Diamond Mountain Phosphate Project

The Project is an advanced stage exploration project consisting of approximately 4,200 hectares of State and Federal claims 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 is adjoined to the west by Simplot Corporation’s Vernal Phosphate Mine and Beneficiation Complex which reportedly produces at a rate of approximately 1 million tons per annum of concentrated phosrock grading an average of 30% P2O5.

In connection with the Utah Minerals LLC earn-in agreement, Revival Gold completed a 17 hole core drill program and 43-101 Technical Report prepared by Lawrence D. Henchel, P.Geo., PG, Northwest Corporation dated October 2014.

Highlights of the Technical Report:

  • 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.
  • Overall Inferred Resources of 27.1 million tonnes with an average grade of 19.72% P2O5 and average ore thickness of 4.41 metres.
  • The resource lies at depths below surface ranging from approximately 90 metres to 350 metres with an average dip from north to south of 8 degrees.

Project Details

INTEREST

51% interest through a joint venture earn-in agreement with Utah Minerals LLC.

LOCATION

Uintah County, Utah

Land Map

Land Map

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