TORONTO, ON – August 4, 2026 – As a featured company in The Resource Vault, Revival Gold Inc. (TSX-V: RVG | OTCQX: RVLGF) has reported what the Company describes as one of the highest-grade-thickness drill intercepts to date from the Joss area at the Beartrack-Arnett Project in Idaho — and the geology behind the result suggests the best may still be ahead.
Hole BT26-255D intersected 3.43 g/t gold over 131.7 metres, including a high-grade core of 6.56 g/t gold over 42.5 metres, containing a bonanza-grade interval of 11.58 g/t gold over 12.1 metres. These are not just strong numbers in isolation. They are strong numbers in the context of a deposit that already hosts 877,000 ounces of underground sulphide gold at 4.05 g/t : a resource that sits entirely outside the economics of the Company’s existing heap leach PFS and represents a second, potentially transformational chapter in the Revival Gold story.
“Revival Gold’s team at Beartrack-Arnett has delivered one of the highest-grade-thickness intercepts at Joss to date. BT26-255D’s 6.6 g/t gold over 42.5 metres provides compelling evidence in support of the impressive strength of sulphide mineralization at Beartrack-Arnett. The deposit displays true widths of 2–20 metres in the high-grade mineralized zone and remains open at depth and beyond its existing 1.2 kilometres of known mineralized strike,” said Hugh Agro, President & CEO.
Drill Highlights
| Hole | From (m) | To (m) | Width (m) | Est. True Width | Grade (g/t Au) |
| BT26-255D (halo) | 543.2 | 674.9 | 131.7 m | ~55–65 m | 3.43 |
| Including (high-grade) | 632.4 | 674.9 | 42.5 m | ~19–21 m | 6.56 |
| Including (bonanza) | 639.3 | 651.4 | 12.1 m | ~5–6 m | 11.58 |
True widths estimated at 45–50% of drilled width.
The Long Section: Where BT26-255D Sits in the Joss Story
Figure 1. Joss to South Pit long section (looking west). BT26-255D (6.6 g/t over 42.5m, within 3.43 g/t over 131.7m) is positioned approximately 70 metres above BT22-242D (10.1 g/t over 11.4m) and approximately 150 metres below BT21-240D (8.85 g/t over 11.8m and 11.96 g/t over 13.7m). The result fills a critical gap in the vertical profile of the Joss zone and, together with the pattern of surrounding holes, suggests the beginning of a north-plunging high-grade shoot. The zone remains open to depth and to the northeast — the two directions that matter most for future resource growth.
The long section tells a story that a single intercept cannot. BT26-255D does not sit in isolation… it slots into a coherent, vertically extensive zone of high-grade mineralisation that has now been confirmed across multiple holes spanning hundreds of metres of vertical depth. The grade-thickness (GT) colour coding shows BT26-255D landing squarely in the GT >60 domain, consistent with the best holes previously drilled at Joss.
The Cross Section: A System That Deepens and Widens
Figure 2. 11200S cross section (looking northeast). BT26-255D cuts the Panther Creek Shear Zone at approximately 1,450m elevation, intersecting the high-grade core at the same structural position as the best previous holes on this section. The cross section illustrates the steeply dipping, structurally controlled nature of the Joss mineralisation… and the fact that three separate 2026 holes (BT26-255D, BT26-254D, and BT26-253D) all intersect the PCSZ confirms the system’s consistency and predictability across the section. The zone remains open below the deepest holes drilled.
Why the Underground Resource Is the Hidden Catalyst at Beartrack-Arnett
Most investors in Revival Gold are focused, rightly, on the Mercur Gold Project in Utah and its path to a PFS. But Beartrack-Arnett carries a second asset that is easy to underappreciate: 877,000 ounces of underground sulphide gold at 4.05 g/t, sitting in the Joss area, entirely excluded from the 2023 heap leach PFS economics.
That resource was last drilled in 2022. The 2026 program, all five primary holes and three wedge holes, has intersected the Panther Creek Shear Zone at every pierce point. BT26-255D is the best result yet from that program, and with two wedge holes (BT26-254DW and BT26-255DW) still pending, the final chapter of this year’s Joss story has not yet been written.
The CEO’s comment that “further drilling to the northeast is warranted to delineate the extent of this zone” signals that the 2026 program is not just confirming existing resources, it is pointing toward a material expansion of what is already one of the highest-grade undeveloped gold deposits in the United States.
The Resource Vault Perspective
When we initiated coverage of Revival Gold, the thesis was a $200 million market cap company sitting on approximately $2 billion worth of gold in the ground. That thesis was built primarily on Mercur. But Beartrack-Arnett, and specifically the Joss underground resource, is an increasingly important part of the equation.
A deposit that grades 4.05 g/t over 877,000 ounces, in a structurally controlled system that is widening and deepening with every drill program, is not a footnote. It is a future mine. The 2026 program is building the geological case for that future, and BT26-255D is the strongest single data point yet.
Revival Gold is hosting a Technical Webinar on Thursday, August 6th at 11:00 am EST with President & CEO Hugh Agro and Chief Geologist Dan Pace. Register here.
For our full initiation report on Revival Gold and to track all future developments, visit the Revival Gold Company Page on The Resource Vault.
→ Read Our Initiation Report: “The $2 Billion Gold Company You Can Buy for $200 Million”
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 ongoing exploration at the Beartrack-Arnett Gold Project 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 U.S. exploration and development office in Salmon, Idaho.
Cautionary Statement Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. This release contains forward-looking statements including, but not limited to: the potential for further drilling to the northeast to delineate the extent of the north-plunging shoot; the potential for a future mineral resource update at Beartrack-Arnett; and the potential for a future underground mine economic study. Forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance. For a full discussion of risks, refer to the Company’s public filings on SEDAR+.
Disclosure: The companies promoted on The Resource Vault have been disseminated on behalf of Equity Catalyst Partners, LLC. Equity Catalyst Partners, LLC has been engaged by these companies to provide marketing and investor relations services and is compensated by each company. This is not financial advice.