RVLGF - CEO Clips - Revival Gold: Advancing Gold Growth and Revival

2024-03-27 17:08:02 ET

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Revival Gold is a company focused on gold mining and growth in the western US state of Idaho. They have a significant gold project called the Net Gold Project, situated on a brownfield site, which was once the largest gold mine in Idaho. Over the last five years, they have discovered 4.6 million ounces of gold resources at a low cost of $6 per ounce. Unlike other companies, they aren't solely relying on a major company to buy them out; instead, they have progressed to a Pre-Feasibility Study (PFS) for the first stage of the project, which includes open-pit heap leach mining. Additionally, they have plans for an exciting underground phase of the project with almost 1,000,000 ounces of underground resources and promising metallurgical test results, potentially yielding 200,000 ounces of gold per year. Revival Gold is actively exploring the site with two drill rigs, indicating long-term exploration potential.

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