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Lynn Fosse, Senior Editor
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Pursuing a Revival in Gold
VP and CFO
Revival Gold Inc.
Interview conducted by:
Lynn Fosse, Senior Editor, CEOCFO Magazine, Published
December 9, 2019
CEOCFO: Mr. Rochacewich, what is the concept behind Revival Gold, Inc? What are you looking for now?
Mr. Rochacewich: Revival Gold was put together in 2017 to take advantage of the growing discrepancy between the rate of the global gold production and the decreasing rate of discovery of new deposits. With a strong, experienced team and focusing on safe, stable jurisdictions the goal is to build the next great growth company in gold by taking advantage or what we feel is a great timing opportunity. The market is starting to take interest in gold mining and exploration again and we are putting the company in a position to take advantage of improving sentiment.
CEOCFO: What projects are you working on today?
Mr. Rochacewich: Our flagship property, the Beartrack-
Just prior to signing the Beartrack agreement with Yamana, Revival Gold consolidated the land package next door to Beartrack, known as the Arnett Gold project. Arnett is host to historic placer mining (mining of alluvial deposits for minerals) and plenty of historic exploration work – drilling, metallurgical work, etc. Revival Gold will combine that work with drilling, metallurgical, geophysical and other work it has completed over the past two years to produce a NI 43-
CEOCFO: Why did you like these two projects, initially? What gave you the feeling they could be meaningful?
Mr. Rochacewich: Beartrack is a brownfield operation; a fairly recently producing open-
Adding Arnett to the story, the Beartrack-
CEOCFO: Did you find what you expected so far?
Mr. Rochacewich: Because of all of the historic work, and past mining at Beartrack, we knew the mineralized area was large with a lot of potential. We knew it is a big gold system. Revival Gold’s work has expanded the potential scope of the project but has yet to find an end to the mineralization. We’re excited by what the next season of exploration will bring.
CEOCFO: What is next?
Mr. Rochacewich: In the first quarter of 2020 we plan on issuing an updated NI 43-
CEOCFO: Are there newer techniques or technologies that you are able to take advantage of today or it is pretty much tried and true in mining?
Mr. Rochacewich: Many of the core exploration activities are tried and true – rock sampling, drilling/assaying, metallurgical test work, geophysics, etc. But the tools used to execute those activities are always advancing. Information is available much more quickly than it was previously due to improving technology. For example, lidar aerial mapping allows for a much more detailed and precise topographic mapping. The software and databases we use allow for quicker and more accurate processing and modeling of drill results and geophysical information.
CEOCFO: What about your interest in the Diamond Mountain phosphate project? Where does that come into play?
Mr. Rochacewich: The Diamond Mountain phosphate project in Utah pre-
CEOCFO: How do you stand out at conferences? There are so many companies and lots of potential investors. What do they look for? What can you tell them that puts Revival Gold at the top of their list?
Mr. Rochacewich: Number one is the team. We have a very strong board of directors and management team who have a lot of experience in, not only developing projects from an early exploration and development stage through to production, but also creating significant value for shareholders. The team has the technical and capital markets experience required to build a growth company in gold. Secondly, we are focused on safe, mining-
CEOCFO: Is that unusual these days?
Mr. Rochacewich: I think it’s difficult to over-
CEOCFO: Why choose Revival Gold?
Mr. Rochacewich: A proven and driven team, focused on stable jurisdictions and creating shareholder value. The advanced Beartrack-
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“We have a very strong board of directors and management team who have a lot of experience in, not only developing projects from an early exploration and development stage through to production, but also creating significant value for shareholders.”