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LONE TREE

 

i-80 recently acquired a 100% interest in the Lone Tree property, located within the Battle Mountain Trend, from Nevada Gold Mines LLC. Lone Tree is a past-producing mine with historic production of approximately 4.2 million ounces of gold and is host to substantial processing infrastructure including a whole-ore autoclave, leach pad and CIC circuit, and a floatation circuit. The property contains significant gold resources with the known mineralized zones remaining open for expansion. It is expected that the Lone Tree Complex will become the hub of i-80’s Nevada operations and provides the Company with a genuine opportunity to become a stand-alone producer with facilities capable of processing several ore types.

The total land package of the Lone Tree property consists of approximately 12,000 acres with excellent exploration upside.

QUICK FACTS

 

OWNERSHIP

100% i-80 Gold Corp


LOCATION

Battle Mountain Trend – Northern Nevada

 

STATUS

Plant Refurbishment

 

MINING STYLE

Open-Pit & Underground Potential

Centralized Milling Facility to Process Several Ore Types


M&I MINERAL RESOURCES

12,591 KT @ 1.51 G/T AU FOR 610 KOZS


INFERRED MINERAL RESOURCES

50,734 KT @ 1.69 G/T AU FOR 2,764 KOZS

 

2021 work plan

Advance Permitting

Initiate Plant Refurbishment Study

 

TECHNICAL REPORTS

Lone Tree, Nevada (October 21, 2021)

GEOLOGY

Lone Tree has historically been classified as an Eocene distal-disseminated system. Mineralization is largely structurally controlled along the N-S striking Powerline fault. Additionally, mineralization is located between the Roberts Mountain and Golconda thrusts in siliciclastic rocks of the Ordovician Valmy Formation and in the Pennsylvanian-Permian Battle Mountain and Edna Mountain Formations, and above the Golconda thrust in siliciclastic and carbonate rocks of the Mississippian to Permian Havallah sequence. Mineralization is also hosted by Eocene rhyolitic dikes, although no large intrusive body has been delineated. The gold is associated with sericitic and argillic alteration of the siliciclastic rocks and dikes and with decarbonatization and Fe carbonate alteration of the carbonate-bearing units, as well as in Fe-As sulfide and fine grained quartz alteration of all rock types. Oxidation affects 30-45% of the deposit, penetrating into the stratigraphy along numerous steeply dipping north-south, east-west, and north-northeast–south-southwest structures.

Title Address Description
LONE TREE
RQHG+RX Valmy, NV, USA
BUFFALO MOUNTAIN
QP75+WH Valmy, NV, USA

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