Revival Gold's Ongoing Drilling Success at Mercur
Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) is excited to share encouraging developments from the shallow drilling program at the Mercur Gold Project. This project is gaining attention for its promising mineralization, showing strong initial results that could pave the way for resource enhancement and economic viability.
Drilling Program Highlights
The company has successfully completed a total of 53 holes, amounting to more than 5,300 meters of drilling as part of their ambitious 13,000-meter program. This early phase is critical to the project's exploration goals and assessing mineral potential.
Significant Assay Results
Among the significant findings from the first nine reverse circulation drill holes, notable grades showcased include:
- RM25-100, which intersects an impressive 1.04 g/t gold over 19.8 meters.
- RM25-094, which yielded 0.85 g/t gold over a width of 21.3 meters.
- Additional promising intersections include RM25-096 with 0.73 g/t gold over 22.9 meters and RM25-101 at 0.63 g/t gold over 22.9 meters.
Current Drilling Operations
With ongoing drilling activity, Revival Gold is employing two reverse circulation rigs and one core rig focused on delineating the project's mineral resources. The results gathered thus far validate the Inferred Mineral Resource and metallurgical models established in the company's Preliminary Economic Assessment (PEA).
President's Insights
Hugh Agro, President & CEO of Revival Gold, expressed his optimism regarding the program's initial findings. "We are satisfied with the progress at Mercur; the grades identified in the first ten holes affirm our expectations for mineralization and recovery rates. We anticipate releasing more assay results in the following weeks as analysis continues," Agro stated.
Company Overview and Future Directions
Revival Gold, a prominent developer in the U.S. gold sector, is firmly focused on advancing the Mercur Gold Project along with exploration efforts at the Beartrack-Arnett Gold Project in Idaho. Committed to sustainable mining practices and community engagement initiatives, the company is well-positioned for future growth.
As a publicly traded company, Revival Gold continues to attract interest from investors, reflecting confidence in its strategic direction and operational expertise. The company’s growth strategy emphasizes responsible development practices, aiming to yield significant returns for its stakeholders while adhering to environmental standards.
Quality Assurance and Control
The company employs rigorous quality assurance and quality control measures, ensuring that their sampling and assays meet the highest industry standards. Sample analyses are conducted meticulously, and any discrepancies are thoroughly investigated. This level of scrutiny reinforces the reliability of the reported findings.
Contact Information
For those interested in learning more about Revival Gold, please reach out to: Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO at (416) 366-4100 or by contacting info@revival-gold.com.
Frequently Asked Questions
What recent drilling results were reported by Revival Gold?
Revival Gold reported significant intersecting grades, including 1.04 g/t gold over 19.8 meters and 0.85 g/t gold over 21.3 meters in their recent drilling campaign.
Where is the Mercur Gold Project located?
The Mercur Gold Project is situated in the state of Utah, focusing on expanding gold resource extraction potential through advanced drilling techniques.
How many drill holes have been completed in the recent program?
The company has completed 53 drill holes as part of its planned 13,000-meter drilling program, demonstrating its commitment to exploring and developing the project.
What are the company's future plans?
Revival Gold aims to continue drilling operations, further analyze assay results, and enhance resource delineation at the Mercur Project while maintaining a focus on sustainable mining practices.
Who can be contacted for more information about Revival Gold?
For additional details or inquiries regarding the company, individuals can reach out to Hugh Agro, President & CEO, or Lisa Ross, Vice President & CFO directly at (416) 366-4100 or via the provided email contact.
