South Pacific Zone Continues To Expand At Granite Creek

RENO, NV - i-80 Gold Corp. reported that continued drilling was successful in further delineating a new high-grade horizon, the South Pacific Zone (SPZ), at the Granite Creek Property ("Granite Creek" or "the Property") located in Humboldt County, Nevada. Surface drilling is targeting the expansion of mineralization at depth below, and to the north of, the mine workings at Granite Creek. The high-grade results received to-date from SPZ have exceeded expectations and suggests potential to substantively expand mineral resources on the Property. To-date, results have been received for the first of eleven (11) holes of sixteen (16) drill holes now completed to test the SPZ target with all drill holes that have reached the target returning impressive gold grades and widths of mineralization. Owing to the early success of the expansion drilling, the 2022 program has been expanded to ~30,000m of drilling and additional drill rigs have been added both on surface and underground.

Drilling of the SPZ has been elevated to the primary exploration target on the Property with multiple drill rigs completing delineation drilling as well as step-out drilling designed to continue to expand mineralization along strike and at depth where the deposit remains open. It is anticipated that SPZ will be included in a resource update following the 2022 drill campaign. High-grade mineralization occurs at the contact of the Upper and Lower Comus Formation rock units, and also associated with interpreted north to northeast striking splay faults resulting in multiple intercepts in some holes and remains wide open at depth and along strike to the north..  

"The consistency of high-grade gold mineralization in the South Pacific Zone is truly impressive as the ongoing drill program continues to demonstrate the significant upside opportunity at Granite Creek," said, Ewan Downie, Chief Executive Officer. "Including programs at Ruby Hill and McCoy-Cove in 2022, we expect to drill in excess of 50,000 meters in 2022 with a goal of expanding our already enviable resource base."