Revival Gold (TSXV: RVG) this morning announced drill results from the first ten holes of its 2020 exploration program at its Beartrack-Arnett Gold Project in Idaho. Highlight results from the program include 2.29 g/t gold over 45.7 metres along with 2.41 g/t gold over 43.9 metres in two separate holes.
The two highlights from the drill program both occurred at the Joss target, which is located on the southern end of the Beartrack property. The program here was focused on testing for a conceptual underground mining target. Here, Hole BT20-227D hit the highlighted 2.41 g/t gold over 43.9 metres at a depth of 352 metres, with numerous intervals occurring in the hole through to 393.2 metres.
Hole BT20-235D meanwhile reported the highlight value of 2.29 g/t gold over 45.7 metres beginning at a depth of 377.3 metres, through to a depth of 423.1 metres. A sub-interval of 4.58 g/t gold over 10.1 metres was intersected here as well.
Sponsored · Cambria Gold Mines
Five cores within the program meanwhile were drilled between the North and South Pits on the property in the central area of the property. Continuity of mineralization was confirmed over 400 to 600 metres of strike, with mineralization remaining open to depth. The highlight here comes from hole BT20-230D, which intersected 0.51 g/t gold over 30.8 metres.
Finally, three drill holes were conducted at the Rabbit target. Effectively, the results were dusters, with the company stating that drilling conditions were difficult, with no significant mineralization of gold found. The company intends to do follow-up drilling however as a result of trace elements found in the core.
Revival Gold last traded at $0.68 on the TSX Venture.
Information for this briefing was found via Sedar, and Revival Gold. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Bank Of America Lowers Gold Price Target To $2000? – The Daily Dive feat John-Mark Staude
Returning to the Daily Dive today is that of John-Mark Staude of Riverside Resources (TSXV:...