- Revival Gold Inc. (RVG) has provided an update on ongoing exploration work at its Beartrack-Arnett gold project
- Drilling has been focused on the Joss high-grade gold target, where two holes have been drilled so far and a fourth is underway
- At the Joss target, drilling intersected 11.8 g/t over 2.5 metres
- A second drill rig has also been mobilized to the Haidee heap leach gold target area
- Revival Gold is a growth-focused gold exploration and development company
- Revival Gold Inc. (RVG) is up 5.97 per cent, trading at $0.71 per share
Revival Gold Inc. (RVG) has provided an update on ongoing exploration work at its Beartrack-Arnett gold project.
Beartrack-Arnett is the largest past-producing gold mine in Idaho. Its current mineral resource estimate includes an indicated resource containing 1.36 million ounces of gold and an inferred resource containing 1.64 million ounces of gold.
The goal of the 2021 drill program is to expand the current mineral resource beyond the 2020 mineral resource estimate.
Drilling has been focused on the Joss high-grade gold target, where approximately 1,500 metres of this year’s planned 2,500-metre program have been completed.
At the Joss target, drilling intersected 11.8 g/t over 2.5 metres and 5.4 g/t gold over 5.8 metres in one of the two holes drilled.
Hugh Agro, President and CEO of Revival Gold, commented on the results.
“High-grade gold mineralization is exactly what we were hoping to find at Joss and today’s results from BT21-237D continue to demonstrate the significant scale and high-grade potential of this area at Beartrack-Arnett.”
A third hole was abandoned due to difficult drilling conditions, and a fourth hole is now in progress.
A second drill rig has also been mobilized to the Haidee heap leach gold target area, where an additional 2,500 metres of drilling has been planned for the season.
“Last year’s drilling at Haidee revealed the extension of stacked mineralized structures up-dip to the north-east and we are excited to get back into this area to further test the potential,” said Mr. Agro.
Revival Gold is a growth-focused gold exploration and development company.
Revival Gold Inc. (RVG) is up 5.97 per cent, trading at $0.71 per share as of 2:00 pm ET.
