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i-80 Gold Reports Third Quarter 2026 Results; Archimedes Underground on Track to Begin Production Mining by Year-End

i-80 Gold reported third-quarter 2026 revenue of $32.7 million from 7,744 ounces of gold sold at an average realized price of $4,211 per ounce, with production of 11,685 ounces, marginally lower than 12,428 ounces a year earlier. The net loss widened to $48.4 million from $41.9 million, mainly due to higher drilling costs at the Ruby Hill property, while gross profit rose to $5.0 million on a higher realized gold price. The Granite Creek underground project declared initial Mineral Reserves of 556,500 ounces of gold, and the Archimedes underground is on track to begin production mining before year-end 2026. The company targets annual gold production of 150,000 to 200,000 ounces in 2028 and 400,000 to 500,000 gold equivalent ounces in the early 2030s, with Mineral Point open pit now prioritized for a pre-feasibility study.

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