Revival Gold Drills Wide Gold Intersection At Beartrack-Arnett
The Assay - Mining investment news, insights and company profiles
Mining investment news, insights and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Discussions
  • Company Profiles
  • Magazine
  • Webinars
  • Newsletter
  • About
    • About Us
    • Our Team
    • Contact Us
    • Events
    • Partners
The Assay - Mining investment news, insights and company profiles
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Discussions
  • Company Profiles
  • Magazine
  • Webinars
  • Newsletter
  • About
    • About Us
    • Our Team
    • Contact Us
    • Events
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home News

Revival Gold Drills Wide Gold Intersection At Beartrack-Arnett

byThe Assay
9 months ago
Reading Time: 3 mins read
Revival Gold Drills Wide Gold Intersection At Beartrack-Arnett

Second Rig Mobilised In Idaho

Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) has drilled a wide gold intersection in the initial stages of the company’s 2021 drilling programme at the past-producing Beartrack-Arnett Gold Project located in Idaho, USA.

Highlights:

  • Two core holes have been completed to-date on the Joss high-grade gold target as part of Revival Gold’s 2021 drilling programme;
  • BT21-237D intersected a wide, strongly mineralised interval of 2.67 g/t gold over 84.6m including 11.79 g/t gold over 2.5 meters and 5.36 g/t gold over 5.8m;
  • BT21-238D, along strike approximately 150m north of BT21-237D, intersected what appears to be a similar stockwork, also hosted by the Proterozoic Yellowjacket Formation. Assays results are pending;
  • A third hole, BT21-236D, was abandoned due to difficult drilling conditions short of the target and a fourth hole, BT21-239D, is currently in progress about 400m south on strike of the southern most drillhole to date at Joss. About 1,500m of this year’s planned 2,500m drilling programme at Joss have been completed since the start of drilling in June;
  • A second drill rig arrived at the project this week to accelerate the pace of drilling at Beartrack-Arnett. The rig is being mobilised to the Haidee heap leach gold target area, where an additional 2,500 meters of drilling, including geotechnical, hydrological and approximately ten exploration core holes, are planned for this season.

“High-grade gold mineralisation 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,” President and CEO, Hugh Agro, said.

“We are now underway on a large step-out drill hole and expect further assay results from Joss by early September. Work has also commenced at Haidee where we have potential to add near surface leachable resources and optimize engineering factors for our phase one mine restart plan.

“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.”

Drilling at Haidee this summer will consist of 2,500 meters of engineering and exploration core drilling to augment and expand on the current Haidee Mineral Resource with the objective to increase mine life for the first phase restart of gold production from Beartrack-Arnett.

Haidee hosts a December 2020 Indicated Mineral Resource of 2.5 million tonnes grading 0.65 g/t gold for 52,000 ounces gold and an Inferred Mineral Resource of 8.2 million tonnes grading 0.55 g/t gold for 144,000 ounces gold. The deposit remains open in all directions.

A recent computer modelling and machine learning initiative (AI) conducted for the company by Mira Geoscience Inc. highlighted a cluster of targets encompassed within a four-km diameter around the current Mineral Resource at Haidee. Most of these targets have yet to be drill tested. Figure 3 below describes the target areas of interest based on Mira’s AI analysis.

In 2020, after initiating the December 2020 Mineral Resource estimate, Revival Gold completed 23 infill and exploration core holes at Haidee all of which intersected oxide gold mineralization close to surface.

Drilling highlights included 0.93 g/t gold over 28.3m and 0.86 g/t gold over 48.5m. These results together with drilling results from this year will be incorporated into an updated Mineral Resources estimated targeted for completion in Q1 2022.

For further information please visit: https://revival-gold.com/

Tags: ExplorationGoldIdahoTSXV:RVGUSA
TweetShareSend
Previous Post

O3 Mining Expands Mineralisation At Alpha

Next Post

Castile Resources Has Further Success At Rover 1

Related Posts

Image source: Aurum Discovery
Feature Story

The Lithium Companies Spearheading Europe’s EV Supply Chain Revolution

byPeter Cowell, Editor - The Assay
17 May, 2022
Trek To Acquire Strategic Pilbara Base Metal Exploration Tenement
News

Trek To Acquire Strategic Pilbara Base Metal Exploration Tenement

byColin Sandell-Hay, Contributor - The Assay
17 May, 2022
Steppe Gold Resumes Gold And Silver Production In Mongolia
News

Steppe Gold Announces Positive Q1 2022 Financial Results

byColin Sandell-Hay, Contributor - The Assay
17 May, 2022
Carnavale Confirms The Scale Of New Ora Banda Prospects
News

Carnavale Confirms The Scale Of New Ora Banda Prospects

byColin Sandell-Hay, Contributor - The Assay
17 May, 2022
Indiana Identifies New Central Gawler Gold Project Targets
News

Indiana Identifies New Central Gawler Gold Project Targets

byColin Sandell-Hay, Contributor - The Assay
17 May, 2022
Catalyst Hits Up To 831 g/t Au At Lawry Prospect
News

Catalyst Hits Up To 831 g/t Au At Lawry Prospect

byColin Sandell-Hay, Contributor - The Assay
17 May, 2022
Next Post
Castile Resources Has Further Success At Rover 1

Castile Resources Has Further Success At Rover 1

Upcoming events

23May

121 Mining Investment London – 23-24 May

London
06Jun

121 Mining Investment New York – 6-7 June

New York
No event found!

Popular

  • The Assay Guide to Palladium vs Platinum

    The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • Mining Rebounding in the Land of the Giants

    0 shares
    Share 0 Tweet 0
  • Domestic Rare Earths Industries: Closing the Gaps in Supply and Supply Chains

    0 shares
    Share 0 Tweet 0
  • Cobalt: The ‘Blue’ Metal Forecast to Help Green the Planet

    0 shares
    Share 0 Tweet 0
  • The Assay TV – David Grondin, President & CEO, TomaGold (TSXV:LOT) – 21/2/2022

    0 shares
    Share 0 Tweet 0
  • Progressing Mining in the Arabian-Nubian Shield

    0 shares
    Share 0 Tweet 0
  • South Africa Enters New Resources ‘Boom’

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Part of Hyve Group Plc

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy

© 2021 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Discussions
  • Company Profiles
  • Magazine
  • Webinars
  • Newsletter
  • About
    • About Us
    • Our Team
    • Contact Us
    • Events
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy

© 2021 The Assay

Go to mobile version