Revival Gold Inc. provided final results from the 2025 drilling program at the Company?s Mercur Gold Project located in Utah. Highlight intercepts at South Mercur include: 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; 1.1 g/T gold over 84 meters width at 14 meters downhole in RMC25-032; and 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 historical in pit backfill not in the current resources: 0.5 g/T gold over 38 meters width starting at surface in RM25-171; and 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. The 2025 drilling program at Mercur finished in December with 115 RC and core holes completed.
With the final 11 drill holes herein, all results have now been released. 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 Mercur 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 interpreted 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 Company?s planned Pre-Feasibility Study targeted for release in First Quarter 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. 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 Mercur 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 interpreted 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 Company?s planned Pre-Feasibility Study targeted for release in First Quarter 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. 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 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 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.
