Silver-Rich CRD Mineralization Discovered At Ruby Hill

RENO, NV i-80 Gold Corporation reported that high-grade, silver-rich, polymetallic CRD mineralization has been discovered in drilling the Hilltop target at the Ruby Hill Property located in Eureka County, Nevada.

The Hilltop target is one of five conceptual exploration targets drilled in the 2022 program at Ruby Hill and was identified for its potential to host polymetallic (silver-lead-zinc) mineralization. The new zone of mineralization is located approximately 400 meters southwest of the poly-metallic Blackjack Zone  and immediately south of the Archimedes pit and the planned portal that the Company is advancing for construction.

Mineralization in the Hilltop target consists of polymetallic carbonate replacement (CRD) in the form of massive and semi-massive sulphide mineralization containing high-grade silver (including 515.3 g/t Ag over 28.3 m & 929.7 g/t Ag over 4.6 m) and has been intersected in two areas within the Hilltop target.  Definition and expansion drilling is underway, and the horizon remains open along strike and at depth. Mineralization has been intersected in additional holes 50 meters west of iRH22-43, for which assays remain pending.

The Ruby Hill district has a long history of high-grade polymetallic CRD mining that began in the late 1800's, resulting in production of 1.65 Moz Au, 39 Moz Ag, 625 Mlb Pb and 12 Mlb Zn from just 2 Mtons of ore through 19641. Since then, the CRD potential of the district has been largely overlooked, providing the Company what it believes to be a substantial opportunity.