Revival Gold Inc. provided the latest drilling results from the 2025 drilling program at the Company?s Mercur Gold Project located in Utah. Assay results have been received from an additional eighteen drill holes. Intersections at South Mercur include: 4.2 g/T gold over 25 meters width at 43 meters downhole in RMC25-028; including 9.8 g/T gold over 5.7 meters width at 55 meters downhole.
Intersections at Main Mercur include: 6.5 g/T gold over 7.1 meters width at 35 meters downhole in RMC25-025; and 0.79 g/T gold over 32 meters width at 50 meters downhole in RM25-169. Revival Gold?s first drill holes completed in the South Mercur area present high-grade intercepts and further highlight the exploration potential at Mercur. Mercur was the first Carlin-style system mined in the US Great Basin and a substantial portion of the Project?s historical gold production was sourced from high-grade ore.
Near-surface drill results mark the first reported by Revival Gold for the South Mercur area. The high-grade intercepts encountered highlight the robust nature of gold zones that occur in the Mercur system. Final results from the 2025 Mercur drilling program are expected later this month and the Company?s 2026 Mercur drilling program is scheduled to start in April.
The 2025 drilling program at Mercur finished in December with 115 RC and core holes completed. 107 holes have been released to-date. Data collected will support the Company?s planned Prefeasibility Study targeting release in First Quarter 2027, a major milestone on the path to restarting gold production at Mercur.
True width for all holes is estimated to be 60-100% of drilled width. 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 potential heap leach recoverability for the material sampled. 4 Drillhole lost short of target stratigraphy 5 No recovery and non-assayed intervals are assigned a 0 value for intercept calculation. The Mercur property includes interests optioned from Barrick Resources (USA) Inc. and others as summarized in the PEA.
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.
