Aug 10 2022Reviewed by Alex Smith
At the Beartrack-Arnett Gold Project in Lemhi County, Idaho, USA, Revival Gold Inc. has given an update on its exploration efforts.
Revival Gold finished drilling the second of two core holes at the Joss target on August 8th, 2022, for a total of 1,450 m this season. The two holes, BT22-241D and BT22-242D, were made to explore the Joss mine’s potential for down-dip high-grade gold mineralization.
According to core logging, the two drill holes intercepted the target zone of mineralization 100 to 150 m below the location of earlier drilling.
The two holes, which are spaced apart along the strike by roughly 200 m in the target zone, will offer crucial structural and geochemical details about the possibility of further gold mineralization at depth at Joss. In September, assay results are anticipated.
Core logging indicates that we’ve hit the target zone at Joss. Assay results are expected next month and offer the potential to confirm a significant depth extension to Joss, where previous drilling has returned high-grade intercepts in 18 drill holes over a 1 km trend. In the meantime, drilling continues with activity expected to increase as rigs become available and conditions allow.
Hugh Agro, President and CEO, Revival Gold Inc.
To evaluate a drilling gap in the Beartrack-Arnett 2022 resource block model, the drill rig is currently being moved 1,100 m north of Joss to the South Pit target region. The break in drilling at Joss will give time for assays to be received and interpretive analysis of BT22-241D and BT22-242D to be finished.
As soon as the weather permits, a second drill rig is anticipated to arrive at Beartrack-Arnett in September to begin about 2,000 m of core drilling at Haidee. The Moose Fire, a sizable wildfire that is raging nearby Beartrack-Arnett, has so far had little effect on Revival Gold’s operations.
The Company maintains constant contact with the local government, complies with all instructions, and takes all required action to make sure responsible and safe operation.
To investigate numerous early-stage near-surface oxide gold exploration possibilities at Beartrack-Arnett, Revival Gold may mobilize a third drill rig to finish roughly 3,000 m of preplanned reverse circulation exploration drilling.