Toronto, ON – February 10^th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to provide the latest drilling results from the 2025 drilling program at the Company’s Mercur Gold Project (“Mercur”) located in Utah.

Drilling Highlights

• Assay results have been received from an additional twenty drill holes with the following highlight intersections in near-surface oxide gold mineralization at Mercur:
  • 1.0 g/T gold over 30.5 meters width at 25.9 meters downhole in RM25-165;
  • 0.74 g/T gold over 38.1 meters width at 16.8 meters downhole in RM25-164; and
  • 0.9 g/T gold over 30.5 meters width at 13.7 meters downhole in RM25-163.
• Additionally, drilling has extended gold mineralization outside the known Mineral Resource¹ north of the Rover area in holes RM25-155 and RM25-157 with:
  • 1.0 g/T gold over 10.7 meters width at 59.4 meters downhole in RM25-155; and
  • 1.3 g/T gold over 15.2 meters width at 80.8 meters downhole in RM25-155.
• Continued confirmation of gold occurrence, grade and leachability with 2025 Preliminary Economic Assessment (“PEA”) estimates.¹
• Average vertical depth to start of mineralization is about 32 meters for holes released to-date, reflecting the shallow nature of the Mercur mineralization.

¹ See “Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC, dated May 2nd, 2025.

“Revival Gold’s 2025 drilling at Mercur was primarily designed to upgrade resources on the project, but we also wanted to test for near resource extensions where possible.  Today’s results in RM25-155 and RM25-157 drilled below a soil geochem anomaly north of Rover confirms the exciting prospectivity of this area.”, said Hugh Agro, President & CEO.

Mr. Agro continued, “Revival Gold holds a 7,200-hectare land package that was previously fractured between past operators Homestake and Barrick.  With the project now consolidated, our team is promptly moving Mercur through redevelopment while continuing to demonstrate opportunities for future resource growth ahead.”

Mercur Drilling Details

The 2025 drilling program at Mercur finished in December with 115 RC and core holes completed.  86 holes have been released to-date.  Data collected will support the Company’s planned pre-feasibility study, a major milestone on the path to restarting gold production at Mercur.

Drilling results collected to-date at Mercur are generally consistent with the Inferred Mineral Resource and metallurgical models developed for the Mercur PEA.

Figure 1 describes drill hole locations for the results released today. Full drill results are presented in Table 1 below.

Figure 1: Main Mercur Drill Plan Map – February 10^th, 2026 Results

RM25-155 and RM25-157 intercepted multiple zones of oxide mineralization outside the resource pit area to the north of Rover.  The mineralization is consistent with a soil anomaly northeast of Rover and could extend further north (see Figure 2 for details).  Hole RM-157 bottomed in mineralization after being terminated short of target depth.

Figure 2 – Northeast Rover Target and Highlight Intercepts

Note: Details for drill hole RM25-117 are available in Revival Gold news release dated November 17, 2025, and details for drill hole EN054 are available in the Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC, dated May 2nd, 2025.

Table 1: Detailed Drill Results

¹ True width for all holes is estimated to be 70-100% 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 2 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 NSI stands for no significant intercept above the 0.17 g/t cutoff grade.

⁵ Drillhole lost short of target stratigraphy

⁶ No recovery and non-assayed intervals are assigned a 0 value for intercept calculation.

The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as summarized in the PEA.

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, Nevada. Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab.

