#Drilling Results from Mercur Gold Project
Revival Gold Inc. recently announced encouraging drilling results from its Mercur Gold Project in Utah. The latest assays revealed multiple significant intersections, with the most notable being 1.8 grams per tonne (g/t) of gold over a width of 25.9 meters at a depth of 6.1 meters downhole in the hole designated RM25-144. Additionally, results showed 1.3 g/t gold over 21.9 meters at 16.8 meters depth from RMC25-019, and 0.7 g/t over 29.0 meters at a depth of 21.3 meters in RM25-131.
#Updates on Project Development
Alongside the drilling results, the company provided updates on other aspects of the project. Revival Gold's environmental consultant, Stantec Consulting Inc., has finalized detailed work plans for baseline biological studies, with fieldwork scheduled to start in the first quarter of 2026. Discussions with local regulatory authorities concerning historical mining-related archaeological sites have also commenced, indicating progress on necessary permitting.
Revival Gold is set to conduct approximately twenty column leach tests, with preparations already in motion. Furthermore, a contractor has been chosen to assess and redevelop the historical water supply wells located at the Mercur site, with operations expected to start shortly.
#Leadership Changes and Operational Goals
The announcement included the appointment of Timothy S. Barnett as General Manager of the Mercur project, who brings over 30 years of experience in mining operations. Previously with Rio Tinto Kennecott, his leadership is anticipated to enhance the company's capability in advancing the development of Mercur. Revival Gold’s President & CEO, Hugh Agro, expressed excitement over Mr. Barnett's addition and reaffirmed the company’s goal to restart gold production at Mercur.
#Looking Ahead
The drilling program culminated in December 2025, marking the completion of 115 holes and laying the groundwork for the planned pre-feasibility study for 2026. The results obtained to date are in line with the resource assessments previously established in the Preliminary Economic Assessment.
#Key Takeaways
- Revival Gold reports key intercepts from drilling at Mercur, including 1.8 g/t gold over 25.9 meters.
- Environmental studies are set to start, signaling continued progress towards project development.
- Timothy S. Barnett has been appointed as General Manager, bringing extensive mining experience.
- The completion of drilling positions Revival Gold for a pre-feasibility study in 2026.
- Ongoing activities reflect a commitment to restart gold production amid favorable gold prices.
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