Mr. Richard Young reports

I-80 GOLD APPOINTS RICHARD YOUNG CHIEF EXECUTIVE OFFICER

i-80 Gold Corp. has appointed Richard Young as chief executive officer and a director, effective immediately, succeeding Ewan Downie following his retirement as chief executive officer.

This appointment completes the previously announced succession process. Mr. Downie will also step down as a director of the company and will continue as an adviser to the company.

Mr. Young brings extensive financial, development and operational experience to i-80, having previously held senior positions at multiple companies, with increasing responsibilities, over the past several decades. He brings strong experience in Nevada, including operational positions with Barrick Gold at its Goldstrike mine, one of the largest gold mines in North America. Mr. Young was the founder and chief executive officer of Teranga Gold Corp., playing a key role in its transformation from a single asset producer into a successful low-cost, mid-tier gold producer that was ultimately acquired by Endeavour Mining PLC in 2021 for more than $2.5-billion. Most recently, Mr. Young served as president and chief executive officer of Argonaut Gold, which was acquired by Alamos Gold Inc. in July, 2024.

During his career, Mr. Young has been responsible for implementing award-winning sustainability programs and received the 2008 and 2017 PDAC Sustainability Award and the 2020 UN Global Compact Canada SDG Accelerator Award.

"I am excited to join i-80, owner of the largest gold and silver resource base in the United States not owned by a senior gold company. Ewan and the team have assembled an incredible group of projects that collectively have the potential to create a United States mid-tier gold producer over the next few years. Our focus in the short term will be to more fully assess the portfolio with a vision of developing both the sulphide and oxide deposits," said Mr. Young. "I am pleased that Ewan has agreed to continue to serve as an adviser to the company on the development and expansion of this already-significant portfolio of gold, silver and base metal projects," added Mr. Young.

"I am proud of the platform we have built, a world-class project portfolio situated in one of the world's premier mining jurisdictions, where we have realized numerous exploration successes over the past three years," said Mr. Downie. "Now, with efforts shifting from a focus on exploration to mine development, it is time for a leader with broad development and operational experience to lead the impressive management team at i-80 through its next phase of growth to deliver substantial returns to shareholders."

Ron Clayton, chairman of the board of directors, on behalf of the entire board, extends sincere thanks to Mr. Downie for his vision and leadership in building i-80 Gold and is pleased he will continue in an advisory role. "The board is incredibly pleased we have been able to attract a new CEO of Richard's calibre and skills. We look forward to Richard leading our company in developing our world-class assets in one the best districts for mining in the world. Richard is well equipped to lead our team in unlocking the value our assets represent," said Mr. Clayton.

About i-80 Gold Corp.

i-80 Gold is a Nevada-focused mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the company's advanced-stage property portfolio with processing at i-80's centralized milling facilities. i-80 Gold's common shares are listed on the Toronto Stock Exchange and the NYSE American under the trading symbols IAU and IAUX, respectively.

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