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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.W

Metals & Mining Gold
i-80 Gold Corp. is a mining company. The Company is a gold and silver producer engaged in the exploration, development and production of gold, silver mineral and poly-metallic deposits. Its operations include Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. The Company owns a 100% interest in the Lone Tree and Buffalo Mountain gold deposits and Lone Tree processing complex (collectively, the Lone Tree Project). The total land package of the Lone Tree property consists of approximately 12,000 acres. The Ruby Hill Project is an advanced-stage development project with residual heap leach production, located within the Battle Mountain-Eureka Trend. It owns a 100% interest in the Granite Creek gold project located at the intersection of the Getchell gold belt and the Battle Mountain-Eureka Trend in Humboldt County, Nevada. It owns a 100% interest in the McCoy-Cove project. It holds a 100% interest in the FAD project located along the Battle Mountain-Eureka Trend in Eureka County, Nevada.


TSX:IAU - Post by User

I-80 Gold Corp > Metalhead
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Comment by Angelique01on May 18, 2023 8:39pm
48 Views
Post# 35455676

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Metalhead

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MetalheadCapex for Skeena is $451M
Capex for IAU Ruby Hill is $150M

Enuf said.

metalhead666 wrote: The point...not the one on your head....was to address all the whining and crying at fund raising which last I checked is required to build a mine.  They have cash too. I wasn't implying that all of it was going to be considered CAPEX but that a significant part is which comes off the total mine build cost. 

Another reason for the financing when it happened and for the amount it was....was because they are negotiating the big financing with big money interests in Europe...they were in Geneva recently....no one was going to consider stepping up to the plate with a small cash balance on hand for fear of further financing at less favorable terms

Skeena did a great job raising all this money....let's see how well I80 does for the hundreds of millions they're going to need....hope they figure in overruns for all the problems they'll encounter in difficult, deep, water logged underground vein chasing.


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