IAU.TO · 2022-01-20 12:00:00

i-80 Gold Awards Contract for Lone Tree Autoclave Engineering Study Bolsters Nevada Operation Team with Multiple Key Hires

Management Changes

i-80 Gold Awards Contract for Lone Tree

Autoclave Engineering Study

Bolsters Nevada Operation Team with Multiple Key Hires

RENO, Nev.

Jan. 20, 2022

/CNW/ -

i-80 GOLD CORP.

(TSX: IAU) (OTCQX: IAUCF)

("i-80", or

the "Company")

is pleased to announce it has 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.

Lone Tree (CNW Group/i-80 Gold Corp)

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

. Mr. Carroll is one of

several recent key hires as set out further below.

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."

Building a Tier-One Operations Team

To execute on the Company's goal of becoming one of the most prominent producers in

Nevada

, i-

80 continues to bolster its management and operations teams to facilitate its production growth

targets over the next few years. Several key positions have been filled to ensure the Company has

the bench strength to execute its development plan.

Lone Tree [Autoclave] Project Director –

Tony Carroll

joins as the Lone Tree Project Director and brings over 30 years' experience in project

development, mineral processing, and production. Importantly, Tony previously held the position of

Capital Projects Manager with Barrick at its largest gold mining facility, Goldstrike, in the Carlin

Trend. Tony has extensive experience managing large capital projects from engineering through

construction to a safe operational start-up.

Environmental and

Permitting Manager –

Mark Miller

comes to i-80 with more than 30 years of environmental management experience. At the

start of Mark's career, he spent 20 years in the environmental consulting field with a primary focus

on subsurface investigation and remediation of petroleum impacted sites. Mark entered the mining

industry with the Environmental team at Freeport-McMoRan's

Bagdad, Arizona

operations and

moved to Nevada in 2010 with Barrick Gold Corporation where he managed Environmental

programs at the Turquoise Ridge, Cortez and Goldstrike operations. Following the formation of

Nevada Gold Mines

, Mark was tapped to manage all environmental aspects for the Carlin Trend

footprint which included the Gold Quarry and Goldstrike processing facilities, as well as all surface

and underground mining operations.

Senior Resource Geologist –

Kelly Lippoth

brings extensive exploration and production experience. Prior to joining i-80, Kelly spent

13 years at Coeur Mining Co. progressing from corporate geologic database manager and geologic

modeler to senior resource geologist working on projects located in North and

South America

including six years at the Rochester Mine in

Nevada

. Most recently, Kelly was Senior Resource

Geologist at McEwen Mining's Gold Bar Mine.

Granite Creek Project Manager -

David Westhoff

has been retained as Project Manager of the Granite Creek Mine. David brings to

the Company extensive engineering and underground operational production experience at several

Nevada mines. Previously, David held advancing engineering and operations roles over the course of

14 years at the Turquoise Ridge Mine for both Placer Dome and Barrick and served as a senior

engineer at NGM's Leeville Mine in the Carlin Trend. David has a Bachelor of Science degree in

Mine Engineering from

South Dakota School of Mines and Technology

(SDSM&T) and is a past

recipient of the Nevada Mining Association Safety award for General Supervisor, and SDSM&T's

Recent Graduate Award.

Lone Tree Site Superintendent -

Kyle Kottwitz

received a Bachelor of Science in Mining Engineering from the

University of Nevada,

Reno

, and is currently working to receive his MBA at

Texas A&M

. Kyle is a registered professional

engineer in the

State of Nevada

and joins i-80 from

Nevada Gold Mines

, and prior to that Newmont,

where he held positions in engineering, operations projects, production, and process. Most recently,

Kyle was Operations Manager at Lone Tree for

Nevada Gold Mines

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 through the development of four new open pit and underground mining

operations that will ultimately process ore at the Company's central Lone Tree complex that includes

an Autoclave.

www.i80gold.com

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, completion

of refurbishment and development activities at the Long Tree project, commencement of mining

operations at the Lone Tree project or the Ruby Hill mine development activities at the Company's

projects and resource updates in respect of certain properties, the objectives set out under 2022

Scorecard – Key Goals & Catalysts in this press release and the ESG initiatives. 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 obtain the relevant regulatory approvals, material adverse

changes, exercise of termination rights by any relevant party, unexpected changes in laws, 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.

SOURCE

i-80 Gold Corp

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2022/20/c9080.html

%SEDAR: 00052022E

For further information:

Ewan Downie - CEO; Matthew Gili - President & COO; Matthew Gollat -

EVP Business & Corporate Development, 1.866.525.6450, [email protected]

CO: i-80 Gold Corp

CNW 06:00e 20-JAN-22

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