Revival Gold Achieves Major Breakthrough with DST
TORONTO — Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) has announced significant advancements from metallurgical testing in partnership with Dundee Sustainable Technologies (DST). This innovative collaboration aims to assess DST's Glasslock Process, proving beneficial for a high-grade sample taken from the Joss deposit at the Beartrack-Arnett Gold Project.
Highlights of the Advancement
Improvement in Concentrate Quality
The testing revealed an impressive enhancement, where the concentrate gold grade increased by 31% while arsenic content was drastically reduced by 99%. Such results are promising for the potential extraction processes at Beartrack-Arnett.
Global Application of the Glasslock Process
DST's Glasslock Process has a proven track record and has been effectively utilized at an industrial scale at locations such as the Tsumeb smelter facility in Namibia. Its successful application globally underscores the potential benefits for Revival Gold's operations.
Future Exploration Plans
To extend the potential of the Beartrack-Arnett Project, a 3,900-meter core drilling program is set to begin soon. This initiative aims to explore and further develop the underground high-grade resource identified so far.
Leadership Insights on the Partnership
Revival Gold’s President & CEO, Hugh Agro, expressed enthusiasm about the partnership, stating that DST's Glasslock Process offers the opportunity to market a direct-to-smelter gold concentrate. This could create a second phase for underground operations, building towards a future phase that follows the anticipated open pit heap leach process.
Jonathan Goodman, President & CEO of Dundee Corporation, commented on their strategic investment in Revival Gold, recognizing the significant value DST can bring in unlocking potential from high-grade sulphide material.
Presentation of Results
The impressive findings from the metallurgical testing will be showcased by Revival Gold’s Vice President of Engineering & Development, John Meyer, at an upcoming industry meeting. This presentation will outline the advancements made and insights garnered from the testing programs.
Background on Revival Gold Inc.
Revival Gold has established itself as a noteworthy entity in the U.S. gold development landscape. The company is actively progressing projects like the Mercur Gold Project in Utah while advancing assessments at Beartrack-Arnett in Idaho. Revival Gold is committed to sustainable mining practices and responsible exploration, bringing new opportunities to the gold sector.
Contact Information for Inquiries
If you wish to learn more about Revival Gold's projects or the latest advancements, feel free to reach out to:
Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO
Telephone: (416) 366-4100 or Email: info@revival-gold.com
Frequently Asked Questions
What is the Glasslock Process and why is it important?
The Glasslock Process is a metallurgical method developed by DST to enhance the recovery of gold while minimizing arsenic content, making it crucial for environmental compliance and economic efficiency.
What does the increase in gold grade signify for Revival Gold?
An increase in gold grade signifies improved extraction profitability and better product quality, paving the way for successful operations and market competitiveness.
How is the exploration program expected to progress?
The exploration program will focus on drilling to identify and expand the underground high-grade potential at Beartrack-Arnett, aiming for a better understanding of the resource.
Who are the key players involved in this partnership?
The partnership involves Revival Gold Inc., led by Hugh Agro, and Dundee Sustainable Technologies, led by Jonathan Goodman, both focusing on gold extraction efficiencies.
When will the next steps be presented?
The next steps and results from the ongoing testing program will be presented during an upcoming industry event, providing updates on the partnership’s progress.
