i-80 Gold Announces Executive Change RENO, Nev. ,
i-80 Gold Announces Executive Change
RENO, Nev.
,
April 11, 2025
/CNW/ -
i-80 GOLD CORP.
(TSX: IAU) (NYSE: IAUX)
("i-80 Gold", or
the "Company"),
announces that
Matthew Gili
, President & Chief Operating Officer ("COO"), will
be stepping down from his role. Mr. Gili will continue to work in his capacity as President & COO
until a successor is appointed, and for a transitionary period thereafter.
Matthew Gili
has served as the Company's President & COO since its inception in 2021, playing an
integral role in advancing i-80 Gold's portfolio of development projects. Under his leadership, the
Company has made significant progress in exploration, resource expansion, technical studies,
permitting, and bringing the Granite Creek Underground project into early-stage production.
"We are grateful to Matt for his committed leadership and the significant contributions he has made
during his tenure with the Company," said
Richard Young
, Chief Executive Officer. "He has played a
key role in advancing the Company's new development plan to build a mid-tier gold producer in
Nevada
. On behalf of the Board and the leadership team, I would like to thank him for his hard work
and dedication and wish him well in his future endeavors." Mr. Young will take on the President role
following Mr. Gili's departure.
Mr. Young added, "A search for a new COO has begun to lead us through the next phase of growth,
building on the strong foundation that has been laid to-date. We look forward to updating the market
when the search has concluded. In the meanwhile, our operations management team is focused on
maintaining momentum and achieving our development timelines."
About i-80 Gold Corp.
i-80 Gold Corp. is a
Nevada
-focused mining company committed to building a mid-tier gold producer
through a new development plan to advance its high-quality asset portfolio. The Company is the
fourth largest gold mineral resource holder in the state with a pipeline of high-grade development
and production-stage projects strategically located in
Nevada's
most prolific gold-producing trends.
Leveraging its fully permitted central processing facility following an anticipated refurbishment, i-80
Gold is executing a hub-and-spoke regional mining and processing strategy to maximize efficiency
and growth. i-80 Gold's shares are listed on the Toronto Stock Exchange (TSX: IAU) and the NYSE
American (NYSE: IAUX). For more information, visit
www.i80gold.com
.
Forward-Looking Information
Certain statements in this release constitute "forward-looking statements" or "forward-looking
information" within the meaning of applicable securities laws, including but not limited to the
Company's ability to achieve its development timelines, and the transition in leadership not
interrupting the Company's ability to deliver on its strategic objectives. Furthermore, forward-looking
statements are necessarily based upon a number of estimates and assumptions that, while
considered reasonable by the Company as of the date of such statements, are inherently subject to
significant business, economic and competitive uncertainties and contingencies. Such statements can
be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe",
"plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or
state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur
or be achieved. These statements reflect the Company's current expectations regarding future
events, performance and results and speak only as of the date of this release or as of the dates
specified in such statements, and are expressly qualified in their entirety by this cautionary
statement. The Company disclaims any intention or obligation to update or revise any forward-
looking statements, whether as a result of new information, future events or otherwise except as
required by applicable law.
Forward-looking statements and information involve significant risks and uncertainties, should not be
read as guarantees of future performance or results and will not necessarily be accurate indicators
of whether or not such results will be achieved. A number of factors could cause actual results to
differ materially from the results discussed in the forward-looking statements or information,
including, but not limited to: material adverse changes, unexpected changes in laws, rules or
regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the
company to perform as agreed; social or labor unrest; changes in commodity prices; and the failure
of exploration programs or studies to deliver anticipated results or results that would justify and
support continued exploration, studies, development or operations. For a more detailed discussion of
such risks and other factors that could cause actual results to differ materially from those expressed
or implied by such forward-looking statements, please see "Risks Factors" in the Annual Report on
Form 10-K for the fiscal year ended
December 31, 2024
for more information regarding risks
pertaining to the Company, which is available on EDGAR at
www.sec.gov/edgar
and SEDAR+ at
www.sedarplus.ca
. Readers are encouraged to carefully review these risk factors as well as the
Company's other filings with the U.S. Securities and Exchange Commission and the Canadian
Securities Administrators.
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i-80 Gold Corp
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For further information:
For further information, please contact: Leily Omoumi, VP Corporate
Development & Strategy, 1.866.525.6450, [email protected], www.i80gold.com
CO: i-80 Gold Corp
CNW 06:00e 11-APR-25