i-80 Announces Filing of the Lone Tree Property Technical Report
i-80 Announces Filing of the Lone Tree Property
Technical Report
RENO, Nev.
,
Oct. 21, 2021
/CNW/ -
i-80 GOLD CORP.
(TSX: IAU) (OTCQX: IAUCF)
("i-80", or the "Company")
is
pleased to announce that it has filed a technical report prepared for the Lone Tree Property, in accordance with Canadian
Securities Administrators' National Instrument 43-101. The report may be found on the Company website and under the
Company's profile at
www.sedar.com
.
The independent report, dated
October 21, 2021
(effective date
July 30, 2021
), titled "Technical Report on the Mineral
Resource Estimates for the Lone Tree Deposit,
Nevada
" was completed by GeoGlobal LLC and provides detail to the
disclosure contained in the Company's news releases issued on
September 7, 2021
and
October 18, 2021
. The Qualified
person for the Report is
Abani R. Samal
, RM – SME.
About i-80 Gold Corp.
i-80 Gold Corp. is a well-financed
Nevada
-focused mining company with a goal of achieving mid-tier gold producer status.
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the
meaning of applicable securities laws, including but not limited to, financing transaction with Orion, completion of
refurbishment and development activities at the Lone Tree project, commencement of mining operations at the Lone Tree
and Buffalo Mountain projects or exploration and development activities the Ruby Hill mine. Such statements and information
involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or
achievements of the company, its projects, or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements or information. Such statements
can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate",
"estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current
expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of
future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved.
A number of factors could cause actual results to differ materially from the results discussed in the forward-looking
statements or information, including, but not limited to: failure to satisfy of the relevant conditions to the completion of the
transactions described herein, failure to obtain the relevant regulatory approvals, material adverse changes, exercise of
termination rights by any relevant party, unexpected changes in laws, failure to complete the Orion financing transaction on
satisfactory terms, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with
the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration,
refurbishment, development or mining programs or studies to deliver anticipated results or results that would justify and
support continued exploration, studies, development or operations.
Cautionary Note to U.S. Investors Concerning Estimates of Resources: This press release uses the term "inferred
resources." "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their
economic and legal feasibility. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a
feasibility study or prefeasibility study, except in rare cases. Information contained in the press release containing
descriptions of any mineral deposits may not be comparable to similar information made public by U.S. companies subject
to the reporting and disclosure requirements under
the United States
federal securities laws and the rules and regulations
thereunder that disclose mineral reserves and mineral resources in accordance with Industry Guide 7 or the SEC's new
mining disclosure rules in Regulation S-K 1300. SEC Industry Guide 7 does not recognize the existence of resources. Under
Regulation S-K 1300, reserve and resource definitions are substantially similar to the corresponding CIM Definition
Standards; however, there are differences between NI 43-101 and Regulation S-K 1300 and therefore information
contained in the press release may not be comparable to similar information made public by public U.S. companies pursuant
to the Regulation S-K 1300 or SEC Industry Guide 7.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/i-80-announces-filing-of-the-lone-tree-property-technical-report-301406281.html
SOURCE
i-80 Gold Corp
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/October2021/21/c3606.html
%SEDAR: 00052022E
For further information:
Ewan Downie - CEO, Matt Gili - President & COO, Matthew Gollat - EVP Business & Corporate
Development, 1.866.525.6450, [email protected], www.i80gold.com
CO: i-80 Gold Corp
CNW 18:10e 21-OCT-21