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Revival Gold ( (TSE:RVG) ) has shared an update.
Revival Gold Inc. has made significant progress in advancing the Mercur gold project, with updated geological and metallurgical models completed to support a forthcoming Preliminary Economic Assessment (PEA). The company is targeting a gold production rate of 80,000 – 100,000 ounces per year over a 9-10 year mine life, with comprehensive planning and permitting processes underway. The company anticipates efficient permitting due to the project’s location on private claims in a dry climate and has identified additional exploration opportunities to expand the Mineral Resource at Mercur.
More about Revival Gold
Revival Gold Inc. operates within the mining industry, focusing on the exploration and development of gold properties. The company’s primary project is the Mercur gold project located in Utah, USA, which aims to optimize gold production through advanced geological and metallurgical assessments.
YTD Price Performance: -1.48%
Average Trading Volume: 158,368
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $39.28M
For detailed information about RVG stock, go to TipRanks’ Stock Analysis page.
