202626 releases
Revival Gold Intersects 8.4 g/T gold over 6.2 Meters and 8.5 g/T gold over 3.4 Meters Supporting Overall Continuity of Mineralization at the Beartrack-Arnett Joss Target
Wedge hole drilling at the Joss target of the Beartrack-Arnett Project in Idaho returned 2.2 g/T gold over 49.5 meters drilled width in BT26-254DW, including 8.4 g/T over 6.2 meters, and in BT26-255DW 7.9 g/T over 2.2 meters plus 4.3 g/T over 21.6 meters, including 8.5 g/T over 3.4 meters. True widths are estimated at 40-55% of drilled width. Revival Gold contracted EngComp Engineering for underground mining advice and SGS Lakefield for further metallurgical testing, with results expected early in the new year.
Drill resultsRevival Gold Announces Adoption of Advance Notice By-Law
An advance notice by-law has been adopted, effective immediately, requiring shareholders to give advance notice of director nominations made outside a meeting request or shareholder proposal under the Canada Business Corporations Act. Notice must be given 30 to 65 days before an annual meeting, or by the close of business on the 15th day after announcement of a special meeting. The by-law will be put to shareholders for approval, confirmation and ratification at the Annual and Special Meeting on November 18, 2026.
CorporateRevival Gold Announces Filing of Final Base Shelf Prospectus
A final base shelf prospectus was filed on September 30, 2026 with securities regulatory authorities in each province and territory of Canada, allowing Revival Gold to issue common shares, warrants, subscription receipts, units, debt securities and share purchase contracts totalling up to C$200 million over a 25-month period. Proceeds may be used for general corporate and working capital needs, funding ongoing operations, future acquisitions or other corporate purposes. Revival Gold is advancing the Mercur Gold Project in Utah and exploring Beartrack-Arnett in Idaho.
FinancingRevival Gold Reports Additional Infill Results With 2026 Drilling Now 64% Complete At Mercur
Results from a further 20 infill RC drill holes in the Main Mercur area at the Mercur Gold Project in Utah include 0.92 g/T gold over 33.5 meters at 31 meters downhole in RM26-213, 0.57 g/T over 30.5 meters in RM26-217, 0.75 g/T over 29.0 meters in RM26-220 and 0.76 g/T over 22.9 meters in RM26-223. Approximately 11,600 meters (64%) of planned drilling in 119 RC and core holes is complete, with three rigs active and an auger rig due by month-end to test about 9 million tonnes of legacy run-of-mine heap leach pad material.
Drill resultsRevival Gold Completes 2026 Infill Drilling Program at Mercur Gold Project in Utah
Approximately 10,000 meters of infill reverse circulation drilling in 100 holes has been completed at the Mercur Gold Project in Utah, aimed at upgrading Inferred Mineral Resources to Measured and Indicated for a Preliminary Feasibility Study targeted for the end of Q1 2027. Results from a further seventeen holes include 1.82 g/T gold over 29.0 meters in RM26-180, 1.32 g/T over 45.7 meters in RM26-193 and 0.90 g/T over 54.9 meters in RM26-201. Three rigs continue drilling toward about 18,000 meters this year.
Drill resultsRevival Gold Reports Interim Results on Mercur Column Leach Testing Program
Interim column leach results from the Mercur Project in Utah show average gold extractions to date of 81% for the nine oxide material columns and 43% for the nine refractory columns, with silver extractions of 16% and 31% respectively. Eleven metallurgical composites from 2025 half PQ core from Main and South Mercur were used for 18 column tests at crush sizes of 6.3 mm to 37.5 mm, with leaching started in May, June and July and ongoing. Results are preliminary pending tail assays this fall; the PFS is targeted for completion by the end of Q1 next year.
Study resultsRevival Gold Intersects 3.43 g/t Gold Over 131.7 Meters, Including 6.6 g/t Gold Over 42.5 Meters at Beartrack-Arnett in Idaho
Drill hole BT26-255D at the Joss area of the Beartrack-Arnett Project in Idaho returned 3.43 g/t gold over 131.7 meters drilled width from 543 meters downhole, including 6.56 g/t gold over 42.5 meters and 11.58 g/t gold over 12.1 meters; true widths are estimated at 40-50% of drilled width. All five primary and three wedge holes in the 5,500-meter program intersected the Panther Creek Shear Zone, with results for BT26-254DW and BT26-255DW pending. A technical webinar is set for August 6th at 11:00 am EST.
