i-80 Gold (IAU) Corporate presentation summary

Strategic vision and growth plan

• Aims to become a Nevada-focused, mid-tier gold producer with a fully funded, three-phase development plan targeting ~600,000 oz gold annually by the early 2030s.

• Operates five brownfield gold projects with existing infrastructure and one autoclave plant, all deposits open for expansion.

• Raised over $1B in secured and available capital, completing a recapitalization plan in Q1 2026 and retiring ~$165M in debt.

• Nevada ranked #1 globally for mining investment attractiveness, supporting project stability and growth.

• Leadership and board strengthened with deep Nevada mining expertise and proven track records in mine development and financing.

Resource base and production outlook

• Holds 6.5Moz measured & indicated and 7.5Moz inferred gold resources, with significant silver resources at Mineral Point.

• Multi-deposit portfolio supports near-term production growth, with annual gold output expected to rise from <50koz to 300–400koz in Phase 2, and 600koz+ in Phase 3.

• Ongoing and planned infill drilling aims to convert inferred resources and expand the resource base.

• All major projects (Granite Creek, Archimedes, Cove, Mineral Point) have robust mine lives (8–17 years) and are open for further expansion.

Project economics and financials

• Combined after-tax NPV (5%) for all projects is $1.6B at $2,175/oz Au and $4.9B at $3,000/oz Au, with IRRs up to 81%.

• Granite Creek Underground: 8-year mine life, ~60koz/year, $155M NPV at $2,175/oz Au.

• Archimedes Underground: 10-year mine life, ~100koz/year, $127M NPV at $2,175/oz Au.

• Mineral Point Open Pit: 17-year mine life, ~280koz AuEq/year, $614M NPV at $2,175/oz Au.

• Q1 2026 financials: record revenue of $52.4M, gross profit of $16.1M, net loss of $78.6M due to non-cash items and increased development spending.