Northwire Canada EditionSaturday, July 11, 2026
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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 →

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Jun 25, 2026 · 07:31

Revival extends the Joss Depth to 850 meters while maintaining the Mercur pre-feasibility study timeline.

Drill Results Jun 01, 2026 · 07:31

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M&A / Property May 14, 2026 · 07:30

Revival Gold Advances Mercur Project With A View To Be Utah's Next New Operating Gold Mine

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Financings Apr 28, 2026 · 07:30

Revival Gold Mobilizes Capital for Mercur Drilling, But Production Funding Gap Remains Critical

Drill Results Apr 21, 2026 · 17:55

Revival Gold Raises Capital to Fuel Mercur PFS and Beartrack Drilling

Financings