Project 43 statements
The deposit 20
Key takeaway. Management describes i-80 Gold's deposits as four past-producing properties previously owned by Barrick and Newmont, hosting both oxide and refractory material.
Read the full summary
The company reports a measured and indicated resource of 6.5 million ounces of gold plus 7.5 million ounces inferred, alongside about 200 million ounces of silver across the projects. The CEO said the Mineral Point project is the company's "largest and most valuable" asset and "might be worth half the value of the company."
What was actually said
deposit type
Four past-producing operations previously owned by Barrick and Newmont
“We have four past-producing operations that were owned by Barrick and Newmont that we acquired at lower gold prices”
Richard Young·
16 Jul 2026·
exploration upside
Mineral Point is our largest and most valuable project
“which will allow us to bring Mineral Point, which is our largest and most valuable project, into phase two.”
Richard Young·
16 Jul 2026·
resource size
200 million ounces of silver between four projects
“we've got 6.5 million oz of measured and indicated gold resources, 7.5 million oz of inferred and 200 million ounces of silver. So, between the four projects.”
Richard Young·
16 Jul 2026·
Show the other 17 statements
resource size
6.5 million oz measured and indicated gold resources, 7.5 million oz inferred
“we've got 6.5 million oz of measured and indicated gold resources, 7.5 million oz of inferred and 200 million ounces of silver.”
Richard Young·
16 Jul 2026·
deposit type
refractory
“I believe all of it's refractory, right? >> That's right.”
Richard Young·
15 Jul 2026·
deposit type
oxide material
“this is a 300,000 oz deposit open pit heap leach oxide material”
Richard Young·
15 Jul 2026·
resource size
300,000 oz a year output
“phase three which is Mineral Point which is a big big big heap leach operation, 300,000 oz a year output.”
Richard Young·
15 Jul 2026·
resource size
3 million oz of resources
“including the Lone Tree open pit with 3 million oz of resources and the McCoy open pit”
Richard Young·
15 Jul 2026·
resource size
about 600,000 oz of M&I
“Our resource there is about 600,000 oz of M&I and we're in the same system.”
Richard Young·
15 Jul 2026·
exploration upside
Mineral Point most valuable asset, might be worth half the value of the company
“Mineral Point, which is our most valuable asset in the portfolio. It might be worth half the value of the company.”
Richard Young·
10 Jul 2026·
resource size
fourth largest resource base in the state
“We've got the fourth largest resource base in the state behind Nevada Gold Mines, Barrick, and Anglo.”
Richard Young·
10 Jul 2026·
deposit type
Four past producing gold properties, oxide and refractory material
“We have four past producing gold properties that were previously owned by Barrick and Newmont and as most of your listeners know those two companies went through a number of acquisitions and ultimately shed assets and we're fortunate to pick up these four assets”
Richard Young·
21 May 2026·
resource size
14 million ounces of gold split equally between measured and indicated and inferred
“So it's an incredible asset base, in an incredible jurisdiction, and we're in the process of, you know, re-launching these assets. We're going to move from 50,000 oz of annual production this year to more than 600,000 oz when we complete the three phases of development over the next five or six years.”
Richard Young·
21 May 2026·
resource size
200 million ounces of silver equally split between measured and indicated and inferred
“And so today we've got 14 million ounces of gold split equally between measured and indicated and inferred and 200 million ounces of silver equally split between measured and indicated and inferred.”
Richard Young·
21 May 2026·
exploration upside
50 million in budget for 2026 for resource expansion and infill drill program at Mineral Point
“we actually have $50 million in the budget for a uh resource expansion and infill drill program as part of a prefeases engineering work as well as initial permitting”
Richard Young·
16 Feb 2026·
resource size
14 million ounces of gold in measured, indicated, and inferred over 200 million ounces of silver
“we've got 14 million ounces of gold in measured, indicated, and inferred and over 200 million ounces of silver.”
Richard Young·
18 Dec 2025·
exploration upside
600,000 ounces plus a year in production by the early 2030s
“you plan to drill the hell out of everything in between. all with the goal of hitting 600,000 ounces plus a year in production by the early 2030s.”
Richard Young·
08 Dec 2025·
deposit type
both refractory and oxide deposits; three underground projects with refractory deposits; oxide projects
“So we have both refractory and oxide deposits and for the group our refractory deposits are our three underground projects.”
Richard Young·
11 Jul 2025·
exploration upside
all deposits are open; infill drill programs expected to increase NAVs by a third
“all of these deposits are open and with the infill drill programs that we'll be doing to move them from a PA which is sort of climary economic assessment to a bankable feasibility study we would expect the NAVs to increase by a third”
Richard Young·
11 Jul 2025·
resource size
between 600,000 and 700,000 ounces
“we're going to create a midyear gold producer over the next 6 or 7 years that will take production from under 50,000 ounces this year to between 6 and 700,000 ounces”
Richard Young·
11 Jul 2025·
Jurisdiction 8
Key takeaway. Management says i-80 Gold's projects are located in Nevada, United States, a jurisdiction the company describes as having a pro-business, pro-mining US administration that may create an opportunity to accelerate development at Mineral…
Read the full summary
Point. The company reports that phase one of the project is fully permitted (as of July 2026), though it also notes the project has already been permitted and is currently in the process of re-permitting (as of May 2026). Management characterizes the assets as brownfields historic mines (January 2026), which the company has previously referenced in relation to its permitting status.
What was actually said
country
Nevada, United States
“we're located on one of the two gold belts. We have four past-producing operations that were owned by Barrick and Newmont that we acquired at lower gold prices, uh conducted some exploration programs”
Richard Young·
16 Jul 2026·
permit status
phase one is fully permitted
“Obviously phase one is fully permitted.”
Richard Young·
15 Jul 2026·
permit status
may be opportunity to accelerate Mineral Point development with pro-business, pro-mining US administration
“With the US administration being pro-business, pro-mining, there may be an opportunity to accelerate that development.”
Richard Young·
10 Jul 2026·
Show the other 5 statements
permit status
Already been permitted and in the process of re-permitting
“They've already been permitted. We're just asking to you know the federal and state governments to re-permit what they've already done.”
