High-Grade Results From Underground Drilling At Granite Creek

RENO, NV - i-80 Gold Corporation announced high-grade results from the ongoing drill program to define mineralization in the upper part of the South Pacific Zone at the Granite Creek Property located in Humboldt County, Nevada. The new results are from seven new holes drilled in the underground campaign focused on the delineation of mineralization within the South Pacific Zone (SPZ). The SPZ is located immediately north of the current mine workings and is expected to become the primary zone for mining.  Initial stopes in the SPZ are being planned for H1-2024 once mine workings are extended to provide access.

The underground drill program is focused on the southern and upper part of the deposit, where initial mining is planned. Results from the underground program continue to demonstrate continuity of high-grade mineralization with some of the best results received to-date in the South Pacific Zone.

Highlight results from the most recent seven new underground drill holes testing the South Pacific Zone at Granite Creek include: 1) GCPU23-33: 17.7 g/t Au over 7.0 m. 2) GCPU23-45A: 27.2 g/t Au over 4.0 m. 3) GCPU24-01: 18.1 g/t Au over 14.4 m. 4) GCPU24-02: 22.0 g/t Au over 29.0 m. 5) GCPU24-04: 11.0 g/t Au over 22.4 m. 6) GCPU24-04: 60.5 g/t Au over 4.1 m.

"The ongoing surface and underground drilling program at Granite Creek continues to confirm impressive high-grade gold mineralization, including over substantial widths.", said Tyler Hill, Chief Geologist. "Importantly, the South Pacific Zone is expected to become the primarily source of mineralization at Granite Creek and remains open along strike to the north and at depth, providing considerable upside.