    RENO, Nev., June 7, 2023 /PRNewswire/ - 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:
    [Blockierte Grafik: https://mma.prnewswire.com/media/2095096/i_80_Gold_Corp_i_80_Gold_Announces_High_Grade_Results_from_Under.jpg?w=600]Figure 1 – 3D View of the Cove Deposit and Drill Program (CNW Group/i-80 Gold Corp)

    • 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."
    Cove is one of three projects currently being advanced to realize the Company's goal of becoming the second largest gold producer in Nevada. In addition to the underground drill program, the exploration and development program will also include the completion of the first phase of the underground decline and drift, and detailed hydrological and metallurgical test work in advance of completing a Feasibility Study following the underground definition drill program.
    https://www.prnewswire.com/new…ng-at-cove-301844541.html

  • i-80 Gold Announces Best Results To-date from Underground Drilling at Cove

    https://www.prnewswire.com/new…ng-at-cove-301872578.html
    Highlight results from recent 2023 drilling at Cove include:
    [Blockierte Grafik: https://mma.prnewswire.com/media/2149928/i_80_Gold_Corp_i_80_Gold_Announces_Best_Results_To_date_from_Und.jpg?w=400]Figure 1 – 3D View of the Cove Deposit and Drill Program (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2149930/i_80_Gold_Corp_i_80_Gold_Announces_Best_Results_To_date_from_Und.jpg?w=400]
    Figure 2 – 3D Section View Gap Drill Program (CNW Group/i-80 Gold Corp)

    • iCHU23-10:

      • 14.9 g/t Au over 32.7 m, including 22.8 g/t Au over 14.8 m
    • iCHU23-11 :

      • 15.7 g/t Au over 22.5 m, including 21.8 g/t Au over 11.5 m
        and
      • 18.9 g/t Au over 29.3 m, including 27.8 g/t Au over 14.9 m

    The ongoing program, expected to consist of approximately 40,000 metres of drilling, is being completed on 30 metre spacing in advance of an updated resource estimate and economic study related to the construction of mining operation at McCoy-Cove. This program is focused on the CSD/Gap and Helen Zone portions (Figures 1 & 2) of the deposit which also includes mineralization below the pit in the Cove South Deep and 2201 deposits that are not being drilled as part of this program.
    "Grades and widths continue to meet or exceed expectations and are consistently at or above the current resource grade.", stated Tyler Hill, Chief Geologist of i-80 Gold. "With the Phase 1 underground decline nearing completion, the focus will shift entirely to the drill program, permitting and final mine approvals."





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