Northwire Canada EditionTuesday, November 3, 2026
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
M&A / Property Routine +

Revival Gold to Acquire Land Contiguous to Its Mercur Gold Project

Revival secures buffer land for its Mercur project as drilling and a preliminary feasibility study advance.

By The Northwire Desk — AI Analysis Jun 08, 2026 · 07:31 RVG · 0.73 Revival Gold Inc.
Executive Summary
  • Revival Gold Inc. announced the acquisition of a 278-hectare (686-acre) private land parcel contiguous to its Mercur Gold Project in Tooele County, Utah.
  • The transaction is valued at US$1,886,912, with closing expected around July 1, 2026.
  • The company already holds mineral rights to the property; the acquisition secures a buffer zone and enables a more direct transportation route for site infrastructure, specifically linking the South Mercur mineralization zone to planned heap leach facilities in the West Mercur area.
  • The deal minimizes reliance on obtaining rights of way over Bureau of Land Management (BLM) lands and is subject to customary closing conditions.
Material Impact
  • The acquisition is an incremental, expected step in consolidating the Mercur land package, which now totals ~7,200 hectares.
  • It does not materially alter the project's economics or PFS timeline but reduces logistical and permitting risk by securing private land corridors and buffer zones.
  • The US$1.89M cost is immaterial relative to the company's ~$200M market cap and recent $33M financing.
  • The news aligns with management's stated strategy of fast-tracking engineering and permitting to reach a construction decision by 2028.
RVG · Price
Company Overview
  • Revival Gold is a pure-play gold developer advancing two U.S. assets: the Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho.
  • Mercur is a past-producing, Carlin-style gold system with a PEA projecting ~95,600 oz/year over a 10-year life, an after-tax NPV of $752M at $3,000/oz, and an AISC of $1,363/oz.
  • The company is targeting a PFS release in Q1 2027, permitting completion by end-2027, and first production in 2029.
  • Beartrack-Arnett hosts an underground Inferred Resource of ~877,000 oz at 4.05 g/t Au, with ongoing drilling to evaluate underground mining potential alongside an open-pit heap leach restart.
Read the original news release →

More from Revival Gold Inc.

Nov 02, 2026 · 07:30

Revival advances Mercur PFS and permitting toward a Q1 2027 target.

Production / Operations Oct 07, 2026 · 07:32

Revival confirms grade continuity at Joss wedge holes without adding new scale to the deposit.

Drill Results Sep 22, 2026 · 07:31

Revival’s Mercur infill drilling matched the resource grade without expanding the deposit, while headline grades declined.

Drill Results Sep 08, 2026 · 07:31

Revival Gold Completes 2026 Infill Drilling Program at Mercur Gold Project in Utah

Drill Results Aug 17, 2026 · 07:31

Mercur column leach tests confirm heap leach amenability ahead of Revival’s Q1 2027 preliminary feasibility study.

Technical Study Aug 04, 2026 · 07:31

Revival’s Joss deposit returned a thick, high-grade orogenic intercept within the existing resource footprint.

Drill Results