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i-80 Gold Corp begins test mining program at its Granite Creek property in Nevada

 

I-80 Gold Corp CEO Ewan Downie tells Proactive the Reno-based group is hoping to advance underground drilling and test mining on the Granite Creek property, which he says is one of the highest-grade gold deposits in North America with resource grades of over 10 grams per ton (g/t) gold.

Downie says the test mining program will verify the appropriate methods, cycles and sequences for mining, and will include both mechanical cutting and conventional mining methods. He says four surface and underground drills will prepare the project for what he hopes will be a production decision in the next four to six months.

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Price: 3.19 CAD

Market Cap: $608.5 m

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