Richard Young·
21 May 2026·
region
Nevada
“So, I started my career at Barrick Gold. Um I was hired in late 1990. So, I was part of the group that built out Goldstrike in Nevada.”
Richard Young·
21 May 2026·
permit status
brownfields historic mines
“They're all brownfields and what that means is they're historic mines that have been in operation”
Richard Young·
16 Jan 2026·
region
Nevada
“And all that production is coming from Nevada at very attractive cost”
Richard Young·
16 Jan 2026·
country
Nevada
“we're Nevadaab based. We're going to create a midyear gold producer over the next 6 or 7 years”
Richard Young·
11 Jul 2025·
Technical risk 15
Key takeaway. Management states it sees no major technical risks in its execution plan, describing execution risk as significantly lower than greenfield projects because its five gold projects are all brownfields, historic mines with low permitting risk…
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(Jul 2025, Jul 2026). The company is refurbishing an autoclave facility at the former Lone Tree plant to process refractory materials, with an expected payback of less than two years given 20 years of throughput and a 40-year facility life (May 2026, Jul 2026). One acknowledged challenge: grades at a couple of underground deposits were mis-modeled and will be a little bit lower than modeled, though management now believes two underground mines can fill the mill for at least the next decade (Jul 2026).
What was actually said
key assumption
With couple of underground deposits, grades were mis-modeled and will be a little bit lower than modeled
“with a couple of our underground, the grade was mis-modeled. So, the grades are going to be a little bit lower.”
Richard Young·
16 Jul 2026·
metallurgy
Autoclave facility for processing refractory materials; refurbishing Lone Tree plant from Newmont
“We're also refurbishing our Lone Tree plant that we picked up from Newmont. We're one of two companies with an autoclave.”
Richard Young·
16 Jul 2026·
stated risk
No major technical risks seen in execution plan; we don't see a lot of risk in the execution plan
“We don't see a lot of risk in the execution plan. We're moving the five PAs to fuses.”
Richard Young·
16 Jul 2026·
Show the other 12 statements
stated risk
execution risk is significantly lower than greenfield projects
“execution risk for us is significantly lower than it would be for normal construction build of a greenfields project.”
Richard Young·
15 Jul 2026·
key assumption
three underground mines needed to fill mill, but now confident two can fill mill for at least next decade
“The view internally was we needed all three projects in production to be able to fill our mill. With the drill programs at Granite Creek and Archimedes, we're confident that we're going to be able to fill the mill now for at least the next decade, maybe longer.”
Richard Young·
10 Jul 2026·
key assumption
Autoclave payback is less than 2 years with 20 years of throughput and 40-year facility life
“So the the payback is less than 2 years on what ultimately will be probably 20 years of throughput through the facility, but a 40-year life.”
Richard Young·
21 May 2026·
key assumption
Autoclave refurbishment will cost over 400 million and is worth about 1.5 billion dollars on its own
“Once we refurbish our autoclave, it's going to cost over 400 million. That autoclave's probably worth a billion and a half dollars on its own.”
Richard Young·
21 May 2026·
metallurgy
Autoclave and roaster technology for refractory material processing
“For refractory material, you have to cook that ore what nature did over billions of years, you can either autoclave it or roast it.”
Richard Young·
21 May 2026·
key assumption
stockpiling material in 2027 by stopping toll milling deliveries to refurbish own process facility will save 1000 to 1500 per ounce
“there's likely going to be a point in 2027 as we're completing the refurbishment of our own process facility where we will actually stop delivering material under the toll milling agreement stockpile that put that through our own facility which will save us between $1,000 and $1,500 per.”
Richard Young·
16 Feb 2026·
key assumption
1000 to 1500 per ounce savings from toll milling charge once own Lone Tree facility operational in 2027
“we're losing between $1,000 and $1,500 an ounce through the toll milling charge”
Richard Young·
16 Feb 2026·
key assumption
additional costs at Granite Creek related to water
“there will be additional costs at Granite Creek related to that”
Richard Young·
16 Jan 2026·
key assumption
hydrogeeologic model was complete at the end of the first quarter
“the hydro geologic model was complete at the end of the first quarter.”
Richard Young·
18 Dec 2025·
stated risk
about 20% of Cove material gets slightly better recovery rates through a roaster, agreement in place with Nevada Gold Mines to roast that material
“So about 20% of Cove you get slightly better recovery rates through a roaster and we have an agreement in place with Nevada Gold Mines to uh roast that material”
Richard Young·
08 Dec 2025·
key assumption
five gold projects all brownfields projects, historic mines, low permitting risk
“they're all brownfields projects. And what brownfields means is they're historic mines that were essentially restarting. So we've got to repermit them. But the permitting risk is low”
Richard Young·
11 Jul 2025·
stated risk
autoclave refurbishment; processing refractory material
“We are one of two companies with autoclaves in the state. We currently are doing a feasibility study to refurbish our autoclave.”
Richard Young·
11 Jul 2025·
Economics 60 statements
Economics 25
Key takeaway. Management has provided project economics that have evolved as gold prices and development plans have shifted.
Read the full summary
As of July 2026, the company reports a net asset value of $5 billion using a $3,000 gold price assumption, and notes this would roughly double at prevailing spot gold prices. Key costs cited include operating costs of roughly $1,500 to $2,000 per ounce for about 200,000 ounces annually through the autoclave facility for the next 15 to 20 years, all-in sustaining costs between $1,000 and $1,400 per ounce, and capital expenditures of $400 million plus. However, earlier statements from May 2026 reference about $2 billion of capital over three phases (half for a Mineral Point operation with a 20-plus-year mine life at roughly 300,000 ounces of gold equivalent production), and a January 2026 NPV of about $5 billion US, while December 2025 cites $400 million for autoclave refurbishment and $50 million for a second underground mine. The various figures reflect differing project scopes, phases, and dates of commentary.
What was actually said
npv
NAV of 5 billion at $3,000 gold; roughly double at today's gold prices
“We laid out in the PAs a NAV of 5 billion at $3,000 gold. So, at today's gold prices, it's roughly double that.”
Richard Young·
16 Jul 2026·
operating cost
roughly about 200,000 oz through autoclave facility at between 1,500 to $2,000 an oz for probably next 15 or 20 years
“we'll produce roughly about 200,000 oz through that facility being fed by two underground today and ultimately a third at ASIC at somewhere between 1,500 to $2,000 an oz for probably next 15 or 20 years.”
