TSX.V: RVG

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TSX.V: RVG

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Revival Gold Intersects 3.43 g/t Gold Over 131.7 Meters, Including 6.6 g/t Gold Over 42.5 Meters at Beartrack-Arnett in Idaho

Marvin Del Rosario on August 4, 2026

Toronto, ON – August 4th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to report one of the highest-grade-thickness drill intercepts to date from the Joss area at the Company’s Beartrack-Arnett Project (“Beartrack-Arnett” or the “Project”) located in Idaho, U.S.A.

This year’s 5,500-meter drilling program at Beartrack-Arnett targeted the potential expansion of high-grade underground sulphide Mineral Resources, last drilled in 2022.

Highlights

  • Hole BT26-255D intercepted:
    • 3.43 grams per tonne (“g/T”) gold over 131.7 meters drilled width1 at 543 meters downhole including a high-grade interval of:
      • 6.56 g/T gold over 42.5 meters drilled width1 at 632 meters downhole including:
        • 11.58 g/T gold over 12.1 meters drilled width1 at 639 meters downhole.

Note: 1True widths are estimated to be 40-50% of drilled width.

  • The high-grade interval in BT26-255D was intercepted approximately 70 meters above BT22-242D (10.1 g/T gold over 11.4 meters and 6.0 g/T gold over 10.2 meters) and approximately 150 meters below BT21-240D (8.9 g/T gold over 11.8 meters and 12.0 g/T gold over 13.7 meters). See “Preliminary Feasibility Study NI 43-101 Technical Report on Beartrack-Arnett Heap Leach Project, Lemhi County, Idaho, USA, prepared by Kappes, Cassidy & Associates, IMC, KCH and WSP August 2nd, 2023”, for further details.
  • The zone of contiguous mineralization in BT26-255D is similar to BT21-240D and suggests the beginning of a north plunging shoot.  Further drilling to the northeast is warranted to delineate the extent of this zone.
  • All five primary drill holes and three wedge drill holes completed in this year’s program intersected the Panther Creek Shear Zone (“PCSZ”) with results from six of the eight pierce points released to date (see Revival Gold news releases dated April 20th and June 25th, 2026).
  • Joss has a known mineralized strike of about 1.2 kilometers, and multiple higher grade (+2 g/T gold) mineralized zones with horizontal (true) widths of 2-20 meters within a larger lower-grade halo that ranges from 5 to 70 meters true width and remains open along strike and at depth.
  • Results for wedge drillholes BT26-254DW and BT26-255DW are pending.

“Revival Gold’s team at Beartrack-Arnett has delivered one of the highest-grade-thickness intercepts at Joss to date. BT26-255D’s 6.6 g/T gold over 42.5 meters provides compelling evidence in support of the impressive strength of sulphide mineralization at Beartrack-Arnett. The deposit displays true widths of 2-20 meters in the high-grade mineralized zone and remains open at depth and beyond its existing 1.2 kilometers of known mineralized strike,” said Hugh Agro, President & CEO.

“We are grateful for the excellent work preformed by our team and our drill contractors, National and Major Drilling, on this year’s program at Joss. Further results are expected in the coming weeks,” added Agro.   

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% by Revival Gold and is one of the top 5 new gold discoveries made in the United States in the last fifteen years according to S&P Capital IQ Pro. Discovery definition 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 August 2nd, 2023, for further details).

Revival Gold’s 2026 drilling program in the Joss area was designed to expand the area of known mineralization at Beartrack-Arnett, contribute to a future mineral resource update, and potentially support a future underground mine economic study.

BT26-255D and BT26-253DW (a wedge hole off BT26-253D with results announced June 25th, 2026) confirm the strength of mineralization at Joss and help define the depth of the Tertiary rocks in the basin above Joss.  BT26-253DW intercepted the post-mineral Panther Creek Fault (“PCF”) and drilled into post-mineral Tertiary rocks which may have resulted in a thinner than expected intercept.

Webinar

Revival Gold will be hosting a Technical Webinar on Thursday, August 6th at 11:00 am EST hosted by Hugh Agro, President & CEO, and Dan Pace, Chief Geologist, to provide further details on the ongoing exploration program at the Beartrack-Arnett Project. Interested participants may register to attend here: https://us02web.zoom.us/webinar/register/WN_97lfr7ecSL2m-4XpNqKzpg#/registration

Detailed Results

Detailed results from BT26-255D and BT26-253DW are presented below.

