i-80 Gold Corp
Primary ticker: TSX:IAU, NYSE:IAUX
Stage of development: Exploration, Development, Production
Primary minerals: Gold
Project to promote: Granite Creek Underground / Granite Creek Open Pit / Archimedes Underground / Mineral Point Open Pit / Cove Underground / Lone Tree Autoclave
Project location: Nevada, USA
Website: www.i80gold.com
i-80 Gold Corp. is a Nevada-focused mining company committed to building a mid-tier gold producer through a new development plan to advance its high-quality asset portfolio.
The Company is the fourth largest gold mineral resource holder in the state with a pipeline of high-grade exploration projects advancing towards feasibility and one operating project ramping-up toward steady-state, all strategically located in Nevada’s most prolific gold-producing trends.
Leveraging its fully permitted central processing facility following an anticipated refurbishment, i-80 Gold is executing a hub-and-spoke regional mining and processing strategy to maximize efficiency and growth. i-80 Gold’s shares are listed on the Toronto Stock Exchange (TSX:IAU) and the NYSE American (NYSE:IAUX). For more information, visit www.i80gold.com.
Major shareholders:
Daniel Kaufman – 9.5%
Orion Resource Partners – 5%
Moon Capital Management – 4%
Sprott Asset Management – 4%
Black Rock Institutional – 4%
Management ownership – 1.30%
Financials
Management Profile
Richard Young, President & CEO
Richard Young was the founder and eventually CEO of Teranga Gold Corporation, playing a key role in Teranga’s transformation from a single asset producer into a successful low-cost, mid-tier gold producer that was ultimately acquired by Endeavour Mining PLC in 2021 for more than C$2.5B. Most recently, Richard served as President and CEO of Argonaut Gold that was acquired by Alamos Gold Inc. in July of 2024. During his career, Mr. Young has been responsible for implementing award-winning sustainability programs, including the 2008 and 2017 PDAC Sustainability Award, and the 2020 UN Global Compact Canada SDG Accelerator Award.
Leily Omoumi, VP Corporate Development & Strategy
Leily Omoumi brings over 17 years of experience across the mining industry and capital markets. She was most recently Vice President, Corporate Development at Teranga Gold, a mid-tier gold producer, where she played an integral role in the advancement of the company’s strategic direction and completed two landmark M&A transactions, including the sale of Teranga Gold to Endeavour Mining. Previously she was at BMO Asset Management covering mining and oil and gas equities as a buy-side analyst, and prior to that she was a sell-side analyst covering precious metals equities at Scotia Capital. Ms. Omoumi began her career at Hatch Consulting as an engineer, working in a technical capacity on various global mining projects. She holds a Bachelor’s Degree in Mechanical Engineering, and an MBA from the University of Toronto.
What is your rationale for taking part in 121 Mining Investment?
Our rationale for participating in the 121 Mining Investment Conference is to present the Company’s new development plan, which aims to advance all five multi-stage assets within its portfolio, and engage with prospective investors to expand our long-term shareholder base. We are also open to discussing potential royalty sales for the Mineral Point open pit project and the Lone Tree autoclave processing facility to be refurbished.
What recent news would you like to highlight to investors attending?
i-80 Gold’s new development plan and portfolio valuation following the release of five preliminary economic assessments, and the upsized bought deal recently announced (expected to close May 16, 2025) to help advance each project over the next 12 months.
May 9, 2025: i-80 Gold Announces Upsizing of Previously Announced Bought Deal Public Offering of Units
April 24, 2025: i-80 Gold Appoints New Chief Operating Officer
March 6, 2025: i-80 Gold Announces Positive Preliminary Economic Assessment on the Granite Creek Open Pit Project, Nevada
March 5, 2025: i-80 Gold Announces Positive Preliminary Economic Assessment on the Granite Creek Underground Project, Nevada
February 21, 2025: i-80 Gold Announces Positive Preliminary Economic Assessment on the Mineral Point Open Pit Project, Nevada
February 18, 2025: i-80 Gold Announces Positive Preliminary Economic Assessment on the Archimedes Underground Project, Nevada
February 12, 2025: i-80 Gold Announces Positive Updated Preliminary Economic Assessment on the Cove Project, Nevada
What are your key goals in 3 months, 6 months, 12 months?
6 Months:
– Publish feasibility studies for Granite Creek Underground, Cove Underground, and Granite Creek Open Pit
– Autoclave Refurbishment Class 3 Engineering Study
– Achieve steady state of gold extraction at Granite Creek Underground
– Commence underground portal development activities at Archimedes Underground
12 Months:
Secure senior debt