Paradigm Capital and Velocity’s target prices are C$1.20/share and C$1.85/share respectively. That’s 2-3x the current share price.
Revival is very pleased with the progress at Mercur in Utah. The infill and metallurgical drilling this year is hugely important to project derisking and the progress towards the goal of putting Mercur back into production They are also learning a lot about the project’s geology and upside opportunities.
For example, they’re seeing that the favorable alternation zone continues deeper than the current mineral resource. Some of the holes have been extended deeper than plan to pursue that potential. They are also drilling on the outer extent of the current resource, and these holes are showing potential beyond.
Please see the results of the 2025 soil sample program at Mercur (page 18 of the October corporate presentation available at www.revival-gold.com):
Here you can see very clearly that the surface expression of mineralization at Mercur (bright colored shading) extends beyond the current resource outline (red line). You can bet this has mouths watering!
As to Beartrack-Arnett in Idaho, the timing to be back in doing exploration there this year could not be better. The Mining Journal attached picks up on that theme. In addition, Agnico’s arrival in the US – and Idaho in particular are important developments. This is a big development and they are likely to see more.
View Velocity Trade Capital Analysis for Revival Gold
