Revival Gold Lands C$29M from Dundee & EMR: Drills Now Spinning at Mercur

Revival Gold Inc. (TSX-V: RVG)(OTC: RVLGF), currently trading around C$0.53 per share in a near record gold market, has successfully closed a ~C$29 million financing — a transformational milestone backed by two highly respected institutional investors, Dundee Corporation and EMR Capital.

Dundee and EMR bring top-tier gold‑sector credibility: Dundee is a well‑known mining-sector investor and merchant bank behind major discoveries by the likes of Kinross, Osisko, and Homestake, while EMR is a global private equity specialist with decades of operational expertise in building and optimizing resource projects around the world.

The newly completed non-brokered private placement includes C$13.68 million in new funding alongside EMR’s strategic C$15.4 million placement, solidifying Revival’s financial position at a critical inflection point for the company.

With the closing of this long-anticipated capital injection, Revival now has the backing and funding it needs to rapidly advance its dual-flagship strategy: the Beartrack-Arnett gold project in Idaho and the recently acquired Mercur gold project in Utah. 

Combined, the projects host an NI 43-101-compliant resource of 6.2 million gold ounces across all categories in two safe, Tier-1 US jurisdictions.

Revival Gold project locations and details

Drilling is underway at Mercur with one rig turning [and a second rig on the way] on a 13,000-meter program aimed at resource expansion and feasibility work. 

Mercur project details

A third rig is slated to begin drilling at Beartrack-Arnett later this year targeting high-grade zones and continued resource growth.

Beartrack-Arnett project details

The recently completed financing marks the arrival of high-conviction strategic capital — a clear signal that RVG is on the fast track toward near-term US gold production in one of the strongest gold markets in history. 

With gold trading above US$3,400 an ounce, the company’s heap leach gold development strategy and growing resource base place it firmly in the spotlight as one of North America’s most compelling pure-gold development stories. 

Further exploration, engineering, and permitting news is expected throughout 2H 2025 and beyond — creating a steady stream of news flow and potential needle-driving catalysts in a near-record gold market.

For a closer look, our own Gerardo Del Real of Junior Resource Monthly caught up with Revival Gold CEO Hugh Agro to discuss the company’s game-changing C$29M financing and clear path toward production at Beartrack-Arnett and Mercur. 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. View the most recent Corporate Presentation

Yours in profits,

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest

Click here to see more from Revival Gold Inc.
 

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