Revival Gold commences 2025 field work

Revival Gold (RVLGF) announced the start of this year’s field work and provide an update on operational activities at the Company’s gold development projects in Utah and Idaho, U.S.A. Mercur Gold Project, Utah. Soil Sampling Program – A comprehensive program of approximately 1,000 soil samples over an area of about 5.7 square kilometers has now been completed by Revival Gold contractor, North American Exploration Services Inc. The program is intended to establish a robust base of geochemical data to help guide resource conversion and expansion drilling north and west of the historically mined Main Mercur area. Submission of assays for the newly collected soil samples is targeted for late May. Results are expected this summer. Archaeological Surveying – Bighorn Archaeological, on behalf of Revival Gold, completed several new archeological surveys this spring in support of permitting for Revival Gold’s planned drilling at Mercur this year. The Company expects to expand on archaeological survey work later this year to supplement the available baseline data for mine permitting purposes. Drill Permitting & Preparations – Revival Gold’s technical team has completed collar design and site scouting for a proposed program encompassing approximately 13,000 meters of RC and core drilling in 2025. Permit applications have been submitted to the Utah Division of Oil, Gas and Mining for the South, Main, and Rover areas. Approvals are expected this summer for an initial phase of drilling designed to support metallurgical testing, resource conversion, and resource expansion drilling. Site facilities are being readied with the expansion of the existing core logging and storage facilities. Beartrack-Arnett Gold Project, Idaho Metallurgical Testing Program – Revival Gold submitted approximately 60 kilograms of drill core samples from the Joss target area at Beartrack-Arnett to the Dundee Sustainable Technologies’ laboratory in Thetford Mines, Quebec for metallurgical testing. The purpose of the testing program is to evaluate the effectiveness of DST’s GlassLock Process and CLEVR Process on high-grade, arsenopyrite-rich samples from Joss. GlassLock is an arsenic removal and stabilization process and CLEVR is a non-cyanide gold extraction process. Exploration Drill Program Preparations – A follow up program of approximately 4,000 meters of drilling has been proposed for targets along strike and south of the Joss area where Revival Gold intersected 14.2 meters of 6.17 g/t gold in BT22-241D which is the most southerly hole along over 5 kilometers of mineralized strike to intercept the full Panther Creek Shear Zone. Drill permitting is in place and preparations are being made to commence field work later this year. Baseline Studies – Additional baseline study work for the first phase heap leach project at Beartrack-Arnett is expected to proceed as funding allows.