Revival GOLD Drills 2.8 G/T GOLD over 74 Meters Including 8.0 G/T over 12 Meters at the Mercur GOLD Project IN Utah
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REVIVAL GOLD DRILLS 2.8 G/T GOLD OVER 74 METERS INCLUDING
8.0 G/T OVER 12 METERS AT THE MERCUR GOLD PROJECT IN UTAH
Toronto, ON – April 7 th, 2026 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or
the “Company”) is pleased to provide final results from the 2025 drilling program at the Company’s
Mercur Gold Project (“Mercur” or the “Project”) located in Utah.
Highlights
• Highlight intercepts at South Mercur include:
o 2.8 g/T gold over 74 meters width at 91 meters downhole in RMC25-031; including
8.0 g/T gold over 12 meters width at 130 meters downhole;
o 1.1 g/T gold over 84 meters width at 14 meters downhole in RMC25-032; and
o 1.0 g/T gold over 82 meters width at 13 meters downhole in RMC25-033.
• High grade intercept in RMC25-031 is one of three known ore shoots at South Mercur that
are prospective for future exploration at depth.
• Encountered mineralized waste rock from hist orical in pit backfill not in the current
resources:
o 0.5 g/T gold over 38 meters width starting at surface in RM25-171; and
o 0.4 g/T gold over 17 meters width starting at surface in RM25-172.
• Revival Gold continues to encounter high grades at South Mercur which further highlights
the exploration potential of Mercur.
“Carlin style gold systems, like Revival Gold’s Mercur, are known to generate high-grade ore shoots
that have driven huge amounts of value for the major gold producers in Nevada. As demonstrated
with today’s 8 g/T gold over 12 meters intercept, Revival Gold is seeing intact high grades zones at
South Mercur. The shoots not only benefit our current heap leach project but provide an exciting
exploration opportunity on Mercur ’s large 7,200-hectare property”, said Hugh Agro, President &
CEO.
Mr. Agro continued, “These are the final results from 2025. The Company plans to resume drilling
at Mercur later this month and the drills continue to turn at Beartrack-Arnett in Idaho targeting
high-grade underground material at Joss. 2026 should be a big year for Revival Gold”.
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Mercur Drilling Details
The 2025 drilling program at Mercur finished in Dece mber with 115 RC and core holes completed.
With the final 11 drill holes herein, all results have now been released. Figure 1 describes the drill
hole locations and intercepts. Table 1 presents the full results.
Carlin-style gold deposits are known for hosting high-grade shoots where ore-controlling structures
intersect favorable stratigraphic horizons. Historical underground mining at Mercur exploited such
shoots in the late 1800’s and early 1900’s. Although most of Revival Gold’s 2025 drilling program
targeted low grade disseminated mineralization around historical pits, the Company’s results from
South Mercur underscore the strength of the Merc ur gold system and the potential to discover
additional high-grade shoots on the project.
The 2025 core holes were primarily drilled for metallurgical sampling, but some were extended
below the 2025 PEA design pits to test the interp reted structural controls of the system. The 8.04
g/T intercept in RMC25-031 is located just below the design pit and confirms the location of one of
these key structures which is an example of the high-grade exploration potential at depth that exists
within the 7,200-hectare Mercur project.
Data collected from drilling in 2025 and 2026 will support the Co mpany’s planned Pre-Feasibility
Study targeted for release in Q1 2027, a major milestone on the path to restarting gold production
at Mercur. Revival Gold is currently mobilizing to re-start exploration and engineering drilling at
Mercur later this month with a planned program totalling 16,000 meters.
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Figure 1: Mercur Drill Plan Map April 7th, 2026
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Table 1: Detailed Drill Results April 7th, 2026
Hole
Number Area Note
Azi-
muth
(deg.)
Dip
(deg.)
