- i-80 Gold Corp. (IAU) has shared the high-grade results from six holes targeting the South Pacific Zone at the Granite Creek Property in Nevada
- Several intercepts hit high grades of gold mineralization, with some values as high as 23.20 grams of gold per tonne
- The zone remains wide open for expansion along strike to the north and at depth
- i-80 will complete an updated resource for the underground mineralization at Granite Creek
- i-80 Gold Corp. (IAU) is unchanged, trading at $2.43 per share as of 4:18 p.m. ET
i-80 Gold (IAU) has shared results from the final holes for its 2022 drill program at the Granite Creek Property in Nevada.
Several intercepts hit high grades of gold mineralization, with some values as high as 23.20 grams of gold per tonne.
The deepest and most northerly hole drilled to test this horizon intersected 15.70 grams of gold per tonne over 6.60 metres.
Tyler Hill, Senior Geologist of i-80, commented,
“Drilling in the South Pacific Zone has ended the year on a high note with the final six holes intersecting high-grade gold mineralization over mineable widths and further extending the deposit along strike to the north.”
The zone remains wide open for expansion along strike to the north and at depth. i-80 shared additional drilling for the zone has been planned for 2023 to continue the resource expansion.
The company stated it will complete an updated resource for the underground mineralization at Granite Creek that will be included in a later economic update expected early next year.
I-80 successfully expanded the South Pacific Zone during its drilling programs for 2021 and 2022.
i-80 Gold Corp. (IAU) is unchanged, trading at $2.43 per share as of 4:18 p.m. ET.
