I-80 Gold Corp · TSX:IAU
I-80 Gold — Merger or Acquisition (February 2023)
8 slides from I-80 Gold's merger presentation, Feb 27, 2023
Slide 1: Acquisition of Paycore Minerals Inc. Expands the Ruby Hill Property by 1,468 ha
FEBRUARY 27, 2023 ACQUISITION OF PAYCORE MINERALS INC. EXPANDS THE RUBY HILL PROPERTY BY 1,468 HA
Slide 2: Disclaimer
DISCLAIMER Cautionary StatementRegardingForward LookingInformation Certain statements in this presentation constitute “forward looking statements” or “forward looking information” within the meaning of applicable securities laws, including but not limited to, completion of refurbishment and developm
Slide 3: Central Nevada: World's Most Productive Gold District
CENTRAL NEVADA World’s Most Productive Gold District • The acquisition of Paycore and the FAD Property will expand i-80’s core land holdings within the world’s most productive gold “district” • Will increase i-80’s position as the largest holder of gold resources in the Central Nevada district next
Slide 4: Ruby Hill: Extensive System
Extensive System RUBY HILL History of the Eureka District – Ruby Hill Property Blackjack Eureka District - World Class Opportunity • 1864 – Discovery of CRD mineralization Hilltop TL • +150 year mining history • 1869 – Smelting technology developed to process oxide ores • Early mining (1864-1966) wa
Slide 5: Paycore Minerals Deal Terms
Extensive System PAYCORE MINERALS Blackjack Deal Terms TL Hilltop Exchange Ratio: 0.68 Implied Premium: 36% (20 Day VWAP) 26% (Feb 24, 2023 close) Hilltop Fault Expected Closing: ~May 9, 2023 Ruby Hill Benefits to i-80: • Provides i-80 with an additional high- grade deposit: 10km • Historical Resour
Slide 6: FAD Deposit: World-Class Results
FAD DEPOSIT World-Class Results FAD Deposit – Upside Opportunity Core Estimated From To Au Grade Ag Grade Pb Zn Cu • Expected to materially increase Hole ID (m) (m) Length (m) True Width (%) (g/t) (g/t) (%) (%) (%) property-wide mineral resources GH21-01 737.0 740.5 3.5 90 - 100 10.4 153.8 1.8% 8.4%
Slide 7: Eureka Opportunity: District Consolidation
EUREKA OPPORTUNITY FAD Shaft Hilltop District Consolidation (Upper) Historic Ruby Hill Reported grade: 0.89 oz/t Au, 21.1 oz/t Ag, +15% Pb • Consolidated property will provide i-80 4H Target with 100% ownership of ~3.5 km, 426 UNTESTED largely untested & highly-prospective, structural trend FAD • Mu
Slide 8: Contact Us
CONTACT US 1.866.525.6450 WWW.i80GOLD.COM Ewan Downie Matthew Gili Ryan Snow Matthew Gollat Chief Executive Officer President & COO Chief Financial Officer EVP Corporate & Business Development i-80 GOLD CORP | 8