Richard Young·
16 Jul 2026·
price assumption
$3,000 gold used for NAV calculation in PAs
“We laid out in the PAs a NAV of 5 billion at $3,000 gold.”
Richard Young·
16 Jul 2026·
Show the other 22 statements
aisc
under $2,000 an ounce
“With the commissioning of our Lone Tree facility, we would expect our ASIC to drop under $2,000 an ounce.”
Richard Young·
15 Jul 2026·
aisc
between three and $4,000
“our ASIC today, because those assets are ramping up and the toll milling that's costing us roughly about $1,500 an ounce, is between three and $4,000.”
Richard Young·
15 Jul 2026·
aisc
somewhere between a thousand and $1,400
“it's possible, depending on silver prices, inclusive of the royalty, that we're somewhere between a thousand and $1,400”
Richard Young·
15 Jul 2026·
aisc
$1,400 an ounce
“the PA um ASIC was $1,400 an ounce, but we use 2725 silver, and there's a big silver component to it.”
Richard Young·
15 Jul 2026·
capex
$400 million plus
“we've got to refurbish our Lone Tree plant. So, we're one of two companies with a permitted autoclave, the other being Nevada Gold Mines. And we have started that refurbishment. It's a $400 million plus refurbishment”
Richard Young·
15 Jul 2026·
capex
roughly a billion dollars, a little bit less than that
“So, the CAPEX is roughly a billion dollars, a little bit less than that.”
Richard Young·
15 Jul 2026·
operating cost
roughly about $1,500 an ounce
“the toll milling that's costing us roughly about $1,500 an ounce”
Richard Young·
15 Jul 2026·
price assumption
2725 silver
“the PA um ASIC was $1,400 an ounce, but we use 2725 silver, and there's a big silver component to it.”
Richard Young·
15 Jul 2026·
capex
Half of that is for Mineral Point, which is a 20-plus-year mine life at roughly 300,000 oz of gold equivalent production
“Half of that is for Mineral Point, which is really akin to a round mountain, which will be a 20-plus-year mine life at roughly 300,000 oz of gold equivalent production.”
Richard Young·
21 May 2026·
capex
about $2 billion of capital over the three phases
“So, over the three phases, we got about $2 billion of capital we put in.”
Richard Young·
21 May 2026·
npv
about $10 billion after tax
“Just based on the original PEAs we put out a year ago, at current metal prices, the NAV's about $10 billion after tax.”
Richard Young·
21 May 2026·
operating cost
save about 1,000 to 1,500 dollars an ounce in margin once autoclave refurbishment is complete
“Once the refurbishment of our autoclave is complete, we're going to save about 1,000 to 1,500 dollars an ounce in margin that currently go up to the third-party toll miller.”
Richard Young·
21 May 2026·
ebitda
between two and $400 million
“we would generate IBIDA between two and $400 million depending on the price of gold”
Richard Young·
16 Jan 2026·
npv
about $5 billion US
“So $3,000 gold was about $5 billion US”
Richard Young·
16 Jan 2026·
npv
probably somewhere between 8 and 10
“And at these prices, the number is probably somewhere between 8 and 10”
Richard Young·
16 Jan 2026·
price assumption
$3,000 gold
“And that was a $3,000 goal. And just maybe to remind you, the NAV of the five gold projects”
Richard Young·
16 Jan 2026·
npv
$5 billion
“Our NAV based on the PAS at $3,000 gold was $5 billion.”
Richard Young·
18 Dec 2025·
capex
about $400 million for refurbishment of autoclave
“we're going to refurbish our autoclave, which is going to be about $400 million. That's the biggest expenditure we see through the balance of the decade”
Richard Young·
08 Dec 2025·
capex
50 million for construction of second underground mine
“I started construction of our second underground mine, and the capital required to build that is only 50 million.”
Richard Young·
08 Dec 2025·
price assumption
2 to 400 million of EBID per year from phase one at 200,000 ounces per year depending on gold prices
“And depending on gold prices, that's 2 to 400 million of EBID per year just from phase one.”
Richard Young·
08 Dec 2025·
npv
NAV of five assets $4.5 billion at $2,900 gold; expected to increase to roughly $6 billion
“The NAV of the five assets at $2,900 goal was $4.5 billion. And what we indicate at the time was that all of these deposits are open and with the infill drill programs that we'll be doing to move them from a PA which is sort of climary economic assessment to a bankable feasibility study we would expect the NAVs to increase by a third taking us to roughly about $6 billion US.”
Richard Young·
11 Jul 2025·
price assumption
$2,900 gold
“The NAV of the five assets at $2,900 goal was $4.5 billion.”
Richard Young·
11 Jul 2025·
Financing 35
Key takeaway. Management states the company is now fully recapitalized and funded for its three-phase plan without needing further equity dilution (Jul 2026).
Read the full summary
The financing package includes about $800 million US in debt facilities and royalties closed in Q1 2025, with roughly $300 million US in equity raised through 2024 (Jul 2026). Specific sources cited are a $250 million prepayment facility with National Bank ($150 million drawn), a $250 million royalty agreement with Franco-Nevada, and $288 million in senior notes (Jul 2026). The CEO noted that terminating the Vox Royalty off-take cost $4.8 million in equity but will generate an additional $10 to $20 million in cash over the next two years (Jul 2026).
What was actually said
capital needed
about 300 US of equity raised through 2024, about 800 million US in debt facilities/royalties in Q1 2025
“we had just finished raising about 300 US of equity, but we still had a long way to go. So, in the first quarter of this year, we announced and closed essentially three different debt facilities or royalties for about 800 million US to complete the recap.”
Richard Young·
16 Jul 2026·
financing status
Fully recapitalized; will not require any further equity dilution to execute three-phase plan
“So, uh we are fully recapitalized. We will not require any further equity dilution to be able to execute on this three-phase plan”
Richard Young·
16 Jul 2026·
capital needed
50 million dollars this year
“We've allocated 50 million dollars this year for an infill and step out program, as well as engineering, initial permitting”
Richard Young·
15 Jul 2026·
Show the other 32 statements
cash position
$200 million of debt
“We had $200 million of debt on the balance sheet that was coming due over the next 24 months”
Richard Young·
15 Jul 2026·
financing status
fully funded
“we completed the recap of the balance sheet in the first quarter of this year. So, now we're fully funded to execute on that three-phase development plan”
Richard Young·
15 Jul 2026·
capital needed
$288 million for senior notes
“$250 million from a royalty agreement with Franco-Nevada, $288 million for senior notes, and $250 million from a prepayment facility with National Bank.”
