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    Revival Gold’s Utah Mercur restart: project sequencing and heap-leach notes for engineers

    February 10, 2026|

    Reviewed by Joe Ashwell

    Revival Gold’s Utah Mercur restart: project sequencing and heap-leach notes for engineers

    First reported on MINING.com

    30 Second Briefing

    Revival Gold is prioritising a restart of the Mercur heap-leach project in Utah, targeting a prefeasibility study by year-end and sequencing development ahead of its Beartrack-Arnett project in Idaho. The company controls about 6 million oz of gold resources across the two brownfield sites and aims for more than 160,000 oz per year from initial heap-leach phases. Beartrack-Arnett is on a longer, roughly 3.5–4-year timeline due to federal land review requirements, while Mercur sits on private ground about 57 km from Salt Lake City in a Carlin-type district.

    Technical Brief

    • Revival Gold holds about 6 million oz of gold resources split between Mercur and Beartrack-Arnett.
    • Initial heap-leach phases across both projects are planned to deliver >160,000 oz gold per year.
    • Mercur sits in a Carlin-type gold district approximately 57 km from Salt Lake City, Utah.
    • Beartrack-Arnett’s schedule is extended because parts of the land package trigger federal-level permitting review.
    • Development sequencing is organised so the same project team transitions from Utah works directly into Idaho.

    Our Take

    The related December 2026 drilling piece on Mercur shows shallow oxide intercepts amenable to heap leach, which, combined with Beartrack-Arnett’s existing resource base, suggests Revival Gold is positioning for a relatively low-capex restart pathway rather than a greenfield build in the U.S.

    With about 6 million oz. of gold resources split between Utah’s Mercur and Idaho’s Beartrack-Arnett, Revival Gold sits at the larger end of single-operator U.S. gold developers in our database, which can improve optionality for staged restarts or asset-level financing by year-end.

    The C$3 million tied to permitting certainty changes in BC, although outside Utah and Idaho, signals that Canadian policy shifts are being closely watched by TSXV-listed issuers like Revival Gold, as any perceived streamlining north of the border can influence how U.S. projects are benchmarked by investors.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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