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Revival Gold Inc.
Summary
| Project: | Beartrack | |
|---|---|---|
| Deposit: | Beartrack | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-7-2019: Revival Gold Inc. announces an Exploration/Drilling Update report for its Beartrack deposit at the Beartrack project. Drilling results incl. 70.3m @ 2.35g/t Au from 236.0m. Toronto, ON – July 29th , 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: R | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steven Priesmeyer (Internal) | |
| ABSTRACT: | Toronto, ON – July 29th , 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the "Company"), a growth-focused gold exploration and development company, announces results from the first three holes of it’s planned 2019 5,000-meter core drilling program at the former producing Beartrack Gold Project (“Beartrack”) and the adjacent Arnett Gold Project (“Arnett”) located in Lemhi County, Idaho. “Results from this year’s limited drilling in the Joss area at Beartrack verifies the presence and expands the scale of higher-grade mineralization in this location”, said Hugh Agro, President & CEO. “Revival Gold’s focus to-date has been on near-surface mineralization but the presence of higher-grade intercepts over 600 meters of strike within the Panther Creek Fault at Joss suggests underground potential as well.” Revival Gold initiated it’s 2019 core drilling program at Beartrack with one rig in late May and added a second rig at Arnett in early June. Drilling this year is intended to continue to build on the scale of the known gold system at Beartrack and to advance toward a preliminary resource estimate of leachable gold material at Arnett. An updated resource estimate for Beartrack-Arnett is expected in the first quarter of 2020. The three drill holes released today (BT19-223D, BT19-224D and BT19-225D) targeted mineralization in the Joss area at Beartrack. All three drill holes intersected good grades and confirmed the extension of gold mineralization at depth. Mineralization in the Joss area is not included in the current NI 43-101 Beartrack mineral resource estimate (“Mineral Resource”). | |
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