Richard Young·
10 Jul 2026·
capital needed
$250 million from royalty agreement with Franco-Nevada
“$250 million from a royalty agreement with Franco-Nevada, $288 million for senior notes, and $250 million from a prepayment facility with National Bank.”
Richard Young·
10 Jul 2026·
capital needed
drawn down 150 of the 250 prepay
“We've drawn down 150 of the 250.”
Richard Young·
10 Jul 2026·
capital needed
$250 million from a prepayment facility with National Bank
“$250 million from a royalty agreement with Franco-Nevada, $288 million for senior notes, and $250 million from a prepayment facility with National Bank.”
Richard Young·
10 Jul 2026·
cash position
additional 10 to 20 million in cash from terminating Vox Royalty off-take over next 2 years
“It probably will net us about an additional 10 to 20 million in cash on the balance sheet over which we would have had with that in place.”
Richard Young·
10 Jul 2026·
dilution
cost $4.8 million in equity to terminate Vox Royalty off-take
“And it cost us about $4.8 million in in equity.”
Richard Young·
10 Jul 2026·
financing status
fully funded to execute on the strategy
“Yes, we are. Including uh swapping phase two and phase three.”
Richard Young·
10 Jul 2026·
capital needed
We don't need to issue any further equity
“We don't need to issue any further equity.”
Richard Young·
21 May 2026·
cash position
fully funded
“So, when we look at the company today, um we've just completed the recap, so we're fully funded.”
Richard Young·
21 May 2026·
shares outstanding
about 1.2 billion shares outstanding
“We have about 1.2 billion shares outstanding, which puts our market cap at I'm not sure where we're trading today, call it 1.8”
Richard Young·
21 May 2026·
capital needed
another 100 to 200 to complete the recap
“We still we still need another 100 to 200 to complete the recap”
Richard Young·
16 Feb 2026·
capital needed
half a billion dollars US
“We've raised half a billion dollars US.”
Richard Young·
16 Feb 2026·
cash position
pre-sold about 40,000 ounces, roughly 10% of production over 30-month period at average price of about 3750 net
“we've pre-sold about 40,000 ounces, which is roughly 10% of our production over that 30-month period that will make those deliveries. And the average price we're getting is about 3750 in net.”
Richard Young·
16 Feb 2026·
cash position
at $3,600 gold, fully funded for phase one and two, actually fully funded for all three phases
“at $3,600 gold. We're fully funded. We say publicly phase one and two, but we're actually fully funded for all three phases.”
Richard Young·
16 Feb 2026·
dilution
non-dilutive financing
“non-dilutary uh race and that money was available”
Richard Young·
16 Feb 2026·
financing status
250 million from Franco Nevada as 1.5% royalty on portfolio through next decade, stepping to 3% in 2031; 250 million from National Bank and McCory Banks as prepaid facility with 150 million drawn on closing
“Half that coming from Franco Nevada. The other half coming from National Bank and McCory Banks. So 500 250 from each from Franco. It's in the form of a royalty. So it's a 1.5% royalty on our portfolio through the next decade. Then it steps up to 3% in 2031”
Richard Young·
16 Feb 2026·
capital needed
$400 million plus capital spares brings it to about 430
“the refurbishment. It's a little over $400 million plus capital spares brings it to about 430”
Richard Young·
16 Jan 2026·
capital needed
900 to a billion
“Overall we're looking to raise 900 to a billion”
Richard Young·
16 Jan 2026·
capital needed
between 8 and 850 to execute on this development plan through phase one and two
“We think that we need between 8 and 850 to execute on this development plan through phase one and two”
Richard Young·
16 Jan 2026·
capital raised
about 300 million US
“in Q2 we raised including the warrants about 300 million US”
Richard Young·
16 Jan 2026·
cash position
$200 million of existing debt outstanding
“We have $200 million of existing debt outstanding that we need to restructure”
Richard Young·
16 Jan 2026·
capital needed
royalty sale of roughly 2 to 250, a senior debt facility of 350 to 400 million, and a non-core asset sale of at least 50 million
“we're looking at a royalty sale of roughly 2 to 250, a senior debt facility of 350 to 400 million, and then we've got a non-core asset sale of at least 50 million”
Richard Young·
08 Dec 2025·
capital needed
200 to take out and restructure the existing debt on the balance sheet, 400 for the refurbishment of the autoclave
“200 to take out and restructure the existing debt on the balance sheet, 400 for the refurbishment of the autoclave”
Richard Young·
08 Dec 2025·
capital needed
300 million from equity raise in the second quarter, which was a unit with a half warrant
“So, we had an equity raise in the second quarter. It was a unit with a half warrant. Including that, that's about 300 million.”
Richard Young·
08 Dec 2025·
capital needed
about $800 million to be able to execute on phase one and phase two
“we require about $800 million to be able to execute on that. 200 to take out and restructure the existing debt”
Richard Young·
08 Dec 2025·
financing status
received six term sheets for the senior debt facility
“we've received uh six term sheets for the the senior debt facility, whereas 6 months ago, it was a challenge to get anyone to talk to us.”
Richard Young·
08 Dec 2025·
financing status
expected to have recapitalization completed in the first part of next year
“we're moving through recapitalization and we're moving forward with a number of different counterparties. would expect to have that completed in the first part of next year.”
Richard Young·
08 Dec 2025·
capital needed
about $800 million
“to get us through to the end of the decade and producing 350 to 400,000 ounces of gold per year, we need about $800 million.”
Richard Young·
11 Jul 2025·
cash position
$173 million raised
“You guys just raised $173 million, which is a uh pretty uh substantial uh financing.”
