Core Viewpoint - Revival Gold Inc. is advancing its Mercur Gold Project in Utah, with ongoing drilling indicating potential resource expansion and supporting a planned pre-feasibility study in 2026 [3][5]. Drilling Program Update - The drilling program commenced on July 12, 2025, with a target of 13,000 meters, and as of December 5, 2025, 108 holes have been completed, totaling 11,300 meters [5][8]. - The company is infill drilling inferred resources and has encountered several intercepts outside the current resource area, suggesting potential upside [3][4]. Assay Results - Recent assay results include significant gold intersections, such as: - 1.3 g/t gold over 18.3 meters in RM25-127 - 0.62 g/t gold over 24.4 meters in RM25-122 - 0.64 g/t gold over 18.3 meters in RM25-116 - 0.46 g/t gold over 56.4 meters in RMC25-133 [8]. - Three intercepts extend beyond current pit designs, indicating further potential in the Rover area [8]. Future Plans - The ongoing drilling results are consistent with the Preliminary Economic Assessment (PEA) resource and metallurgical estimates, supporting the company's goal of restarting production at Mercur [3][4]. - The company is nearing completion of its drilling program and is optimistic about the results, which will inform the upcoming pre-feasibility study [3][5]. Company Overview - Revival Gold is a prominent gold mine developer in the United States, focusing on the Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho [16]. - The company is listed on the TSX Venture Exchange under the ticker "RVG" and on the OTCQX Market as "RVLGF" [16].
Revival Gold Provides Update and Latest Results From Drilling at the Mercur Gold Project in Utah
Globenewswire·2025-12-09 12:30