i-80 Gold Corp recently awarded the engineering study for restart of the Lone Tree autoclave to Hatch Ltd. The study will complete a Pre-Feasibility Study (“PFS”) level mechanical and operational review of all aspects necessary for the restart of the Company’s autoclave processing facility located in northern Nevada. Additionally, as a part of its comprehensive plan to create a Nevada focused gold mining company, i-80 has recently filled multiple key positions continuing to build a tier-one operations team.
To lead the restart of the Lone Tree processing complex, the Company has secured one of the industry’s most qualified project management professionals, Tony Carroll.
i-80 acquired the Lone Tree Property and associated infrastructure capable of processing all Nevada ore-types from NGM in 2021. The Lone Tree complex includes an autoclave, floatation circuit, tailings compound, and heap leach facility that will become the hub of i-80’s Nevada operations and provide the platform to realize its future production growth plans. The study, combined with an extensive metallurgical program of the mineralization from the Company’s Granite Creek, McCoy-Cove and Ruby Hill projects, will allow management to consider a range of restart opportunities and associated capital costs. In the interim period, i-80 has secured processing agreements with Nevada Gold Mines (“NGM”) so that it can commence underground development at Granite Creek, seeing material delivered to NGM during the second half of 2022.
“The extensive experience and expertise brought by Hatch Ltd will be one of the crucial elements enabling i-80’s success in re-commissioning and operating Nevada’s newest refractory processing facility”, stated Matt Gili, President and Chief Operating Officer of i-80. “Additionally, few individuals have the demonstrated ability to successfully commission such a program and we are very fortunate to welcome Tony to our growing team.”