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Revival Gold Up 3% After Commencing Fieldwork at Projects in Utah, Idaho
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Revival Gold Up 3% After Commencing Fieldwork at Projects in Utah, Idaho
May 26, 2025 11:00 AM

11:04 AM EDT, 05/20/2025 (MT Newswires) -- Revival Gold ( RVLGF ) traded 3.3% higher at last look Tuesday as the company commenced fieldwork at the Mercur gold project in Utah and the Beartrack-Arnett gold project in Idaho.

At Mercur, Revival said its contractor completed a comprehensive program of about 1,000 soil samples over an area of about 5.7 square kilometers.

Several new archeological surveys this spring were also completed in support of permitting for Revival Gold's ( RVLGF ) planned drilling at Mercur this year.

Revival Gold ( RVLGF ) said its technical team has completed collar design and site scouting for a proposed program encompassing about 13,000 meters of reverse circulation and core drilling in 2025.

At Beartrack-Arnett, the company submitted about 60 kilograms of drill core samples from the Joss target area to the Dundee Sustainable Technologies' laboratory in Thetford Mines, Quebec, for metallurgical testing.

The company said it plans to conduct a follow up program of about 4,000 meters of drilling for targets along strike and south of the Joss area.

Additional baseline study work for the first phase heap leach project at Beartrack-Arnett is expected to proceed as funding allows, Revival said.

"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", said chief executive Hugh Agro. "At Beartrack-Arnett, we've prioritized exploration of the project's exciting high grade underground potential."

"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", added Agro.

The company's shares were last seen up $0.015 to $0.465 on the TSX Venture Exchange.

Price: 0.47, Change: +0.02, Percent Change: +3.33

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