TSX-V: RVG | OTCQX: RVLGF
Recorded January 12, 2026.
Disclosure: Andy Millette is a shareholder of Revival Gold, and Revival Gold is a sponsor of Natural Resource Stocks. #Millettian
Revival Gold Inc. is a pure gold mine developer focused on the western United States, advancing two primary assets: the Mercur Gold Project in Utah and the Beartrack Arnett Gold Project in Idaho.
In this interview, Hugh Agro (Founder, President & CEO) breaks down the latest Mercur drill results, why certain near-surface oxide intercepts stood out, and how the company is sequencing work to de-risk the project through permitting and engineering. We also cover how management thinks about grade vs. resource averages, the logic behind cutoff grades, and why gold developers can offer leverage as the cycle strengthens. #Millettian
Key topics covered:
- Mercur drill results and what they imply for the project’s next stage
- Grade context: averages, cutoff grades, and what “better than expected” actually means
- Permitting and de-risking steps discussed by management
- Developer leverage and valuation framing (market cap vs. project value/NAV discussion)
- Mercur and Beartrack Arnett: where Revival Gold is focusing attention next
Company & Guest Links:
Revival Gold: https://revival-gold.com/
Leadership: https://revival-gold.com/leadership-2/
X: https://x.com/revivalgoldinc
LinkedIn: https://www.linkedin.com/company/revival-gold/
Facebook: https://www.facebook.com/revivalgoldinc
Host — Andy Millette (Natural Resource Stocks)
Website: https://www.NaturalResourceStocks.net
YouTube: https://www.youtube.com/@naturalresourcestocks
Clips Channel: https://www.youtube.com/@NaturalResoureStocksClips
X: https://x.com/theandymillette
LinkedIn: https://www.linkedin.com/in/andymillette/
Chapters:
00:00 Intro + disclosure
00:59 Mercur drill update and program overview
01:22 Why the near-surface oxide hits matter
02:41 Permitting and de-risking setup
04:48 Cutoff grade and resource average logic
08:31 Private land and development advantages discussed
11:49 Gold ownership and macro framing
14:31 Valuation math and developer leverage
15:49 Where to learn more
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