Revival Gold to Acquire Land Contiguous to Its Mercur Gold Project
Revival Gold (RVG.V) announced Monday that pursuant to an agreement dated June 5, 2026, between its wholly owned subsidiary, Revival Gold (Utah) Inc, and an arms length private landowner, Revival Gold will acquire a 278 hectares (686 acres) parcel of land which is contiguous to the company's Mercur Gold Project in Tooele County, Utah.The company will pay the vendor around US$1.9 million, in consideration for the acquisition.Closing of the agreement is subject to certain customary terms and conditions and is expected to close on or around July 1, 2026."The Acquisition secures a buffer area of private land contiguous to Mercur," added the company. "The Company already owns the mineral rights for the property, and the Acquisition positions the Company to benefit with respect to the potential development of site infrastructure by allowing a potentially more direct transportation route from the South Mercur area of mineralization to the currently contemplated location of heap leach facilities in the West Mercur area."
