i-80 Gold posts Granite Creek Underground FS after-tax NPV(5%) of $118 million at $2,750/oz gold

i-80 Gold released a feasibility study for the Granite Creek Underground gold mine in Nevada, outlining initial proven and probable reserves of 556,500 oz.

• Base case at $2,750/oz gold shows after-tax NPV(5%) of $118 million; undiscounted after-tax cash flow of $153 million.
• Sensitivity at $4,500/oz gold lifts after-tax NPV(5%) to $598 million; undiscounted after-tax cash flow to $744 million.
• Mine life is estimated at 8.5 years.
• Steady-state output averages about 75,000 oz annually from 2028-2032, following Lone Tree plant commissioning.
• Five-year steady-state cash costs are estimated at $1,827/oz; AISC is estimated at $1,915/oz, excluding Lone Tree refurbishment capital allocation.