Gold assays are determined on reverse circulation drill cuttings and quarter-sawn PQ core by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23). One quarter of the PQ core samples were submitted for assay, one quarter is kept for sample archive, and one half is preserved for future metallurgical column tests. For samples containing greater than 100 ppb 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). Multi-element 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 Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for the Company, and Mr. 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 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

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to: Statements with respect to the Company’s exploration, metallurgy, permitting and development activities, the goals and expected outcomes of the planned drilling and development program at Mercur, and the expectation that the Company will proceed with the potential completion of a pre-feasibility study  and formal launch of mine permitting on the Project.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: the Company’s ability to finance the development of its mineral properties; uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at the projects and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Toronto, ON – December 22^nd, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce that it has delivered a notice to exercise its option (the “Option”) to acquire 100% of Barrick Mining Corporation’s (“Barrick”) interest in the Mercur Gold Project (“Mercur”) in Utah, marking a significant step forward on the path to re-starting production.  The Option was granted and exercised pursuant to the Mineral Lease and Option to Purchase Agreement dated May 13^th, 2021, as amended (“Option Agreement”) among certain wholly owned subsidiaries of the Company and certain affiliates of Barrick.

The Option Agreement covers mineral interests amounting to 996 hectares, bringing the total Mercur project area to approximately 7,200 hectares.  Revival Gold and its affiliates had previously consolidated ground held by a successor to Homestake Mining Company and various other owners.

Revival Gold completed a Preliminary Economic Assessment on the Mercur Gold Project in mid-2025 (the “PEA”) and undertook a 13,000-meter drill program this year to, among other things, support a planned 2026 pre-feasibility study and start the state mine permitting process in Utah.

Mercur Heap Leach PEA Highlights¹

• Life-of-mine average production of 95,600 ounces of gold per year over a 10-year mine life;
• After-tax NPV of $294 million at a 5% discount rate and a gold price of $2,175 per ounce, increasing to a $752 million NPV at a gold price of $3,000 per ounce; and
• Mine permitting is expected to take about two years to complete.

“Barrick produced 1.4 million ounces of gold at Mercur, but never controlled the contiguous Homestake claims and west Mercur land position.  This option exercise completes the consolidation of a large Carlin-style gold system – a rarity outside the Nevada gold majors – and comes with paved road access, an energized powerline to the site and extensive technical information”, said Hugh Agro, President & CEO.  “Mercur is our top priority to move to production.  Utah is a favourable jurisdiction, and we expect a relatively short timeline to re-permit Mercur for mining.”

Mr. Agro continued, “Mercur’s PEA economics have the potential to drive transformational value for Revival Gold’s shareholders.  Barrick has operated to high standards of environmental and community stewardship at Mercur and Revival Gold is committed to upholding the same high standards.”

Note:  ¹See the technical report entitled “NI 43-101 Technical Report – Preliminary Economic Assessment for the Mercur Gold Project, Camp Floyd and Ophir Mining District, Tooele and Utah Counties, Utah, USA,” prepared by Kappes, Cassiday & Associates, and RESPEC Company LLC, with an effective date of March 25, 2025

Option Exercise Details

Pursuant to the Option Agreement, Revival Gold must have incurred at least C$6 million in exploration expenditures prior to January 2^nd, 2026, which has been completed. In accordance with the terms of the Option Agreement, to exercise the Option, Revival Gold will enter into a membership interest purchase agreement (the “MIPA”) with Barrick Gold Exploration Inc. pursuant to which Revival Gold will acquire Barrick Resources (USA) Inc. (or a successor company thereof) (the “Acquisition”).  Revival Gold will compensate Barrick as follows, with each such payment being in cash, or at the sole discretion of Barrick, in Revival Gold common shares: US$5 million on the closing of the Option and US$5 million on each of the first, second and third anniversary of commercial production.

In addition, on closing of the Option, in accordance with the terms of the Option Agreement, Revival Gold will grant Barrick a 2% net smelter return royalty over the mineral interests which are subject of the Option Agreement (the “Mining Claims”) and a 1% net smelter return royalty on all mineral properties of which Revival Gold has an interest within 1 kilometre of the Mining Claims (“Barrick Area of Interest”). An overview of the Mercur land package highlighting property interests associated with the Option Agreement is provided in Figure 1.

