I-80 Gold Corp (IAUX): Infill Drilling Results Bolster Project Potential
Key takeaways
- The stock has gained around 60% over the past six months and soared 220% over the past 12 months.
- On April 8, I-80 Gold Corp (NYSEAMERICAN:IAUX) reported that recent drilling results confirmed previously interpreted mineralization at the Archimedes underground project on the Ruby Hill property.
- The company added that these results provide a solid foundation for the development of the project and reinforce the project’s resource expansion potential.
I-80 Gold Corp (IAUX): Infill Drilling Results Bolster Project Potential Abdul Rahman Fri, May 15, 2026 at 10:52 PM GMT+7 2 min read IAUX GC=F I-80 Gold Corp (NYSEAMERICAN:IAUX) is one of the explosive mining penny stocks to watch in 2026. The stock has gained around 60% over the past six months and soared 220% over the past 12 months. Street forecasts show IAUX stock could more than double in the next 12 months from its current level.
On April 8, I-80 Gold Corp (NYSEAMERICAN:IAUX) reported that recent drilling results confirmed previously interpreted mineralization at the Archimedes underground project on the Ruby Hill property. At the Upper Archimedes zone, for instance, the drilling returned high-grade gold intercepts and potential for low-cost economic ounces.
The company added that these results provide a solid foundation for the development of the project and reinforce the project’s resource expansion potential. Construction continues to advance at the Upper Archimedes zone, with the company expecting to mine the first gold from this area in Q3 2026. At the Lower Archimedes zone, permitting activities are underway and expected to be completed in mid-2027.