Richard Young·
11 Jul 2025·
dilution
a half warrant with the equity raise; warrants outstanding at a billion 50 assuming conversion
“this equity raise also comes with a half warrant. So between that 173 plus the half warmth, that's about 300 million of the 800”
Richard Young·
11 Jul 2025·
Timeline 59 statements
Timeline 53
Key takeaway. In interviews from May and July 2026, i-80 Gold management described a multi-phase development plan.
Read the full summary
The company reported it is moving from 50,000 oz of production this year to about 200,000 oz in phase one (by the beginning of 2028, per July comments), then to 400,000–500,000 oz by 2030, and ultimately over 600,000 oz early in the 2030s — with the July interview specifying "over 600,000 oz in 2032." Management said feasibility or pre-feasibility studies on all five projects would begin that quarter and over the next three quarters, and that the Lone Tree plant refurbishment would be done by the end of 2027. The company also noted a decision on potentially flipping the development phases to bring Mineral Point forward would come within three to six months, with an update expected in the second half of the year.
What was actually said
first production
50,000 oz this year to more than 600,000 oz early in the 2030s
“that will see production rise from 50,000 oz this year to more than 600,000 oz early in the 2030s.”
Richard Young·
16 Jul 2026·
milestone
Three-phase development plan announced November 2024
“We announced a three-phase development plan in November of '24, but it required a lot of capital.”
Richard Young·
16 Jul 2026·
milestone
Feasibility studies or pre-feas on all five projects beginning this quarter and over the next three quarters
“we'll have feasibility studies or pre-feas on all five projects beginning this quarter and over the next three quarters.”
Richard Young·
16 Jul 2026·
Show the other 50 statements
milestone
Decision on flipping phase two and three within next three to six months to bring Mineral Point into phase two
“we hope to be able to do that. And we'll we'll determine that over the course of the next three to six months.”
Richard Young·
16 Jul 2026·
first production
50,000 oz this year
“that will take production from 50,000 oz this year to more than 600,000 oz when we complete phase three.”
Richard Young·
15 Jul 2026·
milestone
200,000 oz by the beginning of 2028
“we expect to be at that 200,000 oz mark by the beginning of 2028.”
Richard Young·
15 Jul 2026·
milestone
Lone Tree plant refurbishment done by the end of 2027
“a $400 million plus refurbishment that will be done by the end of 2027”
Richard Young·
15 Jul 2026·
milestone
17-year mine life potential
“I think you mentioned before when we were chatting 17-year mine life potential to extend that as well.”
Richard Young·
15 Jul 2026·
milestone
500,000 oz of production by 2030
“switch phase three with phase two which could bring you up to about 500,000 oz of production by 2030.”
Richard Young·
15 Jul 2026·
milestone
convert maturity April 15th of 2031
“The convert is a 5-year maturity April 15th of 2031.”
Richard Young·
10 Jul 2026·
milestone
start making prepay deliveries in first quarter of 2028
“We'll start making those deliveries in the first quarter of '28 uh over 10 quarters through the mid-2030.”
Richard Young·
10 Jul 2026·
milestone
200,000 oz in 2028
“And we've got a three-phase growth plan to take us from 50,000 oz this year to 200,000 oz in 2028.”
Richard Young·
10 Jul 2026·
milestone
over 600,000 oz in 2032
“Thought 400,000 oz in 2030 and then over 600,000 oz in 2032.”
Richard Young·
10 Jul 2026·
milestone
Cole development pushed out as drill results from Granite Creek and Archimedes have come in
“part of what's happening is we've got to reschedule the development of Cole, pushing that out. That's delayed it as the drill results from the other two projects have come in.”
Richard Young·
10 Jul 2026·
milestone
400,000 oz in 2030
“Thought 400,000 oz in 2030 and then over 600,000 oz in 2032.”
Richard Young·
10 Jul 2026·
milestone
Granite Creek study largely done, should have it out shortly
“It's largely done. And we should have it out shortly.”
Richard Young·
10 Jul 2026·
milestone
50,000 oz this year
“we're a Nevada focused gold producer. The name I-80 came from Interstate Haiti Interstate 80, sorry. That crosses northern Nevada. And uh, you know, two of the biggest and most prolific gold trends are in Nevada that Barrick and Newmont built themselves on. We have four past producing operations that we acquired from Barrick and Newmont. And we've got the fourth largest resource base in the state behind Nevada Gold Mines, Barrick, and Anglo. And we've got a three-phase growth plan to take us from 50,000 oz this year to 200,000 oz in 2028.”
Richard Young·
10 Jul 2026·
milestone
should learn in second half of year if can accelerate Mineral Point
“We should here in the second half of the year whether we can do that.”
Richard Young·
10 Jul 2026·
milestone
Franco royalty steps up from 1.5 to 3 in 2031
“And then we've got the royalty with Franco that steps up the 1 and 1/2 to 3 in 2031.”
Richard Young·
10 Jul 2026·
study due
five feasibility studies to be published
“we'll publish the five feasibility studies that overall will confirm the tremendous value that was included in the PAs.”
Richard Young·
10 Jul 2026·
first production
move from 50,000 oz of annual production this year to more than 600,000 oz when we complete the three phases of development over the next five or six years
“We're going to move from 50,000 oz of annual production this year to more than 600,000 oz when we complete the three phases of development over the next five or six years.”
Richard Young·
21 May 2026·
milestone
Phase one of development plan will take production from 50,000 oz per year to about 200,000 oz
“As we complete next year, we'll have completed phase one of our development plan that will take production from 50,000 oz per year to about 200,000 oz.”
Richard Young·
21 May 2026·
milestone
Accelerate Mineral Point to move to half a million ounces as we approach the end of the decade
“And that could be reckon I think a key catalyst if we can commence permitting and ultimately construction over the next few years to move to half a million ounces um as we approach the end of the decade.”
Richard Young·
21 May 2026·
milestone
Complete three feasibility studies for all three underground projects and pre-feasibilities for two oxide open pit projects over the next 12 months
“Over the course of the next year, we're going to complete three feasibility studies for all three of our underground projects, as well as pre-feasibilities for the two oxide open pit projects over the next 12 months.”
Richard Young·
21 May 2026·
milestone
Autoclave refurbishment will be complete in Q4 of next year
“It'll be complete in Q4 of next year.”
