TSXV RVG OTCQX RVLGF
Recorded on November 24 2025.
In this Natural Resource Stocks interview, host Andy Millette speaks with Revival Gold President and CEO Hugh Agro about what four thousand dollar gold means for disciplined developers and why he believes this bull market is driven by real scarcity. As a mining engineer, Hugh breaks down the forces behind gold’s surge, the industry’s limited new supply, and how Revival Gold’s two U.S. projects are positioned to benefit. For serious gold investors and #Millettian viewers, this conversation connects macro drivers with company-level execution.
Hugh starts with the big picture. Fiat currencies are losing value faster than ever, and central banks are responding by hoarding gold. Major institutions now forecast prices near five thousand by 2026, yet global mine supply continues to shrink. Developers are disciplined, permitting is slow, and few new discoveries are being made. In his words, there is just not enough gold to go around — setting the stage for companies that already control large, high-quality ounces in the ground.
Revival Gold fits that description. The company owns two past-producing projects in the western United States — Beartrack Arnett in Idaho and Mercur in Utah — together hosting more than six million ounces of gold. Both sites have road access, grid power, and established processing footprints, giving Revival a brownfield advantage that can shorten timelines to production. The plan is to restart Beartrack Arnett as Idaho’s next gold mine while advancing Mercur through studies toward a modern open-pit heap-leach operation on private land.
Andy and Hugh discuss what separates real developers from dreamers. Hugh says the key is margin: “We aim for better than fifty percent.” He outlines how Revival’s drilling results at Mercur show strong near-surface grades and high cyanide recoveries that support simple processing. At Beartrack Arnett, step-out holes continue to extend the three-and-a-half-mile mineralized trend, confirming room for growth at depth and along strike. Each program adds ounces and derisks the path to production.
They also talk about how to judge a junior. Andy looks for multi-million-ounce scale, multiple assets, a tight share structure, and management with a track record. Hugh agrees, adding that insider ownership and serious institutional backing matter even more. Revival checks those boxes with support from EMR Capital and Dundee Corporation and a strong treasury that allows steady progress without constant dilution.
The conversation closes on positioning. Revival sits in the middle of the Lassonde curve — engineering and permitting at Mercur while exploring at Beartrack Arnett. This mix gives investors both discovery upside and near-term de-risking. The long-term goal is a two-asset platform producing more than two hundred fifty thousand ounces of gold per year from North American projects. At four thousand gold and a fifty percent margin, Hugh notes, every ounce could represent roughly two thousand dollars in value, yet the market still prices the company’s ounces around twenty dollars. For investors seeking leverage to the metal in a safe jurisdiction, he believes that disconnect is the opportunity.
Revival Gold Links
Website
https://revival-gold.com
Investors
https://revival-gold.com/investors
Mercur Project
https://revival-gold.com/mercur
Beartrack Arnett Project
https://revival-gold.com/beartrack-arnett-gold-project
YouTube
https://www.youtube.com/channel/UCKLOxii1SFgJIfbVZRBqeGw
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
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