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Revival Gold Advances Mercur Project With A View To Be Utah's Next New Operating Gold Mine
TORONTO, ON / ACCESS Newswire / May 14, 2026 / Revival Gold Inc. (TSXV:RVG) (OTCQX:RVLGF) ("Revival Gold" or the "Company") is pleased to provide an update on
About this update from Revival Gold Inc
[{"type":"text","content":" TORONTO, ON / ACCESS Newswire / May 14, 2026 / Revival Gold Inc. (TSXV:RVG) (OTCQX:RVLGF) (\"Revival Gold\" or the \"Company\") is pleased to provide an update on development at the Company's Mercur Gold Project (\"Mercur\" or the \"Project\") in Utah. Highlights The Mercur site team, under the leadership of General Manager Tim Barnett, is scaling up with eight staff members now driving this year's exploration, resource delineation, geotechnical, and hydrogeological drilling activities. This year's metallurgical program comprised of twenty column leach tests to support the Preliminary Feasibility Study (\"PFS\") is in progress with Kappes Cassiday & Associates (\"KCA\") in Reno, Nevada, with initial results expected in mid-2026. Environmental baseline data collection, a key input to the permitting process, is on-going under the direction of Revival Gold's lead environmental consultant, Stantec. Focus areas include wildlife, vegetation, soils, aquatic life, hydrogeology, cultural resources, air, and geochemistry. Mineral resource modeling and engineering design studies are underway with the Company's key technical consultants including RESPEC, WSP, and KCA. A legacy water well, previously used for Mercur milling operations, was surveyed and sampled. The pump was replaced and a step draw-down pumping test to expected mine operating requirements was successfully performed. This year's previously announced 16,000-meter drilling program in support of the PFS is now approximately 15% complete with two reverse circulation rigs drilling. The Mercur site office is being upgraded to support the Company's growing team. Overall, the Mercur heap leach PFS remains on track for end of Q1 2027 release with completion of mine permitting expected by year-end 2027. \"Revival Gold's Board of Directors visited Mercur last month to meet the site team and witness firsthand the exciting progress that has already been made this year. Momentum continues to build with the recent hiring of additional key site staff and funding is in place to advance Mercur to a construction decision\", said Hugh Agro, President & CEO. \"2026 and 2027 will be packed with activity at Mercur as we work to deliver the next new potential operating gold mine in Utah, the Beehive State\", added Agro. Further to the Company's April 28, 2026, press release in which the Com...