REVIVAL GOLD KICKS OFF 16,000-METER DRILL PROGRAM AT MERCUR GOLD PROJECT IN UTAH Toronto, ON – April 28 th, 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
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REVIVAL GOLD KICKS OFF 16,000-METER DRILL PROGRAM
AT MERCUR GOLD PROJECT IN UTAH
Toronto, ON – April 28 th, 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:
o Completion of infill drilling to support a pre-feasibility study (“PFS”) for release in
Q1 2027;
o Follow-up on resource extension targets at Main Mercur and high-grade intercepts
at South Mercur;
o Geotechnical, hydrogeological and condemnation drilling in support of PFS
engineering; and,
o 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 mineralizatio n 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 an nounced C$30 million fina ncing. With this shareholder support
we embark on a 16,000-meter 2026 drilling progra m 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 ha s engaged the services of High Tide Consulting
Corp. (“High Tide”) to to provide corporate co mmunications, 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 in vestor communications and expectations, through
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various outreach and marketing programs. The Co mpany and High Tide have entered into an
independent contractor's agreem ent dated April 24, 2026 (the "C ontractor'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 mo nths, 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 inve stor 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 fe e 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 knowledg e, 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 Proj ect in Utah and ongoing exploration at the
Beartrack-Arnett Gold Project located in Idaho. Re vival 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, Cana da, with its U.S. expl oration and development
office located in Salmon, Idaho.
For further information, please contact Scott Tr ebilcock, VP, Corporate Development & Investor
Relations, Telephone: (416) 366-4100 or Email: [email protected].
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Cautionary Statement
Neither the TSX Venture Exchange nor its Regu lation Services Provider (as that term is defined in the policies of the TSX Ventu re
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains "forward-looking information" within the mean ing 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-l ooking statements are not comprised of historic al facts. Forward-looking statements include
estimates and statements that desc ribe the Company’s future plans, o b j e c t i v e s o r g o a l s , i n c l u d i n g w o r d s t o t h e e f f e c t t h a t t h e
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 uncertainti es.
Although these statements are based on information currently ava ilable to the Company, the Company provides no assurance that
actual results will meet management’s expectations. Risks, unc ertainties, 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, statem ents with respect to the Company’s expl oration potential, exploration, metallurgy,
permitting and development activities, th e goals and expected outcomes of the planned drilling and development program at
Mercur, the prospectivity of any areas of Mercur and the expe ctation 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 result s and will not necessarily be accurate indi cators 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 for ward-
looking statements or information, including, but not limited to : the Company's ability to finance the development of its miner al
properties; uncertainty as to whether there will ever be pr oduction at the Company's mine ral 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 relati ng to the assumptions underlying
resource and reserve estimates; mining a nd development risks, including risks relate d to infrastructure, accidents, equipment
breakdowns, labour disputes, bad weather, non-compliance with environmental and pe rmit requirements or other unanticipated
difficulties with or interruptions in develo pment, construction or pro duction; the geology, grade a nd continuity of the Company 's
mineral deposits; the uncertainties involving success of explorat ion, development and mining ac tivities; permitting timelines;
government regulation of mining operations ; environmental risks; unanticipated reclam ation expenses; prices for energy inputs,
labour, materials, supplies and services; unc ertainties 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 stud ies to deliver anticipated results or results that would justi fy and
support continued exploration, st udies, development or operations. For a more deta iled discussion of such risks and other facto rs
that could cause actual results to differ ma terially 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 forw ard-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.