Revival Gold Incorporated (TSXV: RVG, OTCQX: RVLGF), has announced the results of its final seven infill drill holes, which were completed in the Haidee target area in connection with the company’s 2021 exploration programme at the Beartrack-Arnett Gold Project located in Idaho, USA.
The company reports that each of the seven holes reported encountered above cut-off grade, near-surface oxidized gold mineralization.
Highlight from the drill results include:
- 0.92 g/t gold over 16.2 meters in AC21-075D
- 0.75 g/t gold over 44.1 meters in AC21-084D
- 0.92 g/t gold over 14.8 meters in AC21-081D
- 0.57 g/t gold over 12.2 meters and 0.51 g/t gold over 22.2 meters in AC21-077D
Revival’s 2021 drilling programme was designed to upgrade and expand the deposit’s current Inferred heap leachable mineral resources. In addition, the programme included holes drilled to obtain engineering data for Revival Gold’s planned late-2022 Pre-Feasibility Study.
A total of 15 holes have been completed, for approximately 2,500m, with four holes drilled for geotechnical and hydrological purposes. The company has confirmed that the results are consistent with results from previous drilling and continue to support the up-dip and down-dip extensions of mineralization in the Haidee area as areas for the potential expansion of the current mineral resources.
“Drill results released today will support an upgrade in the quality of the gold resource at Haidee and point to future resource expansion opportunities both up and down dip of the current deposit”, said Hugh Agro, President and CEO.
The company is working to produce an updated resource estimate for the entire Beartrack-Arnett project and expects results to be released by the end of Q1.
For further information please visit: https://revival-gold.com/