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Revival Gold ( (TSE:RVG) ) has shared an update.
Revival Gold has announced successful results from metallurgical testing in collaboration with Dundee Sustainable Technologies, using the Glasslock Process™ on a high-grade sample from the Beartrack-Arnett Gold Project in Idaho. The testing improved gold concentrate grade by 31% and reduced arsenic content by 99%, with no loss of gold, positioning Revival Gold to potentially produce a saleable gold concentrate directly for smelters. This advancement may enhance the company’s operational capabilities and market position, with further exploration drilling planned to expand the project’s high-grade underground potential.
Spark’s Take on TSE:RVG Stock
According to Spark, TipRanks’ AI Analyst, TSE:RVG is a Neutral.
Revival Gold’s stock reflects the high-risk, high-reward nature typical of exploration stage mining companies. The company’s positive corporate events and stable balance sheet are offset by the lack of revenue and ongoing cash burn. Technical analysis shows positive momentum, but valuation remains speculative due to negative earnings.
To see Spark’s full report on TSE:RVG stock, click here.
More about Revival Gold
Revival Gold Inc. is a prominent gold mine developer in the United States, focusing on the advancement of the Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho. The company is listed on the TSX Venture Exchange and the OTCQX Market, with headquarters in Toronto, Canada, and an exploration office in Salmon, Idaho.
YTD Price Performance: 77.97%
Average Trading Volume: 281,762
Technical Sentiment Signal: Hold
Current Market Cap: C$142.7M
Find detailed analytics on RVG stock on TipRanks’ Stock Analysis page.