Drill resultsRevival Gold Announces Closing of Sale of Non-Core Diamond Mountain Phosphate Property
The sale of Revival Gold's 51% interest in the non-core Diamond Mountain phosphate project to Canadian Phosphate Ltd. has closed under a property purchase agreement dated May 29, 2026; Utah Minerals Resources LLC sold the remaining 49%. On closing Revival Gold received US$127,500 cash and 3,081,286 Canadian Phosphate shares valued at about US$270,000 at a deemed price of AUD$0.125 per share. A further US$255,000 is due by the agreement's first anniversary and US$765,000 within a year of commercial production.
AcquisitionRevival Gold Intersects 1.65 g/t Gold Over 30.5 Meters & 0.92 g/t Gold Over 30.5 Meters at Mercur Project in Utah
Drilling at the Mercur Gold Project in Utah returned 1.65 g/t gold over 30.5 meters from 128 meters downhole in RM26-204 and 0.92 g/t gold over 30.5 meters from 145 meters in RM26-183, from the first 13 reverse circulation holes in the South Mercur and Main Mercur areas. Revival Gold has completed 7,400 meters in 74 holes of an 18,000-meter program; results at South Mercur indicate potentially leachable zones extend below the PEA open pit. Two additional rigs are expected later this summer, with a PFS targeted for end of Q1-2027.
Drill resultsDrilling Intersects 14.9 g/t Gold Over 5.9 Meters and Extends Depth of Mineralization by 240 Meters at Joss
Drilling in the Joss area of the Beartrack-Arnett Project in Idaho returned 2.37 g/t gold over 147.2 meters drilled width in hole BT26-254D, including 14.9 g/t over 5.9 meters and 9.3 g/t over 4.7 meters, extending drilled mineralization about 240 meters deeper to roughly 850 meters below surface. Other holes returned 4.0 g/t over 6.8 meters (BT26-253D) and 4.5 g/t over 4.1 meters (BT26-251DA). The 2026 program totals about 5,500 meters; four holes remain pending.
Drill resultsRevival Gold to Acquire Land Contiguous to its Mercur Gold Project
A 278 hectare (686 acre) parcel of private land contiguous to the Mercur Gold Project in Tooele County, Utah will be acquired for US$1,886,912 under a June 5, 2026 agreement with an arm's length landowner. Revival Gold already owns the mineral rights to the property, which could allow a more direct transportation route from the South Mercur mineralization to contemplated heap leach facilities at West Mercur. Closing is expected on or around July 1, 2026.
AcquisitionRevival Gold Announces Sale of Non-Core Diamond Mountain Phosphate Property
Under a property purchase agreement dated May 29, 2026, Revival Gold will sell its 51% interest in the Diamond Mountain phosphate project in Uintah County, Utah, to ASX-listed Canadian Phosphate Ltd., with Utah Minerals Resources vending the remaining 49%. Consideration comprises US$127,500 cash and 3,081,286 Canadian Phosphate shares (US$382,500 at a deemed AUD$0.1743 per share) at closing, US$255,000 within one year, and US$765,000 within a year of commercial production. Closing is expected prior to or during Q3 2026, subject to regulatory and ASX approvals.
AcquisitionRevival Gold Announces Adoption Of Shareholder Rights Plan And Corporate Update
A shareholder rights plan dated May 21, 2026 has been unanimously approved by Revival Gold's board, with Computershare Investor Services Inc. as rights agent. Rights attach to each common share and become exercisable if a person acquires 20% or more of outstanding shares without a Permitted Bid, which must be open 105 days and require more than 50% tender by independent shareholders. The plan requires shareholder ratification within six months and TSX Venture Exchange acceptance. Scott Trebilcock, VP, Corporate Development and Investor Relations, is departing.
