Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results Material +

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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