{"id":1163347,"date":"2020-02-03T12:48:23","date_gmt":"2020-02-03T18:48:23","guid":{"rendered":"https:\/\/www.mining.com\/?p=1012767"},"modified":"2020-02-03T12:48:23","modified_gmt":"2020-02-03T18:48:23","slug":"revival-gold-announces-substantial-resource-increase-at-beartrack-arnett","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1163347","title":{"rendered":"Revival Gold announces \u2018substantial\u2019 resource increase at Beartrack-Arnett"},"content":{"rendered":"<p>Revival Gold (TSXV: RVG) <a aria-label=\"has announced (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/revival-gold.com\/revival-gold-delivers-substantial-resource-increase-at-beartrack-arnett\/\" >has announced<\/a> the results of an updated mineral resource estimate completed on the company&#8217;s past-producing Beartrack-Arnett gold project located in Lemhi County, Idaho.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The new Beartrack-Arnett resource outlines an indicated mineral resource of 36.4 million tonnes at 1.16 g\/t gold containing 1.35 million ounces of gold, as well as an inferred mineral resource of 47.2 million tonnes at 1.08 g\/t gold containing 1.64 million ounces of gold, including an initial bulk underground component of 6.7 million tonnes at 2.19 g\/t gold containing 0.47 million ounces of gold.<\/p>\n<p>These results represent an increase of 11% in the indicated category and a significant 114% increase in the inferred category over the previous mineral resource estimate completed in May 2018.<\/p>\n<p>\u201cResults at Beartrack-Arnett have well exceeded Revival Gold\u2019s ambitious goals for exploration success,\u201d President and CEO Hugh Agro said.<\/p>\n<p>\u201cInferred gold resources have more than doubled while indicated gold resources are up 11% with this resource update. The deposit remains open laterally and at depth and, at its current scale, Beartrack-Arnett represents an outstanding opportunity for further growth.\u201d<\/p>\n<p>The focus of technical work will now turn to preparations for a preliminary economic assessment (PEA) on the potential restart of heap leach operations at Beartrack and plans for future exploration drilling at Beartrack-Arnett.<\/p>\n<p>Shares of Revival Gold jumped by 16.4% at midday Monday. The Toronto-based gold miner has a market capitalization of C$37.5 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Revival Gold jumped by 16.4% at midday Monday.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[949,369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1163347"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1163347"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1163347\/revisions"}],"predecessor-version":[{"id":1163410,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1163347\/revisions\/1163410"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1163347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1163347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1163347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}