Best Results To-date From Underground Drilling At Cove

RENO, NV - i-80 Gold Corp reported positive results from two additional underground drill holes at the McCoy-Cove Property (Cove) located in Lander County, Nevada. The new results include the best intercepts to date and continue to demonstrate continuity of high-grade mineralization in the CSD/Gap Zone. The ongoing program, expected to consist of approximately 40,000 metres of drilling, is being completed on 30 metre spacing in advance of an updated resource estimate and economic study related to the construction of mining operation at McCoy-Cove. This program is focused on the CSD/Gap and Helen Zone portions (Figures 1 & 2) of the deposit  which also includes mineralization below the pit in the Cove South Deep and 2201 deposits that are not being drilled as part of this program.

"Grades and widths continue to meet or exceed expectations and are consistently at or above the current resource grade.", stated Tyler Hill, Chief Geologist. "With the Phase 1 underground decline nearing completion, the focus will shift entirely to the drill program, permitting and final mine approvals."

Cove is one of three projects currently being advanced to realize the Company's goal of becoming the second largest gold producer in Nevada. In addition to the underground drill program, the exploration and development program will also include the completion of the first phase of the underground decline and drift, and detailed hydrological and metallurgical test work in advance of completing a Feasibility Study following the underground definition drill program.