Best Results To-Date From Underground Drilling At Cove

Best Results To-Date From Underground Drilling At Cove

RENO, NV i-80 Gold Corp. reported additional results from the drilling in the Helen Zone that include some of the best results received to-date from the underground drilling program at the Company’s McCoy-Cove Property (Cove) located in Lander County, Nevada.

The new results are from results that continue to be received from drilling completed in 2023 to define the Helen Zone, the first horizon expected to be accessed at the Cove Mine. The program is confirming high-grade mineralization over appreciable thickness including multiple lenses in some parts of the deposit. The most recently received results from the Helen Zone contain some of the best results received to-date from the underground program and compare favourably with initial results from the Gap Zone where previously released results included intercepts of up to 12.9 g/t Au over 36.1 m in hole iCHU23-04, 14.9 g/t Au over 32.7 m in hole iCHU23-10 and 18.9 g/t Au over 29.3 m in hole iCHU23-11.

Highlight new results from drilling at Helen Zone McCoy-Cove: 1) iCHU23-37: 14.4 g/t Au over 9.1 m, and 22.6 g/t Au over 19.1 m, and 55.0 g/t Au over 1.8 m. 2) iCHU23-38: 13.8 g/t Au over 10.1 m, and 32.9 g/t Au over 14.9 m. 3) iCHU23-39: 25.3 g/t Au over 9.4 m, and 30.5 g/t Au over 2.1 m, and 19.7 g/t Au over 2.7 m, and 23.5 g/t Au over 12.8 m.

“Results received to-date have met or exceeded our expectations as definition drilling continues to confirm that Cove is one of the highest-grade, development-stage, gold deposits in North America.”, said Tyler Hill, Chief Geologist.  “Deposits with grades in excess of ten grams per tonne gold over widths frequently in excess of ten metres are rare. Significant upside exists at McCoy-Cove as mineralization in the main deposit remains open for expansion and multiple high-potential exploration targets have been identified on the large land package.”