Figure 1: Mercur Gold Project Land Package

The closing of the Acquisition is expected to occur on or around April 1^st, 2026, and is subject to certain conditions including, but not limited to, all necessary regulatory approvals, execution of the MIPA and other customary closing conditions including Revival Gold taking on environmental surety bonding.  Revival Gold is working closely with Barrick to transition site management and is committed to continuing the strong stewardship standards set by Barrick.

Qualified Persons

Technical information included in this news release was reviewed and approved by Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for the Company.

About Revival Gold

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

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to:  statements regarding the results of the PEA on Mercur, such as future estimates of internal rates of return, net present value, future production, estimates of mine life estimates, cash flow forecasts, metal recoveries, estimates of capital and operating costs, timing for permitting, intentions to complete of feasibility studies, the timing of phased development of Mercur, the exercise of the Option, the entering into the MIPA, the exercise of the Option representing  a significant step forward on the path to production at Mercur, the goals of Revival Gold’s drill program at Mercur, that Mercur’s PEA economics have the potential to drive transformational value for Revival Gold’s shareholders and the satisfaction of closing conditions of the Acquisition.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: inability to receive all necessary regulatory approvals for the Acquisition and transactions associated therewith, inability to enter into the MIPA on terms and conditions acceptable to the Company, inability to complete the Acquisition, the Company’s ability to finance the development of its mineral properties; assumptions and discount rates being appropriately applied to the PEA,uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at  Mercur and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Toronto, ON – December 9^th, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to provide an update on the ongoing drilling program at the Company’s Mercur Gold Project (“Mercur”) in Utah.

Highlights

• Revival Gold has completed 108 holes for a total of 11,300 meters of the planned 13,000-meter drilling program.
• Received assay results from ten additional drill holes with the following highlight intersections:
  • 1.3 g/t gold over 18.3 meters width at 33.5 meters downhole in RM25-127
  • 0.62 g/t gold over 24.4 meters width at 56.4 meters downhole inRM25-122
  • 0.64 g/t gold over 18.3 meters width at 48.8 meters downhole in RM25-116
  • 0.46 g/t gold over 56.4 meters width at 53.3 meters downhole in RMC25-133
• Three intercepts extend outside the current pit designs indicating potential upside in the Rover area of the deposit.
• Continued confirmation of gold occurrence, grade and leachability with PEA estimates.
• Drilling continues with two rigs turning and additional results are pending.

“Earlier this year, Revival Gold completed a Mercur PEA defining a simple, shallow heap leach gold project.  We are currently infill drilling inferred resources and have hit several intercepts outside the resource area, indicating potential upside”, said Hugh Agro, President & CEO. “Overall, we continue to see results consistent with the PEA resource and metallurgical estimates.”

Mr. Agro continued, “This year’s drilling is in support of a planned 2026 pre-feasibility study, the next step on the path to restarting production at Mercur.  We are almost 90% through the program and are excited by the results to date.”

Details

Results for RM25-126, RM25-134 and RM25-133 extend outside the current pit designs indicating potential upside in the Rover area. Leachability results for drill hole data collected to-date at Mercur are consistent with the Inferred Mineral Resource and metallurgical models developed for the Mercur Preliminary Economic Assessment (see “Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2^nd, 2025).

The program at Mercur commenced on July 12^th and is planned for 13,000 meters.  Drilling is ongoing with two RC drilling rigs focused on upgrading Inferred Mineral Resources.  As of December 5, 2025, Revival Gold has completed 108 holes and 11,300 meters.  Data collected will support the Company’s planned 2026 pre-feasibility study (“PFS”), a major milestone on the path to restarting gold production at Mercur.

Figure 1 describes drill hole locations for the results released today. Full drill results are presented in Table 1.

