i-80 Gold Corp. provided an update on the progress of its new development plan, which outlines the path for advancing its Nevada gold projects. The company continues to advance permitting, technical, and development work on its five core projects, building on the Preliminary Economic Assessments released in Q1 2025.
At Granite Creek Underground, infill drilling of the South Pacific Zone commenced in June, with 20 of 40 planned holes completed, and a feasibility study is underway targeting completion in Q1 2026. For the Lone Tree Autoclave, optimization of feasibility work with Hatch Ltd. is ongoing, with an updated feasibility study for refurbishment targeted for Q4 2025.
Archimedes Underground is nearing completion of its final permitting stages, with approval for advancement expected in Q3 2025 for mining above the 5100-foot elevation, and initial development of the underground exploration drift anticipated shortly. Infill drilling for Archimedes is scheduled to begin in Q4 2025 for the upper zone and Q1 2026 for the lower zone, supporting a feasibility study targeting H1 2027. Cove Underground's feasibility study is now targeted for Q1 2026, a quarter later than planned, to accommodate additional metallurgical test work, while core drilling for Mineral Point Open Pit began in June.
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