VanEck’s Joe Foster said at last week’s Beaver Creek Precious Metals Summit that Australia’s successful mid-tier gold regeneration could be repeated in North America in an improved gold and equity market.
Agro says he came out of semi-retirement to lead Revival Gold. The company wants to use the best modern exploration and metallurgical knowledge and methods to reboot the Beartrack-Arnett area, near Salmon in central Idaho, as a gold production centre.
Agro gave an update on progress at the Beaver Creek Summit and told Mining Journal the company’s longer-term vision was to build a “growth company in gold”, with a focus on the US and Canada.
The former Kinross Gold executive vice-president, and the rest of Revival’s high-calibre management group that includes chair Diane Garrett, former Meridian Beartrack site manager Pete Blakeley, and experienced geologist Steve Preiesmeyer, have been down that path before.
Agro said a widening gap between global gold production and reserve replenishment via new discoveries meant significant, quality finds would be accorded premium values by markets and big producers facing faster reserve depletion.
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