Any survival chance for soaked iPhone?

So I'm on vacation and I accidentally put my iPhone 4S in my pocket and went into the beach. It's 100% soaked through as I've been in the water 1 hour + any chance for survival or any tips? I currently have it in a bag of rice.

Take the battery out blow dry it

Use a fan to dry the wetness. Do not turn on your phone. It will die forever.

Maybe, I have heard stories where a total soaked phone like your worked after sitting in rice for a few weeks, don't rush it. Wait like 4 - 5 weeks if your wise, cheers.