Revival Gold Inc. has announced promising assay results from its 2026 drilling program at the Mercur Gold Project in Utah, with significant gold grades supporting ongoing project development.
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Highlights
- Drilling results include 30.5m grading 1.65 g/t gold from 128m downhole in hole RM26-204.
- Additional results show 30.5m grading 0.92 g/t gold from 145m in RM26-183.
- The company has completed 7,400m of drilling, representing 41% of the planned 18,000m program.
- Drilling is focused on resource conversion and engineering work for a PFS targeted by Q1 2027.
- Two additional drilling rigs are expected to join the program later this summer.
The drilling at South Mercur has returned intervals consistent with leachability assumptions used in the preliminary economic assessment (PEA), although some variability in metallurgical properties has been noted at depth. The results are seen as supportive of extending mineralization beneath the current PEA pit design.
Revival Gold continues to advance towards a pre-feasibility study (PFS) in early 2027, with a potential production decision by 2028. The company’s shares have outperformed peers recently, but the valuation remains attractive for investors.
Readers can download the full press release for more detailed information below.
Beacon Revival Gold Report (PDF)
