Revival Gold (TSXV: RVG; US-OTC: RVLGF) says taking full ownership of the past-producing Mercur gold project in Utah has reshaped the company, giving it full control of a brownfield asset on private land with existing infrastructure and a path to production before the end of the decade.
The deal closed this month and expanded Revival’s land package at Mercur to about 72 sq. km, including Barrick Mining’s (TSX: ABX; NYSE: B) former 9.96 sq. km holding. A 2025 economic study outlined average annual production of 100,000 oz. gold over 10 years, while recent drilling at South Mercur cut 2.8 grams gold over 74 metres, including 8 grams over 12 metres.
“We’ve got now a project that will be the biggest new producer of gold in the state of Utah,” Agro told The Northern Miner video host Devan Murugan. “This asset at 100,000 oz. a year will generate some $350 million (C$480 million) of free cash flow, and we’re just a short two years away from being permitted.”
Mercur’s private ground and existing site infrastructure could help speed redevelopment at a time when U.S. permitting remains a key issue for miners. Mercur complements the company’s Beartrack-Arnett project in Idaho.
Watch the full conversation:
The preceding Sponsored video is PROMOTED CONTENT sponsored by Revival Gold and produced in co-operation with The Northern Miner. Visit Revival Gold’s website for more information.
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