Revival Gold Inc. provided the latest drilling results and an update on project development at the Company's Mercur Gold Project ("Mercur") in Utah. Drilling Highlights. Assay results have been received from an additional nineteen drill holes with the following highlight intersections in near-surface oxide gold mineralization at Mercur: 1.8 g/T gold over 25.9 meters width.
at 6.1 meters downhole in MYR 25-144; 1.3 g/T gold over 21.9 meters width at 16.8 meters downhole in RMC25-019; and, 0.7 g/T gold over 29.0 meters width at 21.3 meters downhole in MYR25-131. Results to date continue to confirm the expected tenor and leachability of mineralization and demonstrate exploration upside opportunities at Main Mercur. Most recently, Mr. Barnett was a Project Manager with Rio Tinto Kennecott.
Previously, Mr. Barnett managed construction contracts at Continental Gold's Buritica gold project in Colombia, served as Commissioning Manager at Oceana Gold's Haile gold mine in South Carolina and Project Manager at Alamos Gold's Mulatos gold mine in Mexico. Mr. Barnett completed a B.Sc. in Metallurgical Engineering at Corllins University and Montana Tech and resides with his family in Stansbury Park, Utah.
Data collected will support the Company's planned 2026 pre-feasibility study, a major milestone on the path to restarting gold production at Mercur. Drilling results collected to-date at Mercur are generally consistent with the Inferred Mineral Resource and metallurgical models developed for the Mercur Preliminary Economic Assessment ("PEA") (see "Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA" prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2nd, 2025). RM25-136 and RM25-137 in the Marion Hill area at Main Mercur, targeted the western edge of the PEA design pit.
The holes are encouraging with long runs of mineralization that continue to the bottom of the holes and outside the current PEA pit shells.
