Introduction To I-80 Gold Corp With 4 Projects & Developing Mines In Nevada
Ewan Downie, CEO and Director of I-80 Gold Corp (TSX: IAU – OTCQX: IAUCF), joins us to introduce the Company’s 4 primary Projects that are developing into mines, with a scaled production growth strategy targeting 50,000 ounces in 2022, 100,000 ounces in 2023, 200,000 ounces in 2024, and 400,000 ounces in 2025. We discuss the formation of I-80 Gold Corp through the spin out of Nevada assets from Premier Gold Mines, before the merger with Equinox Gold, and their growth through acquisitions to a global resource of 14 million ounces of gold equivalent; with 6.3 million ounces measured & indicated, plus 8.4 million ounces inferred.
Next we briefly walk through the development and production schedule over the next few years at the Granite Creek, Buffalo Mountain, Ruby Hill, and McCoy Cove Projects; located in the Battle Mountain and Carlin Trend of Nevada. All 4 projects are being developed into mines that will feed material to the Lone Tree processing center, host to a whole-ore autoclave, leach pad and CIC circuit, and a floatation circuit.
Ewan discusses expansion through exploration with the ongoing 20,000 meter drill program at Granite Creek, and the aggressive drill program planned for 2022 at Ruby Hill. We wrap up highlighting the experience of the management team, and the strong financial balance sheet.