Mr. Scott Trebilcock reports

REVIVAL GOLD TARGETS UNDERGROUND RESOURCE GROWTH WITH DRILLING AT BEARTRACK-ARNETT GOLD PROJECT IN IDAHO

Revival Gold Inc. has provided an update on continuing exploration drilling at the Beartrack-Arnett gold project located in Idaho, United States.

Highlights

• 2,300 metres of core drilling completed to date of a planned 3,900-metre winter program at Beartrack-Arnett that commenced in October, 2025;
• At Sharkey, a two-kilometre stepout target from Joss under cover, drill hole BT25-247D intercepted alteration and shearing near the bedrock contact; however, multielement geochemical analysis showed no significant results;
• Beartrack-Arnett's Panther Creek shear zone (PCSZ) structure remains untested for several kilometres to the south of Joss and continues to be a high priority for future exploration;
• Meanwhile, Revival Gold's focus has shifted back to Joss with two rigs turning, targeting the potential expansion of the high-grade underground mineral resources in this area, last drilled in 2022. Status as follows:
  • First hole, BT26-252D, is complete having successfully intersected the target PCSZ;
  • Second hole, BT26-251D-A, is nearing the target PCSZ, drilling continues;
  • Additional holes are planned to target resource extensions over a strike of about 500 metres and to a depth of about 550 metres.
• The first phase, open pit heap leach preliminary feasibility study (PFS) at Beartrack-Arnett and the resulting net asset value estimate excludes underground mineral resources. The current drill program at Joss is planned to evaluate the potential for a subsequent underground phase of operation at Beartrack-Arnett.

"Exploration drilling at Beartrack-Arnett is targeting potential expansion of the project's current underground mineral resource of almost one million ounces of gold. After a slow start to the program, two rigs are on site and rapidly advancing. We completed three shallow holes at Sharkey last year and one deep hole to date this year at Joss. We are pleased to have intersected the favourable PCSZ rocks and look forward to providing further updates as results become available," said Hugh Agro, president and chief executive officer.

The Beartrack-Arnett gold project is a structurally controlled orogenic gold deposit running north-south on the PCSZ. The project hosts an underground inferred mineral resource of 6,745,000 tonnes grading 4.05 grams gold per tonne for 877,000 ounces of gold that is not included in the 2023 first phase open pit, heap leach PFS. See "Preliminary Feasibility Study NI 43-101 Technical Report on the Beartrack-Arnett Heap Leach Project, Lemhi County, Idaho, USA," prepared by Kappes, Cassidy & Associates, IMC, KCH and WSP dated Aug. 2, 2023, for further details.

The first hole at Joss encountered ductile deformation textures and alteration that are consistent with the PCSZ structure. Alteration does not necessarily correlate with the presence or abundance of gold mineralization within the structure.

The Sharkey target is a two-kilometre stepout to the south to extend the PCSZ structure. The Sharkey target is defined by a geophysics (resistivity) anomaly that may map the PSCZ structural corridor under postmineral cover. The target stratigraphy was intercepted in hole BT25-247D. The intercept was highly fractured and contained small vein selvages with sericitic alteration typically seen in other areas associated with the PCSZ, however, there were no geochemical anomalies in the samples from the intercept.

Extensions of the PCSZ from the Joss area to the south at Sharkey remain open for new discoveries and are a high-priority future drilling.

Qualified persons

Technical information included in this news release was reviewed and approved by John Meyer, PEng, a QP and vice-president, engineering and development, for the company, and 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 continuing 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.

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