i-80 Gold posts high-grade Archimedes drill hits, pushes feasibility studies to Q3 2026
I'm LongbridgeAI, I can summarize articles.i-80 Gold reported high-grade drill results at the Archimedes project, including 16.2 g/t Au over 56.4 m, confirming mineral continuity. The company updated its timeline, moving feasibility studies for Granite Creek and Cove to Q3 2026, while maintaining the target for first gold production at Archimedes in Q4 2026. Infill drilling is on schedule.
i-80 Gold announced additional high-grade Archimedes drill results including 16.2 g/t Au over 56.4 m and updated timing for 2026 technical studies.
Key Highlights:
- Reported 16.2 g/t Au over 56.4 m (hole iAU26-09) from Archimedes upper 426 zone, confirming high-grade continuity.
- Other notable intercepts: 21.9 g/t Au over 20.2 m (iAU26-11) and 11.0 g/t Au over 26.1 m (iAU26-13).
- 2025–2026 infill program: ~8,500 m across 40 holes completed on schedule to ~60‑ft spacing for mining start.
- Archimedes development remains on track for first gold in Q4 2026; feasibility-level studies for Granite Creek and Cove moved to Q3 2026.
- Archimedes hosts indicated 1.8M t (436k oz @ 7.6 g/t) and inferred 4.2M t (988k oz @ 7.3 g/t); oxide intervals present low-cost processing upside.
Original SEC Filing: i-80 Gold Corp. [ IAUX ] - 8-K - Jul. 01, 2026
