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i-80 Gold to Expand Granite Creek Property with Key Land Acquisition
i-80 Gold to Expand Granite Creek Property with Key Land Acquisition Canada New...
About this update from I-80 Gold Corp
[{"type":"text","content":"\n \n \n \n i-80 Gold to Expand Granite Creek Property with Key Land Acquisition\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Extends exposure along primary mine structure by more than 3 km\n \n \n \n \n \n RENO, Nev.\n \n \n ,\n \n \n May 9, 2022\n \n \n /CNW/ -\n \n i-80 GOLD CORP.\n \n (TSX: IAU) (OTCQX: IAUCF)\n \n (\"i-80\", or the \"Company\")\n \n is pleased to announce that it has entered into an agreement to acquire strategic land sections adjoining the Company's Granite Creek Property (\"Granite Creek\" or \"the Property\") located in\n \n Humboldt County, Nevada\n \n from Nevada Gold Mines LLC (\"NGM\"). The new property includes unpatented claims in Section 6, T. 37 N., R. 42 E. and surface and mineral rights for Section 21, T. 38 N., R. 42 E. The new property sections provide i-80 with approximately 3.2 kilometres of additional exposure along the Getchell/Range Front fault structure that is intimately associated with the Granite Creek and Turquoise Ridge gold deposits (See Figure 1). Importantly, the property section to the north of Granite Creek is immediately on-strike with the recently discovered South Pacific Zone where high-grade mineralization is being defined along strike to the north of the Company's Granite Creek Mine (see press releases dated\n \n November 16, 2021\n \n , and\n \n February 2\n \n ,\n \n April 20\n \n and\n \n May 3, 2022\n \n ). Highlights of this property purchase include:\n \n \n \n \n Increases the size of i-80's Granite Creek Property package by approximately 1,280 acres (518 Ha)\n \n \n \n \n \n \n Extends exposure approximately 1.6 km north towards NGM's Turquoise Ridge Mine, and 1.6 km south of Granite Creek along the favourable Getchell/Range Front fault structure\n \n \n \n \n \n \n Provides a 100% interest in the potential northern extension of the South Pacific Zone where recent drilling has identified significant high-grade mineralization including:\n \n \n \n \n \n \n \n 16.3 g/t Au over\n \n 7.1 m\n \n in hole iGS21-03\n \n \n \n \n 14.7 ...