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i-80 Gold Corp. filed an updated Pre-Feasibility Study (PFS) for its Granite Creek Underground Project in Nevada…
IAUXi-80 Gold Corp.
i-80 Gold Corp. filed an updated Pre-Feasibility Study (PFS) for its Granite Creek Underground Project in Nevada, effective March 31, 2026. The study outlines a mine life of 8.5 years with total gold contained reserves of 556,000 ounces and average annual production of 75,100 ounces during steady-state operations (2028-2032). Key financial metrics include an after-tax net present value of $118 million at a 5% discount rate and total life-of-mine capital costs of $144.9 million. Operating costs are estimated at $1,827 per ounce during the steady-state period, rising to $2,076 per ounce over the full mine life due to initial third-party toll milling before the commissioning of the company's Lone Tree Plant in late 2027. The company operates in the gold mining industry.