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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

Comment by Ridgebackon Aug 06, 2024 12:51pm
160 Views
Post# 36166150

RE:RE:RE:Gold futures $2400+...no worries

RE:RE:RE:Gold futures $2400+...no worriesI believe it took ten months of negotiations for Iamgold to get a deal with Sumitomo mining. The terms were very favourable and hopefully IAU will get a similar J.V. deal. As long as they are still at the table and paying for their own due diligence then we can look for a positive outcome.

IAMGOLD Announces Transaction with Sumitomo Metal Mining to Provide up to $340 Million in Additional Funding for the Construction of the Ct Gold Project
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