CorporateRevival Gold Advances Mercur With A View To Be Utah’s Next New Operating Gold Mine
A 16,000-metre drilling program at the Mercur Gold Project in Utah is about 15% complete with two reverse circulation rigs turning, while twenty column leach tests are in progress at Kappes Cassiday & Associates in Reno, Nevada, with initial results expected mid-2026. The heap leach Preliminary Feasibility Study remains on track for release at end of Q1 2027, with mine permitting expected to be completed by year-end 2027. The site team has grown to eight staff. Revival Gold also clarified it will pay Equity Catalyst Partners US$7,500 monthly over a six-month engagement, correcting prior disclosure of a US$45,000 upfront fee.
CorporateRevival Gold Announces Closing of $33 Million Brokered Private Placement
A brokered private placement closed for gross proceeds of $33,001,250 through the issuance of 38,825,000 common shares at C$0.85 each, including full exercise of the agents' option, with Paradigm Capital as lead agent and sole bookrunner. Proceeds will fund exploration and development at the Mercur project in Utah and the Beartrack-Arnett project in Idaho, plus working capital. Insider EMR Capital Management bought 9,412,000 shares, raising its holding from 11.7% to 13.2%. Agents received a $1,980,075 cash commission.
FinancingRevival Gold Kicks Off 16,000-Meter Drill Program At Mercur Gold Project In Utah
A 16,000-meter reverse circulation, core and auger drill program has begun at the Mercur Gold Project in Utah, with two RC rigs mobilized and the first hole collared. The program covers infill drilling to support a pre-feasibility study slated for release in Q1 2027, resource extension targets at Main Mercur and South Mercur, geotechnical, hydrogeological and condemnation drilling, and auger testing of historical heap leach pads. Revival Gold drilled 115 holes totaling almost 12,000 meters at Mercur in 2025.
Drill resultsRevival Gold Announces C$30 Million Capital Raise
A "best efforts" private placement of up to 35,295,000 common shares at C$0.85 per share for gross proceeds of up to C$30,000,750 has been agreed with Paradigm Capital Inc. as lead agent and sole bookrunner. Agents hold an option for up to an additional 3,530,000 shares for up to C$3,000,500, and will receive a 6.0% cash commission. Proceeds will fund exploration and development at the Mercur project in Utah and Beartrack-Arnett in Idaho, with closing scheduled for May 6, 2026.
FinancingRevival Gold Expands Drilling Program After Intersecting 6.4 g/T Gold Over 19 Meters at Beartrack-Arnett
Drilling at the Joss area of the Beartrack-Arnett Project in Idaho returned 5.4 g/T gold over 32.6 meters drilled width at 568 meters downhole in hole BT26-252D, including 6.4 g/T over 19.1 meters and 8.0 g/T over 4.3 meters, in a 100-meter step-out to the south. Two further holes, BT26-251DA and BT26-253D, intercepted the target shear zone with assays pending. The drill program has been extended to 4,900 meters of core drilling with two rigs operating.
Drill resultsRevival Gold Drills 2.8 g/T Gold Over 74 Meters Including 8.0 g/T Over 12 Meters At The Mercur Gold Project In Utah
Final 2025 drill results from the Mercur Gold Project in Utah include 2.8 g/T gold over 74 meters from 91 meters downhole in RMC25-031, including 8.0 g/T over 12 meters from 130 meters, plus 1.1 g/T over 84 meters in RMC25-032 and 1.0 g/T over 82 meters in RMC25-033 at South Mercur. Historical in-pit backfill returned 0.5 g/T over 38 meters from surface in RM25-171. The 2025 program totalled 115 RC and core holes; a 16,000-meter program starts later this month, supporting a Pre-Feasibility Study targeted for Q1 2027.
Drill resultsRevival Gold Consolidates Mercur Gold Project Paving The Way For Redevelopment
The acquisition of Mercur Mines LLC (formerly Barrick Resources (USA) Inc.) has closed, adding approximately 996 hectares and bringing the Mercur Gold Project in Utah to about 7,200 hectares. Revival Gold paid Barrick Gold US$5 million on closing, owes US$5 million on each of the first three anniversaries of commercial production, granted a 2% NSR on the acquired claims and 1% NSR within 1 kilometre, and assumed US$4,515,000 in surety bonding. Sixteen kilometres of drilling is planned this year, with a Pre-Feasibility Study expected in Q1 2027.