From
(m)
To
(m)
Drilled
Width
(m)1
Fire
Assay
Gold
Grade
(g/t)2
AuCN/
AuFA
Ratio
(%)3
RM25-1324 Rover 140 60 19.8 24.4 4.6 0.88 96
45.7 67.1 21.3 0.40 72
74.7 97.5 22.9 0.37 89
102.1 106.7 4.6 0.25 88
115.8 121.9 6.1 0.33 84
RM25-146 Rover 100 65 7.6 10.7 3.0 0.49 78
13.7 18.3 4.6 0.22 41
22.9 61.0 38.1 0.54 82
RM25-153 Marion Hill 145 60 4.6 38.1 33.5 0.45 95
RM25-1615 Marion Hill 175 55 62.5 79.2 16.8 0.43 72
RM25-171 Mercur Hill Dump 200 65 0.0 38.1 38.1 0.49 46
59.4 67.1 7.6 0.49 78
91.4 94.5 3.0 0.63 7
RM25-172 Mercur Hill Dump 140 65 0.0 16.8 16.8 0.39 55
102.1 125.0 22.9 1.80 91
Including 117.3 121.9 4.6 6.05 92
RM25-1785 Rover 290 55 9.1 19.8 10.7 0.56 66
RM25-179 Mercur Hill Dump 290 85 0.0 32.0 32.0 0.77 11
56.4 91.4 35.1 1.13 78
Including 80.8 83.8 3.0 3.24 98
109.7 117.3 7.6 1.36 95
RMC25-031 South
Mercur
135 80 90.9 165.2 74.3 2.75 37
Including 130.0 142.5 12.5 8.04 52
RMC25-0324 South
Mercur
145 65 13.6 97.5 83.9 1.09 88
Including 13.6 47.7 34.1 1.99 88
RMC25-033 South
Mercur
75 65 13.0 95.6 82.5 0.96 90
Including 19.0 48.9 29.9 1.75 92
1 True width for all holes is estimated to be 60-85% of drilled width. Estimated true widths are based on the
average orientation of the grade domains utilized in the 2025 PEA. RMC25-031, RMC25-032, and RMC25-033
were drilled within interpreted structural feeder zones for mineralization and may have limited lateral extent
along stratigraphy Numbers may not add up due to rounding.
2 Mineralized intercepts calculated based on a 0.17 g/t cutoff grade allowing up to 2 intervals of internal dilution.
3 AuCN/AuFA is the ratio of cyanide soluble gold assay to total gold in fire assay and provides an indication of
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potential heap leach recoverability for the material sampled.
4 No recovery and non-assayed intervals are assigned a 0 value for intercept calculation.
5 A standard in this hole fell outside of 3 standard deviations for Au-AA13 cyanide soluble assays. The AuFA/AuCN
Ratio is preliminary and may change upon receipt of cyanide soluble re-assays.
QA/QC Program
Quality Assurance/Quality Control consists of the regular insertion of certified reference materials,
duplicate samples, and blanks into the sample st ream. Sample results are analyzed immediately
upon receipt, and all discrepancies are inve stigated. Samples are submitted to the ALS
Geochemistry sample preparation facility in Elko, Nevada and Twin Falls, Idaho. Gold analyses are
performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia,
and multi-element geochemical analyses are co mpleted 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 circulatio n drill cuttings and quarter-sawn PQ core by fire
assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).
One quarter of the PQ core samples were submi tted for assay, one quarter is kept for sample
archive, and one half is preserved for future me tallurgical column tests. For samples containing
greater than 100 ppb Au as determin ed by Fire Assay, gold content is also determined by cyanide
leach with an AAS finish on a nominal 30-gr am 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 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, Canada, with its exploration and development office
located in Salmon, Idaho.
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For further information, please contact:
Scott Trebilcock, VP, Corporate Development & Investor Relations
Telephone: (416) 366-4100 or Email: [email protected]
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provid er (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-lookin g information" within the meaning of app licable Canadian securities legislation and "forward-looking
statements" within the meaning of the U.S. Private Securities L itigation Reform Act of 1995 (collectively, "forward-looking sta tements"). 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 r esult 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 natur e 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 re lease include, but are not limited to: statements with respect to the Company’s
exploration potential, exploration, metallu rgy, permitting and development activities, the goals and expected outcomes of the p lanned drilling and
development program at Mercur, the prospectivity of any areas of Mercurand the expectation that the Company will commence a new drill program,
and proceed with the potential completion of a pre-feasibility study and proceed to production at Mercur.
Forward-looking statements and information involve significant kn own 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 materia lly from the results expressed or implied by such forward-looking statements or inf ormation, 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 explor ation 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, co nstruction or production; the geol ogy, grade and continuity of the Company's mineral deposits; the uncertainties
involving success of exploration, develo pment and mining activities; permitting timelin es; government regulation of mining oper ations;
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 a pprovals; 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 exploratio n programs or studies to deliver anticipated results or resul ts that would justify
and support continued exploration, studies, development or operations. For a more deta iled discussion of such risks and other f actors that could
cause actual results to differ materially fr om those expressed or implied by such fo rward-looking statements, refer to other ri sks and uncertainties
disclosed in the Company’s public filings with Canadian securities regulators, including its most recent annual information for m and management’s
discussion and analysis, available at www.sedarplus.ca. The forwar d-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.