Revival Gold Inc. (TSX-V: RVG) (OTCQX: RVLGF) is pleased to announce the completion of planned 2026 infill drilling at the Company’s Mercur Gold Project located in Utah, U.S.A.

Highlights

• Revival Gold has completed approximately 10,000 meters of infill drilling in 100 reverse circulation holes at Mercur this year.
• Infill drilling was undertaken with the goal of upgrading Inferred Mineral Resources to the Measured and Indicated categories in support of a planned Preliminary Feasibility Study targeted for completion at the end of Q1 2027. Results from the first thirteen RC drill holes were released in July.
• Results from a further seventeen RC drill holes are tabled below (RM26-180, 181, 185, 191, 192, 193, 198, 199, 200, 201, 202, 203, 205, 206, 207, 208, and 212) located in the South Mercur and Main Mercur areas (see Figures 1 and 2). Results include:
  • 1.82 grams per tonne gold over 29.0 meters width¹ at 66 meters downhole in RM26-180
  • 1.32 g/T gold over 45.7 meters width¹ at 17 meters downhole in RM26-193
  • 0.90 g/T gold over 54.9 meters width¹ at 69 meters downhole in RM26-201
  • 0.75 g/T gold over 44.2 meters width¹ at 12 meters downhole in RM26-192
• Infill drilling results to date continue to support the grade and leachability estimates outlined in Revival Gold’s 2025 Preliminary Economic Assessment² and highlight potential expansion opportunities in heap leachable material beyond the PEA mine plan.
• Drilling is ongoing with three rigs at Mercur, focused on completing a further 8,000 meters of planned exploration and engineering drilling for a total program of about 18,000 meters this year.

¹True width for all holes is estimated to be 60-95% of drilled width.

² See “Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC, dated May 2nd, 2025.

“Revival Gold’s Mercur project team has made excellent progress with infill drilling this year. Gold grades, cyanide soluble to fire assay ratios, and encountered geology continue to support Revival Gold’s expectations for the project coming out of last year’s PEA,” said Hugh Agro, President & CEO. “Indeed, with an average hole depth of only 100 meters, and indications of open structures east and west and at depth across the deposit, the infill program has increased our enthusiasm for the company’s future exploration drilling plans scheduled for later this year and into next,” added Agro.

2026 Mercur Drilling Program

Revival Gold has completed approximately 10,000 meters of infill RC drilling in 100 holes at Mercur this year. Results from the first thirteen infill RC drill holes were released in July (see Revival Gold news release dated July 15^th, 2026).

Results from a further seventeen infill RC drill holes are illustrated on Figures 1 and 2 with detailed drilling results presented in Table 1.

Figure 1: South Mercur Drill Plan Map

 Figure 2: Main Mercur Drill Plan Map

Table 1: Detailed Drill Results

 Notes:

¹ True width for all holes is estimated to be 60-95% of drilled width. Numbers may not add up due to rounding.

² AuCN/AuFA is the ratio of cyanide soluble gold assay to total gold in fire assay and provides an indication of potential heap leach recoverability for the material sampled.

³ Mineralized intercepts are calculated based on a 0.17 g/T cutoff grade allowing up to two intervals of internal dilution.

⁴ No recovery and non-assayed intervals are assigned a 0 (nil) value for intercept calculation.

Results from the remaining approximately 70 infill RC drill holes completed to date will be released within the next couple of months as they become available.

The balance of the year’s drilling at Mercur is expected to include about 2,500 meters of RC drilling and 1,200 meters of auger drilling to pursue potential resource expansion opportunities. Geotechnical, hydrological, and metallurgical drilling are expected to make up an additional 4,100 meters of RC, core and auger drilling.

Figure 3 below provides an overview of the entire 2026 drilling program showing completed and planned collar locations for approximately 18,000 meters of drilling.

Figure 3: 2026 Mercur Drilling Program Overview

QA/QC Program

Quality Assurance/Quality Control consists of the regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream. Sample results are analyzed immediately upon receipt, and all discrepancies are investigated. Samples are submitted to the ALS Geochemistry sample preparation facility in Elko, Nevada and Twin Falls, Idaho. Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab.

Gold assays are determined on reverse circulation drill cuttings by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23). For samples containing greater than 100 ppb Au as determined by Fire Assay, gold content is also determined by cyanide leach with an AAS finish on a nominal 30-gram sample weight (Au-AA13). Multi-element geochemical analyses are completed on composites samples from selected drill holes using the ME-MS 41 method.

Qualified Persons

Technical information included in this news release was reviewed and approved by Mr. John Meyer, P.Eng., a QP and Executive Vice President, Engineering and Development for the Company, and Mr. Everett Brill, RM SME, a QP and Exploration Manager, with the Company’s Mercur Gold Project.

About Revival Gold Inc.

Revival Gold is one of the largest, pure-play gold mine developers in the United States. The Company is advancing development of the Mercur Gold Project in Utah and conducting exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its U.S. exploration and development office located in Salmon, Idaho.