AcquisitionRevival Gold Targets Underground Resource Growth With Drilling At Beartrack-Arnett Gold Project In Idaho
2,300 meters of core drilling have been completed of a planned 3,900-meter winter program at the Beartrack-Arnett Gold Project in Idaho, which began in October 2025. At the Sharkey target, hole BT25-247D intersected alteration and shearing near the bedrock contact but returned no significant multi-element geochemical results. Two rigs are now drilling at Joss to test extensions of the underground Inferred Mineral Resource of 6,745,000 tonnes at 4.05 g/t gold for 877,000 ounces, over about 500 meters of strike and to about 550 meters depth.
Drill resultsRevival Gold Intercepts 4.2 g/T Gold Over 25 Meters At The Mercur Gold Project In Utah
Assay results from an additional eighteen drill holes at the Mercur Gold Project in Utah include 4.2 g/t gold over 25 meters at 43 meters downhole in RMC25-028 at South Mercur, including 9.8 g/t gold over 5.7 meters, and at Main Mercur 6.5 g/t gold over 7.1 meters in RMC25-025 and 0.79 g/t gold over 32 meters in RM25-169. The 2025 program finished in December with 115 RC and core holes, 107 released to date; 2026 drilling starts in April and a Prefeasibility Study is targeted for Q1 2027.
Drill resultsRevival Gold Provides 2026 Outlook And Sets Objective To Be Next Gold Mine Developed In The US Great Basin
The 2026 plan targets gold production at the Mercur project in Utah by 2029, with a two-year permitting timeline, project financing discussions starting in 2027 and a construction decision in 2028. Mercur work includes 20 column leach metallurgical tests with results expected in Q2 2026, 12,000 meters of RC and core drilling to upgrade and potentially expand resources, a further 4,000 meters for geotechnical and hydrological data, baseline surveys, and a Preliminary Feasibility Study targeted for Q1 2027. At Beartrack-Arnett in Idaho, 3,000 meters of core drilling is planned at the Joss target, with two rigs turning and assays pending.
CorporateRevival Gold Intercepts 1.0 g/T Gold Over 30 Meters And Extends Mineralization at Mercur Project in Utah
Assay results from an additional twenty drill holes at the Mercur Gold Project in Utah returned 1.0 g/T gold over 30.5 meters from 25.9 meters downhole in RM25-165, 0.74 g/T over 38.1 meters from 16.8 meters in RM25-164, and 0.9 g/T over 30.5 meters from 13.7 meters in RM25-163. Holes RM25-155 and RM25-157 extended mineralization outside the known Mineral Resource north of the Rover area, with RM25-155 returning 1.3 g/T gold over 15.2 meters. The 2025 program finished in December with 115 RC and core holes; 86 have been released to date.
Drill resultsRevival Gold Provides Exploration Drilling Update on Beartrack-Arnett Gold Project in Idaho
1,150 meters of core have been completed in four exploration holes at the Beartrack-Arnett Gold Project in Idaho, targeting the greenfield Sharkey area, a two-kilometer step-out, and extensions of high-grade Joss mineralization. Target stratigraphy was intercepted in one of three Sharkey holes, with hole BT25-247D encountering alteration and shearing near the bedrock-overburden contact; assays are pending. A second rig from Major Drilling is expected on site in early February. Velocity Trade was engaged for market liquidity services at C$6,000 per month starting around February 1, 2026.
Drill resultsRevival Gold Intercepts 1.8 g/T Gold Over 26 Meters and Provides Update On Mercur Heap Leach Project in Utah
Drilling at the Mercur Gold Project in Utah returned 1.8 g/t gold over 25.9 meters from 6.1 meters downhole in RM25-144, 1.3 g/t over 21.9 meters in RMC25-019 and 0.7 g/t over 29.0 meters in RM25-131, from 19 additional holes; the 2025 program finished in December with 115 RC and core holes to support a planned 2026 pre-feasibility study. Baseline biological field work starts in Q1, about twenty column leach tests are expected by end of Q2, and historical Barrick water supply wells will be evaluated starting this month. Timothy S. Barnett was appointed General Manager of Mercur with 300,000 options at $0.75.