Figure 1: Main Mercur Drill Plan Map

Table 1: Detailed Drill Results

Hole Number	Area	Azimuth (deg.)	Dip (deg.)	From (m)	To  (m)	Drilled Width1  (m)	Fire Assay Gold Grade2 (g/t)	AuCN/AuFA Ratio (%)3
RM25-115	Rover	320	-70	3.0	9.1	6.1	0.87	90
				19.8	24.4	4.6	0.39	64
				45.7	73.2	27.4	0.38	58
RM25-116	Rover	0	-90	4.6	12.2	7.6	1.00	91
				21.3	25.9	4.6	0.36	71
				48.8	67.1	18.3	0.64	50
RM25-122	Rover	90	-75	56.4	80.8	24.4	0.62	79
RM25-126	Rover	220	-70	16.8	42.7	25.9	0.34	32
RM25-127	Rover	300	-50	7.6	13.7	6.1	0.81	88
				33.5	51.8	18.3	1.33	37
RM25-129	Rover	210	-60	7.6	13.7	6.1	0.72	88
				36.6	45.7	9.1	0.38	13
				50.3	57.9	7.6	0.30	46
				65.5	73.2	7.6	0.29	95
RM25-133	Rover	140	-60	7.6	12.2	4.6	0.99	87
				53.3	109.7	56.4	0.46	80
RM25-134	Rover	70	-60	9.1	12.2	3.0	1.18	98
				50.3	57.9	7.6	0.75	73
				67.1	76.2	9.1	0.40	51
RMC25-016	Rover	0	-90	43.8	45.8	2.0	0.38	90
				51.6	80.0	28.4	0.33	81
RMC25-018	Rover	0	-90	16.5	19.2	2.7	0.29	16
				37.6	54.4	16.9	0.96	38

¹ True width for all holes is estimated to be 70-100% 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 2 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.

The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as summarized in the Company’s Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2nd, 2025, for further details. 

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, Nevada. Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab.

 

Gold assays are determined on reverse circulation drill cuttings and quarter-sawn PQ core by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).  One quarter of the PQ core samples were submitted for assay, one quarter is kept for sample archive, and one half is preserved for future metallurgical column tests. For samples containing greater than 100 ppb 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). Multi-element 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 Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for the Company, and Mr. 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 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

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to: Statements with respect to the Company’s exploration, metallurgy, permitting and development activities, the goals and expected outcomes of the planned drilling and development program at Mercur, and the expectation that the Company will proceed with the potential completion of a PFS and formal launch of mine permitting on the Project.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: the Company’s ability to finance the development of its mineral properties; uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at the projects and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Toronto, ON – November 21^st, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce voting results for the election of directors at its Annual General Meeting (“AGM”) of Shareholders held on November 20^th, 2025, in Toronto.

A total of 130,728,552common shares representing 48% of the Company’s issued and outstanding shares were voted in connection with the AGM.  Shareholders approved all items of business before the AGM including the election of Directors as follows:

Director Nominees	Votes For	% of Votes Cast
Tim Warman	113,438,211	99.9%
Hugh Agro	113,486,093	99.9%
Robert Chausse	113,467,093	99.9%
Wayne Hubert	113,476,111	99.9%
Maura Lendon	112,894,399	99.4%
Tony Manini	112,929,169	99.4%
Larry Radford	113,469,147	99.9%

Following the AGM, Revival Gold re-appointed Tim Warman as Non-Executive Chairman of the Board, Robert Chausse as Audit Committee Chair, Wayne Hubert as Compensation Committee Chair, Maura Lendon as Corporate Governance and Nominating Committee Chair, and Larry Radford as Technical, Safety, Environment and Social Responsibility Committee Chair.

Additionally, Revival Gold’s executive leadership consisting of Hugh Agro, John Meyer, Lisa Ross, and Scott Trebilcock were re-appointed as President & CEO, VP, Engineering & Development, VP & Chief Financial Officer, and VP Corporate Development & Investor Relations, respectively.

Pursuant to the Company’s stock option plan, Revival Gold has granted 5,300,000 incentive stock options (the “Options”) to directors, officers, and consultants of the Company as part of its annual compensation plan.  The Options are exercisable at a price of $0.70 per share for a period of five years and are subject to vesting provisions.

