Drilling Shows Open Pit Potential at Granite Creek | Mining

RENO – Assay results from the first phase of drilling on i-80 Gold Corp.’s Granite Creek property. for geotechnical and metallurgical purposes focused on the planned surface mining confirms a high-grade opportunity for surface gold mining, the company reported.

“We continue to achieve substantial successes in many areas at Granite Creek, including completing surface drilling ahead of permit applications,” said Matt Gili, President and COO of i-80. Gold.

Drilling in the CX-Pi zone intersected higher grades than expected, and the company said further drilling is likely, while drilling for the open pit potential was completed before results were obtained. permit for an open pit mine with on-site processing.

The remainder of i-80 Gold’s ongoing drill program is primarily targeting mineralization to advance underground mining at Granite Creek in Humboldt County, according to the Dec. 8 announcement. This work consists of defining and extending the mineralization in several high-grade target zones.

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Reno-based i-80 Gold announced that it has completed initial rehabilitation of the underground mine workings that were already there when the company acquired the property, and a test mining program is in the works.

Gili said the underground drilling successes “bode well for the anticipated ramp-up of underground mining…and the long-term future of this exciting property.”

The company recently released a Preliminary Economic Assessment for Granite Creek that indicates both economic underground and surface mining, and i-80 Gold entered into an agreement with Nevada Gold Mines to process Granite Creek underground ore at the nearby Twin Creeks factory to the Lone Tree. processing facilities are ready.

NGM and i-80 have agreed to exchange ownership of 40% of i-80 Gold in the South Arturo Mine on the Carlin Trend for NGM’s Lone Tree property, which includes the processing facilities that had been subject to care and maintenance, offices, a leach pad for the Buffalo Mountain Mining Project which is in permit and tailings and waste dump facilities.

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