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Revival Gold Intersects 1.5 g/t Gold Over 15.8 Meters and 1.07 g/t Gold Over 18.0 Meters in Near-Surface Oxides at Haidee
TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce results from th
About this update from Revival Gold Inc
[{"type":"text","content":" TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce results from the final six of eighteen core holes drilled in the Haidee deposit area during the Company’s 2022 exploration program at the Beartrack-Arnett Gold Project (“Beartrack-Arnett”) located in Idaho, USA. Each of the six holes released today intersected above cut-off grade, near-surface oxidized gold mineralization. Highlights 1.51 g/t gold over 15.8 meters1 in AC22-086D 1.07 g/t gold over 18.0 meters1 and 0.45 g/t gold over 13.2 meters1 in AC22-089D 0.70 g/t gold over 27.1 meters1 in AC22-099D 0.42 g/t gold over 19.9 meters1 in AC22-093D 1 True width is estimated to be greater than 70% of drilled width. The 2022 drilling program at Haidee was designed to upgrade and expand the deposit’s current heap leachable Inferred Mineral Resource. A total of 18 holes were completed for approximately 2,900 meters. Results released today from the final six holes of the 2022 drilling program include a couple of high-grade gold intercepts at a tenor not typically encountered in oxidized mineralization at Haidee. These results point to the possibility for continued expansion of the deposit to the south-west in potentially higher-grade material with a lower strip ratio. “We’ve wrapped up the 2022 Haidee infill and expansion drill program with gold mineralization intersected directly from surface and intriguing high-grade results in the south-west quadrant of the deposit”, said Hugh Agro, President and CEO. “These results bode well for the updated Mineral Resource for Haidee and the successful completion of this year’s Pre-Feasibility Study on the first phase re-start of heap leach operations at Beartrack-Arnett. The gold deposit at Haidee benefits from very favourable metallurgical recoveries, the presence of little or no deleterious elements, a shallow depth of mineralization and advantageous topography. Any future enhancement to grade at Haidee will therefore have a compounding impact on potential economics”. Details: Detailed results for drill holes released today are presented in the table below: Hole Number Area Azimuth(deg.) Dip(deg.) From (m) To (m) Drilled Width1 (m) Fire Assay Gold Grade (g/t) AC22-086D2 Haidee 63 -62 16.7 21.3 4.5 1.82 Incl. &nbs...