SCHEDULE 13G/A 0001714217 XXXXXXXX LIVE 6 Common Shares, no par value 12/31/2025 0001853962 i-80 Gold Corp. 44955L106 150 York Street Suite 1802 Toronto A6 M5H 3S5 Rule 13d-1(b) ORION RESOURCE PARTNERS (USA) LP DE 59723232 0 59723232 0 59723232 N 6.9 IA PN i-80 Gold Corp. 150 York Street, Suite 1802, Toronto, Ontario, Canada, M5H 3S5 This Statement is filed on behalf of Orion Resource Partners (USA) LP (the "Reporting Person"). The Reporting Person serves as investment advisor to each of Orion Mine Finance Fund II, LP, a Bermuda exempted limited partnership ("Fund II"), and Orion Mine Finance Fund III LP, a limited partnership existing under the laws of the Cayman Islands ("Fund III"). Based on the relationships described herein, the Reporting Person may be deemed to have voting and investment control over the Common Shares reported herein. The address of the principal business office of the Reporting Person is 1045 Avenue of the Americas, New York, NY 10018. The Reporting Person is a Delaware limited partnership. N IA As of December 31, 2025, the Reporting Person may be deemed the beneficial owner of 59,723,232 Common Shares. This amount includes (i) 7,832,577 Common Shares held directly by Fund II; (ii) 9,543,974 Common Shares held directly by Fund III; and (iii) 11,308,788 Common Shares the Reporting Person has the right to acquire upon exercise of warrants ("Warrants") and 31,037,893 Common Shares the Reporting Person has the right to acquire upon conversion of $50,000,000 in principal, plus accrued interest, of a convertible loan (the "Convertible Loan"), subject to the Blocker (as defined herein). The Issuer shall not issue any Common Shares pursuant to the terms of the Warrants and Convertible Loan to the extent that any such issuance would result in the Reporting Person and its affiliates, if acting as a group and required to aggregate their beneficial ownership of Common Shares pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), owning more than 9.99% of the issued and outstanding Common Shares immediately after giving effect to such issuance, subject to a potential increase to a 19.99% cap provided that any increase will not be effective until at least 60 days after the Reporting Person delivers notice of such increase to the Issuer (the "Blocker"). As of December 31, 2025, the Reporting Person may be deemed the beneficial owner of approximately 6.9% of the Common Shares outstanding. This percentage is based on the sum of (i) 826,281,972 Common Shares outstanding as of November 12, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2025, and (ii) 42,346,681 Common Shares the Reporting Person has the right to acquire upon exercise of Warrants or conversion of the Convertible Loan, subject to the Blocker, which have been added to the total Common Shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Exchange Act. 59,723,232 0 59,723,232 0 Y N The responses to Items 2 and 4 are incorporated by reference herein. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. ORION RESOURCE PARTNERS (USA) LP /s/ Rick Gashler 02/17/2026