Table 1: Detailed Drill Results

Hole NumberNote1,2Azimuth (deg.)Dip (deg.)From (m)To (m)Drilled Width3, 4  (m)Fire Assay Gold Grade (g/T)
BT26-253DW5Last interval in host unit270-50528.2533.55.20.65
BT26-255Dmineralized halo325-60543.2674.9131.73.43
including632.4674.942.56.56
including 639.3651.412.111.58

Notes:

  • Mineralized haloes calculated including internal dilution between shears where mineralization was mostly elevated above 0.5 g/T Au and had scattered intercepts > 1 g/T Au.  High grade intercepts were not capped.
  • All included intercepts are based on a 2 g/T cutoff grade allowing up to 1.8 m true width of internal dilution and requiring a minimum true thickness intercept of 7.6 g x m or minimum true thickness of 1.8 m.  External dilution was excluded where the average of the external interval with dilution was below the cutoff grade. Additional included intervals listed for BT26-255D where multiple consecutive samples exceed 9 g/T gold.
  • True thickness is estimated at 45-50% of drilled thickness in the reported holes.
  • Numbers may not sum due to rounding.
  • BT26-253DW drilled through the PCF and into post-mineral epiclastics. Reported interval is the 5.2 meters drilled before intercepting the post-mineral unit.

Figure 1 provides a long section view of the Joss to South Pit target area at Beartrack-Arnett.

Figure 1: Joss to South Pit Long-Section at Beartrack-Arnett (looking west)

Figure 2 provides a cross-sectional view of the simplified geology at Joss with results for BT26-255D together with all previously reported drill results in the section shown. 

Figure 2: Joss 11200S Cross Sectional View

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, Nevada and Vancouver, British Columbia.  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 Mr. John Meyer, P.Eng., a QP and Executive 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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:

Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO
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: the current drilling program in the Joss area was designed to enhance Revival Gold’s understanding of the areas’ mineral potential, support future mineral resource updates at Beartrack-Arnett, and potentially support a future underground mine economic study.

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.

Revival Gold Announces Closing of Sale of Non-Core Diamond Mountain Phosphate Property

Marvin Del Rosario on July 29, 2026

Toronto, ON – July 29th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce that further to its press release dated June 1st, 2026, Revival Gold has closed the sale of its 51% interest in its non-core Diamond Mountain phosphate project (“Diamond Mountain”) to Canadian Phosphate Ltd. (“Canadian Phosphate”). The sale was completed pursuant to a property purchase agreement dated May 29th, 2026 (the “Agreement”) between Revival Gold, Canadian Phosphate and Utah Minerals Resources LLC (“UMR”). UMR sold the other 49% interest in Diamond Mountain to Canadian Phosphate.

On closing, Revival Gold received a cash payment of US$127,500 and 3,081,286 shares of Canadian Phosphate (the “CP8 Shares”) currently valued at approximately US$270,000 based on a deemed price per CP8 Share of AUD$0.125. 

On or prior to the first anniversary of the date of the Agreement, Revival Gold will receive a cash payment of US$255,000 and will have the option, in its sole discretion and exercisable at any time, to have such payments satisfied by the issuance of CP8 Shares. If the Company elects for the issuance of CP8 shares, the price per CP8 share will be equal to a 5% discount to a 15-day volume weighted average price of CP8 shares on the Australian Stock Exchange ending on the date prior to the date of notice provided to CP8. 

On or prior to the first anniversary after the commencement of commercial production, Revival Gold will receive a cash payment of US$765,000. Canadian Phosphate will have the option to satisfy the foregoing payment in CP8 Shares.

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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:
Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO
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: the receipt of future consideration in connection with the Agreement.

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.

Revival Gold Intersects 1.65 g/t Gold Over 30.5 Meters & 0.92 g/t Gold Over 30.5 Meters at Mercur Project in Utah

Marvin Del Rosario on July 15, 2026

Toronto, ON – July 15th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to provide first results and an update on this year’s drilling program at the Company’s Mercur Gold Project (“Mercur” or, the “Project”) located in Utah, U.S.A.

