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Revival Gold Inc V.RVG

Alternate Symbol(s):  RVLGF

Revival Gold Inc. is a Canada-based growth-focused gold exploration and development company. The Company is engaged in advancing the Beartrack-Arnett Gold Project (Beartrack-Arnett) located in Idaho, United States. Beartrack-Arnett is the producing gold mine in Idaho. In addition, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah. The Beartrack-Arnett Gold Project is the amalgamation of the Company’s Arnett Gold Project with the Company’s neighboring past-producing Beartrack Gold Mine located in Idaho, United States. The Diamond Mountain Phosphate Project is an advanced stage exploration project located in Uintah County, Utah. The Project is adjoined to the west by Simplot Corporation's Vernal Phosphate Mine and Beneficiation Complex.


TSXV:RVG - Post by User

Comment by Wantonfueyon Feb 10, 2021 10:26am
143 Views
Post# 32524442

RE:NEWS - REVIVAL GOLD WILL CREATE GREAT JOBS

RE:NEWS - REVIVAL GOLD WILL CREATE GREAT JOBSif all goes according to the plan then:
[The project would generate an after-tax Net Present Value at a 5% discount rate (“NPV5%”) of $88 million and an after-tax Internal Rate of Return (“IRR”) of 25% at a $1,550 per ounce gold price, increasing to a $211 million NPV5% and 49% after-tax IRR at a gold price of $1,950 per ounce.]

That's it?  Too small and too low grade to matter w/o gold above $2000--w/o a lot of future discovery this is ugly
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