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Rev Exploration Corp
Symbol REVX
Shares Issued 60,710,106
Close 2026-10-29 C$ 1.55
Market Cap C$ 94,100,664
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Rev finds helium shows at Aden Dome in Alberta

2026-10-30 12:10 ET - News Release

Mr. Jordan Potts reports

REV DRILLS INTO MULTIPLE HELIUM-BEARING HORIZONS AT ADEN DOME

Highly elevated helium concentrations with exceptional reservoir properties via geophysical logs have been identified across multiple distinct geological horizons in Rev Exploration Corp.'s maiden drilling program at the Aden Dome property along the Alberta-Montana border, setting up the near-term potential of a new helium discovery in the Sweet Grass Corridor as the company also prepares for first-ever drilling at its nearby West Butte project.

Highlights

  • Detailed evaluation of the several helium zones encountered begins the week of Nov. 2, 2026, as Rev has immediately contracted a service rig to test for pressure, reservoir quality, gas composition and potential deliverability.
  • The discovery of helium across multiple horizons provides compelling evidence for an active helium charge, migration pathway from source and trapping mechanism at the Aden Dome, while materially expanding the number of potential reservoir targets for future drilling and completion operations.
  • While drilling for helium, Rev encountered a strong natural hydrogen show in the basement complex near the contact with the Basal Cambrian Sandstone formation.
  • Initial success at Aden will help to optimize drill targets for the company's promising West Butte project 20 miles to the west-southwest and several additional play concepts are being developed in tandem on additional properties.
  • The Trump administration, through the United States Department of Energy, recently added helium to America's Critical Material List.

Shayne Neigum, vice-president, exploration, for Rev, commented: "The identification of helium in multiple independent horizons is particularly significant because it suggests helium charge has migrated from the source rocks through the geological system and accumulated at multiple stratigraphic and structural levels. Equally important, these results do not exist in isolation. They complement the significant exploration success already achieved nearby and provide further evidence that we are operating within a highly prospective Helium-rich regional system that we will test again shortly with our biggest project in Montana, West Butte."

U.S. Department of Energy (DOE) Critical Material List notice

On Oct. 23, 2026, the U.S. Department of Energy announced that Secretary of Energy Chris Wright had designated helium as a critical material due to its essential role in domestic manufacturing and high vulnerability to supply chain disruptions. The DOE highlighted Helium as non-substitutable for critical energy and technology functions, including semiconductor manufacturing, leak detection and quantum computing. The designation reinforces the strategic importance of Rev's helium portfolio in the Northern Great Plains.

CEO commentary

Jordan Potts, Rev chief executive officer and director, stated: "Helium is essential to America's economic and national security and its technological future. These exciting initial results at Aden are an important step as we build an American-leading, target-rich helium portfolio."

About Rev Exploration Corp.

Rev is a mineral exploration company with a diversified portfolio of strategic mining assets, together with meaningful and growing exposure to the helium and natural hydrogen sectors focused on America's Northern Great Plains and southernmost Alberta along the Montana border. The company owns oil and gas leasehold interests in Montana covering approximately 10,600 acres, in addition to a series of PNG leases in Alberta along the Alberta-Montana border, including the Aden Dome project. Rev also owns six million shares of Max Power Mining Corp. (Canadian Securities Exchange: MAXX; OTC: MAXXF) and 12.4 million shares of Major Gold Corp., a private company that is pursuing a listing on the TSX Venture Exchange.

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