Source: Revival Gold Inc.
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  • Revival Gold (RVG) released new results from its 2022 drilling program at the Beartrack-Arnett Gold Project
  • Since the start of drilling in June, 2,900 meters has been drilled of the planned 5,000-meter core drilling program
  • Three core holes targeting the depth extension of mineralization have been completed
  • Revival Gold Inc. (RVG) is down 5.26 per cent, trading at C$0.54 per share as of 2:15 pm ET

Revival Gold (RVG) released new results from its 2022 drilling program at the Beartrack-Arnett Gold Project.

The Beartrack-Arnett Gold Project is located in Idaho. Since the start of drilling in June, 2,900 metres has been drilled of the planned 5,000-metre core drilling program. A total of three core holes targeting the depth extension of mineralization have been completed.

Highlights:

  • BT22-242D intersected 3.49 g/t gold over 115.4 metres, including 10.12 g/t gold over 11.4 metres at Joss
  • BT22-243D has been completed at the south end of the South Pit. This hole has intersected stockwork mineralization as well as siliceous breccia

The company’s President and CEO, Hugh Agro, said the team has hit another long intercept of high grade at Joss.

“Importantly, hole 242D is 150 meters deeper than the previous drilling and expands an already impressive body of mineralization. The Joss zone currently extends for more than one kilometre in strike and over an average vertical extent of about 500 metres, with the average true width of the mineralized zone estimated to be 10-30 metres thick. Further results from Joss are expected before year-end.”

A second core rig is drilling infill and expansion holes in the Haidee oxide target area at Beartrack-Arnett. The first hole, AC22-085D, was also recently completed.

Revival Gold is a growth-focused gold exploration and development company operating out of the U.S. 

Revival Gold Inc. (RVG) is down 5.26 per cent, trading at C$0.54 per share as of 2:15 pm ET.


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