Highlights

  • Revival Gold has completed 7,400 meters in 74 holes of this year’s planned 18,000-meter drilling program.
  • Results have been received for the first thirteen reverse circulation (“RC”) drill holes (RM26-182, 183, 184, 186, 187, 188, 189, 190, 194, 195, 196, 197 and 204) located in the South Mercur and Main Mercur areas (see Figures 1 and 2) and include:
    • 1.65 grams per tonne (“g/t”) gold over 30.5 meters width1 at 128 meters downhole in RM26-204
    • 0.92 g/t gold over 30.5 meters width1 at 145 meters downhole in RM26-183

Note: 1True width for all holes is estimated to be 65-100% of drilled width.

  • Results at South Mercur indicate that the zones of potentially leachable material extend below the planned open pit contemplated in 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 2nd, 2025).
  • Drilling is ongoing with two RC rigs at Main Mercur focused on mineral resource conversion, expansion and engineering design. Two additional rigs are expected to arrive later this summer.

“Revival Gold is now more than a third of the way through this year’s planned drilling program at Mercur. Results in the South Mercur area are revealing some of the Project’s highest grades and point to potential expansion opportunities in heap leachable material beyond the PEA open pit,” said Hugh Agro, President & CEO.

“Meanwhile, we continue to build on-site facilities, roadworks and staffing as our Mercur team ramps up to double the number of rigs drilling to four later this summer,” added Agro.

Approximately 8,500 meters of infill RC drilling is planned for Mercur this year to convert Inferred Mineral Resources to the Measured & Indicated categories in support of a Preliminary Feasibility Study (“PFS”) targeted for completion by the end of Q1-2027.

An additional 2,500 meters of RC drilling, 1,200 meters of core drilling and 600 meters of auger drilling are planned for Mercur to pursue resource expansion opportunities. Geotechnical, hydrological, and condemnation drilling are expected to make up an additional 5,200 meters of RC, core and auger drilling.

Figures 1 and 2 describes drill hole locations. Detailed drill results are presented in Table 1.

Figure 1: South Mercur Drill Plan Map

Figure 2: Main Mercur Drill Plan Map

Table 1: Detailed Drill Results

Hole
Number		AreaNoteAzimuth (deg.)Dip (deg.)From (m)To (m)Drilled Width1 (m)Fire Assay Gold Grade (g/t)3,4AuCN/AuFA Ratio (%)2
RM26-182Mercur HillLost short of target10-750 Not Assayed
RM26-183South Mercur 60-70106.7134.127.40.6968
     144.8175.330.50.9293
     175.3192.016.80.7618
RM26-184South Mercur 70-55222.5233.210.70.8385
RM26-186South Mercur 220-5016.833.516.80.2893
RM26-187South Mercur 0-503.019.816.80.2585
RM26-188South Mercur 230-503.015.212.20.2387
RM26-189South Mercur 195-7585.391.46.12.4497
     97.5106.79.10.2689
     111.3120.49.10.7399
RM26-190Mercur HillMineralized Backfill270-654.630.525.90.2643
     73.283.810.71.4096
RM26-194South Mercur 40-7050.361.010.71.8998
RM26-195South MercurUnderground Workings35-65108.2112.84.6  
  Poor Sample Quality 112.8118.96.10.2327
     140.2158.518.30.6592
RM26-196Sacramento 245-5519.841.121.30.3984
RM26-197Mercur HillLost short of target270-750.0 Not Assayed
RM26-204South Mercur 30-70128.0158.530.51.6576
     158.5169.210.71.6114

Notes:

1 True width for all holes is estimated to be 60-95% 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 are calculated based on a 0.17 g/t cutoff grade allowing up to two intervals of internal dilution.

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

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 by fire assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).  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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:

Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO

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: that potential opportunities exist to expand in heap leachable material beyond the PEA open pit and that the number of drill rigs active on at Mercur will increase to four later this summer.

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.

Drilling Intersects 14.9 g/t Gold Over 5.9 Meters and Extends Depth of Mineralization by 240 Meters at Joss

Marvin Del Rosario on June 25, 2026

Toronto, ON – June 25th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to report additional high-grade drill results from the Joss area at the Company’s Beartrack-Arnett Project (“Beartrack-Arnett” or the “Project”) located in Idaho, U.S.A.

