Revival Gold Inc. (RVG:TSX.V; RVLGF:OTCQB) announced in a news release results from another batch of holes drilled at its Beartrack-Arnett project in Idaho.
The five reported infill holes were drilled in the Haidee target. All encountered near-surface leachable mineralization, and the "mineralized intervals generally align with projections of the block model from adjacent drill holes or cross-sections," the release noted.
Hole AC20-48D returned 0.93 grams per ton (0.93 g/t) gold over 28.3 meters (28.3m). AC20-050D showed 0.55 g/t gold over 34.5m, 0.5 g/t gold over 34.4m and 0.41 g/t gold over 34.4m. AC20-051D demonstrated 0.8 g/t gold over 15.2m.
Overall, "the Beartrack-Arnett resource model is standing up to infill drilling in the Haidee area, and we are encouraged to see a continuation of gold mineralization in the PCSZ between the North and South pits," President and CEO Hugh Agro said in the release.
The company noted that "partial results received for a sixth core hole, BT20-226D, drilled in the under-explored area between the North and South Pit areas at Beartrack-Arnett, indicate that the hole intersected weak gold mineralization in the Panther Creek Shear Zone with the best interval being 0.36 g/t gold over a drilled width of 6.1 meters at approximately 370 meters down hole." The company is awaiting receipt of the complete results for the hole.
"This season's drill program includes both expansion and infill drilling as we seek to grow the resource and prepare to advance Beartrack-Arnett from a preliminary economic assessment (expected later this month) to a pre-feasibility study (targeted to commence next year)," Argo said.
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