Revival Gold Inc. (TSX-V: RVG) (OTCQX: RVLGF) is pleased to provide further results from ongoing drilling at the Company’s Mercur Gold Project in Utah.
Highlights
“This year’s drilling at Mercur continues to align with the project’s PEA results and we are seeing strong indications of exploration upside beyond the current mine plan”, said Hugh Agro, President & CEO. “Mercur is a shallow oxide deposit, with a strike of about 4 kilometers in the Main Mercur area alone. Shallow depths and broad deposit extent translate into lower extraction costs and meaningful mine plan expansion potential.”
Mr. Agro continued, “With Mercur’s PEA economics estimated at $2,175 gold, and the current consensus long term gold price sitting at about $3,000 per ounce, projects like Mercur – which have the potential to move relatively quickly to production – offer investors significant upside exposure”.
Details
Revival Gold has completed 100 holes and about 10,000 meters of this year’s planned 13,000-meter drilling program. Figure 1 describes drill hole locations for the eleven holes released today. Figure 2 is a cross section through the Rover area at Main Mercur with drilling intercepts and resource blocks in the background. The figure shows broad alignment of this year’s drilling intercepts to the PEA block model. The figure further highlights the intercept of oxidized mineralization in RM25-120 showing resource expansion potential down-dip from the PEA pit shell.
Figure 1: Main Mercur Drill Plan Map and Current Results
Figure 2: Cross-Section 27900
Note: Figure reflects all drill results in the section as at November 17, 2025.
Full drilling results are presented in Table 1. In the program to date, the weighted average fire assay gold grade is 0.73 g/T and the AuCN/AuFA ratio, an indicator of gold leachability, is 83%. These results are generally consistent with the Inferred Mineral Resource and metallurgical models developed in the PEA.
Table 1: Detailed Drill Results
| Hole Number |
Area | Azimuth (deg.) |
Dip (deg.) |
From (m) |
To (m) |
Drilled Width (m)1 |
Fire Assay Gold Grade (g/T)2 |
AuCN/AuFA Ratio (%)3 |
| RMC25-015 | Sacramento | 320 | -60 | 110.2 | 126.0 | 15.9 | 0.43 | 85 |
| 54% Recovery4 | 126.0 | 133.2 | 7.2 | 0.26 | 66 | |||
| 133.2 | 139.2 | 6.0 | 0.27 | 84 | ||||
| RMC25-017 | Rover | 0 | -90 | 11.6 | 16.2 | 4.6 | 0.74 | 92 |
| 50.1 | 63.0 | 12.9 | 1.67 | 59 | ||||
| Including | 58.5 | 60.1 | 1.6 | 9.44 | 60 | |||
| RM25-110 | Rover | 240 | -70 | 47.2 | 71.6 | 24.4 | 0.66 | 78 |
| RM25-112 | Rover | 280 | -60 | 0.0 | 6.1 | 6.1 | 0.56 | 99 |
| 47.2 | 62.5 | 15.2 | 0.34 | 91 | ||||
| RM25-113 | Rover | 200 | -70 | 56.4 | 80.8 | 24.4 | 0.89 | 78 |
| RM25-114 | Rover | 280 | -60 | 50.3 | 59.4 | 9.1 | 0.37 | 92 |
| RM25-117 | Rover | 24 | -65 | 33.5 | 77.7 | 44.2 | 1.39 | 86 |
| Including | 45.7 | 53.3 | 7.6 | 4.28 | 95 | |||
| RM25-118 | Rover | 300 | -60 | 50.3 | 57.9 | 7.6 | 0.22 | 73 |
| RM25-119 | Rover | 205 | -60 | 54.9 | 62.5 | 7.6 | 0.23 | 52 |
| RM25-120 | Rover | 240 | -70 | 32.0 | 38.1 | 6.1 | 0.65 | 91 |
| 67.1 | 91.4 | 24.4 | 0.95 | 88 | ||||
| RM25-123 | Rover | 350 | -65 | 53.3 | 67.1 | 13.7 | 0.27 | 80 |
Notes:
1 True width for all holes is estimated to be 65-100% of drilled width. Numbers may not add up due to rounding.
2 Mineralized intercepts calculated based on a 0.17 g/T cutoff grade allowing up to two intervals of internal dilution.
3 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.
4 2.9 meters of lost material in 126 to 133.2 meters was assigned zero grade for Fire Assay Gold Grade and not included in the AuCN/AuFa Ratio.
The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as summarized in the PEA.
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.
For further information, please contact:
Scott Trebilcock, VP, Corporate Development & Investor Relations
Telephone: (416) 366-4100 or Email: info@revival-gold.com
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