i-80 Gold's Granite Creek Project Posts Positive Feasibility Study

i-80 Gold Corp. announced the results of a feasibility study for its high-grade Granite Creek underground gold project in northern Nevada, United States.

The study produced a positive outcome along with initial mineral reserves for the underground operation.

Granite Creek Underground is in the process of ramping up production and is expected to yield between 30,000 and 40,000 ounces of gold during 2026.

The project carries a net present value at a 5 percent discount rate of $118 million at a gold price of $2,750 per ounce, rising to $598 million at $4,500 per ounce, the company reported.