Mr. Ron Clayton reports
I-80 GOLD STRENGTHENS BOARD OF DIRECTORS WITH THE ADDITION OF RONALD BUTLER JR., MICHAEL JALONEN, AND STEVEN YOPPS
i-80 Gold Corp. has appointed Ronald Butler, Michael Jalonen and Steven Yopps to its board as independent directors, effective Feb. 1, 2026. These additions strengthen the company's governance with deep experience in mining operations, finance, mineral processing and capital markets. This collective experience will support i-80 Gold in achieving its growth strategy in Nevada. Following their appointments, the board will comprise nine members.
"Ron, Mike and Steve each bring highly relevant experience and proven track records across their respective fields, including financial leadership, deep capital markets knowledge, and autoclave and refractory processing expertise, making them strong additions to i-80 Gold's board of directors," said Ron Clayton, chairman of the board. "I am confident their expertise will provide valuable insight and guidance as the company executes its development plan spanning five gold projects and the refurbishment of our Lone Tree autoclave processing facility to create long-term value for shareholders. These appointments reflect our ongoing effort to ensure that the board maintains the technical, financial and strategic skills and experience required to support the company as we advance toward becoming a leading mid-tier gold producer in Nevada. On behalf of the board, we are pleased to welcome three directors of this calibre."
Mr. Butler
Mr. Butler is a certified public accountant (CPA) with more than 30 years of experience in audit, financial and strategic planning, operational excellence, digital transformation, and corporate governance across industries including mining and metals, energy, technology, and consumer products. Mr. Butler spent 29 years with Ernst & Young LLP (EY) in Arizona, most recently serving as managing partner from 2008 until his retirement in 2024. From 2022 to 2024, he also served as EY's U.S. mining and metals leader, where he led national strategy and drove client and business growth, advising major mining companies such as Freeport-McMoRan and Newmont Corp. As managing partner, Mr. Butler led EY Arizona's growth initiatives and strategic ventures, including public-sector programs focused on cost reduction, grants management, real estate optimization and technology enablement. He also served on the executive committee for the City of Phoenix's $500-million (U.S.) general obligation bond program and was a senior member of EY's west region executive leadership team. During his tenure, he oversaw more than 500 professionals and advised a broad range of mid-size and multinational public and private companies. Mr. Butler holds a BSc in accountancy from the University of Arizona.
Mr. Jalonen
Mr. Jalonen is a chartered financial analyst (CFA) with nearly 40 years of mining and capital markets experience, including over 30 years as a highly respected mining analyst at Bank of America Securities (BofA). He served as managing director and North American senior precious metals research analyst until his retirement in 2022 and was consistently ranked among the leading mining analysts in North America. In this role, Mr. Jalonen led coverage and investment recommendations for 30 senior and intermediate precious metals producers as well as royalty and streaming companies. He developed detailed operating and financial models, performed valuation analyses, and authored numerous thematic industry reports. Prior to that, Mr. Jalonen served as global co-ordinator for BofA's metals, mining and steel research team, overseeing a global group of analysts, publishing thematic research on precious and base metals, and organizing the firm's flagship global mining conference. He began his career as a geologist. Mr. Jalonen holds an MBA in finance from the DeGroote School of Business and a BSc (honours) in geology from the University of Windsor.
Mr. Yopps
Mr. Yopps is a metallurgical engineer and accomplished mining executive with more than 35 years of operational, technical, project development and regulatory experience across Nevada's premier gold districts. His career spans senior roles at AngloGold Ashanti, Nevada Gold Mines and Barrick Mining, where he led large-scale autoclave, roaster and refractory processing operations, advanced complex feasibility studies, and executed district-level growth strategies that transformed regional mining portfolios.
Most recently, Mr. Yopps served as vice-president of Nevada projects for AngloGold Ashanti through to his retirement in 2025. In this role, he led technical and exploration teams who were responsible for growing the Nevada resource base, advancing the feasibility study and NEPA (National Environmental Policy Act) permitting for the North Bullfrog project and supporting the integration of acquisitions within the Beatty district to establish a top-tier mining district in southern Nevada. Previously, Mr. Yopps was manager of growth projects for Nevada Gold Mines (NGM), where he led the long-term processing and refractory ore transportation strategy following the Newmont-Barrick joint venture, multiple prefeasibility studies at Cortez, and refractory ore research and development programs. He has written peer-reviewed research on Carlin-type refractory gold processing and pressure oxidation technologies.
Prior to his role at NGM, he spent more than 25 years in senior technical and operational roles, including serving as general manager of the Ruby Hill mine (currently i-80 Gold's wholly owned Ruby Hill property) and managing Goldstrike's autoclave, roaster and mill facilities for more than a decade, delivering best-in-class safety and operational performance. Mr. Yopps holds a BSc and MSc in metallurgical engineering from the Colorado School of Mines and is a qualified person recognized by the Mining & Metallurgical Society of America.
About i-80 Gold Corp.
i-80 Gold 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 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 and the NYSE American exchange.
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