Revival GOLD Intersects 1.04 G/T GOLD over 19.8 Meters & 0.85 G/T GOLD over 21.3 Meters IN Shallow Drilling at Mercur
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REVIVAL GOLD INTERSECTS
1.04 G/T GOLD OVER 19.8 METERS & 0.85 G/T GOLD OVER 21.3 METERS
IN SHALLOW DRILLING AT MERCUR
Toronto, ON – October 6th, 2025 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold”
or the “Company”) is pleased to report initial results from 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 53 holes, and 5,300 meters of this year’s planned 13,000-meter
drilling program.
• Assay results have been received for the first nine RC drill holes (RM25-088, 090, 091, 092,
094, 095, 096, 100, and 101) located in the Marion Hill and Rover areas and the first core
drill hole (RMC25-014) located in the Mercur Hill area and include:
o RM25-094 intersected 0.85 g/t gold over 21.3 meters drilled width1
o RM25-096 intersected 0.73 g/t gold over 22.9 meters drilled width1
o RM25-100 intersected 1.04 g/t gold over 19.8 meters drilled width1
o RM25-101 intersected 0.63 g/t gold over 22.9 meters drilled width1
o RMC14-014 intersected 1.52 g/t gold over 7.6 meters drilled width1
1 True width for all holes is estimated to be 65-100% of drilled width.
• Drilling is ongoing with two RC rigs and one core rig at Main Mercur focused on mineral
resource conversion and metallurgical testing.
• In general, mineralization and leachability results collected to date in the 2025 program are
consistent with the Inferred Mineral Resource and metallurgical models developed for the
Mercur Preliminary Economic Assessment (see “Preliminary Economic Assessment NI 43 -
101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA”
prepared by Kappes, Cassidy & Associates, and RESPEC Company LLC dated May 2nd, 2025).
“Revival Gold is off to a favourable start with excellent grades in shallow drilling from the first ten
holes at Mercur this year”, said Hugh Agro, President & CEO. “We are now 40% through the drilling
program and initial assay r esults from drill holes sampled to date are consistent with the levels of
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mineralization and leachability we’d hoped to see. Additional assay results will be released as they
become available in the weeks and months ahead”, added Agro.
Figure 1 describes drill hole locations. Detailed drill results are presented in Table 1.
Figure 1: Main Mercur Drill Plan Map
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Table 1: Detailed Drill Results
Hole
Number Area Azimuth
(deg.)
Dip
(deg.)
From
(m)
To
(m)
Drilled
Width
(m)
Fire Assay
Gold
Grade
(g/t)
AuCN/AuFA
Ratio (%)
RM25-088 Marion Hill 0 -90 32.0 47.2 15.2 0.61 77
RM25-090 Marion Hill 0 -90 24.4 53.3 29.0 0.49 90
64.0 67.1 3.0 0.35 82
RM25-091 Marion Hill 60 -50 38.1 47.2 9.1 0.5 98
67.1 70.1 3.0 0.32 75
RM25-092 Marion Hill 265 -70 29.0 51.8 22.9 0.51 97
56.4 61.0 4.6 0.49 91
RM25-094 Marion Hill 285 -60 48.8 70.1 21.3 0.85 85
99.1 103.6 4.6 0.28 76
108.2 121.9 13.7 0.27 76
RM25-095 Marion Hill 210 -70 50.3 71.6 21.3 0.39 92
RM25-096 Marion Hill 135 -65 51.8 74.7 22.9 0.73 67
RM25-100 Rover 270 -60 65.5 85.3 19.8 1.04 85
RM25-101 Rover 250 -60 50.3 73.2 22.9 0.63 96
RMC25-014 Mercur Hill 250 -80 78.9 83.3 4.4 0.82 66
112.2 119.8 7.6 1.52 86
123.3 126.3 3.0 0.64 79
1 True width for all holes is estimated to be 65-100% of drilled width. Numbers may not add up due to
rounding.
2 AuCN/AuFA is the ratio of cyanide soluble gold assay to total gold in fire assay and provides an indication of
potential heap leach recoverability for the material sampled.
3 Mineralized intercepts are calculated based on a 0.17 g/t cutoff grade allowing up to two intervals of internal
dilution.
The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as
summarized in the Company’s Preliminary Economic Assessment NI 43-101 Technical Report on the
Mercur Gold Project, Tooele & Utah Counties, Utah, USA prepared by Kappes, Cassidy & Associates,
and RESPEC Company LLC dated May 2nd, 2025, for further details.
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QA/QC Program
Quality Assurance/Quality Control consists of the regular insertion of certified reference materials,
duplicate samples, and blanks into the sample stream. Sample results are analyzed immediately
upon receipt, and all discrepancies are investigated. Samples are submitted to the ALS
Geochemistry sample preparation facility in Elko, Nevada. Gold analyses are performed at the ALS
Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi- element
geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia.
ALS Minerals is an ISO/IEC 17025:2017 accredited lab.
Gold assays are determined on reverse circulation drill cuttings and quarter-sawn PQ core by fire
assay and Atomic Absorption Spectroscopy (AAS) on a 30-gram nominal sample weight (Au-AA23).
One quarter of the PQ core samples were submitted for assay , one quarter is kept for sample
archive, and one half is preserved for future metallurgical column tests. For samples containing
greater than 100 ppb Au as determined by Fire Assay, gold content is also determined by cyanide
leach with an AAS finish on a nominal 30 -gram sample weight (Au -AA13). Multi -element
geochemical analyses are completed on composites samples from selected drill holes using the ME-
MS 41 method.
Qualified Persons
Technical information included in this news release was reviewed and approved by Mr. John Meyer,
P.Eng., a QP and Vice President, Engineering and Development for the Company, and Mr. Dan Pace,
RM SME, a QP and Chief Geologist for the Company.
About Revival Gold Inc.
Revival Gold is one of the largest, pure gold mine developers in the United States. The Company is
advancing development of the Mercur Gold Project in Utah and mine permitting preparations and
ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on
the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under
the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its exploration
and development office located in Salmon, Idaho.
For further information, please contact:
Hugh Agro, President & CEO or Lisa Ross, Vice President & CFO
Telephone: (416) 366-4100 or Email: [email protected]
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Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture
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 th 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 uncertain ties.
Although these statements are based on information currently available to the Company, the Company provides no assurance that
actual results will meet management’s expectations. Risks, uncertainties, and other factors involved with forward -looking
statements could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed
or implied by such forward -looking statements. Forward-looking statements in this news release include, but are not limited to:
Statements with respect to the Company’s exploration , metallurgy, permitting and development activities, the goals and expected
outcomes of the planned drilling and development program at Mercur, and the expectation that the Company will proceed with the
potential completion of a PFS and formal launch of mine permitting on the Project.
Forward-looking statements and information involve significant known and unknown risks and uncertainties, should not be read as
guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results wi ll be
achieved. A number of factors could cause actual results to differ materially from the results expressed or implied by such f orward-
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 underlyi ng
resource and reserve estimates; mining and development risks, including risks related t o 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 fac tors
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 disclai ms 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.