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News Update


Explorer Reports 'Significant Expansion' to Drill, Geophysics Programs at Idaho Gold Property
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Revival Gold is working to deliver a project preliminary economic assessment by year-end.

Revival Gold Inc. (RVG:TSX.V; RVLGF:OTCQB) expanded this year's drill and geophysics programs at its Beartrack-Arnett gold project in Idaho, it announced in a >news release.

"Revival Gold has ramped up to complete the biggest exploration program to be undertaken at Beartrack-Arnett since the 1990s," President and CEO Hugh Agro said in the release. "We will spend approximately $6 million on exploration."

The Toronto-based company intends to drill another 5,000 meters (5,000m), taking its 2020 campaign to 10,000m. The added drilling will test four targets.

One is the Haidee area at Arnett. There, Revival will drill 10–15 holes over 3,000m along strike from the existing Arnett mineral resource to expand it and infill drill another 10 holes over 2,000m to increase and upgrade the Haidee Inferred resource.

The explorer plans to test two targets in the Rabbit area at Beartrack, which has not been drilled. At those, it plans two to four holes over 2,000m to help determine the scale of the mineralized system at Beartrack.

The final target is the Joss area, where Revival will follow up on previous drilling with four to six holes over 3,000m between the North and South pits.

The company noted that it is also expanding its planned geophysics program. It now will include 21 line kilometers of gradient array induced polarization-resistivity (IP-RES) at Haidee, five line kilometers of dipole-dipole IP-RES at Rabbit and 13 line kilometers of gradient array IP-RES at Joss.

Revival will continue its technical study of heap leach and mill material and work toward delivering a preliminary economic assessment this year, the company reported.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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