Mr. Hugh Agro reports

REVIVAL GOLD KICKS OFF 16,000-METRE DRILL PROGRAM AT MERCUR GOLD PROJECT IN UTAH

Revival Gold Inc. has mobilized rigs for the 2026 drilling program at the company's Mercur gold project in Utah.

Highlights

• The 2026 Mercur drill program is planned for 16,000 metres of reverse circulation (RC), core and auger drilling.

Building on successful 2025 drilling, the 2026 Mercur drilling campaign is targeting:

• Completion of infill drilling to support a prefeasibility study (PFS) for release in the first quarter of 2027;

• Follow-up on resource extension targets at Main Mercur and high-grade intercepts at South Mercur;

• Geotechnical, hydrogeological and condemnation drilling in support of PFS engineering;

• Auger drilling to test Mercur's historical heap leach pads for potential future inclusion in Revival Gold's mine plans.

• Two RC rigs have mobilized to site with the first hole collared and advancing.

"Revival Gold drilled 115 holes for a total of almost 12,000 metres at Mercur in 2025. During the 2025 program the company intercepted mineralization in multiple locations outside the current resource area," said Hugh Agro, president and chief executive officer.

Mr. Agro continued: "Revival Gold shares responded favourably to results from the company's 2025 program enabling our recently announced $30-million financing. With this shareholder support we embark on a 16,000-metre 2026 drilling program of infill and exploration drilling and to complete engineering data collection in support of a PFS planned for release in Q1 2027."

Marketing Services agreements

The company would also like to announce that it has engaged the services of High Tide consulting Corp. to provide corporate communications, investor relations and strategic marketing services. High Tide is expected to heighten capital market awareness and understanding of the company and to assist with managing investor communications and expectations, through various outreach and marketing programs. The company and High Tide have entered into an independent contractor's agreement dated April 24, 2026, where High Tide will receive a cash fee of $5,000 plus applicable taxes per month. The contractor's agreement is for an initial term of three months, is renewable by the company and may be terminated by either party on at least 30 days written notice. High Tide is a company based in British Columbia, and offers a full suite of investor relations and communications services for public and private companies. High Tide is an arm's-length party to the company.

In addition, the company has engaged Equity Catalyst Partners, LLC (ECP), an arm's-length service provider, to provide the company certain investor relations and marketing services, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Based in Washington, ECP specializes in media and investor relations services, within the natural resource sector. Under a consulting agreement dated April 24, 2026, ECP will provide media relations, investor communication and market awareness services to the company for a six-month term for a one-time fee of $45,000 (U.S.), payable at the commencement of services. The company will not issue any securities to ECP as compensation for its services.

As of the date hereof, to the company's knowledge, neither High Tide nor ECP (including their respective directors and officers) own any securities of the company. The contractor's agreement and consulting agreement are subject to TSX Venture Exchange approval.

Qualified persons

Technical information included in this news release was reviewed and approved by John Meyer, PEng, a QP and 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 gold mine developers in the United States. The company is advancing development of the Mercur gold project in Utah and exploration at the Beartrack-Arnett gold project located in Idaho. The company is headquartered in Toronto, and its U.S. exploration and development office located in Salmon, Idaho.

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