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Stock impact report

i-80 Gold launches ATM equity program, unveils Cove project high-grade drill results [Seeking Alpha]

i-80 Gold Corp. Common Shares (IAUX) 
Company Research Source: Seeking Alpha
The company said it plans to use the proceeds to advance the exploration, development, expansion, the repayment of debt, and working capital requirements of the McCoy-Cove, Granite Greek, Lone Tree and Ruby Hill projects, and for general corporate and working capital purposes. i-80 Gold ( IAUX ) shares surged more than 16% in regular trading after the miner announced high-grade results from the underground drilling program at its McCoy-Cove property in Nevada. "Definition drilling continues to return high-grade mineralization over impressive widths, making Cove an anchor project in the company's future growth plans," CEO Ewan Downie said. "Our delineation program has consistently returned results that place Cove amongst the highest grade development stage gold deposits in North America," Downie said. Recommended For You Recommended For You More Trending News Related Stocks Trending Analysis Trending News Show less Read more
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