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Revival Gold Advances Processing Alternatives for High-Grade Mill Material at Beartrack-Arnett
TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce favourable res
About this update from Revival Gold Inc
[{"type":"text","content":" TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce favourable results from a third stage of metallurgical testing on mill (or sulphide) material from the Beartrack-Arnett Gold Project (“Beartrack-Arnett” or, the “Project”) located in Lemhi County, Idaho. The objective of this testing program was to evaluate the flotation performance of the high-grade component of sulphide material at Beartrack-Arnett and assess its potential to yield a salable concentrate. Highlights The composite sample was assembled from 21 individual samples of core to mimic the tenor of high-grade mill material at Beartrack-Arnett. Results demonstrate gold recoveries of 93% to concentrate from a composite sample grading 4.6 g/t gold. A concentrate grade of 50 g/t gold was achieved with a relatively coarse particle grind size (P80) of 150 μm and a resulting mass pull of just 8.9%. The corresponding sulphide sulphur grade of the concentrate was 23% with a sulfide sulfur recovery of 98%. “Revival Gold remains focused on continuing to expand and prepare the open pit heap leach restart phase at Beartrack-Arnett,” said Hugh Agro, President & CEO. “Meanwhile, work continues to advance and de-risk a potential mill phase for the Project. Today’s announced test results support a potential mill development concept that would involve the production and sale of concentrate rather than the construction of a complete onsite gold production facility for the Project. This approach could greatly simplify and reduce the potential capital cost of developing a second phase mill operation at Beartrack-Arnett,” Agro added. This year’s metallurgical testing program on Beartrack-Arnett mill material was undertaken by Kappes Cassiday Associates Inc. (“KCA”) and followed up on prior metallurgical test programs completed on Beartrack-Arnett mill material in 2018 and 2019 (see Revival Gold news releases dated October 15th, 2018, and December 5th, 2019, and current mill material base case processing assumptions detailed in Revival Gold’s National Instrument 43-101 Technical Report on the Beartrack-Arnett Heap Leach Project dated August 2nd, 2023). The program involved the following steps: Analysis of lithology, grade, depth, and oxidation level to guide composite sample selection. Preparat...