- Revival Gold (RVG) released initial results from its 2022 drilling program and provided an update on exploration at the Beartrack-Arnett Gold Project in Idaho
- Three core holes targeting the depth extension of mineralization have been completed in the program, two in the Joss area and one in the South Pit area
- Roughly 2,300 metres of this year’s planned 5,000-metre core drilling program have been completed at Beartrack-Arnett since the start of drilling in June
- Revival Gold (RVG) was up 7.81 per cent trading at C$0.69 per share as of 10:30 am ET
Revival Gold (RVG) released initial results from its 2022 drilling program and provided an update on exploration at the Beartrack-Arnett Gold Project.
The Beartrack-Arnett Gold Project is located in Idaho.
Three core holes targeting the depth extension of mineralization have been completed in the program, two in the Joss area and one in the South Pit area.
BT22-241D in the Joss area intersected 6.2 g/t gold over 14.2 metres within 3.6 g/t gold over 51.5 metres below hole BT18-220D, the most southerly intersection at Joss to date (8.84 g/t gold over 3.0 metres within 1.79 g/t gold over 38.8 metres.
BT22-242D, also at Joss, intersected what appears to be a similar stockwork to hole BT21-240D in the same Proterozoic Yellowjacket Formation 150 metres deeper than BT21-240D (4.34 g/t gold over 110.6 metres drilled width, including 12 g/t gold over 13.7 metres, and 8.8 g/t gold over 11.8 metres.
A third hole, BT22-243D, was completed at the south end of the South Pit. This hole is intended to extend the trend of higher-grade mineralization at Joss north to the South Pit and intersected stockwork mineralization as well as siliceous breccia within the target zone.
Roughly 2,300 metres of this year’s planned 5,000-metre core drilling program have been completed at Beartrack-Arnett since the start of drilling in June.
Assay results for the above are pending.
The company’s President and CEO, Hugh Agro, hailed initial results from this year’s drilling that worked to extend the potential for high-grade mineralization at Beartrack-Arnett.
He noted that the team is seeing twice the gold grade and a wider intercept in hole 241D compared with hole 220D, which was located around 100 metres above it.
“The results suggest that grade and widths are improving at depth and confirm the open nature of mineralization to the south at Joss. Drilling continues with two rigs with further results expected later this month”
Revival Gold is a growth-focused gold exploration and development company operating out of the U.S.
Revival Gold Inc. (RVG) was up 7.81 per cent, trading at C$0.69 per share as of 10:30 am ET.
