MINERAL POINT OPEN PIT
(RUBY HILL COMPLEX)
The 100% owned Ruby Hill Complex is host to a past producing open pit mine and multiple deposits that contain substantial gold and silver resources, and potential for significant base metal mineralization. Processing infrastructure at Ruby Hill includes a gold oxide processing plant, leach pad, and CIC circuit.
The Mineral Point open pit deposit is the largest asset within the Ruby Hill Complex. This deposit has been the focus of multiple drilling campaigns and is the largest unmined, bulk mineable precious metal resource in the northern Nevada. The majority of the mineralization is oxidized, making it amenable to heap leach processing. Mineral Point is located to the west of the Archimedes Underground, stretching along a major anticlinal structure. The mineralized body extends for over 10,000 feet in length and remains open at depth.
An internal scoping study is underway to evaluate the potential for a bulk-tonnage, open pit operation with heap leach and CIL processing. A PEA is expected to be released in Q1 of 2025.
QUICK FACTS
OWNERSHIP
100% i-80 Gold Corp
LOCATION
Battle Mountain Trend – Northern Nevada
STATUS
Advanced exploration, permitting
Active heap leach pad (i-80 envisions a new heap leach pad will be built for Mineral Point)
INDICATED MINERAL RESOURCES
216,982 kt @ 0.48 g/t Au for 3,376 koz and 15.0 g/t Ag for 104,332 koz
INFERRED MINERAL RESOURCES
194,442 kt @ 0.34 g/t Au for 2,117 koz and 14.6 g/t Ag for 91,473 koz
TECHNICAL REPORTS
NI 43-101 Technical Report Preliminary Economic Assessment of the i-80 Gold Corp. Ruby Hill Project, Eureka County NV(March 2025) GEOLOGY
The Mineral Point deposit is the largest precious metal Mineral Resource in the i-80 portfolio. It consists of gold and silver mineralization hosted by the Cambrian Hamburg dolomite in the nose of a broad anticline that plunges gently to the north-northwest and is bound to the east by the Holly Fault and to the west by the Spring Valley Fault. The Mineral Point deposit is 10,000 ft long, 2,400 ft wide and up to 500 ft thick. The top of the Mineral Point deposit is near surface at its south end and 500 ft below surface at its north end.
| Title | Address | Description |
|---|---|---|
RUBY HILL | GXRW+6M Eureka, NV, USA |
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