Richard Young·
21 May 2026·
first production
pouring gold from refurbished Lone Tree facility by end of 2027
“we expect to have that completed and be pouring gold from that facility by the end of 2027”
Richard Young·
16 Feb 2026·
milestone
financing completed by end of first quarter
“will be completed by the end of the first quarter”
Richard Young·
16 Feb 2026·
milestone
phase for third underground mine announced in early 27
“We are currently drilling and completing a phase for the third underground mummy and that will be announced in early 27.”
Richard Young·
16 Feb 2026·
milestone
feasibility studies for Granite Creek and Archimedes with Archimedes study coming out in first part of 27
“Archimedes in preparation of the feasibility study that will come out in the first part of 27”
Richard Young·
16 Feb 2026·
milestone
prefeasibility study for Mineral Point in first half of 27, full feasibility study proceeding through 27
“we'll have a prefeases in the first half of 27 that will then roll into a full fees as we proceed through 27”
Richard Young·
16 Feb 2026·
milestone
technical study for refurbishment of Lone Tree plant completed in 2025
“delivered PAS for the five goal projects in the development plan as well as the technical study for the refurbishment of the loan tree plan”
Richard Young·
16 Feb 2026·
milestone
feasibility studies for two of three underground mines published in 2026
“We'll be uh publishing feasibility studies for two of our three underground mines.”
Richard Young·
16 Feb 2026·
first production
over 600,000 ounces within the next 6 years
“production rise from less than 50,000 ounces per year this year to over 600,000 ounces within the next 6 years”
Richard Young·
16 Jan 2026·
milestone
delivered five PAS in Q1
“So we delivered those five PAS. And as part of that development plan”
Richard Young·
16 Jan 2026·
milestone
refurbishment on track for completion by the end of 27
“That refurbishment is on track for completion by the end of 27”
Richard Young·
16 Jan 2026·
milestone
started construction in Q3 of second underground mine
“We've started construction in Q3 of our second underground mine and that is proceeding well”
Richard Young·
16 Jan 2026·
milestone
25 million covers through end of first quarter
“So, that amount 25 million covers us through the end of the first quarter”
Richard Young·
16 Jan 2026·
milestone
production to about 200,000 ounces per year moving into 2028
“That refurbishment is on track for completion by the end of 27. That would then take production to about 200,000 ounces per year moving into 28”
Richard Young·
16 Jan 2026·
milestone
production grow from less than 50,000 ounces to plus 600,000 ounces over the next five or six years
“Over the next five or six years, we expect to see production grow from less than 50,000 ounces to plus 600,000 ounces.”
Richard Young·
18 Dec 2025·
milestone
200,000 ounces in 28, roughly 400,000 ounces by the end of 29 and then over 600,000 ounces by early 2030s
“we've got a three-phase development plan that will take production from less than 50,000 ounces per year this year to 200,000 ounces in 28, roughly 400,000 ounces by the end of 29 and then over 600,000 ounces by early 2030s.”
Richard Young·
18 Dec 2025·
milestone
feasibility study for Granite Creek out at the end of the first quarter
“We'll have a feasibility study for Granite Creek out at the end of the first quarter.”
Richard Young·
18 Dec 2025·
milestone
water treatment facility in place and operating by the end of the first quarter next year
“we'd expect to have that facility in place and operating by the end of the first quarter next year.”
Richard Young·
18 Dec 2025·
construction start
Archimedes underground project construction began early September
“So, we began construction uh early September and we should reach or within about 14 months”
Richard Young·
08 Dec 2025·
first production
about 200,000 ounces of gold per year by the beginning of 28
“That will take us to about 200,000 ounces of gold per year by the beginning of 28.”
Richard Young·
08 Dec 2025·
milestone
Archimedes will reach production within about 14 months, and take through 27 to ramp up to 15 to 1,800 tons per day
“we should reach or within about 14 months, but it will take through 27 to ramp up to 15 to 1,800 tons per day.”
Richard Young·
08 Dec 2025·
milestone
two feasibility studies out in the first quarter for two of our three underground projects
“Uh then we'll have two feasibility studies out in the first quarter for two of our three underground projects.”
Richard Young·
08 Dec 2025·
milestone
Cove completed the infill drill program with material increase in the mineralized envelope
“Cove is the first of the five projects in our development plan that we've completed the infill drill program. And with that infill program, we're seeing a material increase in the mineralized envelope”
Richard Young·
08 Dec 2025·
milestone
Comudes drilling began a month ago in the upper zone, will begin drilling the lower zone in Q2 of next year
“We've begun drilling at our commdes. We began that a month ago uh in the upper zone. We'll begin drilling the lower zone um in Q2 of next year.”
Richard Young·
08 Dec 2025·
milestone
Granite Creek Underground infill drill program underway and seeing material increase in mineralized envelope
“We're currently doing the infill drill program at Granite Creek Underground and we're seeing the same thing.”
Richard Young·
08 Dec 2025·
first production
under 50,000 ounces this year; production to roughly about 200,000 ounces a year by 2028
“will take production from under 50,000 ounces this year to between 6 and 700,000 ounces as the five gold projects within our portfolio are built”
Richard Young·
11 Jul 2025·
milestone
Phase One: ramping up first underground mine; begin construction of second underground mine this quarter; refurbish autoclave later in year to reach 200,000 oz/year by 2028
“The first phase is um ramping up the first underground mine that's currently underway. We're going to be begin construction of a second underground mine this quarter. And then later in the year, we'll begin the refurbishment of the autoclave.”
Richard Young·
11 Jul 2025·
milestone
Phase Three: flagship asset Mineral Point permitted end of decade; construction 2030; production late 31; take production to about 700,000 ounces
“our third phase is our flagship asset that we are targeting to have permitted at the end of the decade and then begin construction 2030 and see production in late 31.”
Richard Young·
11 Jul 2025·
milestone
Phase Two: permit open pit and third underground; permitted in early 28, shovel ready; production by end of decade; double production
“phase two is both permitting an open pit and our first open pit oxide project and a third underground. And with those permitted in early 28, they'll be shovel ready.”
Richard Young·
11 Jul 2025·
Catalysts 6
Key takeaway. Management says i-80 Gold has multiple catalysts ahead.
