RVLGF - Exclusive Interview: Revival Gold (TSX.V: RVG) President and CEO Hugh Agro
(TheNewswire)
Toronto, ON / November 26, 2020 / Junior Mining Network / Revival Gold Inc. (TSXV: RVG)(OTCQB: RVLGF) is advancing the largest past-producing mine in Idahowith plans fast track it back into production.
The Beartrack-Arnett gold project, located in central Idaho, recently released a positive phase one Preliminary EconomicAssessment that outlined production of 72,000 ounces of goldannually over an initial seven-year mine life. Significant explorationpotential remains across a 10-kilometer geological structurecontrolled by Revival.
Revival Gold President and CEO Hugh Agro sits down with host PatBeechinor to discuss the path forward for the company.
For further information, pleasecontact:
Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100
Email: info@revival-gold.com
Website: www.revival-gold.com
Twitter: @revivalgoldinc
About Revival Gold Inc.
Revival Gold Inc. is a growth-focused gold exploration and developmentcompany. The Company has the right to acquire a 100% interest inMeridian Beartrack Co., owner of the former producing Beartrack GoldProject located in Idaho, USA. Revival Gold also owns rights to a 100%interest in the neighboring Arnett Gold Project.
Beartrack-Arnett is the largest past-producing gold mine in Idaho. APreliminary Economic Assessment has been completed for a first phaserestart of heap leach operations to produce 72,000 ounces of gold peryear over an initial seven-year mine life at an AISC of $1,057 perounce of gold. Meanwhile, exploration continues focused on expandingthe current Indicated Mineral Resource of 36.6 million tonnes at 1.15g/t gold containing 1.36 million ounces of gold and Inferred MineralResource of 47.1 million tonnes at 1.08 g/t gold containing 1.64million ounces of gold. The mineralized trend at Beartrack extends forover 5 km and is open on strike and at depth. Mineralization at Arnettis open in all directions.
Forward-Looking Statements
This news release containsforward-looking statements that involve risks and uncertainties, whichmay cause actual results to differ materially from the statementsmade. When used in this document, the words "may","would", "could", "will","intend", "plan", "anticipate","believe", "estimate", "expect" andsimilar expressions are intended to identify forward-lookingstatements. Such statements reflect our current views with respect tofuture events and are subject to risks and uncertainties. Many factorscould cause our actual results to differ materially from thestatements made, including those factors discussed in filings made by us with the Canadiansecurities regulatory authorities. Should one or more of these risksand uncertainties, such as actual results of current explorationprograms, the general risks associated with the mining industry, theprice of gold and other metals, currency and interest ratefluctuations, increased competition and general economic and marketfactors, occur or should assumptions underlying the forward lookingstatements prove incorrect, actual results may vary materially fromthose described herein as intended, planned, anticipated, or expected.We do not intend and do not assume any obligation to update theseforward-looking statements, except as required by law.
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