VANCOUVER - i-80 Gold Corp.'s [IAU-TSX; IAUX-NYSE American] drilling has discovered new lenses of high-grade polymetallic carbonate-replacement-deposit-type (CRD) and skarn mineralization along the Hilltop fault structure and continues to expand mineralization in the Hilltop zones and at the 100%-owned Ruby Hill property, located in Eureka County, Nevada.
Highlight results from initial 2023 drilling at Ruby Hill include drill hole iRH23-09 that returned 3.4 g/t gold, 11.1 g/t silver, & 6.7% zinc & over 18.3 metres (Lower Hilltop Zone); 9.9 g/t gold over 5.8 metres (Ruby Deeps Zone) and 9.2% zinc & 0.1% copper over 3.1 metres (Geddes Zone Discovery).
iRH23-10 returned 0.6 g/t Au, 165.6 g/t Ag, 6.7% Zn & 6.6% Pb over 13.4 metres (East Hilltop CRD Discovery), including 0.5 g/t Au, 226.1 g/t Ag, 9.7% Zn & 10.0% Pb over 8.4 metres; 3.2 g/t Au, 366.0 g/t Ag, 19.8% Zn & 10.2% Pb over 0.9 metres; 0.3 g/t Au, 63.0 g/t Ag, 13.9% Zn, and 1.6 % Pb over 2.3 metres.
iRH22-69 returned 0.3 g/t Au, 25.3 g/t Ag, 5.8% Zn & 0.3% Pb over 10.7 metres (Blackjack Skarn Zone); 0.5 g/t Au, 13.5 g/t Ag, & 8.2% Zn, over 5.0 metres; 11.6 g/t Au over 13.1 metres (Lowerjack Zone).
iRH22-71 returned 3.7 g/t Au, 116.7 g/t Ag, 7.1% Zn & 3.5% Pb over 4.7 metres (Blackjack Skarn Zone); 449.0 g/t Ag, 7.0% Zn & 16.4% Pb over 1.4 metres (Blackjack Skarn Zone)
Exploration drilling in 2022 discovered multiple zones of high-grade CRD and skarn mineralization along the newly identified Hilltop fault structure located on the south side of the Archimedes open pit with intercepts up to 515.3 g/t Ag, 28.9% Pb, 10.5% Zn & 0.9 g/t Au over 28.3 metres. The 2023 drill program is focused on delineating the known zones and testing for the potential of additional mineralization along the Hilltop fault. Early drilling has been successful in expanding mineralization in the Hilltop horizon over a strike length of 750 metres including the discovery of new lenses of high-grade mineralization in the East Hilltop area and also along strike to the west.
"Our 2023 drill program has picked up where we left off in 2022, expanding high-grade mineralization in several zones and resulting in multiple new discoveries," stated Tyler Hill, Chief Geologist of i-80 Gold. "These results confirm a substantial mineralized system that remains open for expansion making us optimistic of further discoveries as several of our priority targets remain to be tested."
Refer to original press release for more details.
i-80 Gold is a well-financed, Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the company's advanced-stage property portfolio with processing at i-80's centralized milling facilities.