i-80 Gold Projects $598 Million NPV for Nevada Granite Creek Mine

The project, located at the junction of the Battle Mountain-Eureka and Getchell trends, is currently ramping up toward steady-state production. According to the feasibility study, the mine holds proven and probable reserves of 556,500 ounces of gold. The company expects the site to serve as a primary feed for its Lone Tree autoclave and carbon-in-leach plant, which is slated for commissioning by late 2027.

Company leadership emphasized that the study reflects an expanded resource base and an 8.5-year mine life, despite recent mining depletion. Richard Young, President and CEO, noted that the project is central to the company’s transition into a mid-tier producer. By shifting from third-party toll milling to its own refurbished facility, i-80 Gold anticipates a significant reduction in processing costs between 2028 and 2032. The operation currently utilizes an underhand drift and fill mining method, with ongoing drilling programs targeting further resource growth in the South Pacific, Rangefront, Otto, and Ogee zones.