i-80 Gold Corp. announced the finalization of two third-party processing agreements for toll milling and ore sales of refractory and oxide material. These agreements are critical for the company's operations and will remain in effect through December 31, 2027.
The company is targeting the completion of the anticipated refurbishment of its Lone Tree autoclave facility by December 31, 2027, to enable all material from its underground gold mines to be processed internally. These interim agreements ensure continuous processing capacity during this transition period.
The economic terms of these agreements are reflected in the recently released life of mine cash flows for the Archimedes Underground Project and the Granite Creek Underground Project. Securing these agreements is key to advancing the development of two of i-80 Gold's three underground gold mines over the next several years.
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