Read the full summary
A loan tree refurbishment update is expected in December 2025, while the autoclave refurbishment, recapitalization, debt facility and non-core asset sales are targeted for July 2025. The company reports the largest infill and step-out drill program in its history is currently underway (May 2026), and five feasibility or pre-feasibility studies are expected over the next 12 months from July 2026. Management is also looking at ways to optimize and accelerate the Mineral Point project, citing the new business-friendly and mining-friendly administration (May 2026).
What was actually said
upcoming result
five either feasibility or pre-feasibilities coming out in the next 12 months
“So, we've got five either feasibility or pre-feasibilities coming out in the next 12 months.”
Richard Young·
15 Jul 2026·
upcoming decision
Looking at ways to optimize and accelerate Mineral Point with new business-friendly and mining-friendly administration
“We're looking at ways to be able to optimize and accelerate Mineral Point. It was in phase three of our development plan 18 months ago.”
Richard Young·
21 May 2026·
upcoming result
Largest infill and step-out drill program in company history currently underway
“We're currently in the process of our largest infill and step-out drill program in company history.”
Richard Young·
21 May 2026·
Show the other 3 statements
next milestone
loan tree refurbishment update
“over the course of the balance of the year, we will have the uh the loan tree refurbishment update.”
Richard Young·
08 Dec 2025·
upcoming milestone
autoclave refurbishment; recapitalization; debt facility and non-core asset sales in place
“We will be refurbishing the autoclave. We'll have completed the recapitalization and have the debt facility and the noncore asset sales in place.”
Richard Young·
11 Jul 2025·
upcoming result
by end of next year: four feasibility studies done (three goal projects plus autoclave)
“we'll have four feasibility studies done, three gold projects plus the autoclave.”
Richard Young·
11 Jul 2025·
Corporate 17 statements
Management 11
Key takeaway. Management emphasizes its deep roots in the gold industry.
Read the full summary
The CEO began his career at Barrick Gold in the late 1990s, spending nearly a decade and a half there across operations, corporate development and project development, including helping build Goldstrike in Nevada. He later co-founded Teranga Gold with Alan Hill, took it public in 2010, built it into a mid-tier West African producer and sold it to Endeavour in 2021. The company notes this is the fifth consecutive project on which the team has worked with Franco-Nevada, and the third with McCorry. Chief Operating Officer Paul Chowrun, described as a "best mining engineer," also spent a decade and a half at Barrick before joining i-80 Gold several months ago.
What was actually said
prior exit
CEO IPO'd Teranga with Alan Hill; worked with Franco on fifth company in a row
“And then Alan Hill and I IPO Teranga that we built in a mid-tier merge[…]ons, in part because of Franco coming in.”
Richard Young·
16 Jul 2026·
track record
Chief Operating Officer Paul Chowrun described as best mining engineer with decade and a half at Barrick
“our chief operating officer would say, Paul Chowrun, um I've worked with him before. He's the best mining engineer that I've ever worked with, including a decade and a half of Barrick.”
Richard Young·
16 Jul 2026·
track record
CEO started career at Barrick for nearly decade and a half working in operations, corporate development, project development; worked in every group; helped build Goldstrike in Nevada
“I started my career at Barrick. Uh I'm an accountant by training. Barrick had 25 people in the corporate office when I joined. Everybody was married with kids. I put my hand up, and I would joke that in my nearly decade and a half, it was 25 years of service. I worked all the time.”
Richard Young·
16 Jul 2026·
Show the other 8 statements
track record
Worked in Ontario, Mexico and the US at Argonaut
“We also worked in Ontario and Mexico and the US at Argonaut, but you know, I I think the combination of having that Nevada experience from my early career”
Richard Young·
21 May 2026·
track record
Built major gold producer in West Africa and sold it with team from Teranga
“We built the major gold producer in West Africa and sold it. When I say we, a lot of our team is back from those Triang days.”
Richard Young·
21 May 2026·
track record
Started career at Barrick Gold in late 1990, part of group that built out Goldstrike in Nevada
“You know, I started my career at Barrick Gold. Um I was hired in late 1990. So, I was part of the group that built out Goldstrike in Nevada.”
Richard Young·
21 May 2026·
track record
CEO worked at five companies with Franco Nevada at all five; team has worked with Franco for three or four companies; worked with McCory at third company
“I've actually worked at five companies. I've worked with Franco at all five all five companies and so we know them well and uh our team has worked with Franco for three or four companies”
Richard Young·
16 Feb 2026·
track record
started career at Barrick when it had 25 employees, worked at Barrick for nearly a decade and a half globally, founded Tanga Gold with Alan Hill, IPOed in 2010 and built to mid-tier producer merged with Endeavor
“I actually started my career at Bear Gold when they had 25 employees...worked at Beric for nearly a decade and a half, worked globally, and then after that...founded Tranga Gold...IPOed in 2010...built that up to a mid-tier gold producer and merged that in with Endeavor”
Richard Young·
18 Dec 2025·
track record
Richard Young is CEO with an impressive resume of building production level assets
“Mr. Richard Young stepped on who has an impressive resume of building production level assets.”
Richard Young·
08 Dec 2025·
team experience
strong technical group; Paul Chaun as chief operating officer joined two months ago
“we have a really strong technical group, particularly with the hiring of Paul Chaun, our chief operating officer. He joined two months ago.”
Richard Young·
11 Jul 2025·
track record
worked together at Traanga Gold in West Africa for more than a decade; created a mid-tier gold producer in West Africa; sold to Endeavor in 2021
“He joined two months ago. We had worked together at Traanga Gold in West Africa for more than a decade and created a mid-tier gold producer in West Africa and sold that to Endeavor in 2021.”
Richard Young·
11 Jul 2025·
Market 2
Key takeaway. Management says i-80 Gold sits on a net asset value of about six or seven billion dollars on its own.
Read the full summary
The company reports it can produce roughly 200,000 ounces per year through its autoclave facility at a cost of $1,500 to $2,000 per ounce, and expects to maintain that production level for 15 to 20 years, positioning the company favourably on the cost curve.
What was actually said
cost curve position
Producing roughly 200,000 oz at 1,500 to $2,000 per oz through autoclave facility for 15-20 years
“we'll produce roughly about 200,000 oz through that facility being fed by two underground today and ultimately a third at ASIC at somewhere between 1,500 to $2,000 an oz for probably next 15 or 20 years.”
