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Revival Gold Extends Shallow Oxide Mineralization at Mercur Project in Utah

Story Highlights
  • Revival Gold’s latest Mercur drilling confirms shallow oxide gold zones and supports its pre-feasibility work toward potential production restart.
  • New holes extend Mercur mineralization beyond the current resource pit, underscoring resource growth potential and strengthening Revival Gold’s redevelopment case.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Revival Gold Extends Shallow Oxide Mineralization at Mercur Project in Utah

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Revival Gold ( (TSE:RVG) ) just unveiled an announcement.

Revival Gold reported new drilling results from its 2025 program at the Mercur project in Utah, highlighted by near-surface oxide intercepts including 1.0 grams per tonne gold over 30.5 meters and several other broad mineralized zones at shallow depths. The latest assays generally align with prior resource and metallurgical models, extend mineralization beyond the current resource pit in the Rover area, and will support a planned pre-feasibility study, marking progress toward potential redevelopment and production restart at Mercur.

The company completed 115 reverse circulation and core holes in the 2025 campaign, of which 86 holes have now been reported, and recent holes RM25-155 and RM25-157 confirmed multiple oxide zones north of existing resources, suggesting further upside for future resource growth. Management emphasized that the consolidated land package and consistent drilling results enhance Mercur’s redevelopment case and could strengthen Revival Gold’s position in the U.S. gold sector by adding scale and extending the mineralized footprint.

The most recent analyst rating on (TSE:RVG) stock is a Hold with a C$0.87 price target. To see the full list of analyst forecasts on Revival Gold stock, see the TSE:RVG Stock Forecast page.

Spark’s Take on TSE:RVG Stock

According to Spark, TipRanks’ AI Analyst, TSE:RVG is a Neutral.

The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and cash burn) and limited valuation support (negative P/E and no dividend yield). Technicals provide a partial offset, with a moderately positive trend and MACD but neutral RSI indicating only moderate momentum.

To see Spark’s full report on TSE:RVG stock, click here.

More about Revival Gold

Revival Gold Inc. is a gold exploration and development company focused on advancing its Mercur Gold Project in Utah. The company controls a 7,200-hectare land package that consolidates ground previously held by major past operators and is working to redevelop the historic site toward a restart of gold production.

Average Trading Volume: 415,304

Technical Sentiment Signal: Buy

Current Market Cap: C$218M

Learn more about RVG stock on TipRanks’ Stock Analysis page.

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