Mr. Hugh Agro reports

REVIVAL GOLD COMPLETES 2026 INFILL DRILLING PROGRAM AT MERCUR GOLD PROJECT IN UTAH

Revival Gold Inc. has completed planned 2026 infill drilling at the company's Mercur gold project located in Utah, United States.

Highlights

• Revival Gold has completed approximately 10,000 metres of infill drilling in 100 reverse circulation (RC) holes at Mercur this year.
• Infill drilling was undertaken with the goal of upgrading inferred mineral resources to the measured and indicated categories in support of a planned preliminary feasibility study (PFS) targeted for completion at the end of Q1 2027. Results from the first 13 RC drill holes were released in July.
• Results from a further 17 RC drill holes are tabled (RM26-180, 181, 185, 191, 192, 193, 198, 199, 200, 201, 202, 203, 205, 206, 207, 208 and 212) located in the South Mercur and Main Mercur areas. Results include:
  • 1.82 grams per tonne (g/t) gold over 29.0 metres width at 66 metres downhole in RM26-180;
  • 1.32 g/t gold over 45.7 metres width at 17 metres downhole in RM26-193;
  • 0.90 g/t gold over 54.9 metres width at 69 metres downhole in RM26-201;
  • 0.75 g/t gold over 44.2 metres width at 12 metres downhole in RM26-192.
• Infill drilling results to date continue to support the grade and leachability estimates outlined in Revival Gold's 2025 preliminary economic assessment (PEA) and highlight potential expansion opportunities in heap leachable material beyond the PEA mine plan.
• Drilling is continuing with three rigs at Mercur, focused on completing a further 8,000 metres of planned exploration and engineering drilling for a total program of about 18,000 metres this year.

"Revival Gold's Mercur project team has made excellent progress with infill drilling this year. Gold grades, cyanide soluble to fire assay ratios and encountered geology continue to support Revival Gold's expectations for the project coming out of last year's PEA," said Hugh Agro, president and chief executive officer. "Indeed, with an average hole depth of only 100 metres, and indications of open structures east and west and at depth across the deposit, the infill program has increased our enthusiasm for the company's future exploration drilling plans schedulled for later this year and into next," added Mr. Agro.

2026 Mercur drilling program

Revival Gold has completed approximately 10,000 metres of infill RC drilling in 100 holes at Mercur this year. Results from the first 13 infill RC drill holes were released in July (see Revival Gold news release dated July 15, 2026).

Results from a further 17 infill RC drill holes with detailed drilling results presented in Table 1.

Results from the remaining approximately 70 infill RC drill holes completed to date will be released within the next couple of months as they become available.

The balance of the year's drilling at Mercur is expected to include about 2,500 metres of RC drilling and 1,200 metres of auger drilling to pursue potential resource expansion opportunities. Geotechnical, hydrological and metallurgical drilling are expected to make up an additional 4,100 metres of RC, core and auger drilling.

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

Gold assays are determined on reverse circulation drill cuttings by fire assay and atomic absorption spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23). For samples containing greater than 100 ppb (parts per billion) 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). Multielement 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 John Meyer, PEng, a QP and executive vice-president, engineering and development, for the company, and Everett Brill, RM SME, a QP and exploration manager, with the company's Mercur gold project.

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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