Revival Gold Intersects 1.04 g/t Gold Over 19.8 Meters & 0.85 g/t Gold Over 21.3 Meters in Shallow Drilling at Mercur

Executive Summary

• Revival Gold reports initial assay results from the first nine RC drill holes and one core hole at its Mercur Gold Project, showing multiple intercepts with grades ≥ 0.6 g/t Au over significant widths.
• The program is 40% complete (53 holes, 5,300 m of a planned 13,000 m), indicating the project remains on schedule and early results are consistent with the Inferred Mineral Resource and metallurgical models from the May 2025 PEA.
• No material changes to guidance were announced, but the positive grades support continued drilling aimed at resource conversion and future permitting.

Key Details

• Drilling Progress: 53 holes drilled; 5,300 m completed of a 13,000 m target (≈40% of program).
• Assay Highlights – RC Holes:
• RM25‑094: 0.85 g/t Au over 21.3 m (drilled width)
• RM25‑096: 0.73 g/t Au over 22.9 m (drilled width)
• RM25‑100: 1.04 g/t Au over 19.8 m (drilled width)
• RM25‑101: 0.63 g/t Au over 22.9 m (drilled width)
• Assay Highlight – Core Hole:
• RMC14‑014: 1.52 g/t Au over 7.6 m (drilled width)
• True widths are estimated at 65–100% of drilled widths; intercepts calculated using a 0.17 g/t cutoff grade.
• Drilling Configuration: Two reverse‑circulation rigs and one core rig operating on Main Mercur, focusing on mineral resource conversion and metallurgical testing.
• Metallurgical Indicator: AuCN/AuFA ratios (e.g., 85% for RM25‑094) suggest good heap‑leach recoverability.
• QA/QC Program: Certified reference materials, duplicates, blanks; analyses performed by ALS Geochemistry (Reno, NV & Vancouver, BC) and ALS Minerals (Vancouver, BC). Fire assay with AAS confirmation for >100 ppb Au; cyanide leach AAS finish applied where appropriate.
• Qualified Persons: Reviewed/approved by John Meyer, P.Eng., VP Engineering & Development, and Dan Pace, RM SME, Chief Geologist (both QPs).
• Forward‑Looking Statements: Management expects continued favorable grades; results to be released as additional assays become available.

Notable Quotes

“Revival Gold is off to a favourable start with excellent grades in shallow drilling from the first ten holes at Mercur this year,” – Hugh Agro, President & CEO.
“We are now 40% through the drilling program and initial assay results … are consistent with the levels of mineralization and leachability we’d hoped to see.” – Hugh Agro, President & CEO.