Why Invest?
Revival Gold (TSXV:RVG, OTCQX: RVLGF) offers investors an exciting value proposition with significant exposure to two high-quality development-stage gold projects located in the western United States. The Company’s current market capitalization is below US$10 per ounce of gold in resources which translates into about 31 ounces of gold per 1,000 shares held.
Revival Gold’s first project, the Mercur Gold Project, is located in Utah and the Company’s second project, the Beartrack-Arnett Gold Project, is in Idaho. Both projects are situated in top-tier jurisdictions for exploration and mining and, as proven past producers, each of Revival Gold’s gold projects enjoy significant economic and permitting advantages for potential re-development.
Revival Gold is currently advancing engineering and economic studies on Mercur to support the delivery of a Preliminary Economic Assessment for an open pit heap leach operation by the end of Q1 2025. Known mineralization in this Carlin-type deposit occurs primarily on privately held claims which is expected to simplify the mine re-permitting process. The project has established access roads and power to site and is just 57 miles from Salt Lake City.
At Beartrack-Arnett, Revival Gold is progressing mine permitting preparations and continuing with ongoing exploration on this orogenic gold deposit which extends over a known strike of over 5 kilometers. A phased development plan is being pursued to reduce the initial capital required to bring Beartrack-Arnett back into production. The initial development will be a low-cost open pit heap leach gold operation which is expected to be followed in later years by a mill development to process sulphide material. The initial development boasts an after-tax NPV5% of US$170 million and an after-tax IRR of 34% at US$2,000/ounce gold.
Like Mercur, Beartrack-Arnett benefits from existing infrastructure, including a power line to site, an ADR gold processing facility and access roads. The project is located one hour’s drive from Salmon, a charming town of 3,000 people. Proximity to town will eliminate the need for a costly man camp at Beartrack-Arnett and fly-in-fly-out staffing during operation.
Both Mercur and Beartrack-Arnett have had successful operating histories. Past operating experience and extensive existing project information reduces future data collection needs and lowers the risk associated with potential re-development.
Finally, investors in Revival Gold benefit from alignment with a leadership team comprised of gold industry veterans who have decades of experience successfully financing, constructing and responsibly operating gold mines in the western United States and around the world. The Company’s Board, Management and Advisors are committed to making Revival Gold a success and currently own approximately 15% of shares outstanding.
We welcome investors to learn more about Revival Gold through our website (www.revival-gold.com) and social media platforms. Or please call us at 416-366-4100.