Richard Young·
16 Jul 2026·
strategic interest
NAV is six or seven billion dollars on its own
“At current metal prices, the NAV is six or seven billion dollars on its own.”
Richard Young·
15 Jul 2026·
Outside views 19 mentions
19 mentions by people who do not speak for the company — 9 constructive, 0 cautious, 2 neutral. These are their views, not the company's.
Rick Rule
mixed
He thinks financing is probably manageable but execution and on-time, on-budget completion remain the key risks.
The Silver Market·
08 Jun 2026·
Rick Rule
mixed
He thinks the hub-and-spoke refractory plan makes sense, but execution risk is real.
In it to Win it·
05 Jun 2026·
Rick Rule
mixed
He sees a potentially workable hub-and-spoke strategy but execution risk is high.
Rule Investment Media·
04 Jun 2026·
Steve Barton
mixed
He sees a potentially workable hub-and-spoke strategy but execution risk is high.
Rule Investment Media·
04 Jun 2026·
Show the other 15 mentions
Rick Rule
mixed
He sees a viable hub-and-spoke plan but says execution risk is the main issue.
Rule Investment Media·
03 Jun 2026·
Brendan Yurik
neutral
Used as an example of a large royalty/financing transaction in the mining space.
Crux Investor·
15 May 2026·
Steve Barton
bullish
He owns it and sees a clear five-year strategic path based on balance-sheet repair and consolidation.
Rule Investment Media·
15 May 2026·
Rick Rule
bullish
He owns it and sees a clear five-year strategic path based on balance-sheet repair and consolidation.
Rule Investment Media·
15 May 2026·
Rick Rule
bullish
He owns it and sees a five-year consolidation and autoclave-driven development path, though the assets are mostly tier 2.
In it to Win it·
15 May 2026·
Rick Rule
bullish
He owns it and sees value in balance-sheet repair, an autoclave, and Nevada consolidation optionality.
Rule Investment Media·
14 May 2026·
Steve Barton
bullish
He owns it and sees value in balance-sheet repair, an autoclave, and Nevada consolidation optionality.
Rule Investment Media·
14 May 2026·
Bald Guy Money
bullish
Listed among stocks he says have big upside and can help build a mining portfolio.
Bald Guy Money·
22 Apr 2026·
Paul Chawrun
bullish
Fully funded post-capital raise, Lone Tree construction underway targeting first gold pour by end-2027, 500-600k oz/year production ambition across Nevada assets. COO expresses confidence in execution and notes favorable gold price environment.
Crux Investor·
06 Mar 2026·
Jordan Rusche
unclear
He has not done enough work recently and thinks another financing may be needed.
In it to Win it·
05 Dec 2025·
Paul Chawrun
bullish
The entire presentation is a bullish case for i-80 Gold: large resource base, three-phase production ramp to 600k oz/year, strong economics at current gold prices, experienced management team, near-term catalysts including multiple feasibility studies.
Crux Investor·
28 Oct 2025·
Jordan Rusche
mixed
He previously avoided it due to bad management and balance sheet issues, but says it may be worth revisiting after a new team and mine construction.
In it to Win it·
09 Sep 2025·
Rick Rule
neutral
He calls it a six, likes the asset base and people, but says the balance sheet is badly damaged and needs equity financing.
Liberty and Finance·
15 Aug 2025·
Don Durett
mixed
He likes the story and has been adding, but worries about dilution and acquisition risk.
MiningStockEducation.com·
28 Jul 2025·
Don Durett
bullish
He says it has four district plays and good 2025 PEA results.
MiningStockEducation.com·
28 Jul 2025·
Sources 11 interviews
Every interview 11
| Date | Channel | Interview | Statements |
|---|---|---|---|
| 16 Jul 2026 | Natural Resource Stocks | From 50,000 to 600,000 Ounces: i-80 Gold’s Nevada Growth Plan | 22 |
| 15 Jul 2026 | Mining Network | i-80 Gold: From 50,000 to 600,000 Ounces | Fully Funded Nevada Growth Plan | 26 |
| 10 Jul 2026 | The Deep Dive | This Gold Company Is About to 12X Production | Richard Young - i-80 Gold | 22 |
| 21 May 2026 | Rule Investment Media | Richard Young, President & CEO of i-80 Gold Corp. | Rule Symposium 2026: Rick Rule interviews | 25 |
| 16 Feb 2026 | Crux Investor | i-80 Gold (TSX:IAU) - $500M Secured to Advance Development Plan | 17 |
| 16 Jan 2026 | Crux Investor | i-80 Gold (TSX:IAU) - From 50K to 600K oz Annually in Nevada Miner's Six-Year Transformation | 18 |
| 18 Dec 2025 | Wealthion | Why i-80 Gold Could Grow From 50k to 600k+ Ounces | Richard Young, CEO | 8 |
| 08 Dec 2025 | The Deep Dive | Banks Are Now Talking About $6,000 Gold | Richard Young - i-80 GOLD | 20 |
| 18 Sep 2025 | The Deep Dive | $5,000 Gold Next Year in Now Realistic?! | Ryan Snow - i 80 Gold Corp | No claims identified |
| 31 Jul 2025 | Wealthion | Gold to $12,000? And Silver Supply Crisis Looms | Mining CEOs Sound the Alarm | No claims identified |
| 11 Jul 2025 | The Deep Dive | Gold Enters a ‘Stronger for Longer’ Phase | Richard Young - i-80 Gold | 21 |
What else those interviews covered
Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.
Questions people ask
What is i-80 Gold's project and where is it?
i-80 Gold is a producer gold company, with a project stated to be in Nevada, United States. Everything here is drawn from its executives' own interviews.
Which interviews mention i-80 Gold?
We track 11 interviews mentioning i-80 Gold, across 6 channels (Crux Investor, Mining Network, Natural Resource Stocks, Rule Investment Media, The Deep Dive, Wealthion).
What are investors saying about i-80 Gold?
19 independent voices — people who do not speak for the company — are on record discussing it (9 bullish, 2 neutral). Their reasoning is quoted in the outside-view section above.
What do recent interviews with i-80 Gold cover?
The most-discussed topics on record are timeline, financing, economics, the deposit — each claim quoted and dated in the sections above.