Northwire Canada EditionSunday, November 8, 2026
Northwire
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Revival Gold Drills 2.8 g/t gold over 74 meters Including 8.0 g/t over 12 meters at the Mercur Gold Project in Utah

“High‑grade 2.8 g/t Au intercepts at Mercur boost pre‑feasibility outlook”

Executive Summary
  • On 7 Apr 2026 Revival Gold released final 2025 drilling results from its Mercur Gold Project (Utah).
  • Highlight intercepts: 2.8 g/t Au over 74 m (including 8.0 g/t Au over 12 m) in the South Mercur zone; additional lower‑grade shoots of 1.1 g/t and 1.0 g/t Au over ~80 m.
  • The company will restart drilling later April and has a ~16,000 m Q2 2026 program to feed a Pre‑Feasibility Study (PFS) slated for Q1 2027.
  • Management stresses that these high‑grade shoots could add significant value to the existing heap‑leach operation and underpin future underground development across the 7,200‑ha Mercur land package.
Material Impact
  • Positive materiality: The intercepts are substantially higher grade and thicker than most prior releases (e.g., 4.2 g/t over 25 m on 4 Mar 2026). An 8 g/t core over 12 m is rare for a Carlin‑style system outside Nevada and materially improves the resource’s grade‑base and potential underground economics.
  • Alignment with expectations: Earlier news (Feb‑Mar 2026 outlook, Apr‑02 acquisition closure) set expectations of “big year” drilling and a Q1 2027 PFS. The new results meet and exceed those expectations, reinforcing the projected timeline.
  • Improvement vs. prior misses: No missed targets; instead, the data adds upside to both the heap‑leach and prospective underground phases, reducing risk on the upcoming PFS.
RVG · Price
Company Overview

Revival Gold Inc. is a junior gold explorer focused on two North‑American projects:

  1. Mercur Gold Project (Utah, USA) – 7,200 ha Carlin‑style system; historic heap‑leach operation (≈100 k oz/yr) plus extensive oxide and sulphide resources. Recent drilling upgrades resource grade and expands the underground potential.
  2. Beartrack‑Arnett Gold Project (Idaho, USA) – high‑grade underground target (Joss zone) with promising metallurgical test results (GlassLock process).

The Mercur project is the flagship, slated for a PFS in Q1 2027 and production targeted for 2029.

Read the original news release →

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