i-80 Gold (IAU) Corporate presentation summary

Strategic vision and development plan

• Aims to become a Nevada-focused, mid-tier gold producer with a target of ~600,000 oz Au/year by early 2030s, leveraging five brownfield projects and existing infrastructure.

• Three-phase development plan: ramp-up of Granite Creek Underground, construction at Archimedes Underground, refurbishment of Lone Tree Plant, and future development of Cove Underground, Granite Creek Open Pit, and Mineral Point Open Pit.

• All deposits remain open for expansion, with ongoing infill and step-out drilling to convert resources and extend mine life.

• Nevada ranked #1 globally for mining investment attractiveness, supporting long-term growth.

Resource base and production outlook

• Total gold mineral estimate: 0.56Moz reserves, 7.3Moz measured & indicated, and 7.4Moz inferred; significant silver resources also present.

• Anticipated annual gold output to rise from <50koz to 300–400koz in Phase 2, and 600koz+ in Phase 3, driven by new projects and plant upgrades.

• Granite Creek Underground, Archimedes Underground, and Cove Underground are key contributors to near-term production growth.

• Mineral Point Open Pit expected to become the largest producing asset, with substantial gold and silver output.

Financial position and capital plan

• Over $1B in secured and available capital raised through equity, royalty, convertible notes, and gold prepay facilities.

• Recapitalization completed in Q1 2026, retiring ~$165M of debt and establishing a cash balance of ~$460M as of June 30, 2026.

• Fully funded through Phase 2, with Phase 3 expected to be funded by operating cash flow.

• Q2 2026 financials: gold production ~11,100 oz, net loss $52.5M, adjusted loss $41.2M, reflecting ramp-up and pre-development expenses.