i-80 Gold Corp. (NYSE: IAUX)

i-80 Gold Corp. is a Nevada-focused, growth-oriented company engaged in the exploration and advancement of gold and silver mineral deposits. The company operates in the mining industry, specifically targeting precious metals extraction in the state of Nevada. i-80 Gold Corp. was incorporated on November 10, 2020, and became a public company following a plan of arrangement completed on April 7, 2021. The company's shares trade on the Toronto Stock Exchange under the symbol "IAU" and on the NYSE American exchange under the symbol "IAUX."

The company generates revenue through the exploration, development, and potential future production of gold and silver from its various mineral properties. Its primary products are gold and silver, which are sold into global markets. The company's customer base consists of entities involved in the purchase and trade of precious metals, although specific customer names are not disclosed in the filing.

• Cove Project: This segment includes the McCoy-Cove gold properties located on the Battle Mountain-Eureka Trend in Lander County, Nevada. The Cove Project is considered an advanced property under NI-43-101 and a material property under S-K 1300.

• Granite Creek Projects: This segment encompasses the Granite Creek gold properties, formerly known as the Getchell project, situated at the intersection of the Getchell gold belt and the Battle Mountain-Eureka Trend in Humboldt County, Nevada. It includes both an underground mine and an open pit project. Granite Creek is also considered an advanced property under NI-43-101 and a material property under S-K 1300.

• Lone Tree Project: This segment includes the Lone Tree and Buffalo Mountain gold deposits, along with the Lone Tree processing complex (the Lone Tree Plant), located midway between the Cove and Granite Creek Projects in Humboldt County, Nevada. The Lone Tree Plant is expected to be refurbished to serve as a central hub for processing refractory material from the company's underground mines.

• Ruby Hill Projects: This segment consists of the Ruby Hill property located along the Battle Mountain-Eureka Trend in Eureka County, Nevada. It includes an underground project referred to as "Archimedes" and an open pit gold deposit called "Mineral Point." Ruby Hill is considered an advanced property under NI-43-101 and a material property under S-K 1300.

• FAD Project: This segment includes the FAD property located along the Battle Mountain-Eureka Trend in Eureka County, Nevada. As of the date of the Annual Report, the FAD Project is not considered a material property within the meaning of NI-43-101 or S-K 1300.

i-80 Gold Corp. operates in a highly competitive mining industry, facing competition from numerous other mining companies in the search for and acquisition of mineral properties. The company competes for qualified personnel, suitable contractors for drilling operations and underground mining, technical and engineering resources, and necessary exploration and mining equipment. Many of its competitors have greater financial resources, operational expertise, and more advanced properties. The company's ability to acquire precious metal mineral properties in the future will depend on its ability to develop its present properties and select and acquire suitable producing properties or prospects for precious metal development or mineral exploration. i-80 Gold Corp. has put in place experienced management personnel and will continue to evaluate the required expertise and skill to carry out its operations. The company's competitive advantages include its strategic focus on Nevada, a region known for its rich mineral deposits, and its development plan aimed at creating a mid-tier gold producer.

The company's general customer base consists of entities involved in the purchase and trade of precious metals. Specific customer names are not disclosed in the filing. i-80 Gold Corp. is engaged in the exploration, advancement, and extraction of gold and silver deposits in the State of Nevada, with the principal objective of becoming a sustainable gold and silver producer. The company's metals are expected to be processed through a combination of internal and third-party facilities through 2027, with all materialized materials anticipated to be processed through internal processing facilities beginning in 2028.