Beartrack-Arnett Heap Leach Project — 2023 Technical Report

Company Revival Gold Inc.
Mine Beartrack-Arnett
Date 2023
Region Lemhi County, Idaho, USA
Commodities Gold

Executive Summary

This Preliminary Feasibility Study (PFS) outlines the technical and economic viability of restarting the Beartrack-Arnett Heap Leach Project in Lemhi County, Idaho. The project involves open pit mining of approximately 39.9 million tons of ore from the Beartrack and Haidee deposits, processed through a mobile crushing circuit and heap leaching to produce gold doré. The estimated mine life is 8.1 years with an average annual production of 65,324 ounces of gold.

The processing plant utilizes an existing refurbished Adsorption-Desorption-Recovery (ADR) facility. Ore is crushed to 100% passing 1½ inches and stacked on leach pads. Gold is recovered via cyanide leaching, adsorption onto activated carbon, stripping using a modified pressure Zadra process, and electrowinning. The project economics are based on a gold price of $1,800/oz, showing a Net Present Value (NPV) of $130 million (before tax) and an Internal Rate of Return (IRR) of 27.7% (before tax).

Key risks include sensitivity to gold price, geotechnical conditions, and permitting delays. The project leverages existing infrastructure, including power lines and water systems, to minimize new disturbance. Recommendations include further metallurgical testing and environmental baseline studies to advance to a Feasibility Study.

Reports

Website: https://revival-gold.com/beartrack-arnett-gold-project/

Report Date: 2023

Region: Lemhi County, Idaho, USA

Project Status:

Commodity: Gold

Throughput: 

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Mine Type: 

Ore type: 

Mineral processing basics

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