Mike Fagan,
Editor
April 10, 2026
Revival Gold Inc. (TSX-V: RVG)(OTC: RVLGF) — currently trading around C$0.80 per share in a resurgent gold market — has reported final assays from its recently completed drill program at the co-flagship Mercur Gold Project, Utah.
Highlights include 2.8 grams per tonne gold (g/t Au) over 74 meters, including a higher-grade interval of 8.0 g/t Au over 12 meters.
The results, which cap off a 115-hole campaign completed in late 2025, continue to demonstrate the strength of the Mercur system, particularly at South Mercur where drilling has confirmed broad zones of oxide mineralization and higher-grade feeder structures at depth.
Importantly, the newly identified high-grade ore shoots sit just below the current open-pit design, underscoring the potential for additional gold-rich zones beyond the existing development plan.
The program also delivered valuable metallurgical and structural data that will feed into ongoing engineering work and a planned Pre-Feasibility Study targeted for Q1 2027 — a key milestone on the path to restarting heap leach gold production at the past-producing site.
RVG is set to resume drilling at Mercur later this month via a 16,000-meter program.
Revival Gold CEO Hugh Agro — whom you’ll hear from next in our exclusive interview — commented on the latest batch of results and the path ahead via press release:
“Carlin style gold systems, like Revival Gold's Mercur, are known to generate high-grade ore shoots that have driven huge amounts of value for the major gold producers in Nevada. As demonstrated with today's 8 g/T gold over 12 meters intercept, Revival Gold is seeing intact high grade zones at South Mercur. The shoots not only benefit our current heap leach project but provide an exciting exploration opportunity on Mercur's large 7,200-hectare property. These are the final results from 2025. The Company plans to resume drilling at Mercur later this month and the drills continue to turn at Beartrack-Arnett in Idaho targeting high-grade underground material at Joss. 2026 should be a big year for Revival Gold.”
The latest results follow RVG’s recent consolidation of the Mercur district into a single, 7,200-hectare land package — a rare, fully controlled Carlin-style gold system and one of the few of its kind outside of Nevada — positioning Mercur as a cornerstone asset within the company’s US-focused platform.
Revival is concurrently advancing its co-flagship, 100%-owned Beartrack-Arnett Gold Project in Idaho (~4.6 Moz Au, Measured & Indicated plus Inferred) where ongoing multi-rig drilling and technical work are expanding the system with a primary focus on the high-grade Joss Zone.
Combined, RVG controls more than 6 million ounces of gold resources across its two co-flagship projects in Utah and Idaho, providing meaningful leverage to rising gold prices as both assets advance along a phased development pathway.
- At Mercur, Revival is targeting a restart of open-pit heap leach operations supported by favorable metallurgy, shallow oxide mineralization, and existing infrastructure with permitting expected over the next two years and potential construction starting in 2028.
- At Beartrack-Arnett, ongoing multi-rig drilling is demonstrating the scale of the system while expanding the site’s high-grade underground resource potential.
Looking further out, the Revival Gold team is evaluating a potential combined open-pit heap leach production profile of roughly 150,000 ounces of gold per year with additional upside as underground resources are incorporated and operational synergies between the Mercur and Beartrack-Arnett projects are further developed.
Key upcoming catalysts include a resumption of drilling at Mercur in support of the forthcoming Pre-Feasibility Study along with continued multi-rig drilling at Beartrack-Arnett.
As promised, our own Gerardo Del Real of Junior Resource Monthly caught up with Revival Gold CEO Hugh Agro to walk through the latest high-grade results at Mercur and next-steps across the two co-flagship projects. 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
Editor, Resource Stock Digest
Click here to see more from Revival Gold Inc.
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