Revival Gold Inc. , is pleased to report results from eight core drill holes completed in connection with the Company's 2023 exploration campaign at the Beartrack-Arnett Gold Project located in Idaho, USA. Each of the eight holes released today is from the Haidee deposit area and intersected above cut-off grade, near surface oxide gold mineralization. Highlights 3.93 g/t gold over 20.6 meters1 including 19.6 g/t gold over [...]
Revival Gold Inc. , is pleased to report on the Company's 2023 exploration campaign at the Beartrack-Arnett Gold Project located in Lemhi County, Idaho, USA. Highlights Revival Gold has completed 15 holes and 3,100 meters of this season's drill program. Assay results have been received for the first two drill holes located in the Roman's Trench target area. AC23-104D intersected 0.66 g/t gold over 7.0 meters drilled width [...]
Revival Gold Inc. , is pleased to announce favourable results from a third stage of metallurgical testing on mill material from the Beartrack-Arnett Gold 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 [...]
Revival Gold Inc. , is pleased to announce that it has closed the previously announced termination of a 1% Net Smelter Royalty on sixteen claims that comprised approximately 133 hectares within Revival Gold's Beartrack-Arnett 5,800 hectare project area. Revival Gold delivered the following in exchange for extinguishing the 1% NSR on the HAI and Gold Bug Claims: C$75,000 cash payment; and 200,000 common shares of Revival [...]
Revival Gold Inc. , is pleased to announce that it has reached an agreement to terminate a 1% Net Smelter Royalty on sixteen claims that comprised approximately 133 hectares within Revival Gold's Beartrack-Arnett 5,800 hectare project area. The HAI and Gold Bug Claims were acquired by Revival Gold in 2017 subject to a 1% NSR with an option for the Company to buyback the 1% NSR for a price of US$2 million. The claims are [...]
Revival Gold Inc. , is pleased to announce the appointment of Larry P. Radford to the Company's Board of Directors, with immediate effect. Mr. Radford brings over 35 years of leadership and operational experience in the mining industry. Most recently, Mr. Radford served as President & CEO, and Director of Argonaut Gold Inc., where he led the 200,000 ounce per year gold producer and oversaw a turn around of the Magino [...]
Revival Gold Inc. , has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Beartrack-Arnett Heap Leach Project , titled "Preliminary Feasibility Study NI 43-101 Technical Report on the Beartrack - Arnett Heap Leach Project, Lemhi County, Idaho, USA" . The Technical Report supports disclosure made by the Company in its news release [...]
Revival Gold Inc. , is pleased to report impressive continued growth in the Company's Mineral Resources and the completion of a Preliminary Feasibility Study on the potential open pit heap leach restart of the Beartrack-Arnett Gold Project located in the western United States. Mineral Resource Update Highlights The updated Mineral Resource is based on 172,244 meters of drilling through the end of 2022 and contains: A [...]
Revival Gold Inc. , is pleased to report on the Company's 2023 exploration campaign at the Beartrack-Arnett Gold Project located in Lemhi County, Idaho, USA. Over the course of the past six months Revival Gold has focused on the updated Mineral Resource and Preliminary Feasibility Study which are expected to be completed on Beartrack-Arnett within the next 4-6 weeks. Meanwhile, the Company has progressed data compilation [...]
Revival Gold Inc. , is pleased to announce the successful completion of its previously announced brokered private placement for gross proceeds of C$6,159,998.00 . The Offering was led by Beacon Securities Limited and Paradigm Capital Inc. as co-lead agents and joint bookrunners. Under the Offering, the Company sold 11,846,150 units at a price of C$0.52 per Unit. Each Unit consisted of one common share of the Company and [...]
Revival Gold Inc. , is pleased to announce that it has entered into an agreement with Beacon Securities Limited and Paradigm Capital Inc. to act as co-lead agents and joint bookrunners in connection with a "best efforts" private placement of a minimum of 9,616,000 units of the Company at a price of C$0.52 per Unit for minimum gross proceeds to the Company of approximately C$5 million and a maximum of up to 11,846,153 [...]
Revival Gold Inc. , is pleased to provide an update on the Company's first phase heap leach restart Prefeasibility Study underway on the Beartrack-Arnett Gold Project located in Lemhi County, Idaho, USA. The PFS is being led by industry leaders Kappes Cassiday & Associates and Independent Mining Consultants Inc. . The PFS remains on track for completion by mid-2023. Key developments are as follows: IMC has developed draft [...]