Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Revival Gold drills 25 m of 4.2 g/t Au at Mercur project

RVG · Price

Executive Summary

  • Revival Gold Inc. released assay results from 18 additional drill holes at its Mercur gold project in Utah, highlighting high-grade intersections in both the South Mercur and Main Mercur areas.
  • The company completed its 2025 drilling program in December with 115 RC and core holes, with 107 holes released to date; final results are expected later this month.
  • Data from the drilling program will support a planned prefeasibility study targeting a release in Q1 2027, aiming to restart gold production at the historic Mercur site.

Key Details

  • South Mercur Intersections:
    • Hole RMC25-028: 4.2 g/t gold over 25 metres (starting at 43 metres downhole), including a higher-grade interval of 9.8 g/t gold over 5.7 metres (starting at 55 metres downhole).
  • Main Mercur Intersections:
    • Hole RMC25-025: 6.5 g/t gold over 7.1 metres (starting at 35 metres downhole).
    • Hole RM25-169: 0.79 g/t gold over 32 metres (starting at 50 metres downhole).
  • 2025 Drilling Program Status:
    • Program finished in December.
    • Total holes completed: 115 (RC and core).
    • Holes released to date: 107.
  • Future Schedule:
    • Final results from the 2025 program expected later this month.
    • 2026 drilling program scheduled to start in April.
  • Development Milestones:
    • Data supports a prefeasibility study targeting release in Q1 2027.
    • Goal is to restart gold production at Mercur.
  • Property Interests:
    • Interests optioned from Barrick Resources (USA) Inc. and others.

Notable Quotes

  • "Mercur was the first Carlin-style system mined in the U.S. Great Basin and a substantial portion of the project's historical gold production was sourced from high-grade ore. Today's near-surface drill results mark the first reported by Revival Gold for the South Mercur area. The high-grade intercepts encountered by the company highlight the robust nature of gold zones that occur in the Mercur system and point to the exciting exploration opportunity we see ahead," said Hugh Agro, president and chief executive officer.
  • "Final results from the 2025 Mercur drilling program are expected later this month and the company's 2026 Mercur drilling program is scheduled to start in April," added Mr. Agro.
Read the original news release →

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