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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

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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

 

 

 

 

 

Revival Gold Inc. (TSX-V: RVG) (OTCQX: RVLGF)  is pleased to report initial results from this year’s drilling program at the Company’s Mercur Gold Project located in Utah, U.S.A.

 

Highlights

  • Revival Gold has completed 53 holes, and 5,300 meters of this year’s planned 13,000-meter drilling program.
  • Assay results have been received for the first nine RC drill holes (RM25-088, 090, 091, 092, 094, 095, 096, 100, and 101) located in the Marion Hill and Rover areas and the first core drill hole (RMC25-014) located in the Mercur Hill area and include:
    • RM25-094 intersected 0.85 g/t gold over 21.3 meters drilled width1
    • RM25-096 intersected 0.73 g/t gold over 22.9 meters drilled width1
    • RM25-100 intersected 1.04 g/t gold over 19.8 meters drilled width1
    • RM25-101 intersected 0.63 g/t gold over 22.9 meters drilled width1
    • RMC14-014 intersected 1.52 g/t gold over 7.6 meters drilled width1

1 True width for all holes is estimated to be 65-100% of drilled width.

  • Drilling is ongoing with two RC rigs and one core rig at Main Mercur focused on mineral resource conversion and metallurgical testing.
  • In general, mineralization and leachability results collected to date in the 2025 program are consistent with the Inferred Mineral Resource and metallurgical models developed for the Mercur Preliminary Economic Assessment (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 is off to a favourable start with excellent grades in shallow drilling from the first ten holes at Mercur this year,” said Hugh Agro, President & CEO. “We are now 40% through the drilling program and initial assay results from drill holes sampled to date are consistent with the levels of mineralization and leachability we’d hoped to see. Additional assay results will be released as they become available in the weeks and months ahead,” added Agro.

 

Figure 1 describes drill hole locations. Detailed drill results are presented in Table 1.

 

Figure 1: Main Mercur Drill Plan Map

 

 

Table 1: Detailed Drill Results

 

Hole Number Area Azimuth (deg.) Dip (deg.) From (m) To (m) Drilled Width  (m) Fire Assay Gold Grade (g/t) AuCN/AuFA Ratio (%)
RM25-088 Marion Hill 0 -90 32.0 47.2 15.2 0.61 77
RM25-090 Marion Hill 0 -90 24.4 53.3 29.0 0.49 90
        64.0 67.1 3.0 0.35 82
RM25-091 Marion Hill 60 -50 38.1 47.2 9.1 0.5 98
        67.1 70.1 3.0 0.32 75
RM25-092 Marion Hill 265 -70 29.0 51.8 22.9 0.51 97
        56.4 61.0 4.6 0.49 91
RM25-094 Marion Hill 285 -60 48.8 70.1 21.3 0.85 85
        99.1 103.6 4.6 0.28 76
        108.2 121.9 13.7 0.27 76
RM25-095 Marion Hill 210 -70 50.3 71.6 21.3 0.39 92
RM25-096 Marion Hill 135 -65 51.8 74.7 22.9 0.73 67
RM25-100 Rover 270 -60 65.5 85.3 19.8 1.04 85
RM25-101 Rover 250 -60 50.3 73.2 22.9 0.63 96
RMC25-014 Mercur Hill 250 -80 78.9 83.3 4.4 0.82 66
        112.2 119.8 7.6 1.52 86
        123.3 126.3 3.0 0.64 79
                 

1 True width for all holes is estimated to be 65-100% 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.

 

The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as summarized in the Company’s 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, for further details.

 

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. 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 and quarter-sawn PQ core by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).  One quarter of the PQ core samples were submitted for assay, one quarter is kept for sample archive, and one half is preserved for future metallurgical column tests. 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 Vice President, Engineering and Development for the Company, and Mr. Dan Pace, RM SME, a QP and Chief Geologist for the Company.

 

About Revival Gold Inc.

 

Revival Gold is one of the largest, pure gold mine developers in the United States. The Company is advancing development of the Mercur Gold Project in Utah and mine permitting preparations and ongoing 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 exploration and development office located in Salmon, Idaho.

 

Posted October 6, 2025

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