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2 stories mentioning IAU.TOUpdated just now

Every FINWIRES story that references IAU.TO, newest first.

Mining & Metals

i-80 Gold Terminates Offtake Agreement With Vox Royalty

i-80 Gold (IAU.TO) is terminating its gold offtake agreement with Vox Royalty, ending its obligation to deliver up to 40,000 ounces of refined gold per year at a lookback price, through to Dec. 31, 2028.i-80 will issue 3.45 million shares to Vox in return, totalling US$4.8 million.The termination is expected to result in cash flow savings through to 2028, and will allow i-80 to better manage future gold sales based on favourable gold pricing, the company said.

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Mining & Metals

i-80 Gold Posts Remaining Assay Results From Archimedes Project

i-80 Gold (IAU.TO) released the remaining assay results from its 2025-2026 infill drill campaign at the Archimedes Underground Project on its Ruby Hill property in Nevada.The results from the upper 426 zone of the project, where drilling has been completed, include 16.2 grams per tonne gold over 56.4 meters, 21.9 g/t Au over 20.2 m, and 11.0 g/t Au over 26.1 m. The results demonstrate significant widths and continuity of high-grade material extending the known mineralized area, the company said Thursday.Drill results from the Archimedes drilling programs will support an updated mineral resource estimate and updated mine plan for a feasibility study due for completion in the first quarter of 2027.Development is on schedule to achieve first gold in the fourth quarter of 2026.

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