Highlights

  • Hole BT26-254D intercepted:
    • 2.37 g/T gold over 147.2 meters drilled width at 808 meters downhole including:
      • 9.3 g/T gold over 3.5 meters drilled width at 818 meters downhole;
      • 14.9 g/T gold over 5.9 meters drilled width at 861 meters downhole; and,
      • 9.3 g/T gold over 4.7 meters drilled width at 949 meters downhole.
    • Hole BT26-253D intercepted:
      • 4.0 g/T gold over 6.8 meters drilled width at 540 meters downhole.
    • Hole BT26-251DA intercepted:
      • 4.5 g/T gold over 4.1 meters drilled width at 719 meters downhole.
    • Complete results for previously reported BT26-252D (see Revival Gold news release dated April 20th, 2026) include:
      • 3.1 g/T gold over 62.2 meters drilled width at 538 meters including:
        • 6.4 g/T gold over 19.1 meters drilled width at 573 meters; and,
        • 8.0 g/T gold over 4.3 meters drilled width at 596 meters.
      • This year’s drilling program targeted the expansion of the high-grade underground sulphide Mineral Resources in the Joss area, last drilled in 2022.
      • Field work on the current 2026 drilling program is expected to wrap up shortly with five primary drill holes and three wedge drill holes (total of eight pierce points) having all intersected the target Panther Creek Shear Zone (“PCSZ”) in approximately 5,500 meters of core drilling.
      • Results in BT26-254D have extended the depth of drilled mineralization in the Joss area by about 240 meters to about 850 meters below surface in the deepest hole drilled to-date on the project.
      • Joss has a known mineralized strike of about 1.2 km, and multiple higher grade (+2g/T gold) mineralized zones with horizontal (true) widths of 2-20 meters within a larger lower grade halo that ranges from 5 to 70 meters true width and remains open along strike and at depth where the PCSZ appears to be widening.
      • Results for primary drillhole BT26-255D and wedge drillholes BT26-253DW, BT26-254DW, and BT26-255DW, are pending.

“Today’s results highlight the impressive strength of sulphide mineralization at Beartrack-Arnett and extend the depth potential of the drilled underground deposit at Joss to 850 meters, increasing the deposit’s vertical dimension by 240 meters or about 70%. The deposit displays true widths of 2-20 meters in the high-grade mineralized zone and remains open at depth and beyond its existing 1.2 km of known mineralized strike”, said Hugh Agro, President & CEO. “Further results from the Joss drilling program are expected this summer and into the fall”, added Agro.

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% by Revival Gold and is one of the Top-5 new gold discoveries made in the United States in the last fifteen 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 grams gold per tonne 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 August 2nd, 2023, for further details).

The current 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 BT26-251DA, BT26-252D, BT26-253-D, and BT26-254D are presented below.

Table 1: Detailed Drill Results

Hole NumberNote1,2Azimuth (deg.)Dip (deg.)From (m)

To

(m)

Drilled Width3, 4  (m)Fire Assay Gold Grade (g/T)
BT26-251DA 290-60602.6608.55.92.01
 mineralized halo  684.3723.038.71.30
 and including  692.0696.74.72.19
 and including  718.9723.04.14.47
BT26-252D5mineralized halo305-60538.0600.262.23.12
 including  572.9591.919.16.37
 and including  595.9600.24.37.98
BT26-253Dmineralized halo290-65538.4567.028.62.27
 including  539.5546.36.84.02
 and including  559.2564.65.43.00
        
BT26-254Dmineralized halo310-60808.0955.2147.22.37
 including  818.4822.03.59.29
 and including  860.9866.75.914.89
 and including  886.5899.713.23.70
 and including  929.9936.66.63.26
 and including  948.9953.64.79.31
 and   1002.51017.014.52.54

Notes:

(1) Mineralized haloes calculated including internal dilution between shears where mineralization was mostly elevated above 0.5 g/T Au and had scattered intercepts > 1 g/T Au. High grade intercepts were not capped.
(2) All included intercepts are based on a 2 g/T cutoff grade allowing up to 1.8m true width of internal dilution and requiring a minimum true thickness intercept of 7.6 g x m or minimum true thickness of 1.8 m. External dilution was excluded where the average of the external interval with dilution was below the cutoff grade.
(3) True thickness is estimated at 45-55% of drilled thickness in the reported holes.
(4) Numbers may not add due to rounding.
(5) Partial results from BT26-252D were previously reported in Revival Gold news release dated April 20th, 2026.

