i-80 Gold to Expand Granite Creek Property with Key Land Acquisition

Extends exposure along primary mine structure by more than 3 km

RENO, Nev., May 9, 2022 /CNW/ - i-80 GOLD CORP. (TSX:IAU.TO) (OTCQX:IAUCF) ("i-80", or the "Company") is pleased to announce that it has entered into an agreement to acquire strategic land sections adjoining the Company's Granite Creek Property ("Granite Creek" or "the Property") located in Humboldt County, Nevada from Nevada Gold Mines LLC ("NGM"). The new property includes unpatented claims in Section 6, T. 37 N., R. 42 E. and surface and mineral rights for Section 21, T. 38 N., R. 42 E. The new property sections provide i-80 with approximately 3.2 kilometres of additional exposure along the Getchell/Range Front fault structure that is intimately associated with the Granite Creek and Turquoise Ridge gold deposits (See Figure 1). Importantly, the property section to the north of Granite Creek is immediately on-strike with the recently discovered South Pacific Zone where high-grade mineralization is being defined along strike to the north of the Company's Granite Creek Mine (see press releases dated November 16, 2021, and February 2, April 20 and May 3, 2022). Highlights of this property purchase include: