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More high-grade hits at Revival's Beartrack

The final eight holes of Revival Gold’s (CN:RVG) 11,000m programme at the past-producing Beartrack gold project in Idaho, US, has given the company food for thought as it cements its 2018 exploration plan.
More high-grade hits at Revival's Beartrack More high-grade hits at Revival's Beartrack More high-grade hits at Revival's Beartrack More high-grade hits at Revival's Beartrack More high-grade hits at Revival's Beartrack

Revival Gold has had plenty of drill core to look through as of late

Staff reporter

The company has intercepted some significant gold mineralisation in drilling in the past year, and the latest intervals are no different.
 
Highlights from the eight holes released this week include 67.5m averaging 3.51g/t Au from 98.6m depth and 51.9m at 2.76g/t Au from 53.6m depth. The first came from the Ward's Gulch area, with the second at the South Pit.
 
They come on top of highlights for the first four holes of the programme, which included 65.1m of mineralisation grading 1.94g/t from 74.2m depth, 60.4m at 1.73g/t from 78.3m depth and 37.1m averaging 1.39g/t from 144.5m depth.
 
The latest holes were targeted specifically to confirm historic drilling completed by former owner Meridian Beartrack.
 
Last year, the Toronto-listed junior changed its name, was granted an option by Yamana Gold (US:AUY) to explore the past-producing Beartrack property, expanded its presence in Idaho and received just over C$9 million (US$7.1 million) in a private placement
 
 
The company is currently finalising details for its 2018 exploration programme at Beartrack, which is fully permitted and will include around 8,000m of core drilling. 
 
At the same time, it is planning drill hole locations for 2019 so that a Plan of Operations (PoO) can be submitted to the United States Forest Service (USFS) in 2018 for permit approval in time for the 2019 drilling season, Revival said.
 
At the neighbouring Arnett Creek gold project, which Revival only acquired in June last year, a PoO has been submitted to the USFS. When approved, this will allow for the construction of up to 53 drill sites at the asset with some 2,000m of core drilling planned later in 2018.