Figure 1 provides a plan view of the Joss target area and geology with today’s drill results shown.

Figure 1: Beartrack-Arnett Drill Plan Map

Figure 2 provides a cross-sectional view of the simplified geology at Joss with results for BT26-254D released today together with all previously reported drill results in the section shown.

Figure 2: Joss 11200S Cross Sectional View

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, Nevada and Vancouver, British Columbia.  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 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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:

Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO

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: the current drilling program in the Joss area was designed to enhance Revival Gold’s understanding of the areas mineral potential, support future mineral resource updates at Beartrack-Arnett, and potentially support a future underground mine economic study.

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.

Revival Gold to Acquire Land Contiguous to its Mercur Gold Project

Marvin Del Rosario on June 8, 2026

Toronto, ON – June 8 th , 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce that pursuant to an agreement dated June 5 th , 2026 (the “Agreement”) between Revival Gold’s wholly owned subsidiary, Revival Gold (Utah) Inc., and an arms length private landowner (the “Vendor”), Revival Gold will acquire a 278 hectares (686 acres) parcel of land which is contiguous to the Company’s Mercur Gold Project (“Mercur”) in Tooele County, Utah (the “Acquisition”).

The Acquisition secures a buffer area of private land contiguous to Mercur. The Company already owns the mineral rights for the property, and the Acquisition positions the Company to benefit with respect to the potential development of site infrastructure by allowing a potentially more direct transportation route from the South Mercur area of mineralization to the currently contemplated location of heap leach facilities in the West Mercur area.

In consideration for the Acquisition, the Company will pay the Vendor US$1,886,912. Closing of the Agreement is subject to certain customary terms and conditions and is expected to close on or around July 1, 2026.

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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:
Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO
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: closing of the Acquisition and the timing thereof, the satisfaction of the terms and conditions of the Acquisition, that the Acquisition positions to Company to benefit with respect to potential site development at Mercur by minimizing reliance on obtaining right of ways over BLM lands, that the acquired lands may allow for a more direct transportation route and the presence and location of heap leach facilities.

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.

Revival Gold Announces Sale of Non-Core Diamond Mountain Phosphate Property

kai erfle on June 1, 2026

Toronto, ON – June 1, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce that pursuant to a property purchase agreement dated May 29, 2026 (the “Agreement”) between Revival Gold, Canadian Phosphate Ltd. (“Canadian Phosphate”) and Utah Minerals Resources LLC (“UMR”), Revival Gold will vend its 51% interest in its non-core Diamond Mountain phosphate project (“Diamond Mountain”) to Canadian Phosphate. UMR will vend the other 49% interest in Diamond Mountain to Canadian Phosphate.

“Revival Gold is focused on advancing our pipeline of U.S. gold projects”, said Hugh Agro, President & CEO. “The sale of Diamond Mountain will generate immediate cash proceeds from a non-core asset while providing Revival Gold with ongoing exposure to Diamond Mountain’s critical mineral exploration and development upside”, added Agro.

Diamond Mountain is a phosphate exploration project located in Uintah County, Utah.

Canadian Phosphate, listed on the Australian Stock Exchange (the “ASX”), is an experienced exploration and development company with phosphate assets in British Columbia, Canada.  Canadian Phosphate aims to become a leading supplier of phosphate rock for manufacturing fertilizer and Lithium Iron Phosphate (LFP) batteries in North America.

As consideration for the sale of its 51% interest in Diamond Mountain, Revival Gold will receive the following consideration:

  • On the closing date of the Agreement, Revival Gold will receive a cash payment of US$127,500 and will be issued 3,081,286 shares of Canadian Phosphate (the “CP8 Shares”) which is equal to US$382,500 based on a deemed price per CP8 Share of AUD$0.1743.
  • On or prior to the first anniversary of the date of the Agreement, Revival Gold will receive a cash payment of US$255,000 and will have the option, in its sole discretion and exercisable at any time, to have such payments satisfied by the issuance of CP8 Shares.
  • On or prior to the first anniversary after the commencement of commercial production, Revival Gold will receive a cash payment of US$765,000. Canadian Phosphate will have the option to satisfy the foregoing payment in CP8 Shares.

