Mining Stock Daily Revival Gold on New Drill Results at Mercur and Asian Demand for Gold Equities
Oct 13, 2025
Hugh Agro, the CEO of Revival Gold, shares insights on the latest drill results from their key U.S. projects: Mercur in Utah and Beartrack-Arnett in Idaho. He reveals impressive initial RC drill results and discusses a major infill drilling program aimed at de-risking the resource. Agro highlights an ambitious expansion strategy at Beartrack-Arnett, deploying a fourth drill rig. He also notes a surge in demand for gold and gold equities in Asia, reflecting a global trend as investors look for more gold opportunities.
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Merkur Program Focus And Recoveries
- Revival Gold's 13,000m Merkur program focuses on infill, expansion, and deeper structural targets to de-risk the resource.
- Initial shallow RC holes show strong cyanide-soluble recoveries averaging 85%, supporting heap-leach potential.
Prioritize Infill To De-Risk Resource
- Do prioritize infill drilling to convert resources to measured and indicated to reduce project risk.
- Focus on edge- and near-resource targets to add low-hanging tonnage for open-pit operations.
Core Drilling For Metallurgy Optimization
- Revival uses PQ diamond core to gather metallurgical samples to test coarser crush alternatives and optimize operating costs.
- Prior column tests showed rapid kinetics with ~90% recovery within five days, enabling potential cost savings on crush size.