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RENO, Nev. - i-80 Gold Corp. (TSX:IAU) (NYSE American:IAUX) announced Thursday that Eva Bellissimo will step down from its Board of Directors effective October 31, 2025, to focus on her expanded professional responsibilities at McCarthy Tétrault LLP. The announcement comes as the company maintains strong market performance, with InvestingPro data showing a remarkable 60.8% year-to-date return and an impressive market capitalization of $64.4 billion.
Bellissimo, who has served as a director since the company’s formation in 2021 and most recently chaired the Corporate Governance and Nominating Committee, was appointed National Practice Group Leader of the Business Law Group at McCarthy Tétrault last year, where she also co-leads the Global Metals & Mining Group.
"Eva has been a strong and dedicated Board member whose insight and experience have been highly valuable as we advanced an industry-leading pipeline of projects," said Ron Clayton, Chairman of the Board, in a press release statement.
Prior to joining i-80 Gold’s board, Bellissimo served as a director of Premier Gold Mines Limited, from which i-80 Gold was spun out following its acquisition by Equinox Gold Corp. in 2021.
The Nevada-focused mining company intends to maintain its board size of at least seven members and will seek a replacement whose experience aligns with the company’s development plans toward becoming a mid-tier gold producer in Nevada.
i-80 Gold describes itself as the fourth largest gold mineral resource holder in Nevada with a portfolio of development and production-stage projects located in the state’s gold-producing regions. The company is implementing what it calls a hub-and-spoke regional mining and processing strategy centered around its central processing facility.
In other recent news, i-80 Gold Corp. announced significant assay results from its ongoing drilling program at the Granite Creek Underground Project and provided updates on the infill drilling at its Cove Underground Project, both located in Nevada. The initial results from the Granite Creek program revealed high-grade gold mineralization, with notable intercepts including 33.6 grams per ton (g/t) gold over 2.9 meters and 29.7 g/t gold over 3.6 meters in one of the deepest holes drilled to date in the South Pacific Zone. These results are part of the company’s efforts to enhance its understanding of the mineralization in these areas. Additionally, U.S. President Donald Trump announced that gold would not be subject to tariffs. This statement was made via a post on his social media platform, Truth Social, where he simply stated, "Gold will not be Tariffed!" These developments could influence investor interest and strategies regarding gold-related investments.
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