Production
Ruby Hill / McCoy Cove / Granite Creek Gold Offtake
Trident owns an offtake for 40,000 ounces of gold per annum produced from i-80 Gold Corp.’s Ruby Hill, McCoy Cove & Granite Creek mines between 2024 – 2028.
Production
Trident owns an offtake for 40,000 ounces of gold per annum produced from i-80 Gold Corp.’s Ruby Hill, McCoy Cove & Granite Creek mines between 2024 – 2028.
i-80 holds a large position in Central Nevada with assets located on the Battle Mountain and Getchell trends. i-80 is planning for four mining operations to feed a central processing facility at the Lone Tree complex.
i-80 also has a processing agreement with Nevada Gold Mines (a Barrick-Newmont joint venture) to treat material while the Lone Tree facilities are refurbished.
May 2024
i-80 completed a “bought deal” public offering for aggregate gross proceeds to the Company of approximately C$115M, including the full exercise of the over-allotment option. The net proceeds of the Offering will be used to advance the development of the Company’s mineral properties and for general corporate purposes.
February 2024
i-80 completed a non-brokered private placement of C$21,580,567.20.
Location | USA |
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Operator | i-80 Gold Corp |
Commodity | Gold |
Mining Type | Open Pit |
Stage | Production |
Measured & Indicated | 226Mt @ 0.57gpt Au, 14.23gpt Ag |
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Inferred | 171Mt @ 0.66gpt Au, 13.41gpt Ag |
Total | 397Mt @ 0.61gpt Au, 14.00gpt Ag |
Measured & Indicated | 1.01Mt @ 10.90gpt Au, 29.10gpt Ag |
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Inferred | 3.87Mt @ 10.90gpt Au, 20.60gpt Ag |
Total | 4.87Mt @ 10.87gpt Au, 22.38gpt Ag |
2023 Production | 1,745 ozs |
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Measured & Indicated | 29.31Mt @ 1.73gpt Au |
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Inferred | 2.27Mt @ 5.22gpt Au |
Total | 31.59Mt @ 1.98gpt Au |
Source: Capital IQ