Mike Fagan,
Editor
May 27, 2025
Revival Gold Inc. (TSX-V: RVG)(OTC: RVLGF) — currently trading around C$0.50 per share in a near record gold market — has commenced its 2025 field season at the co-flagship Mercur and Beartrack-Arnett gold projects in Utah and Idaho, respectively.
Combined, Revival is sitting on a resource of ~6.2 Moz Au across all categories [Mercur ~1.64 Moz Au Inferred; Beartrack-Arnett ~4.6 Moz Au M&I plus Inferred] making RVG one of the largest junior gold development companies by ounces in the ground in the United States.
Revival Gold CEO Hugh Agro — whom you’re about to hear from directly in our exclusive interview coming right up — commented on the accelerated progress at both Mercur and Beartrack-Arnett via press release:
“Field work is well underway at Mercur and we are excited about the opportunities to add value to the project through drilling, metallurgical de-risking, and the collection of archeological data to support permitting. At Beartrack-Arnett, we’ve prioritized exploration of the project’s exciting high grade underground potential. We are in the enviable position of owning two high quality development projects. The projects naturally sequence with Mercur expected to be the first to production and Beartrack-Arnett offering our shareholders significant upside potential through ongoing exploration.”
Mercur Gold Project Update
At Mercur, a soil sampling program covering approximately 5.7 sq km has been completed by North American Exploration Services Inc.
The program included the collection of roughly 1,000 soil samples and is intended to establish a geochemical baseline to help guide future resource conversion and expansion drilling to the north and west of the historically mined Main Mercur area.
Assays are expected to be submitted in late May with results anticipated this summer.
In support of drill permitting, Bighorn Archaeological LLC completed several new archaeological surveys this spring. Additional survey work is planned for later this year to further support mine permitting efforts.
RVG’s technical team has also completed collar design and site reconnaissance for a proposed 13,000-meter reverse circulation and core drill program scheduled for later in the year.
Permit applications for the South, Main, and Rover target areas have been submitted to the Utah Division of Oil, Gas and Mining. Approvals are expected this summer with the initial phase of drilling focused on metallurgical testing, resource conversion, and resource expansion.
Site preparation is ongoing, including the expansion of core logging and storage facilities.
Beartrack-Arnett Gold Project Update
At Beartrack-Arnett, Revival has submitted approximately 60 kg of core samples from the Joss target to Dundee Sustainable Technologies for metallurgical testing.
The testing will evaluate the applicability of DST’s GlassLock arsenic stabilization process and CLEVR non-cyanide gold extraction process on arsenopyrite-rich mineralization.
Preparations are also underway for a 4,000-meter follow-up drill program targeting areas along strike and south of Joss. Drill permits are in place, and fieldwork is expected to begin later this year.
Additional baseline environmental studies for the project’s heap leach phase are also planned.
The project — which boasts robust infrastructure in place, including an ADR plant (gold processing facility), an 11,000 sq ft core facility, solution ponds, hydropower, and a water treatment facility — holds the distinction of being Idaho’s largest past-producing gold mine.
The relative close proximity of Mercur to Beartrack-Arnett (and the aforementioned infrastructure) brings with it the potential for future heap leach gold production synergies across the two formerly-producing mine sites where RVG is targeting combined production of ~150,000 gold ounces per year.
Again, we’re talking about a pair of high-potential gold development projects, at a combined ~6.2 Moz Au, situated within the ultra-safe confines of the United States that are only about a six-hour drive from one another — all at a sub-C$100M market cap.
Revival Gold is entering an exciting phase with multiple catalysts on the near-term horizon that could significantly boost the value of its ongoing exploration and development efforts at the two co-flagships.
Now, as promised, and with gold trading near record highs above US$3,300 per ounce, our own Gerardo Del Real of Junior Resource Monthly caught up with Revival Gold CEO Hugh Agro to discuss the plans and process for advancing both Mercur and Beartrack-Arnett toward production. Please enjoy!
To learn more about Toronto-based Revival Gold Inc., please contact the company’s IR department at 416-366-4100 or via email at info@revival-gold.com.
Visit the Revival Gold corporate website and sign up to receive updates directly from the company here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Revival Gold Inc.
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