i-80 Gold Advances Lone Tree Project, Cutting Costs by $1,500 Per Ounce

i-80 Gold Corp. is advancing early works and pre-construction at its Lone Tree autoclave and carbon-in-leach plant in Nevada.

Major construction on the facility will begin in the fourth quarter of 2026.

The project remains on budget with an estimated total capital cost of $430 million.

Management has committed approximately 40% of the capital and awarded 50% of procurement packages as of mid-July.

The company expects the first gold pour from the facility in late 2027.

The refurbishment facilitates a transition from toll milling to an owner-operator model.

This strategic shift is projected to increase gold margins by $1,000 to $1,500 per ounce.

i-80 Gold is one of only two companies in Nevada to own an autoclave processing plant.