Revival Gold kicks off 16,000-meter drill program at Mercur

Revival Gold (RVLGF) announced the mobilization of rigs for the 2026 drilling program at the Company’s Mercur Gold Project in Utah. Highlights: 2026 Mercur drill program is planned for 16,000 meters of reverse circulation, core and auger drilling; Building on successful 2025 drilling, the 2026 Mercur drilling campaign is targeting: Completion of infill drilling to support a pre-feasibility study for release in Q1 2027; Follow-up on resource extension targets at Main Mercur and high-grade intercepts at South Mercur; Geotechnical, hydrogeological and condemnation drilling in support of PFS engineering; and, Auger drilling to test Mercur’s historical heap leach pads for potential future inclusion in Revival Gold’s mine plans. Two RC rigs have mobilized to site with the first hole collared and advancing. “Revival Gold drilled 115 holes for a total of almost 12,000 meters at Mercur in 2025. During the 2025 program the Company intercepted mineralization in multiple locations outside the current resource area”, said Hugh Agro, President & CEO. “Revival Gold shares responded favourably to results from the Company’s 2025 program enabling our recently announced C$30 million financing. With this shareholder support we embark on a 16,000-meter 2026 drilling program of infill and exploration drilling and to complete engineering data collection in support of a PFS planned for release in Q1 2027”. The Company also announced that it has engaged the services of High Tide Consulting to to provide corporate communications, investor relations and strategic marketing services. High Tide is expected to heighten capital market awareness and understanding of the Company and to assist with managing investor communications and expectations, through various outreach and marketing programs. The Company and High Tide have entered into an independent contractor’s agreement dated April 24 where High Tide will receive a cash fee of C$5,000 plus applicable taxes per month. The Contractor’s Agreement is for an initial term of three months, is renewable by the Company and may be terminated by either party on at least 30 days written notice. In addition, the Company has engaged Equity Catalyst Partners, an arm’s-length service provider, to provide the Company certain investor relations and marketing services, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Based in Washington, DC, USA, ECP specializes in media and investor relations services, within the natural resource sector. Under a consulting agreement dated April 24, ECP will provide media relations, investor communication and market awareness services to the Company for a six-month term for a one-time fee of $45,000, payable at the commencement of services. The Company will not issue any securities to ECP as compensation for its services.