i-80 Gold Announces Additional High-Grade Assay Results From Archimedes Underground Including 16.2 g/t Au Over 56.4 Meters; Updates Timing of 2026 Technical Studies
i-80 Gold reported high-grade assay results from the Archimedes Underground project, highlighting intercepts including 16.2 g/t gold over 56.4 meters and 21.9 g/t gold over 20.2 meters. The company confirmed that development remains on schedule for first gold production in the fourth quarter of 2026, though feasibility studies for Granite Creek and Cove underground were pushed back to the third quarter of 2026 to optimize sequencing.
Key figures
- Assay 1
- 16.2 g/t Au over 56.4 m
- Assay 2
- 21.9 g/t Au over 20.2 m
- Assay 3
- 11.0 g/t Au over 26.1 m
- Assay 4
- 7.3 g/t Au over 33.1 m
- First gold timing
- Q4 2026
- Inferred resource oz
- 988000
- Indicated resource oz
- 436000
- Inferred resource grade
- 7.3 g/t
- Indicated resource grade
- 7.6 g/t
- Inferred resource tonnes
- 4200000
- Technical studies timing
- Q3 2026
- Indicated resource tonnes
- 1800000
AI analysis
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