Recent Updates — IAUX
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.
i-80 Gold Corp. announced a positive feasibility study for its Granite Creek Underground gold project in Nevada, reporting initial proven and probable mineral reserves of 556,500 ounces at 7.87 g/t Au. The study outlines an after-tax net present value (NPV) of $118 million at a base case gold price of $2,750/oz, increasing to $598 million at $4,500/oz. Project economics include estimated all-in sustaining costs of $1,915/oz during the five-year steady-state period from 2028 to 2032 and a mine life of approximately 8.5 years. Concurrently, the company released initial assay results from its Mineral Point open pit project, highlighting a step-out hole intersecting 1.33 g/t Au and 39.2 g/t Ag over 225.6 meters. i-80 Gold Corp. is a Nevada-focused mining company developing high-grade gold assets to become a mid-tier producer.
i-80 Gold Corp. provided an update on the refurbishment of its Lone Tree autoclave and carbon-in-leach processing plant in Nevada, confirming the project remains on schedule and within budget. Major construction is expected to commence in the fourth quarter of 2026, with first gold pour anticipated by year-end 2027. The company reported that approximately 50% of procurement packages have been awarded and detailed engineering is 30% complete. Total capital costs are estimated at $430 million, inclusive of contingency, owner’s costs, and spares, with expenditures for the current phase guided between $140 million and $160 million. The refurbishment aims to transition the company from toll milling to an owner-operator model, potentially increasing cash margins by $1,000 to $1,500 per ounce of gold. i-80 Gold Corp. operates in the gold mining industry, developing assets in Nevada.
i-80 Gold Corp. announced high-grade assay results from the Archimedes Underground project, reporting 16.2 G/T AU over 56.4 meters. The company also provided updates regarding the timing of its 2026 technical studies. i-80 Gold Corp. is a gold mining company operating in the precious metals industry.
i-80 Gold Corp. entered into an Offtake Termination and Settlement Agreement with Vox Royalty Corp. and Vox Cayman SEZC to terminate its 2023 Offtake Agreement, which required the delivery of up to 40,000 ounces of refined gold annually. As consideration for the termination, the Company issued 3,453,237 common shares with an aggregate value of $4,800,000. i-80 Gold Corp. is a gold mining company.