Toronto-based Revival Gold has announced the results of an updated mineral resource estimate on the company’s Beartrack-Arnett gold project in the U.S. state of Idaho.
The updated mineral resource is based on drill results through the end of 2021 and comprises an “Indicated Mineral Resource of 65.0 million tonnes at 1.01 g/t gold containing 2.11 million ounces of gold1, an increase of 56% over the 2020 Indicated Mineral Resource” and an “Inferred Mineral Resource of 46.2 million tonnes at 1.31 g/t gold containing 1.94 million ounces of gold, an increase of 19% over the 2020 Inferred Mineral Resource,” the business said in a state-ment.
“Revival Gold’s technical progress over the past two years validates our confidence in project geology and the potential we see for Bear-track-Arnett to continue to grow,” said Hugh Agro, the president and CEO of Revival Gold.