High-Grade Gold Intersection In Expansion Drilling At Granite Creek

RENO, NV - i-80 Gold Corporation reported positive results from the ongoing surface drill program, that includes step-out drilling at depth, at the Granite Creek Property located in Humboldt County, Nevada. High-grade results from drilling from the surface drill program is targeting the expansion of mineralization at depth below the mine workings at Granite Creek suggest significant expansion potential. To-date, fourteen holes have been completed, testing at depth. Assays have been received for the first four holes and all having returned impressive gold grades and widths of mineralization. Highlight results from initial deep drilling: 1) 12.8 g/t Au over 6.1 m in hole iGS21-01. 2) 16.3 g/t Au over 7.1 m in hole iGS21-03. 3) 14.7 g/t Au over 10.2 m and 16.4 g/t Au over 3.4 m in hole iGS21-04. 4) 16.5 g/t Au over 5.3 m and 5.1 g/t Au over 6.7 m in hole iGS21-05.

The step-out program is one of multiple target areas being drilled in the current program that will comprise more than 20,000 meters from surface and underground and continue well into the new year. While the primary goal of the 2021 drill program is to advance underground and open pit opportunities to production, an important part of the program is to expand resources at depth and along strike where the deposit remains open. When combined with wide-spaced historic drilling in the down-dip expansion area, drilling has defined high-grade mineralization over a strike length of at least 600 meters and 250 meters of dip length and remains wide open at depth and along strike to the north.

”The expansion program at Granite Creek is demonstrating the significant upside opportunity and confirm the potential to materially increase high-grade resources", said, Tyler Hill, Senior Geologist. "The fault structures are becoming more competent at depth suggesting the potential for increased widths, improved ground conditions and mineability, and enhanced continuity within the gold-bearing structures. Visually, every hole of the step-out program has intersected strong alteration and faulting.”