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Revival Gold Inc.
Summary
| Project: | Beartrack | |
|---|---|---|
| Deposit: | Beartrack | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-9-2018: Revival Gold Inc. announces an Exploration/Drilling Update report for its Beartrack deposit at the Beartrack project. Drilling results incl. 13.9m @ 2.66g/t Au from 188.5m. TORONTO, Sept. 19, 2018 -- Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steven Priesmeyer (Internal) | |
| ABSTRACT: | TORONTO, Sept. 19, 2018 -- Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the "Company"), a growthfocused gold exploration and development company, announces results from four additional holes from its 8,000-meter core drilling program at the former producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho. In addition, Revival Gold has received permits to commence drilling at the neighbouring Arnett Gold Project (“Arnett”) “Revival Gold continues to intersect significant gold mineralization beyond the limits of the current Mineral Resource at Beartrack including at Joss, the South Pit and at Ward’s Gulch”, said Hugh Agro, President & CEO. “Drilling will continue with two rigs on the ongoing program at Beartrack. In addition, we are permitted and expect to add a third drill rig in a new target area (Haidee) at Arnett shortly”. Details On May 29th, 2018, Revival released a maiden NI 43-101 mineral resource estimate for the Beartrack property (“Mineral Resource”). On September 5th, 2018, Revival released results from the first three holes (BT18-207D, BT18-208D and BT18-209D) of its planned 2018 8,000-meter resource expansion core drilling program at Beartrack. These holes were targeted to expand the current open pit-constrained Mineral Resource below, and on strike from, the South Pit area. The holes returned significant widths and grades of mineralization. The four drill holes released today (BT18-210D, BT18-211D, BT18-212D and BT18-214D) were targeted to expand the current open pit-constrained Mineral Resource below, and on strike from, the North Pit and Ward’s Gulch areas as well as in the Joss area where there is currently no Mineral Resource. Holes BT18-214D and BT18-211D successfully extended mineralization at depth in the Ward’s Gulch area and encountered several significant mineralized intervals in the Joss area. Holes BT18-210D and BT18-212D intercepted only modest widths of mineralization below the current open pit-constrained Mineral Resource in the North Pit area. Mineralization at Beartrack remains open to the south of Joss, north along strike between Joss and the South Pit, north along strike between the South Pit and Ward’s Gulch area and into the North Pit. | |
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