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I-80 Gold Corp T.IAU

Alternate Symbol(s):  IAUX | T.IAU.WT

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

Post by NineLiveson Mar 15, 2023 8:51am
142 Views
Post# 35339251

Gold flying today

Gold flying todayFutures touched $1,930. Good for Gold producers as it heads higher. Impressed with IAU's financials, like the fact they are producing to support their exploration as they move forward. They have sufficient funds for at least another year for exploration but that's assuming production would fall which I don't think it will. In fact I would expect the tonnage to grow. Also the deal to take over Paycore adds another $20 to $30 million to the IAU exploration chest. (Have to check that number) did know what Paycore had in the bank.
If that EQX sale hadn't happened we'd all be smelling roses, let's see if the share price can get back on track now.

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