Small Cap Miner Hits 4.2 g/t Over 25 Meters, Shares Respond Positively

2026-03-04 10:31:10 ET

Despite some recent weakness in gold prices over the past few weeks, the long-term trend remains firmly bullish, supported by ongoing safe-haven demand and concerns over dollar debasement. One small-cap miner in the sector stands to benefit from rising gold prices, and today’s strong drilling results have prompted investors to respond positively, signaling confidence in the company’s prospects.

Revival Gold Inc. (TSX-Venture: RVG) (OTCQX: RVLGF) announced earlier this morning new results from its 2025 drilling program at the Mercur Gold Project in Utah. The company reported assay results from eighteen additional drill holes, with notable intercepts including 4.2 g/t gold over 25 meters at South Mercur, which contained a higher-grade section of 9.8 g/t over 5.7 meters. At Main Mercur, highlights include 6.5 g/t gold over 7.1 meters and 0.79 g/t gold over 32 meters. These initial drill holes in the South Mercur area demonstrate strong high-grade potential and reinforce the project’s exploration upside.

"Mercur was the first Carlin-style system mined in the US Great Basin and a substantial portion of the Project's historical gold production was sourced from high-grade ore. Today's near-surface drill results mark the first reported by Revival Gold for the South Mercur area. The high-grade intercepts encountered by the Company highlight the robust nature of gold zones that occur in the Mercur system and point to the exciting exploration opportunity we see ahead", said Hugh Agro, President & CEO.

Revival Gold is among the largest pure gold developers in the U.S., focused on advancing the Mercur Gold Project in Utah. In addition to Mercur, the company is preparing for mine permitting and continuing exploration at the Beartrack-Arnett Gold Project in Idaho, emphasizing its commitment to growing and developing high-quality gold assets.

Shares of RVG are currently up $0.01 at $1.06, while U.S. listed shares (RVLGF) are also perking higher to the tune of 0.83% at $0.7837 in mid-morning trading.

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