About Revival Gold

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

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to: Statements with respect to the Company’s exploration, metallurgy, permitting and development activities, the goals and expected outcomes of the planned drilling and development program at Mercur, and the expectation that the Company will proceed with the potential completion of a PFS and formal launch of mine permitting on the Project.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: the Company’s ability to finance the development of its mineral properties; uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at the projects and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Toronto, ON – November 17^th, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to provide further results from ongoing drilling at the Company’s Mercur Gold Project (“Mercur”) in Utah.

Highlights

• Received assay results from eleven drill holes with the following highlight intersections:
  • 1.4 g/T gold over 44.2 meters width in RM25-117
  • 1.0 g/T gold over 24.4 meters width in RM25-120
  • 1.7 g/T gold over 12.9 meters width inRMC25-017
  • 0.9 g/T gold over 24.4 meters width in RM25-113
• RMC25-120 intercept shows resource expansion potential down-dip from the 2025 Mercur Preliminary Economic Assessment (“PEA”) pit shell¹.
• Continued confirmation of gold occurrence, grade and leachability with PEA estimates
• Average intercept depth starts at 45 meters downhole, highlighting the shallow nature of the Mercur gold deposit.
• Revival Gold has completed 100 holes and about 10,000 meters of the planned 13,000-meter drilling program.
• Drilling continues with three rigs at Mercur and one at Beartrack-Arnett in Idaho. Additional results are pending.

Note: ¹See “Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2^nd, 2025

“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	Azimuith (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. 

 

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, Nevada. Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab. 

Gold assays are determined on reverse circulation drill cuttings and quarter-sawn PQ core by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).  One quarter of the PQ core samples were submitted for assay, one quarter is kept for sample archive, and one half is preserved for future metallurgical column tests. For samples containing greater than 100 ppb 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). Multi-element 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 Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for the Company, and Mr. 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 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

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to: Statements with respect to the Company’s exploration, metallurgy, permitting and development activities, the goals and expected outcomes of the planned drilling and development program at Mercur, and the expectation that the Company will proceed with the potential completion of a PFS and formal launch of mine permitting on the Project.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: the Company’s ability to finance the development of its mineral properties; uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at the projects and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Toronto, ON – October 29^th, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to provide an update on the ongoing drilling program at the Company’s Mercur Gold Project (“Mercur”) in Utah and the Beartrack-Arnett Gold Project (“Beartrack-Arnett”) in Idaho.

Highlights

• Mobilized a new core rig to Beartrack-Arnett bringing the total number of rigs drilling on the Company’s projects to four.
• At Mercur, received assay results from 16 additional drill holes with the following highlight intersections:
  • 0.77 g/t gold over 38.1 meters width in RM25-093
  • 3.93 g/t gold over 3 meters and 0.78 g/t gold over 70.1 meters width inRM25-099
  • 3.02 g/t gold over 21.1 meters width in RMC25-011
• Revival Gold has completed 70 holes, and 7,500 meters of this year’s planned 13,000-meter program at Mercur
• Drilling is now underway at both Mercur and Beartrack-Arnett. Additional results are pending.

“Revival Gold’s Mercur – a shallow open pit heap leach gold project – continues to see long intercepts of excellent grade”, said Hugh Agro, President & CEO. “We are 55% through the program and are excited about the pending results. This year’s drilling is in support of a planned 2026 pre-feasibility study, the next step on the path to restarting production at Mercur.”

Mr. Agro continued, “We are also pleased to see a fourth rig arriving at Beartrack-Arnett in Idaho where Revival Gold is targeting new high-grade areas to expand our already large resource base at the project.  The new rig is turning, and we expect to see initial results in December.”

