Categories: Precious Metals
Topics: Gold Stocks

Revival Gold (TSX-V: RVG)(OTC: RVLGF) CEO Hugh Agro on Announcing More High-Grade Oxide Gold Results at Mercur, Utah, and Building Toward Heap Leach Production

 

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the president & CEO of Revival Gold Inc. (TSX-V: RVG)(OTC: RVLGF) — Mr. Hugh Agro. Hugh, how are you this afternoon? I imagine you are well given the news you just put out. How are things going?

Hugh Agro: Yes, it's been great. Great reception today with our results out on the Mercur Gold Project in Utah.

Gerardo Del Real: Well, let's get right into it. You drilled 2.8 grams per tonne gold (g/t Au) over 74 meters. That included 8 g/t Au over 12 meters. The grade stands out. The intensity of the mineralization and the widths obviously stand out. Can you provide some context on the news today? Well done.

Hugh Agro: Yes, this is part of an 11-hole release out of our 115 holes drilled from 2025. These are the final results coming out of the South Mercur area. You'll recall that last time we put out results, we got a hint of what we might see at South Mercur. But these are just fantastic. 

You mentioned the 2.8 g/t Au over 74 meters. We also got 1.1 g/t Au over 84 meters. And I would emphasize that both of those latter holes are fully oxidized material, running cyanide soluble to fire assay ratios of 80% to 90%. That's really favorable for our open-pit heap leach plans.

And the higher-grade intercept there — that 8 g/t Au over 12 meters in the feeder structure — is indicative of the broader potential of the property. It's opening up a whole new avenue for us around a future potential mill phase to this project. It's fantastic.

Gerardo Del Real: Look, you are in an enviable position. You just consolidated the project, which should be noted as well. But you're in the enviable position of looking to get into production in what I think is going to be the sweet spot of this historic gold bull market. Can you provide an update as to next steps on that front?

Hugh Agro: Well, look, it's nice to be closed on the Barrick transaction before putting these results out. That's a nice thing. And we're following in good footsteps here, right? Think about Skeena or Malartic — both projects spun out of Barrick. Now Homestake, another one. 

And here we go with the Mercur Gold Project. We're following in great footsteps here — projects that have come out of majors that get reborn. And thankfully, we've put all of that behind us.

It's an 18,000-acre land position. It's a Carlin-type deposit, which is one of these deposit systems that can host a whole lot of gold. Put this into context: we're two years away from a construction decision on an open-pit heap leach. It's going to be the biggest gold mine in Utah, and it's going to be a meaningful cash flow generator. 

And we've got a ton of exploration potential beyond that in both our Mercur Project in Utah and, as you know, two drill rigs firing away on our [Beartrack-Arnett] project in Idaho. We'll be back to talk about that here in the months ahead. But lots of exploration to come.

Gerardo Del Real: That's a lot of catalyst. I know we live in interesting times and the market's been a bit volatile. Worth reminding folks — we're still at $4,600 gold. 

The printing press here in the US and around the world continues to crank out dollars, and there’s seemingly no end in sight to the spending. All of that bodes extremely well for the gold price. Again, congrats on some great work, because you're in a pretty sweet spot here moving forward.

Hugh Agro: Thank you, Gerardo. Really appreciating the coverage. And look, we'll be back with more — just hold onto your chair.

Gerardo Del Real: Looking forward to having you back on, Hugh. Thank you, as always.

Hugh Agro: Okay. Bye-bye.

Click here to see more from Revival Gold Inc.
 

IMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.

Please do not rely on the information presented by Resource Stock Digest as personal investment advice.

If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.

The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.

Revival Gold Inc. has sponsored this report.

The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Neither Resource Stock Digest nor any employee of Resource Stock Digest is registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.

HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Revival Gold Inc. and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.

Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Revival Gold Inc.. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.

HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.

NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.

FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Resource Stock Digest does not undertake any obligations to update the information presented or to ensure that such information remains current and accurate.