Revival Gold Inc. provided an update on ongoing exploration drilling at the Beartrack-Arnett Gold Project located in Idaho, U.S.A. 2,300 meters of core drilling completed to-date of a planned 3,900-meter winter program at Beartrack-Arnett that commenced in October 2025. At Sharkey, a two-kilometer step-out target from Joss under cover, drill hole BT25-247D intercepted alteration and shearing near the bedrock contact; however, multi-element geochemical analysis showed no significant results. Beartrack-Arnett?s Panther Creek Shear Zone structure remains untested for several kilometers to the south of Joss and continues to be a high priority for future exploration.
Revival Gold?s focus has shifted back to Joss with two rigs turning, targeting the potential expansion of the high-grade underground Mineral Resources in this area, last drilled in 2022. First hole, BT26-252D, is complete having successfully intersected the target PCSZ; second hole, BT26-251D-A, is nearing the target PCSZ, drilling continues; and additional holes are planned to target resource extensions over a strike of about 500 meters and to a depth of about 550 meters. The first phase, open pit heap leach Preliminary Feasibility Study at Beartrack-Arnett and the resulting Net Asset Value estimate excludes underground Mineral Resources.
The current drill program at Joss is planned to evaluate the potential for a subsequent underground phase of operation at Beartrack-Arnett. The Beartrack-Arnett gold project is a structurally controlled orogenic gold deposit running north-south on the PCSZ. The project hosts an underground Inferred Mineral Resource of 6,745,000 tonnes grading 4.05 grams gold per tonne for 877,000 ounces of gold that is not included in the 2023 first phase open pit, heap leach PFS.
The first hole at Joss encountered ductile deformation textures and alteration that are consistent with the PCSZ structure. Alteration does not necessarily correlate with the presence or abundance of gold mineralization within the structure. The Sharkey target is a two-kilometer step-out to the south to extend the PCSZ structure.
The Sharkey target is defined by a geophysics (resistivity) anomaly that may map the PSCZ structural corridor under post-mineral cover. The target stratigraphy was intercepted in hole BT25-247D. The intercept was highly fractured and contained small vein selvages with sericitic alteration typically seen in other areas associated with the PCSZ, however, there were no geochemical anomalies in the samples from the intercept.
Extensions of the PCSZ from the Joss area to the south at Sharkey remain open for new discoveries and are a high priority future drilling.