The sale of Diamond Mountain is subject to customary closing conditions and receipt of all necessary regulatory approvals, including Canadian Phosphate obtaining ASX approval and the approval its shareholders, if required by the ASX. Closing is expected prior to or during Q3 2026.  

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 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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:

Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO

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: closing of the Agreement and the timing thereof and the receipt of all necessary approvals to the Agreement.  

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.

Revival Gold Announces Adoption Of Shareholder Rights Plan And Corporate Update

Marvin Del Rosario on May 21, 2026

Toronto, ON – May 21st, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) announced today that its board of directors (the “Board”) has unanimously approved the adoption of a “new generation” shareholder rights plan (the “Rights Plan”) pursuant to a shareholder rights plan agreement entered into with Computershare Investor Services Inc., as rights agent, dated May 21, 2026 (the “Effective Date”).

In alignment with good governance practices, the Rights Plan is being adopted to help ensure that all shareholders of the Company are treated fairly and equally in the event of any unsolicited take-over bid or other acquisition of control of the Company (including by way of a “creeping take-over bid”), allowing the Board time and opportunity to identify, solicit and develop potential alternatives to any unsolicited take-over bids or similar transactions. The Rights Plan also may prevent a potential acquirer from entering into lock-up agreements with existing shareholders prior to launching a take-over bid, except for permitted lock-up agreements as specified in the Rights Plan. The Rights Plan is not being adopted in response to any formal proposal or intention to acquire control of the Company, nor is the Board aware of any pending or threatened take-over bid for the Company. As a result, the Board of Directors has determined that it is advisable and in the best interests of the Company and its shareholders that the Company has in place a shareholder rights plan in the form of the Rights Plan.

The Rights Plan

Pursuant to the Rights Plan, 12:01 a.m. on the Effective Date (the “Record Time”) one right (a “Right”) was attached to each common share of the Company outstanding as of the Effective Date under the Rights Plan. A right will also be attached to each common share issued after the Record Time in accordance with the terms of the Rights Plan. The issuance of Rights will not change the manner in which shareholders may trade their common shares and the rights will automatically attach to the common shares with no further action by shareholders being required.

Subject to the terms of the Rights Plan, the Rights become exercisable if a person (an “Acquiring Person”), together with certain related persons (including persons acting “jointly or in concert”, as defined in the Rights Plan), becomes the beneficial owner of 20% or more of the outstanding common shares (the “Stipulated Percentage”) after the Record Time, without complying with the “Permitted Bid” provisions of the Rights Plan. Following a transaction that results in a person becoming an Acquiring Person, the Rights entitle the holder thereof (other than the Acquiring Person and certain related persons), to purchase common shares at a significant discount to the market price at that time.

Under the Rights Plan, a “Permitted Bid” is a take-over bid made in compliance with the Canadian take-over bid regime. Specifically, a Permitted Bid is a take-over bid that is made to all shareholders, that is open for 105 days (or such shorter period as is permitted under the Canadian take-over bid regime) and that contains certain conditions, including that no common shares will be taken up and paid for unless more than 50% of the common shares that are held by independent shareholders are tendered to the take-over bid.

The Rights Plan is similar to shareholder rights plans adopted by other Canadian public companies and ratified by their shareholders. While the Rights Plan is effective as of the Effective Date, it is subject to shareholder ratification within six months of adoption, failing which it will terminate. The Company will be seeking shareholder ratification of the Rights Plan on a to-be-determined date. Adoption of the Rights Plan is also subject to the acceptance of the TSX Venture Exchange.

The description of the Rights Plan in this press release is qualified in its entirety by the full text of the Rights Plan, which will be available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Corporate Update 

Revival Gold further announces the departure of Scott Trebilcock, VP, Corporate Development and Investor Relations. Scott joined Revival Gold in October 2025 working remotely from Vancouver, B.C. to assist with the close of the Mercur Barrick transaction and the launch of several marketing initiatives to help increase awareness and interest in the Company. We thank Scott for his efforts on behalf of the Company and wish him well with his future endeavours. 

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 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 Lisa Ross, Vice President & CFO

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 the issuance of Rights at the Record Time pursuant to the Rights Plan; and, the operation of the Rights Plan and its intended benefits.

