Revival Gold on New Drill Results at Mercur and Asian Demand for Gold Equities
Hugh Agro, CEO of Revival Gold (RVG/RVLGF) shares the latest developments at the company's core U.S. projects: Mercur (Utah) and Beartrack-Arnett (Idaho). At the Mercur project, a 13,000-meter program is underway focused on infill drilling to de-risk the resource, with initial shallow RC results including 21 meters at 0.85 g/t gold and strong average cyanide soluble recoveries of 85%. Revival Gold has also deployed a fourth drill rig at the Beartrack-Arnett project to undertake a "big exploration bet" by stepping out about two kilometers to look for extensions to the mineralization. Agro concludes by discussing recent travels, noting that Central Banks and investors in Asia and Australia are actively buying gold and gold equities, signifying that the rest of the world is "clamoring for more gold"
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