Revival Gold Inc. (TSXV: RVG | OTCQX: RVLGF) has announced its remaining drill results in the Joss and South Pit target areas at the company’s Beartrack-Arnett Gold Project, located in Idaho, USA.
“We’ve moved the geological model for gold mineralization at Beartrack-Arnett into sharper focus with this year’s drilling. Results point to Beartrack-Arnett hosting broad “shoots” of higher-grade mineralization that plunge steeply to the south”, said Hugh Agro, president and CEO.
The company completed four core holes in 2022 in the Joss and South Pit areas over approximately 1.2km of prospective structure known as the Panther Creek Shear. The first three holes, BT22-241D and BT22-242D at Joss and BT22-243D at South Pit intersected high-grade gold proximal to the post-mineralization Panther Creek Fault.
The fourth core hole, BT22-244D, drilled between Joss and the South Pit, intersected 0.58g/t gold over 6.4m. Revival has said that the hole appears to have penetrated the PCF in the vicinity of an intersecting cross-fault.
The mineralization encountered in BT22-244D was intersected on the west side of the PCF and the company has said it is thought to be associated with South Pit mineralization. Joss mineralization occurs on the east side of the PCF. Only weakly anomalous gold values were encountered east of the PCF in hole BT22-244D. It appears that Joss mineralization has been removed, or displaced, by post-mineral faulting in the vicinity of this hole.
Revival Gold’s 2022 drilling supports the company’s interpretation that higher-grade mineralization within the mineralized Panther Creek Shear occurs in broad, southerly plunging “shoots”. Mineralization is known to extend for at least 5.6km along strike of the PCF and is open in all directions.
Joss extends over a strike of 1,000m and has been drilled to a depth of over 500m. The twenty core holes that have intersected Joss to-date average 7.7g/t gold over 5.5m drilled width within a broader zone of 2.8g/t gold over 45.5m drilled width.
Assay results for the eighteen additional core drill holes completed in 2022 in the Haidee oxide target area are expected in January. Revival’s review of all of its 2022 drill hole data will continue into early 2023.
“Follow-up drilling will focus on extending the potential width and depth of the shoots at both Joss and the South Pit and on discovering new high-grade shoots elsewhere on the project”, Agro added.
To find out more, please visit www.revivalgold.com
