About i-80 Gold
i-80 Gold Corp., a mining company, engages in the exploration, development and production of gold and silver mineral deposits in the United States.
Mineral Projects
McCoy-Cove Project
The McCoy-Cove Project is an advanced-stage development project located along the Battle Mountain-Eureka trend in Nevada that is 100% indirectly owned by the company. The company’s subsidiary, Premier USA, acquired the McCoy-Cove Project from Newmont pursuant to the terms of a definitive purchase agreement dated July 31, 2014, which included the acquisition of 1,096 unpatented claims and nine patented fee claims. The company’s interest in the McCoy-Cove Project is held through Premier USA and Au-Reka LLC.
Granite Creek Project
The Granite Creek Project is an advanced-stage exploration and development project located at the intersection of the Getchell gold belt and the Battle Mountain-Eureka trend immediately south of Nevada Gold's Turquoise Ridge operation. The company acquired a 100% indirect ownership interest in the Granite Creek Project on April 14, 2021, pursuant to the Granite Creek Acquisition. The company’s interest in the Granite Creek Project is held through Premier USA and Osgood LLC.
Lone Tree Project
The Lone Tree Project is an advanced-stage development project located within the Battle Mountain-Eureka Trend, midway between the company’s Granite Creek and McCoy-Cove Projects. The property consists of the past-producing Lone Tree mine and processing facility, as well as the nearby Buffalo Mountain deposit and the Brooks open pit mine, which is on care and maintenance. Processing infrastructure at Lone Tree includes an autoclave, carbon-in-leach mill, flotation mill, heap leach facility, assay lab and gold refinery, tailings dam, waste dump and several buildings that the company anticipates will be useful for developing all mining projects, including a warehouse, maintenance shop and administration building. The company acquired a 100% indirect ownership interest in the Lone Tree Project on October 14, 2021, pursuant to the Asset Exchange. The company’s interest in the Lone Tree Project is held through Premier USA and Dee LLC.
Ruby Hill Project
The Ruby Hill Project is the company’s only project that is in production. Located within the Battle Mountain-Eureka Trend, the Ruby Hill Project is host to the producing Archimedes open pit mine and multiple gold, silver and base metal deposits. Processing infrastructure at Ruby Hill includes a primary crushing plant, grinding mill, leach pad, and carbon-in-column circuit. The company acquired a 100% indirect ownership interest in the Ruby Hill Project on October 15, 2021, pursuant to the Ruby Hill Acquisition. The company’s interest in the Ruby Hill Project is held through Ruby Hill LLC.
Other Property Interests
Tabor Project
In October 2020, Au-Reka LLC entered into an option agreement (the Tabor Option Agreement) with Orogen Royalties Inc. (Orogen) to earn up to a 100% interest in Orogen's Tabor Project located in Esmeralda County, Nevada. Pursuant to the terms of the Tabor Option Agreement, the company, through Au-Reka LLC, can earn up to a 100% interest in the Tabor Project. Once the company has obtained a 100% interest, Orogen will retain a 3% NSR on the Tabor claims and a 1% net mint or smelter returns (NSR) on the Mustang claims.
History
i-80 Gold Corp. was founded in 2020. The company was incorporated in 2020.