Beartrack-Arnett Details

At Beartrack-Arnett, drilling commenced October 12^th on a planned 3,900-meter core program to test and expand on the high-grade underground potential at the new Sharkey target area and at Joss. Drilling at Joss is targeted to follow up on Revival Gold’s 2021 and 2022 programs which intersected:

• 3.49 g/t over 115.4 meters including 10.12 g/t gold over 11.4 meters in BT22-242D
• 4.34 g/t over 110.6 meters including 12 g/t gold over 13.7 meters and 8.8 g/t gold over 11.8 meters in BT21-240D

See press releases dated December 2^nd, 2021, and September 22^nd, 2022, for details on past drilling at Joss.

Mercur Details

The program at Mercur commenced on July 12^th and is planned for 13,000 meters.  Drilling is ongoing with two RC drilling rigs and one core drilling rig focused on upgrading Inferred Mineral Resources and the collection of material for metallurgical testing.  As of October 26, 2025, Revival Gold has completed 70 holes and 7,500 meters.  Data collected will support the Company’s planned 2026 pre-feasibility study (“PFS”), a major milestone on the path to restarting gold production at Mercur.

In general, mineralization and leachability results collected to-date at Mercur are consistent with the Inferred Mineral Resource and metallurgical models developed for the Mercur Preliminary Economic Assessment (see “Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2^nd, 2025).

Figure 1 describes drill hole locations for the results released today. Full drill results are presented in Table 1.

Figure 1: Main Mercur Drill Plan Map

Table 1: Detailed Drill Results

Hole Number	Area	Azimuth (deg.)	Dip (deg.)	From (m)	To  (m)	Drilled Width1  (m)	Fire Assay Gold Grade3 (g/t)	AuCN/AuFA Ratio (%)2
RMC25-011	Golden Gate	320	-55	75.8	96.9	21.1	3.02	44
				102.0	106.7	4.7	1.95	87
				141.7	148.3	6.6	0.73	91
RMC25-012	Sacramento	90	-50	Lost short of target, not assayed
RMC25-013	Mercur Hill	245	-75	68.8	78.9	10.1	0.65	70
				104.2	105.8	1.5	0.37	89
				105.8	108.7	Insufficient recovery to assay
				108.7	124.4	15.8	0.55	85
RM25-089	Marion Hill	90	-60	44.2	79.2	35.1	0.59	88
				105.2	109.7	4.6	0.34	95
RM25-093	Marion Hill	210	-55	41.1	79.2	38.1	0.77	83
RM25-097	Marion Hill	30	-75	54.9	70.1	15.2	0.77	68
RM25-098	Rover	275	-70	32.0	36.6	4.6	2.28	99
				57.9	80.8	22.9	0.66	82
RM25-099	Rover	265	-85	33.5	36.6	3.0	3.93	99
				59.4	129.5	70.1	0.78	92
RM25-102	Marion Hill	105	-65	54.9	68.6	13.7	0.45	93
RM25-103	Marion Hill	40	-65	53.3	67.1	13.7	0.38	90
RM25-104	Rover	160	-60	1.5	9.1	7.6	0.56	98
				41.1	59.4	18.3	0.54	79
RM25-105	Rover	245	-55	3.0	7.6	4.6	0.61	100
				24.4	44.2	19.8	0.39	96
RM25-106	Rover	240	-55	27.4	42.7	15.2	0.44	58
				47.2	57.9	10.7	0.47	96
RM25-107	Rover	335	-65	29.0	45.7	16.8	0.42	96
RM25-108	Rover	330	-70	7.6	10.7	3.0	0.31	93
				27.4	62.5	35.1	0.42	90
RM25-109	Rover	235	-55	30.5	68.6	38.1	0.36	71
				74.7	77.7	3.0	0.49	74

¹ True width for all holes is estimated to be 65-100% of drilled width. Numbers may not add up due to rounding.

² 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.

³ Mineralized intercepts calculated based on a 0.17 g/t cutoff grade allowing up to 2 intervals of internal dilution.

