i-80 holds a 100% interest in the McCoy-Cove project located on the Battle Mountain Trend, immediately south of Nevada Gold Mines’ Phoenix operation. With the historic production of approximately 3.3 million ounces of gold and more than 100 million ounces of silver, the property is host to one of the highest-grade undeveloped gold deposits in Nevada. A Preliminary Economic Assessment (PEA) for McCoy-Cove was completed in 2021 that indicates strong economics. The Company commenced construction of a decline to complete definition drilling from underground drill stations in advance of completing a full Feasibility Study.

The total land package of the McCoy-Cove property consists of approximately 31,000 acres with excellent exploration upside.