i-80 Gold Corp. Secures Permits and Begins Underground Development at Archimedes Project in Nevada

Reuters
2025/09/05
i-80 <a href="https://laohu8.com/S/GDCWF">Gold Corp.</a> Secures Permits and Begins Underground Development at Archimedes Project in Nevada

i-80 Gold Corp. has announced the commencement of construction at its Archimedes project in Nevada, following the receipt of necessary environmental permits. The project, located on the Ruby Hill property, marks the company's second planned underground mine and is expected to contribute to production by the fourth quarter of 2026. The company aims to significantly increase its annual gold output to a range of 150,000 to 200,000 ounces by 2028 as part of its growth strategy. Current efforts focus on resource drilling, permitting, and metallurgical testing, with a feasibility study anticipated by the first quarter of 2027. The exploration potential at Archimedes is promising, with the lower zone remaining open to the north and south, potentially extending the mine's 10-year life.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. I-80 Gold Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: TO66428) on September 05, 2025, and is solely responsible for the information contained therein.

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