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: receipt of TSX Venture Exchange approval for the Rights Plan; operation of the Rights Plan as intended in an effective manner with the expected outcome and impact. For a more detailed discussion of risks and other factors in general in respect of the Company mineral exploration and development business 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.

Revival Gold Advances Mercur With A View To Be Utah’s Next New Operating Gold Mine

Marvin Del Rosario on May 14, 2026

Toronto, ON – May 14th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to provide an update on development at the Company’s Mercur Gold Project (“Mercur” or the “Project”) in Utah.

Highlights

  • The Mercur site team, under the leadership of General Manager Tim Barnett, is scaling up with eight staff members now driving this year’s exploration, resource delineation, geotechnical, and hydrogeological drilling activities.
  • This year’s metallurgical program comprised of twenty column leach tests to support the Preliminary Feasibility Study (“PFS”) is in progress with Kappes Cassiday & Associates (“KCA”) in Reno, Nevada, with initial results expected in mid-2026.
  • Environmental baseline data collection, a key input to the permitting process, is on-going under the direction of Revival Gold’s lead environmental consultant, Stantec. Focus areas include wildlife, vegetation, soils, aquatic life, hydrogeology, cultural resources, air, and geochemistry.
  • Mineral resource modeling and engineering design studies are underway with the Company’s key technical consultants including RESPEC, WSP, and KCA.
  • A legacy water well, previously used for Mercur milling operations, was surveyed and sampled. The pump was replaced and a step draw-down pumping test to expected mine operating requirements was successfully performed.
  • This year’s previously announced 16,000-meter drilling program in support of the PFS is now approximately 15% complete with two reverse circulation rigs drilling.
  • The Mercur site office is being upgraded to support the Company’s growing team.
  • Overall, the Mercur heap leach PFS remains on track for end of Q1 2027 release with completion of mine permitting expected by year-end 2027.

“Revival Gold’s Board of Directors visited Mercur last month to meet the site team and witness firsthand the exciting progress that has already been made this year.  Momentum continues to build with the recent hiring of additional key site staff and funding is in place to advance Mercur to a construction decision”, said Hugh Agro, President & CEO. “2026 and 2027 will be packed with activity at Mercur as we work to deliver the next new potential operating gold mine in Utah, the Beehive State”, added Agro.

Further to the Company’s April 28, 2026, press release in which the Company announced, among other things, it had engaged Equity Catalyst Partners, LLC (“ECP”) to provide the Company certain investor relations and marketing services, the Company wishes to clarify the payment schedule of the engagement. The Company will pay ECP US$7,500 per month for the term of ECP’s six-month engagement. This corrects the prior disclosure which provided that the Company would receive US$45,000 upfront fee for ECP’s services.

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 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 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 U.S. exploration and development office located in Salmon, Idaho.

For further information, please contact:

Hugh Agro, President & CEO

Scott Trebilcock, 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 view for Mercur to become Utah’s next operating gold mine, the Company’s planned exploration and development programs at Mercur, the refurbishment of Mercur, the timing of the Mercur PFS, the timing of completion of mine permitting at Mercur, and that funding is in place to advance Mercur to a construction decision.

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; re-allocation of funds available to the Company, 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 and risks that certain necessary permits will not be received on a timely basis or at all; 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.

Revival Gold Announces Closing of $33 Million Brokered Private Placement

Lisa on May 6, 2026

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION ON ANY U.S. NEWSWIRE SERVICES.

Toronto, ON – May 6th, 2026 – Revival Gold Inc. (TSXV: RVG) (“Revival Gold” or the “Company”) is pleased to announce that it has closed its previously announced brokered private placement for total gross proceeds of $33,001,250 (the “Offering”). The Offering consisted of the issuance of an aggregate of 38,825,000 common shares of the Company (each, a “Common Share”) at a price of C$0.85 per Common Share, such aggregate amount being inclusive of the exercise in full of the option granted to the Agents. The Offering was led by Paradigm Capital Inc. as lead agent and sole bookrunner, on behalf of a syndicate of agents which included BMO Capital Markets Inc., Beacon Securities Limited, Velocity Trade Capital Inc., and Canaccord Genuity Corp. (collectively, the “Agents”).

“There was strong demand from current and new shareholders, including strategic shareholder EMR Capital Management, demonstrating the unique value proposition of Revival Gold.  Revival Gold is now funded to advance the Mercur gold project to a potential construction decision in less than two years.  Drills are turning and work is ongoing to complete the Mercur Preliminary Feasibility Study as planned for release in Q1 2027”, said Hugh Agro, President & CEO. 

