Business
Revival Gold Provides 2026 Outlook And Sets Objective To Be Next Gold Mine Developed In The US Great Basin
TORONTO, ON / ACCESS Newswire / February 23, 2026 /Revival Gold Inc. (TSXV:RVG)(OTCQX:RVLGF) ("Revival Gold" or the "Company") is pleased to provide an update on our activities and plans for 2026. Outlook Highlights Mercur gold project in Utah, U.S.A. ...
About this update from Revival Gold Inc
TORONTO, ON / ACCESS Newswire / February 23, 2026 / Revival Gold Inc. (TSXV:RVG)(OTCQX:RVLGF) ("Revival Gold" or the "Company") is pleased to provide an update on our activities and plans for 2026. Outlook Highlights "2026 should be a transformative year for Revival Gold as we advance the Mercur gold project to production with targeted startup in 2029. Mercur benefits from being a prior successful Barrick operation with intact infrastructure, on private land, and in the supportive state of Utah. These characteristics help reduce risk and, together with recent progress by our technical team, give us confidence in our ability to move Mercur rapidly back into production.", said Hugh Agro, President & CEO. Mr. Agro continued, "Activity at Mercur is accelerating with engineering, baseline surveys, and robust metallurgy works underway. We believe, the market has yet to recognize the Mercur opportunity in Revival Gold's valuation and that this will change in 2026. We look forward to a rewarding year for the Company's stakeholders." 2026 Mercur Details Revival Gold is ramping up the Company's project team and work programs at Mercur to complete baseline studies and substantially advance the project in 2026. Metallurgical Program - A robust metallurgical program has commenced under the direction of Kappes Cassiday & Associates and includes 20 column leach metallurgical tests from the 2025 drill core. The objective of the program is to test a spatially, geologically, and metallurgically representative array of samples to de-risk the project metallurgy. Results are expected in Q2 2026. Drill Program - 12,000 meters of RC and core drilling are planned to convert resources to higher confidence levels (measured and indicated) for PFS mine planning and for exploration purposes. An additional 4,000 meters of RC, core, and auger drilling for geotechnical and hydrological data will be completed to support PFS engineering. Environmental Baseline & Permitting - The Utah Department of Oil, Gas and Mining ("DOGM") is the lead mine permitting agency in Utah. DOGM requires that all environmental baseline studies be completed prior to starting the formal permitting process. The baseline studies include biological studies (wildlife, vegetation, soils, aquatic life), hydrogeology, cultural resources, air, geo...