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Mining Review Sunday 4th February 2024

Mining Review 4th February 2024

The week was once again all about the FED and US interest rates, with positive economic data suggesting a March rate cut was unlikely, causing markets and gold to pull back.

Cabral Gold, i-80 Gold, and Orla Mining all reported strong drilling results this week.  Continue reading

I-80 Gold High-Grade Results at Ruby Hill

i-80 GOLD CORP. (TSX: IAU)

Reported positive results from ongoing drilling at the Company’s 100%-owned Ruby Hill Property located in Eureka County, Nevada.

 The results continue to demonstrate significant potential to expand high-grade polymetallic mineralization in the Hilltop fault structure and within the Hilltop Corridor. Continue reading

i-80 GOLD Announces Cove High Grade Results

i-80 GOLD CORP. (TSX: IAU)

Announced positive results from ongoing underground drilling at the Company’s 100%-owned McCoy-Cove Property located in Lander County, Nevada.

The new results are from definition drilling in the CSD/Gap Zone and initial drilling in the Helen Zone that continue to confirm continuity of high-grade mineralization in both horizons. Continue reading

i-80 Gold Signs Non-Binding Term Sheet for the JV of Ruby Hill

 i-80 GOLD CORP. (TSX: IAU)

Announced that it has entered into a non-binding term sheet in connection with a potential joint venture with an arm’s length third party pursuant to which such potential partner will acquire a minority interest in the Company’s Ruby Hill Property located in Eureka County, Nevada. Continue reading

Mining Review 5th November 2023

Mining Review 5th November 2023

Gold popped back up close to the US$2,000 level, on fear of a rout in bonds.

Ascot Resources reported a high grade gold intercept, the best for 8 years near their Premier Mine, i-80 Gold reported operating results, Eloro completed some metallurgical testing, and Calidus and SQM started exploring for lithium at Tabba Tabba. Continue reading

Mining Review 17th September 2023

Mining Review 17th September 2023

We initiated coverage of West Red Lake Gold Mines, new owners of the Madsen Mine, formerly owned by Pure Gold Mining, which went into administration, and subsequently delisted from the TSX.V and AIM markets.

Ascot Recources, i-80 Gold, and Karora Resources all reported good drill results in a busy reporting week.  Continue reading

I-80 Gold Announces High-Grade Results From Ruby Hill

i-80 GOLD CORP. (TSX: IAU)

Reported positive results from exploration drilling at the Company’s 100%-owned Ruby Hill Property located in Eureka County, Nevada.

The 2023 program continues to expand high-grade gold and polymetallic mineralization in multiple zones,  the highlight being 15.6 % Zn, 8.7 % Pb, 420.4 g/t Ag, and 0.6 g/t Au over 40.4 m. Continue reading

I-80 Announces C$32 M Private Placement

i-80 GOLD CORP. (TSX: IAU)

Announced that it has entered into an agreement with CIBC Capital Markets as lead underwriter and sole bookrunner to which the Underwriters have agreed to purchase on a bought deal private placement basis, 11,852,000 common shares of the Company at a price of $2.70 per Offered Share for gross proceeds of $32.0 million. Continue reading

i-80 Gold Announces Best Results at Cove

i-80 GOLD CORP. (TSX:IAU)

Announce positive results from two additional underground drill holes at the Company’s 100%‑owned McCoy-Cove Property located in Lander County, Nevada.

The new results include the best intercepts to date and continue to demonstrate continuity of high-grade mineralization in the CSD/Gap Zone.  Continue reading

i-80 Gold Announces New High-Grade CRD Discoveries at Ruby Hill

i-80 Gold (TSX.V: IAU)

Announced that drilling has discovered new lenses of high-grade poly-metallic carbonate replacement deposit type (CRD) and skarn mineralization along the Hilltop fault structure and continues to expand mineralization in the Hilltop Zones and at the Company’s 100%-owned Ruby Hill Property located in Eureka County, Nevada.  Continue reading