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revival gold

Revival Gold Inc. (RVG-V)

Cashed Up To Keep Drills Turning Revival Gold controls two past-producing oxide gold deposits in Idaho(Beartrack) and Utah (Mercur), that it is advancing towards the potential re-start of heap-leach operations later this decade. Recent economic studiessuggest potential for Revival Gold to become a 150,000-175,000 ounce perannum gold producer.Cashed Up: earlier this summer, Revival raised gross proceeds of just over C$29million, with the majority of funds from two strategic investors. EMR Capital nowcontrols 11.8% of RVG’s outstanding shares, and Dundee Resources Limitedexercised its participation rights to maintain its 5.3% holding in RVG.Drills Turning at Mercur: two drills operating since July have completed ~3,200metres of the planned 13,000-metre programme (fig2). Drilling is focused onboth resource infill and geotechnical studies / metallurgical sampling.New Tech Could Help At Beartrack: in mid-August, Revival reported thatmetallurgical testing with Dundee Sustainable Technologies (DST) yieldedpositive results employing DST’s Glasslock ProcessTM which improved goldconcentrate grades and lowered arsenic content

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