Revival Gold Inc. (TSXV: RVG | OTCQX: RVLGF) has announced further results from the company’s 2022 drilling programme at its Beartrack-Arnett Gold Project located in Idaho, USA.
“Today’s results confirm the presence of high-grade gold mineralization in the South Pit area at Beartrack-Arnett. Similar grades are also present in the Joss area, which extends approximately 1.2km to the south.” Said Hugh Agro.
Revival has said that the results offer the potential to expand the Beartrack-Arnett Mineral Resource with presence of lengthier mineralized interval grading more than three times the open pit mill cut-off grade calculated in the company’s most recent Mineral Resource Estimate.
Furthermore, highlights from the drill results included drill hole BT22-243D intersecting 7.92g/t gold over 2.9m and 2.02g/t gold over 47.4m, approximately 175m below the south end of the project’s South Pit area. This high-grade interval observed in hole BT22-243D is also reportedly consistent with the overall tenor of high-grade mineralization observed in the Joss area, located approximately 1.2km to the south.
In addition to BT22-243D, three other core drill holes targeting the depth extension of mineralization at Beartrack-Arnett were completed in the 2022 programme: two in the Joss high-grade target area (BT22-241D and BT22-242D) and one between the South Pit area and the Joss area (BT22-244D).
Revival Gold expects results for drill hole BT22-244D sometime in December.
“Together, the Joss and the South Pit areas encompass some 2km of favourable structure, and, in both areas, we see broad mineralized intersections and higher-grade zones. Mineralization is vertically dipping and conducive to open pit and underground mining. Data review is ongoing and follow-up drilling is being planned.” Added Agro.