Revival Gold Intercepts 1.0 g/t Gold Over 30 Meters and Extends Mineralization at Mercur Project in Utah

TORONTO, ON / ACCESS Newswire / February 10, 2026 / Revival Gold Inc. (TSXV:RVG)(OTCQX:RVLGF) ("Revival Gold" or the "Company") is pleased to provide the latest drilling results from the 2025 drilling program at the Company's Mercur Gold Project ("Mercur") located in Utah.

Drilling Highlights

• Assay results have been received from an additional twenty drill holes with the following highlight intersections in near-surface oxide gold mineralization at Mercur:

  • 1.0 g/T gold over 30.5 meters width at 25.9 meters downhole in RM25-165;

  • 0.74 g/T gold over 38.1 meters width at 16.8 meters downhole in RM25-164; and

  • 0.9 g/T gold over 30.5 meters width at 13.7 meters downhole in RM25-163.

• Additionally, drilling has extended gold mineralization outside the known Mineral Resource¹ north of the Rover area in holes RM25-155 and RM25-157 with:

  • 1.0 g/T gold over 10.7 meters width at 59.4 meters downhole in RM25-155; and

  • 1.3 g/T gold over 15.2 meters width at 80.8 meters downhole in RM25-155.

• Continued confirmation of gold occurrence, grade and leachability with 2025 Preliminary Economic Assessment ("PEA") estimates.¹

• Average vertical depth to start of mineralization is about 32 meters for holes released to-date, reflecting the shallow nature of the Mercur mineralization.

¹ 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's 2025 drilling at Mercur was primarily designed to upgrade resources on the project, but we also wanted to test for near resource extensions where possible. Today's results in RM25-155 and RM25-157 drilled below a soil geochem anomaly north of Rover confirms the exciting prospectivity of this area.", said Hugh Agro, President & CEO.

Mr. Agro continued, "Revival Gold holds a 7,200-hectare land package that was previously fractured between past operators Homestake and Barrick. With the project now consolidated, our team is promptly moving Mercur through redevelopment while continuing to demonstrate opportunities for future resource growth ahead."

Mercur Drilling Details

The 2025 drilling program at Mercur finished in December with 115 RC and core holes completed. 86 holes have been released to-date. Data collected will support the Company's planned pre-feasibility study, a major milestone on the path to restarting gold production at Mercur.

Drilling results collected to-date at Mercur are generally consistent with the Inferred Mineral Resource and metallurgical models developed for the Mercur PEA.

Figure 1 describes drill hole locations for the results released today. Full drill results are presented in Table 1 below.

Figure 1: Main Mercur Drill Plan Map - February 10^th, 2026 Results

RM25-155 and RM25-157 intercepted multiple zones of oxide mineralization outside the resource pit area to the north of Rover. The mineralization is consistent with a soil anomaly northeast of Rover and could extend further north (see Figure 2 for details). Hole RM-157 bottomed in mineralization after being terminated short of target depth.

Figure 2 - Northeast Rover Target and Highlight Intercepts

Note: Details for drill hole RM25-117 are available in Revival Gold news release dated November 17, 2025, and details for drill hole EN054 are available in the 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.

Table 1: Detailed Drill Results