The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as summarized in the Company’s Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2nd, 2025, for further details. 

 

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, Nevada. Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab.

Gold assays are determined on reverse circulation drill cuttings and quarter-sawn PQ core by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).  One quarter of the PQ core samples were submitted for assay, one quarter is kept for sample archive, and one half is preserved for future metallurgical column tests. For samples containing greater than 100 ppb 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). Multi-element 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 Mr. John Meyer, P.Eng., a QP and Vice President, Engineering and Development for the Company, and Mr. 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 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

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to: Statements with respect to the Company’s exploration, metallurgy, permitting and development activities, the goals and expected outcomes of the planned drilling and development program at Mercur, and the expectation that the Company will proceed with the potential completion of a PFS and formal launch of mine permitting on the Project.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: the Company’s ability to finance the development of its mineral properties; uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at the projects and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Toronto, ON – October 15^th, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is delighted to announce the appointment of Scott Trebilcock as Vice President, Corporate Development & Investor Relations.

“We are thrilled to welcome Scott to Revival Gold”, said Hugh Agro, President & CEO. “Scott is an accomplished and highly regarded gold industry executive with an outstanding track record of success. Scott’s extensive network of business relationships and broad experience in capital markets will serve to accelerate Revival Gold’s investor outreach, enhance the Company’s access to capital, and bolster our capability to maximize shareholder returns”, added Agro. 

“I am excited to join Revival Gold at this transformative point in the Company’s development”, said Scott Trebilcock. “Revival Gold has made two of the largest new US gold discoveries in recent times and is now advancing these multi-million-ounce projects towards production at a time of scarcity and heightened strategic interest in domestic U.S. gold production”, added Trebilcock.  

Mr. Trebilcock has over 30 years of experience in mining and management consulting. Most recently, Mr. Trebilcock served as Chief Development Officer at Mandalay Resources where he developed and executed a transformational M&A and IR strategy resulting in a significant increase in Mandalay’s share price and a merger with Alkane Resource in a $1 billion transaction completed earlier this year. Previously, Mr. Trebilcock served as Chief Development Officer with Nevsun Resources Ltd., responsible for strategy, corporate development and investor relations. Mr. Trebilcock holds a B.Sc. in Chemical Engineering and an MBA, both from Queen’s University and is a Chartered Director.

Subject to regulatory approval, Revival Gold has granted Mr. Trebilcock 450,000 incentive stock options in connection with his appointment.  Pursuant to the Company’s Stock Option Plan, the options are exercisable at a price of $0.75 each for a period of five years and are subject to vesting provisions.

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:

Hugh Agro, President & CEO or Scott Trebicock, VP, Corporate Development & IR

Telephone: (416) 366-4100 or Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward-looking statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to statements with respect to the Company’s exploration, and development activities and the expectation that the Company will advance the projects to production.

Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such forward-looking statements or information, including, but not limited to: the Company’s ability to accelerate its investor outreach, enhance its access to capital; bolster the capability to maximize shareholder returns; the ability to finance the development of its mineral properties; uncertainty as to whether there will ever be production at the Company’s mineral exploration and development properties; risks related to the Company’s ability to commence production at the projects and generate material revenues or obtain adequate financing for its planned exploration and development activities; uncertainties relating to the assumptions underlying resource and reserve estimates; mining and development risks, including risks related to infrastructure, accidents, equipment breakdowns, labour disputes, bad weather, non-compliance with environmental and permit requirements or other unanticipated difficulties with or interruptions in development, construction or production; the geology, grade and continuity of the Company’s mineral deposits; the uncertainties involving success of exploration, development and mining activities; permitting timelines; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; prices for energy inputs, labour, materials, supplies and services; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; unexpected cost increases in estimated capital and operating costs; the need to obtain permits and government approvals; material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to other risks and uncertainties disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information form and management’s discussion and analysis, available at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.