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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

Post by sheepherder1234on Jul 03, 2022 9:19am
281 Views
Post# 34797904

Arnett Creek 25% interest purchase right exercised?

Arnett Creek 25% interest purchase right exercised?Revival owns 75% of the ACE unpatented lode claims (Table 4-2). Bull Run Capital Inc. (Bull Run) owns the remaining 25% interest in the claims. Revival may purchase the 25% interest from Bull Run for US$500,000 at any time prior to June 2, 2022. The claims are subject to a 1.0% NSR that may be purchased for US$2,000,000 (Table 4-4). The HAI 1 to 7 and Gold Bug 12 to 17 and 27 to 29 unpatented lode claims are subject to a 1.0% NSR that may be repurchased for US$2,000,000 (Table 4-4).
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