Mr. Agro continued, “The financing will also fuel drilling at Revival Gold’s Beartrack-Arnett gold project in Idaho, where two rigs continue to turn targeting expansion of the high-grade Joss area.  Our team is growing and we are excited to strive to deliver on our vision of reviving domestic U.S. gold producers.” 

The Company intends to use the net proceeds from the Offering to advance Revival Gold’s ongoing exploration and development of its Mercur and Beartrack-Arnett projects and for general working capital and corporate purposes. 

12,700,600 Common Shares issued under the Offering were sold to purchasers resident in certain Provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (together, the “Listed Issuer Financing Exemption”). The remaining 26,124,400 Common Shares issued under the Offering were sold to purchasers outside of Canada pursuant to applicable regulatory requirements and in accordance with OSC Rule 72-503 – Distributions Outside Canada (“OSC Rule 72-503”). The Common Shares are immediately tradeable under applicable Canadian securities legislation. 

There is an offering document (the “Offering Document”) related to the portion of the Offering conducted under the Listed Issuer Financing Exemption that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at: www.revival-gold.com. As consideration for their services, at the closing of the Offering, the Agents received a cash commission of $1,980,075. 

EMR Capital Management Limited (“EMR”), an insider of the Company, acquired 9,412,000 Common Shares  under the Offering (the “Acquisition”), thereby increasing its ownership of the Common Shares from 11.7% to 13.2% of the Common Shares. The Acquisition constitutes a “related party transaction” as defined under the policies of the TSXV Venture Exchange and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company relied on exemptions from the minority shareholder approval and formal valuation requirements applicable to the related party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as the fair market value of the Acquisition does not exceed 25 percent of the Company’s market capitalization. The Company did not file a material change report related to the Acquisition more than 21 days before the expected closing of the Acquisition as required by MI 61-101, as the particulars of the Offering and EMR’s participation therein were not certain at that time. The Offering was approved by the members of the board of directors of the Company who are independent for purposes of the related party transaction. 

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws, and may not be offered or sold in the “United States” or to “U.S. persons” (as such terms are defined in Regulation 6 under the U.S. Securities’ Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with an exemption therefrom. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. 

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 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”. The Company is headquartered in Toronto, Canada, with its U.S. 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 Offering, that the transaction funds Revival Gold to advance the Mercur gold project to a potential construction decision and the timing thereof, the potential completion of the PFS and the timing thereof, that the Company will strive to deliver on its vision of reviving domestic U.S. gold producers, the intended use of proceeds of the Offering, and that the Common Shares issued under Offering are not expected to be subject to any hold period under Canadian securities laws. 

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.

Revival Gold Kicks Off 16,000-Meter Drill Program At Mercur Gold Project In Utah

kai erfle on April 28, 2026

Toronto, ON – April 28th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce the mobilization of rigs for the 2026 drilling program at the Company’s Mercur Gold Project (“Mercur” or the “Project”) in Utah.

Highlights

  • 2026 Mercur drill program is planned for 16,000 meters 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 pre-feasibility study (“PFS”) for release in Q1 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; and,
    • 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 meters at Mercur in 2025. During the 2025 program the Company intercepted mineralization in multiple locations outside the current resource area”, said Hugh Agro, President & CEO.

Mr. Agro continued, “Revival Gold shares responded favourably to results from the Company’s 2025 program enabling our recently announced C$30 million financing. With this shareholder support we embark on a 16,000-meter 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. (“High Tide”) to 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 (the “Contractor’s Agreement”) where High Tide will receive a cash fee of C$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, Canada, 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, DC, USA, ECP specializes in media and investor relations services, within the natural resource sector. Under a consulting agreement dated April 24, 2026 (the “Consulting Agreement”), 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 US$45,000, 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 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 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 U.S. 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: the plan to drill 16,000 meters at Mercur, statements with respect to the Company’s exploration potential, exploration, metallurgy, permitting and development activities, the goals and expected outcomes of the planned drilling and development program at Mercur, the prospectivity of any areas of Mercur and the expectation that the Company will commence a new drill program, the announced financing and plans to complete a pre-feasibility at Mercur.

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.