by Mike Fagan
Revival Gold (TSX-V: RVG)(OTC: RVLGF) — currently trading around C$0.75 per share — has announced the start of metallurgical test work by way of a three tonne bulk sample taken from its flagship Beartrack-Arnett Gold Project, Idaho.
The primary aim of the test work will be to further evaluate heap leach recoveries to be used in the company’s upcoming PFS (Prefeasibility Study) and will also include coarse bottle roll tests to determine optimal crushing size of ore for the mill process.
Revival CEO, Hugh Agro, commented via press release:
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“To follow-up on last year’s successful PEA, this test work will provide critical technical input for the next steps in assessing the potential restart of heap leach gold production from existing infrastructure at Beartrack-Arnett. We are at an exciting stage of the project definition as this metallurgical testwork, together with Revival Gold’s 2021 drilling plans, will set the foundation for a mineral resource update in early 2022, a PFS and potentially, a decision to proceed with the first phase restart of gold production at Beartrack-Arnett in late 2022.”
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Additionally, the Revival team has put together a brief 7-minute video presentation that does an excellent job explaining the structural controls of the Beartrack-Arnett deposit in 3D, the potential for delineation of additional high-grade shoots at the Joss Zone where 2,500 meters of drilling is now underway, and the incredible amount of infrastructure already in-place at the project.
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I found the video very informative… almost like making a site visit to the property with management and key technical advisors on-hand to answer your questions — all from the comfort of your own home. Enjoy!
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Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest and Hard Asset Digest readers.