Business Context and Reporting Period
Company: I-80 Gold Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: September 21, 2026
Reporting Period: Specific event date (September 21, 2026)
Business Context: The filing discloses two significant operational updates regarding the Company's Nevada gold projects: a positive feasibility study for the Granite Creek Underground project and initial assay results for the Mineral Point Open Pit project.
Key Financial Metrics and Operational Data
Note: This filing is an event report and does not contain audited financial statements, revenue, profit, or cash flow data for a fiscal period.
| Metric / Project | Value / Detail |
|---|---|
| Granite Creek Underground (Feasibility Study) | After-Tax NPV (5%): $118 Million at $2,750/oz Au |
| Granite Creek Underground (Sensitivity) | After-Tax NPV (5%): $598 Million at $4,500/oz Au |
| Mineral Point Open Pit (Assay Results) | 1.33 g/t Au and 39.2 g/t Ag over 225.6 meters |
| Trading Symbols | NYSE American: IAUX, IAUX.WS; TSX: IAU, IAU.WT.U |
Material Changes
The filing reports the following material developments compared to prior public disclosures:
- Granite Creek Underground: Announcement of a positive feasibility study and the establishment of an initial mineral reserve.
- Mineral Point Open Pit: Release of initial assay results, including a step-out hole demonstrating significant gold and silver grades over a substantial interval.
Guidance, Outlook, and Risks
Management Commentary & Outlook:
- The Company highlighted the economic potential of the Granite Creek project, with Net Present Value (NPV) scaling significantly with gold price increases.
- An updated corporate presentation regarding the Granite Creek Underground project was scheduled for posting on the Company's website on September 22, 2026.
Risks and Contingencies:
- The filing explicitly states that the information contained in the press releases (Exhibits 99.1 and 99.2) is furnished and not deemed filed for purposes of Section 18 of the Exchange Act, limiting liability.
- As with all mining projects, feasibility studies and assay results are subject to geological and economic uncertainties, though specific risk factors are not detailed in this 8-K text.
Investor Verification Checklist
- Feasibility Study Details: Verify the full technical report for the Granite Creek Underground project to understand the basis of the $118M and $598M NPV calculations.
- Assay Validation: Review the complete assay data for the Mineral Point step-out hole to confirm the continuity of the 1.33 g/t Au and 39.2 g/t Ag grades.
- Updated Presentation: Access the updated corporate presentation posted on the Company's website (https://www.i80gold.com/granite-creek-underground/) for further operational context.
- Regulatory Status: Confirm the status of the initial mineral reserve classification and any required regulatory approvals for the Granite Creek project.