Revival Gold Acquires Ensign Minerals 'To Become A Cash-Flowing Mid-Tier US Gold Producer'
Revival Gold Acquires Ensign Minerals 'To Become A Cash-Flowing Mid-Tier US Gold Producer'
Revival Gold ((OTCQX: RVLGF)) has finalized an all-stock deal worth $21.9 million to acquire Ensign Minerals, a privately held exploration company. This acquisition marks Revival's second gold asset in the United States, solidifying its foothold in the North American gold market at times of high demand for gold, particularly in safe jurisdictions.
Revival Gold（場外交易代碼：RVLGF））已經完成了一項價值2190萬美元的全股交易，以收購私人控股的勘探公司Ensign Minerals。此次收購標誌着Revival在美國的第二筆黃金資產，在黃金需求旺盛的時期，尤其是在安全的司法管轄區，鞏固了其在北美黃金市場的立足點。
"Ensign is pleased to join with Revival Gold to deliver value for our respective shareholders in gold. The combined company will feature veteran industry leadership, synergistic and complementary gold assets, and a credible business plan to become a cash-flowing mid-tier U.S. gold producer," said Ensign's Chairman and Director, John Knowles.
“Ensign很高興加入Revival Gold，爲我們各自的股東創造黃金價值。Ensign董事長兼董事約翰·諾爾斯說，合併後的公司將以資深的行業領導地位、協同和互補的黃金資產以及成爲現金流動的美國中端黃金生產商的可靠商業計劃爲特色。
Ensign Minerals' flagship Mercur project in Utah's Oquirrh Mountains region boasts significant gold resources. With an inferred resource totaling 89.6 million tons grading 0.57 grams per ton of gold, it holds approximately 1.6 million ounces of contained gold. This estimate, primarily based on work by previous owners on mostly private land, significantly expands Revival's gold resource base to a combined total of 3.8 million ounces inferred, adding to the 2.4 million ounces of measured and indicated resources at Beartrack-Arnett.
Ensign Minerals在猶他州奧奎爾山脈地區的旗艦Mercur項目擁有豐富的黃金資源。推斷資源總量爲8,960萬噸，品位爲每噸黃金0.57克，其中含有約160萬盎司的黃金。這一估計主要基於先前所有者在主要是私人土地上的工作，極大地擴大了Revival的黃金資源基礎，推斷的總金量爲380萬盎司，再加上Beartrack-Arnett的240萬盎司測定和指示資源。
"With the addition of Mercur, we expect to shorten our estimated timeline to heap leach gold production while increasing the potential production scale of Revival Gold's heap leach gold business to approximately 150,000 ounces per year," stated Revival CEO Hugh Agro.
Revival首席執行官休·阿格羅表示：“隨着Mercur的加入，我們預計將縮短堆浸金產量的預計時間表，同時將Revival Gold的堆浸黃金業務的潛在生產規模提高到每年約15萬盎司。”
The acquisition will see Revival issue 61.4 million shares, significantly increasing its outstanding shares. Upon completion, current Revival Gold shareholders will own 65% of the new entity, with former Ensign holders owning the remaining 35%.
此次收購將使Revival發行6140萬股股票，大幅增加其已發行股份。建成後，目前的Revival Gold股東將擁有新實體65％的股份，前Ensign持有人將擁有其餘35％的股份。
Historically, the Mercur district has seen significant gold production, with about 2.6 million ounces mined, including substantial contributions from Getty Oil Company and Barrick Gold (NYSE:GOLD) between 1983 and 1998. While low gold prices at the time forced the mine's closure, the gold's strong performance prompted revisiting of old sites similar to uranium production.
從歷史上看，默庫爾地區的黃金產量一直很高，開採了約260萬盎司，其中包括蓋蒂石油公司和巴里克黃金（紐約證券交易所代碼：GOLD）在1983年至1998年間的大量捐款。儘管當時的低金價迫使該礦關閉，但黃金的強勁表現促使人們重新審視與鈾生產類似的舊址。
Recently, Ensign's efforts expanded Mercur's project area to cover 62.6 square kilometers, presenting opportunities for exploration and development. Now, Revival Gold can focus on advancing metallurgy, optimizing geological models, and potentially conducting a preliminary economic assessment (PEA) at the site over the next 6–12 months.
最近，Ensign的努力將Mercur的項目面積擴大到62.6平方千米，爲勘探和開發提供了機會。現在，Revival Gold可以專注於推進冶金、優化地質模型，並有可能在未來6至12個月內對該場地進行初步經濟評估（PEA）。
With regional proximity offering new synergies, millions in equity financing and existing cash balances, and opportunistic growth potential, this merger is set to create a solid gold producer at a time when yellow metal shines the brightest.
由於鄰近的區域性帶來了新的協同效應，數百萬美元的股權融資和現有現金餘額以及機會主義的增長潛力，此次合併將在黃金最耀眼的時刻創造一個純金生產商。
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to licensing@benzinga.com to get started!
本辛加礦業是礦業公司和散戶投資者之間的橋樑。聯繫 licensing@benzinga.com 開始吧！
Also read: Fortuna Silver Mines Highlights Strong Q1 Gold, Silver Production Amid Precious Metal Surge
另請閱讀：Fortuna Silver Mines強調在貴金屬激增的情況下第一季度黃金和白銀產量強勁
Photo: Shutterstock
照片：Shutterstock
譯文內容由第三人軟體翻譯。