i-80 GOLD CORP. (TSX: IAU)
Report continued high-grade poly-metallic results from the ongoing drill program at the Company’s Ruby Hill Property located in Eureka County, Nevada.
The glory hole was iRH23-42A at 10.1 % Zn, 0.6 % Pb, 37.0 g/t Ag & 0.3 g/t Au over 116.3 m
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i-80 Gold Ruby Hill Mine, Nevada, USA
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| I-80 Gold Corp. | TSX: IAU |
| Stage | Development + Exploration |
| Metals | Gold + polymetallic |
| Market cap | C$511 million @ C$1.80 |
| Location | Nevada, USA |
I-80 GOLD EXPANDS HIGH-GRADE MINERALIZATION IN THE BLACKJACK ZONE AT RUBY HILL
10.1 % ZINC, 0.3 G/T GOLD, 37.0 G/T SILVER & 0.6 % LEAD OVER 116.3 METERS
16.1 % ZINC, 0.5 G/T GOLD, 12.4 G/T SILVER & 0.1 % LEAD OVER 16.1 METERS
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Reno, Nevada, December 4, 2023 – i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (“i-80”, or the “Company”) is pleased to report continued high-grade poly-metallic results from the ongoing drill program at the Company’s Ruby Hill Property (“Ruby Hill” or “the Property”) located in Eureka County, Nevada.
The current drill program is focused on both defining and expanding high-grade mineralization in multiple target areas including the Blackjack (skarn) and the Hilltop (skarn and polymetallic CRD) Zones, and advancing metallurgical work associated with these deposits.
The most recent intercepts in the Blackjack Zone include the first hole drilled from the east side of the Archimedes pit, which intersected significant high-grade mineralization at depth in the southern portion of the deposit where it remains open for expansion.
Highlight results from new drilling include:
Blackjack Zone
- iRH23-42
- 8.3 % Zn, 0.6 % Pb, 50.1 g/t Ag & 0.6 g/t Au over 20.1 m
- iRH23-42A
- 10.1 % Zn, 0.6 % Pb, 37.0 g/t Ag & 0.3 g/t Au over 116.3 m
- Including 16.3 % Zn, 0.5 % Pb, 42.3 g/t Ag & 0.3 g/t Au over 39.7 m
- And 14.5% Zn, 1.0% Pb, 59.9 g/t Ag & 0.2 g/t Au over 16.3 m
- iRH23-43B
- 16.1 % Zn, 0.1 % Pb, 12.4 g/t Ag & 0.5 g/t Au over 16.1 m
- Also 12.2% Zn, 0.1% Pb, 20.1 g/t Ag & 0.9 g/t Au over 8.6 m
- 10.1 % Zn, 0.6 % Pb, 37.0 g/t Ag & 0.3 g/t Au over 116.3 m
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Tyler Hill, Chief Geologist of i-80 stated
“The exceptional results being realized at Ruby Hill have attracted significant interest with high-grade polymetallic mineralization being defined in multiple target areas.
“Recent drilling has returned some of the highest-grade mineralization to-date in the Blackjack Zone as we continue to step-out to the south and at depth.
“Additionally, following the construction of the new drill stations better suited to intersect the East Hilltop Zones, substantial CRD and Skarn mineralization is being defined highlighting the potential to expand mineralization in these recently discovered zones.”
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To read the full news release, please click HERE
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author holds fewer shares in i-80 Gold.
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