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Financei-80 Gold Announces Remaining Assay Results from 2025-2026 Infill Drill Campaign at Ruby Hill
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i-80 Gold Corp. (NYSEAMERICAN:IAUX) announced on June 25, 2026 the remaining assay results from its completed 2025-2026 infill drill campaign within the upper 426 zone of the Archimedes Underground Project at its Ruby Hill property in Nevada, USA. Development remains on schedule for first gold production in Q4 2026. The company is optimizing its development plan sequencing, extending feasibility-level technical studies for Granite Creek and Cove underground projects from Q2 2026 to Q3 2026. Additionally, on June 26, i-80 Gold entered a termination and settlement agreement with Vox Royalty to end its gold offtake agreement, aiming to improve financial flexibility and strengthen its balance sheet. The company provides gold production and development services.
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By Noor Ul Ain Rehman Wed, July 15, 2026 at 1:52 AM PDT | 1 min read
- IAUX: -5.93%
- GC=F: -1.52%
i-80 Gold Corp. (NYSEAMERICAN: IAUX) is one of the best strong buy penny stocks to invest in now.
Drill Campaign Results and Development Update
On June 25, i-80 Gold Corp. announced the remaining assay results from the completed 2025-2026 infill drill campaign within the upper 426 zone of the Archimedes Underground Project. The project is located on the company's Ruby Hill property in northeastern Nevada, USA.
Development at the site remains on schedule to achieve first gold production in the fourth quarter of 2026. The company also stated that it is continuing to optimize the sequencing of its development plan. As a result, the timing of feasibility-level technical studies for Granite Creek underground and Cove underground has been extended from the second quarter of 2026 to the third quarter of 2026.
Termination of Gold Offtake Agreement
In a separate development announced on June 26, i-80 Gold Corp. entered into a termination and settlement agreement with Vox Royalty Cayman SEZC and its parent company, Vox Royalty Corp., to terminate the company's gold offtake agreement.
The termination is expected to provide greater financial and commercial flexibility for the company and further strengthen its balance sheet.
About i-80 Gold Corp.
i-80 Gold Corp. (NYSEAMERICAN: IAUX) provides gold production and development services.
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i-80 Gold Announces Remaining Assay Results From 2025-2026 Infill Drill Campaign at Ruby Hill