Mr. Hugh Agro reports

REVIVAL GOLD INTERSECTS 8.4 G/T GOLD OVER 6.2 METERS AND 8.5 G/T GOLD OVER 3.4 METERS SUPPORTING OVERALL CONTINUITY OF MINERALIZATION AT THE BEARTRACK-ARNETT JOSS TARGET

Revival Gold Inc. has released successful wedge hole drilling results from the Joss target area at the company's Beartrack-Arnett project located in Idaho, United States.

Highlights

• Wedge hole BT26-254DW (offset 12 to 22 metres from primary hole BT26-254D) intercepted:
  • 2.2 grams per tonne gold over 49.5 metres drilled width at 799 metres downhole including:
    • 8.4 g/t gold over 6.2 metres drilled width at 828 metres downhole.
• Wedge hole BT26-255DW (offset 21-69 metres from primary hole BT26-255D) intercepted:
  • 7.9 g/t gold over 2.2 metres drilled width at 484 metres downhole;
  • 4.3 g/t gold over 21.6 metres drilled width at 551 metres downhole including:
    • 8.5 g/t gold over 3.4 metres drilled width at 555 metres downhole.
• Previously reported primary hole BT26-254D intersected 2.37 g/t gold over 147.2 metres drilled width including 14.9 g/t gold over 5.9 metres drilled width (see Revival Gold news release dated June 25, 2026).
• Previously reported primary hole BT26-255D intersected 3.43 g/t gold over 131.7 metres drilled width including a high-grade interval of 6.56 g/t gold over 42.5 metres drilled width (see Revival Gold news release dated Aug. 4, 2026).
• All five primary drill holes and three wedge holes completed in this year's drilling program at Joss intersected the gold-bearing Panther Creek shear zone (PCSZ) (see Revival Gold news releases dated April 20, June 25 and Aug. 4, 2026).
• Today's wedge hole results support the overall continuity of structures at Joss. Joss has a known mineralized strike of about 1.2 kilometres, and multiple higher-grade (plus two g/t gold) mineralized zones with horizontal (true) widths of two to 20 metres within a larger lower-grade halo that ranges from five to 70 metres true width and remains open along strike and at depth.
• Preparation of updated geological models is under way. Additionally, Revival Gold has contracted Engcomp Engineering to advise on potential underground mining approaches and costs and SGS Lakefield to conduct a further phase of metallurgical testing on higher-grade material from Joss. Results are expected in the early new year.
• Meanwhile, work has commenced on an expansion of Revival Gold's core logging and storage facilities at the Beartrack-Arnett site in preparation for potential follow-up drilling to further develop and evaluate the plunge/extension of higher-grade intervals.

"Beartrack-Arnett continues to impress with today's drilling results providing crucial support for the overall continuity of mineralized structures in the Joss underground deposit area. This year's successful program -- including wedge hole drilling -- has increased confidence in our ability to accelerate the pace and efficiency at which we might confirm the mineability of Joss," said Hugh Agro, president and chief executive officer.

Mr. Agro continued: "With this year's drilling now complete, the project team has turned to the task of updating geological models, advancing engineering concepts for potential future mining and processing, and expanding our base of operations at site. We look forward to providing further updates on this important potential value catalyst for Revival Gold later in the year."

Background

The Beartrack-Arnett gold project is a structurally controlled orogenic gold deposit striking north-south within the PCSZ. The deposit is subject to an earn-in agreement for 100 per cent by Revival Gold and is one of the top 5 new gold discoveries made in the United States in the last 15 years (S&P Capital IQ pro. Discovery is defined as an increase of gold Mineral Resources and Reserves, starting from no resource in 2010 to today).

In the Joss area, the project currently hosts an underground sulphide inferred mineral resource of 6,745,000 tonnes grading 4.05 g/t for 877,000 ounces of gold that is not included in Beartrack-Arnett's 2023 first phase open pit, heap leach PFS economics (see "Preliminary Feasibility Study NI 43-101 Technical Report on the Beartrack-Arnett Heap Leach Project, Lemhi County, Idaho, USA" prepared by Kappes, Cassidy & Associates, IMC, KCH and WSP dated Aug. 2, 2023, for further details).

The 2026 drilling program in the Joss area was designed to expand the area of known mineralization, augment an update to the Beartrack-Arnett's mineral resources estimate and potentially support a future underground mine economic study.

Detailed results

Detailed results from BT26-254DW and BT26-255DW are presented in the attached table.

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 Twin Falls, Idaho. Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nev., and Vancouver, B.C. ALS Minerals is an ISO/IEC 17025:2017-accredited lab.

Gold assays are determined on half sawn PQ and HQ core by fire assay and atomic absorption spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).

Qualified persons

Technical information included in this news release was reviewed and approved by John Meyer, PEng, a QP and executive vice-president, engineering and development, for the company, and Dan Pace, RM SME, a QP and chief geologist for the company.

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.

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