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Revival Gold Inc.
Summary
| Project: | Beartrack | |
|---|---|---|
| Deposit: | Beartrack | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-7-2018: Revival Gold Inc. announces a Resource Estimation report for its Beartrack deposit at the Beartrack project. Initial mineral resource estimate at Beartrack. This report was prepared as a Canadian National Instrument 43-101 (NI 43-101) Technical | |
| Resources: | (Resource): 33.365Mt @ 1.13g/t Au for 1.214Moz Au (Ind.), 16.9Mt @ 1.41g/t Au for 765Koz Au (Inf.) | |
| CP/QP: | [Resources]: Michael Lechner (Resource Modeling Inc.) | |
| ABSTRACT: | This report was prepared as a Canadian National Instrument 43-101 (NI 43-101) Technical Report for Revival Gold Inc. (Revival or the Company) by Resource Modeling Inc. (RMI) and Graham Karklin, Metallurgist, on the Mineral Resources of the Beartrack Property, located near Salmon, Idaho. Mr. Graham Karklin reviewed all available metallurgical testwork data and serves as the Qualified Person responsible for metallurgy. Mr. Michael Lechner serves as the Qualified Person for the Mineral Resources and all sections of this report other than Metallurgy The Beartrack Project is located in Lemhi County, Idaho in the northwestern United States. The Project is situated approximately 11 miles west-northwest of the town of Salmon and approximately 150 miles northeast of Boise, the capital of Idaho. The Project consists of 305 unpatented claims totaling approximately 2,055.37 hectares (5,078.93 acres) and 14 patented claims totaling approximately 187.28 hectares (462.77 acres). Due to the superposition of unpatented lode claims over unpatented mill site and patented placer claims, the total footprint of the Beartrack claims is 1,414.74 hectares (3,495.90 acres). All 305 unpatented claims are in good standing until September 1, 2018 when the next filings and required maintenance fee payments to the U.S. Bureau of Land Management (BLM) are due and Lemhi County are due, respectively. All Lemhi County property taxes are current for the 14 patented claims. Revival has entered into an earn-in agreement to purchase a 100% interest in the mineral rights for 305 unpatented claims and the 14 patented claims from Meridian Beartrack Co. (Meridian Beartrack) | |
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