Revival Gold Intersects 1.65 g/t Gold over 30.5 Meters & 0.92 g/t Gold over 30.5 Meters at Mercur Project in Utah

Toronto, Ontario--(Newsfile Corp. - July 15, 2026) - Revival Gold Inc. (TSXV: RVG) (OTCQX: RVLGF) ("Revival Gold" or the "Company") is pleased to provide first results and an update on 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 7,400 meters in 74 holes of this year's planned 18,000-meter drilling program.

Toronto, Ontario--(Newsfile Corp. - July 15, 2026) - Revival Gold Inc. (TSXV: RVG) (OTCQX: RVLGF) ("Revival Gold" or the "Company") is pleased to provide first results and an update on 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 7,400 meters in 74 holes of this year's planned 18,000-meter drilling program. Results have been received for the first thirteen reverse circulation ("RC") drill holes (RM26-182, 183, 184, 186, 187, 188, 189, 190, 194, 195, 196, 197 and 204) located in the South Mercur and Main Mercur areas (see Figures 1 and 2) and include: 1.65 grams per tonne ("g/t") gold over 30.5 meters width1 at 128 meters downhole in RM26-204 0.92 g/t gold over 30.5 meters width1 at 145 meters downhole in RM26-183 Note: 1True width for all holes is estimated to be 65-100% of drilled width.

Results at South Mercur indicate that the zones of potentially leachable material extend below the planned open pit contemplated in 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). Drilling is ongoing with two RC rigs at Main Mercur focused on mineral resource conversion, expansion and engineering design. Two additional rigs are expected to arrive later this summer.

"Revival Gold is now more than a third of the way through this year's planned drilling program at Mercur. Results in the South Mercur area are revealing some of the Project's highest grades and point to potential expansion opportunities in heap leachable material beyond the PEA open pit," said Hugh Agro, President & CEO. "Meanwhile, we continue to build on-site facilities, roadworks and staffing as our Mercur team ramps up to double the number of rigs drilling to four later this summer," added Agro.

Approximately 8,500 meters of infill RC drilling is planned for Mercur this year to convert Inferred Mineral Resources to the Measured & Indicated categories in support of a Preliminary Feasibility Study ("PFS") targeted for completion by the end of Q1-2027. An additional 2,500 meters of RC drilling, 1,200 meters of core drilling and 600 meters of auger drilling are planned for Mercur to pursue resource expansion opportunities. Geotechnical, hydrological, and condemnation drilling are expected to make up an additional 5,200 meters of RC, core and auger drilling.

Figures 1 and 2 describes drill hole locations. Detailed drill results are presented in Table 1. Figure 1: South Mercur Drill Plan Map

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2712/305216_c1b70d66a4ef4985_001full.jpg Figure 2: Main Mercur Drill Plan Map To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2712/305216_c1b70d66a4ef4985_002full.jpg Table 1: Detailed Drill Results | Hole Number | Area | Note | Azimuth (deg.) | Dip (deg.)

| From (m) | To (m) | Drilled Width1 (m) | Fire Assay Gold Grade (g/t)3,4 | AuCN/AuFA Ratio (%)2 | | RM26-182 | Mercur Hill | Lost short of target | 10 | -75

| 0 | Not Assayed | ||| | RM26-183 | South Mercur | 60 | -70 | 106.7 | 134.1 | 27.4 | 0.69 | 68 | | | 144.8 | 175.3 | 30.5 | 0.92 | 93 | ||||| | 175.3 | 192.0 | 16.8 | 0.76 | 18 | ||||| | RM26-184 | South Mercur | 70 | -55

| 222.5 | 233.2 | 10.7 | 0.83 | 85 | | | RM26-186 | South Mercur | 220 | -50 | 16.8 | 33.5 | 16.8 | 0.28 | 93 | | | RM26-187 | South Mercur | 0 | -50

| 3.0 | 19.8 | 16.8 | 0.25 | 85 | | | RM26-188 | South Mercur | 230 | -50 | 3.0 | 15.2 | 12.2 | 0.23 | 87 | | | RM26-189 | South Mercur | 195 | -75 | 85.3 | 91.4 | 6.1 | 2.44 | 97 | | | 97.5

| 106.7 | 9.1 | 0.26 | 89 | ||||| | 111.3 | 120.4 | 9.1 | 0.73 | 99 | ||||| | RM26-190 | Mercur Hill | Mineralized Backfill | 270 | -65 | 4.6 | 30.5 | 25.9 | 0.26 | 43 | | 73.2 | 83.8 | 10.7 | 1.40 | 96 | ||||| | RM26-194 | South Mercur | 40 | -70 | 50.3 | 61.0 | 10.7 | 1.89 | 98 | | | RM26-195 | South Mercur | Underground Workings | 35 | -65

| 108.2 | 112.8 | 4.6 | || | Poor Sample Quality | 112.8 | 118.9 | 6.1 | 0.23 | 27 | |||| | 140.2 | 158.5 | 18.3 | 0.65 | 92 | ||||| | RM26-196 | Sacramento | 245 | -55

| 19.8 | 41.1 | 21.3 | 0.39 | 84 | | | RM26-197 | Mercur Hill | Lost short of target | 270 | -75 | 0.0 | Not Assayed | ||| | RM26-204 | South Mercur | 30 | -70

| 128.0 | 158.5 | 30.5 | 1.65 | 76 | | | 158.5 | 169.2 | 10.7 | 1.61 | 14 | Notes: 1 True width for all holes is estimated to be 60-95% 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.

4 No recovery and non-assayed intervals are assigned a 0 value for intercept calculation. QA/QC Program Quality Assurance/Quality Control consists of the regular insertion of certified