Drill results
20256 releases
Revival Gold 2025 Year In Review
A 2025 year-in-review sets out the Mercur Gold Project PEA in Utah, showing average 95,600 ounces of gold per year over a 10-year mine life, an after-tax NPV of $752 million and 57% IRR at $3,000 per ounce gold and a 5% discount rate, all-in sustaining costs of $1,363 per ounce, and roughly two years to complete permitting. The Company completed C$34 million in equity financings including strategic investments from Dundee Corporation and EMR Capital, drilled 115 holes at Mercur, and consolidated the 7,200-hectare land position by exercising its option on 1,000 hectares of Barrick claims.
CorporateRevival Gold Consolidates Mercur Gold Project by Exercising Option To Acquire 100% of Barrick’s Interest
Notice has been delivered to exercise the option to acquire 100% of Barrick Mining Corporation's interest in the Mercur Gold Project in Utah, covering 996 hectares and bringing the total project area to approximately 7,200 hectares. Barrick will receive US$5 million on closing and US$5 million on each of the first three anniversaries of commercial production, plus a 2% NSR royalty on the option claims and 1% within 1 kilometre. Closing is expected on or around April 1, 2026.
AcquisitionRevival Gold Provides Update and Latest Results From Drilling at the Mercur Gold Project in Utah
Ten additional drill holes at the Mercur Gold Project in Utah returned intersections including 1.3 g/t gold over 18.3 meters at 33.5 meters downhole in RM25-127, 0.62 g/t over 24.4 meters in RM25-122, 0.64 g/t over 18.3 meters in RM25-116 and 0.46 g/t over 56.4 meters in RMC25-133. As of December 5, 2025, 108 holes totaling 11,300 meters of the planned 13,000-meter program were complete, with two rigs still drilling. Three intercepts extend outside current pit designs in the Rover area. Data supports a planned 2026 pre-feasibility study.
Drill resultsRevival Gold Announces AGM Results
Shareholders approved all items of business at Revival Gold's November 20, 2025 Annual General Meeting in Toronto, with 130,728,552 common shares, or 48% of issued and outstanding shares, voted. All seven director nominees were elected with between 99.4% and 99.9% of votes cast, and board committee chairs and executive officers were re-appointed. The Company also granted 5,300,000 incentive stock options to directors, officers and consultants, exercisable at $0.70 per share for five years and subject to vesting.
CorporateRevival Gold Intersects 1.4 g/T Oxide Gold Over 44.2 Meters In Shallow Drilling And Extends Mineralization At Mercur
Drilling at the Mercur Gold Project in Utah returned 1.4 g/T gold over 44.2 meters in RM25-117, 1.0 g/T over 24.4 meters in RM25-120, 1.7 g/T over 12.9 meters in RMC25-017 and 0.9 g/T over 24.4 meters in RM25-113, from eleven holes with intercepts starting at an average downhole depth of 45 meters. The RMC25-120 intercept indicates resource expansion potential down-dip from the 2025 PEA pit shell. Program-to-date weighted average fire assay grade is 0.73 g/T with an 83% AuCN/AuFA ratio; 100 holes and about 10,000 meters of the planned 13,000 meters are complete, with three rigs at Mercur and one at Beartrack-Arnett in Idaho.
Drill resultsRevival Gold Intersects 3.0 g/T Gold Over 21.1 Meters At Mercur And Mobilizes Fourth Rig To Beartrack-Arnett
Drilling at the Mercur Gold Project in Utah returned 3.02 g/t gold over 21.1 meters in RMC25-011, 0.78 g/t gold over 70.1 meters plus 3.93 g/t over 3 meters in RM25-099, and 0.77 g/t over 38.1 meters in RM25-093, from 16 additional holes. As of October 26, 2025, 70 holes and 7,500 meters of the planned 13,000-meter program are complete, supporting a planned 2026 pre-feasibility study. A fourth rig has mobilized to Beartrack-Arnett in Idaho, where a 3,900-meter core program began October 12th.
Drill results