The Project borders Simplot’s Vernal Phosphate Mine and Beneficiation Plant which is connected by a direct slurry pipeline to Simplot’s fertilizer plant in Wyoming.
The Diamond Mountain Phosphate Project is an advanced stage exploration project located in Uintah County, Utah. Revival Gold Inc. acquired a 51% interest in the project through a joint venture earn-in agreement with Utah Minerals LLC in December 2014.
Previous phosphate exploration work at Diamond Mountain was conducted in the 1960-70’s by US Steel Corp. which outlined phosphate mineralization in two gently dipping seams of phosphoric rock totaling approximately five meters in thickness. Mineralization sub-crops to the north and gently dips to the south.
The Project encompasses approximately 550 hectares and is adjoined to the west by Simplot Corporation’s Vernal Phosphate Mine and Beneficiation Complex. The Simplot Complex reportedly mined 2.9 million tonnes of ore at 19% P2O5 generating 1.1 million tonnes of concentrate at 30% P2O5 in 2023 (Source: Utah Geological Survey). The concentrate is transported by an underground slurry pipeline approximately 150 kilometers to Simplot’s fertilizer plant near Rock Springs, Wyoming.
In connection with the Utah Minerals LLC earn-in agreement, Revival Gold completed a 17-hole core drill program, Mineral Resource estimate and 43-101 Technical Report prepared by Lawrence D. Henchel, P.Geo., PG, Northwest Corporation, dated October 2014.
Overall Measured & Indicated Resources of 33.9 million tonnes with an average grade of 19.75% P2O5 and average ore thickness of 4.46 metres.
The Project borders Simplot’s Vernal Phosphate Mine and Beneficiation Plant which is connected by a direct slurry pipeline to Simplot’s fertilizer plant in Wyoming.
The deposit is open in all directions.
