Rev Doubles Size of Jmw GOLD Property IN Chibougamau CAMP
REV Exploration Corp.
TSXV: REVX
604-682-7970
1
REV DOUBLES SIZE OF JMW GOLD
PROPERTY IN CHIBOUGAMAU CAMP
VANCOUVER, British Columbia - October 2, 2025: REV Exploration Corp. (“REV” or the
“Company”) (TSXV: REVX) is pleased to announce that it has entered into a Definitive Agreement (the
“Agreement”) to acquire 41 mining claims from an arms -length private Quebec -based company (the
“Vendor”), effectively doubling the size of REV’s JMW Gold Property in northern Quebec’s Chibougamau
Camp to approximately 40 sq. km (refer to REV news release Sept. 25, 2025 for further information on the
JMW Gold Property).
The Agreement sets forth the basic terms and conditions upon which the Company and the Vendor will
complete the transaction as follows:
• REV to provide a cash payment of $35,000 to the Vendor on closing;
• REV to issue $40,000 worth of common shares to the Vendor on closing; and
• REV to grant a 1.0% NSR in favour of the Vendor, with a 0.5% NSR buyback (half of the NSR);
and at REV’s option for $750,000.
Jordan Potts, CEO of REV, commented: “We’ve been increasingly impressed with the potential of JMW
which is an advanced prospect with more than 30 diamond drill holes completed historically with apparent
gold enrichment inside an 6km long felsic complex. al ong the under -explored Caopatina Formation
sediment contact. The Chibougamau Camp is currently very active, highlighted by the success of Iamgold
with deposits located on trend to the east. We look forward to providing further updates on JMW as more
exploration results come in ahead of anticipated drill permits.”
Readers are cautioned that mineralization and mineral deposits on properties neighbouring JMW are not
necessarily indicative of mineralization or deposit potential at JMW. The transaction is subject to the
receipt of all necessary regulatory approvals, inc luding the approval of the TSX Venture Exchange, as
applicable. All shares issued in connection with the transaction will be subject to the standard statutory
hold period under applicable securities laws, and no finder’s fees are payable in connection with the
transaction.
About REV Exploration Corp.
REV is a mineral exploration company that owns a suite of gold and battery metal properties in Quebec
highlighted by JMW and Maxwell in the Chapais-Chibougamau area, while the Company also has strong
exposure to the Natural Hydrogen sector in Alberta and Saskatchewan. REV has acquired 100% of a series
of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, while it also has
a significant equity position in MAX Power Mining Corp. which owns Canada’s largest permitted land
package for Natural Hydrogen in Saskatchewan.
For further information on the Company, readers are referred to the Company’s website at
www.REVexploration.com and its Canadian regulatory filings on SEDAR+ at www.sedarplus.ca.
REV Exploration Corp.
Suite 410 –325 Howe Street,
B.C. V6C 1Z7
Tel: 604-682-7970
REVexploration.com
Jordan Potts CEO, Director
For further information, please contact:
Chad Levesque
Investor Relations
1-306-981-4753
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-
looking information includes, but is not limited to, statements regarding the future business plans of the Company, the use of the NSR
Agreement, the anticipated staking of additional mining claims, the potential the claims and the value of the Purchased Assets. Forward-
looking information is often, but not always, identified by the use of words such as “expects”, “plans”, “anticipates”, “intends”, “believes”,
“estimates”, “potential”, “target”, “strategy”, “budget”, “scheduled”, “may”, “will”, “should”, or similar expressions. Forward-looking
information is based on management’s reasonable assumptions as of the date such statements are made, including assumptions re garding
the Company’s ability to obtain necessary approvals, general business and economic conditions, financial market stability, the availability
of financing on reasonable terms, and the Company’s ability to carry out its planned exploration activities.
Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results to diffe r
materially from those expressed or implied. These risks and uncertainties include, but are not limited to: risks relating to exploration
activities, including operational risks, cost overruns, equipment failures, permitting delays, or accidents; risks associated with early-stage
mineral projects and the absence of mineral resources or reserves defined under NI 43 -101 on the JMW Gold Property; commodity price
volatility; changes in financial markets and investor sentiment; general economic, political, and social uncertainties; relia nce on key
personnel; environmental, permitting, and community risks; and other risks inherent in the mining and exploration industry.
Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other
factors that could cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on
forward-looking information. Forward-looking information speaks only as of the date of this news release, and the Company does not
undertake any obligation to update or revise such information except as required by applicable securities laws. REV disclaims any intention
or obligation to update or revise any forward-looking statements, whether as a result of new information or otherwise, except as expressly
required by applicable securities legislation.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United Stat es. The securities
referenced herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold
in the United States absent registration or an applicable exemption from registration.
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.