Mining Stock Daily Revival Gold Continues to Expand Mercur with New Drill Results
Nov 19, 2025
Hugh Agro, the CEO of Revival Gold, dives into the latest developments at the Mercur Gold Project in Utah. He highlights impressive drill results that extend known mineralization, showcasing strong grades and key intercepts. The discussion also explores the project's potential for open-pit expansion and the promising blue-sky opportunities presented by its land position. Agro reviews the upcoming March 2025 PEA, emphasizing how gold price sensitivity could significantly enhance valuation. Overall, he sheds light on the strategic value of US projects like Mercur in the current market.
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Consistent Near-Surface Grades And Recoveries
- Revival Gold's drill program at Mercur shows consistent near-surface grades averaging 0.73 g/t with ~83% cyanide-soluble to fire assay ratio indicating good recoveries.
- Recent intercepts include 1.4 g/t over 44 m and 0.9–1.0 g/t over 12–25 m, highlighting both core and edge expansion potential.
Expansion Beyond Current Pit Is Open-Pit Friendly
- The drill intercepts extend mineralization beyond the existing PEA pit outline and are still within open-pit depths (mostly ≤150 m).
- Geologists are pushing holes deeper and seeing favorable stratigraphy and alteration that support further expansion.
Carlin-Type System With Big Exploration Upside
- Mercur is a Carlin-type system with a contiguous land position that has never been held together before, increasing exploration leverage.
- The project shows the right rocks and model for deeper discoveries similar to Nevada Carlin systems.