Why Invest
Revival Gold (TSXV:RVG, OTCQX: RVLGF) offers investors exposure to the Beartrack-Arnett development-stage gold exploration and mining project in the tier one jurisdiction of Idaho, USA.
Revival Gold (TSXV:RVG, OTCQX: RVLGF) is advancing a phased development plan for the Beartrack-Arnett gold project to reduce the initial capital required to bring it back into production. The initial development will be a low-cost open pit heap leach gold operation which is expected to be followed in later years by a mill development to process sulphide material.
Beartrack-Arnett is the largest past-producing gold mine in Idaho. The site comes with considerable existing infrastructure including a hydro power line, an ADR gold processing facility and access roads. As a brownfield site, the surface disturbance from mining operations will be less than for a greenfield development. The project will use hydro power which means the carbon dioxide footprint of each ounce produced is expected to be very competitive compared with other gold mines.
The Beartrack-Arnett deposits have significant exploration potential to add additional gold ounces along strike and at depth, with potential to both extend the mine life and the annual production profile. The company continues to generate targets to explore within trucking distance of any future processing facility.
As a brownfield site, Beartrack-Arnett offers considerable data from the past performance of the previous mine, including metallurgical recovery, which helps de-risk potential future mine development. The company’s team also includes several key people who worked at the the past producing Beartrack mine and that bring their knowledge and experience to the current development plan.
Revival Gold (TSXV:RVG, OTCQX: RVLGF) runs a tight ship to control exploration costs and manage shareholder funds responsibly. This approach has enabled the company to manage its share count and the underlying value of each share.
Beartrack-Arnett is located in rural Idaho and it has the potential to provide a significant boost to the local economy as a result of the employment, economic and infrastructure opportunities that the mine will generate. The project is a significant asset for the community and state, and it could help the local community thrive, as it has done in the past.
The management team at Revival Gold (TSXV:RVG, OTCQB:RVLGF) is comprised of industry veterans who have decades of experience including the financing, construction and safe operation of gold mines in Idaho, USA and around the world.