Toronto, ON – November 1st, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces additional results from its 2018 core drilling program at the former producing Beartrack gold project (“Beartrack”) located in Lemhi County, Idaho.

Highlights

• 1.88 g/t Au over 115.0 meters¹ from 358.1 meters to 473.1 meters in BT18-217D
• 1.74 g/t Au over 49.4 meters¹ from 451.1 to 500.5 meters and 2.03 g/t Au over 17.6 meters from 531.3 meters to 548.9 meters in BT18-213D¹ Drilled width; true width estimates are presented in the table below.

“Today’s results continue to build on both the strike and depth extent of mineralization at Beartrack”, said Hugh Agro, President & CEO. “We are getting significant intercepts well outside the existing Beartrack mineral resource, including at Joss where Revival Gold has intercepted robust mineralization 700 meters south of the existing resource. Drilling continues with two rigs at Beartrack and one rig on the neighbouring Arnett project”.

Details

Drill holes completed and released to date in 2018 (BT18-207D through BT18-214D) were targeted to expand the current open pit-constrained National Instrument 43-101 Beartrack mineral resource (“Mineral Resource”).  Targets tested were below, and on strike from, both the North and South Pit areas and at Ward’s Gulch and Joss.

Results released today (BT18-213D and BT18-215 through 218D) further tested opportunities outside the Mineral Resource in the South Pit, Ward’s Gulch and Joss areas.  Additionally, drilling tested the previously unexplored area between the South Pit and Joss which are located approximately 700 meters apart along strike. 

BT18-217D successfully extended mineralization at depth in the South Pit area and BT18-213D builds on the good results obtained in BT18-211D in the Joss area. BT18-215D intercepted modest grades over good widths in a gap in the block model in the Ward’s Gulch area. 

BT18-218D, which was drilled in the previously untested area between the South Pit and Joss, encountered encouraging grade over a good width, indicating that the structure is present and mineralized between the two areas.  The area tested by hole BT18-218D covers over 300 meters of strike between holes BT12-176D, which intersected 30.5 meters from 299.3 meters to 329.9 meters averaging 3.0 g/t Au, and BT18-221D, which is currently underway.

Mineralization at Beartrack remains open to the south of Joss, north along strike between the South Pit and Ward’s Gulch area and into the North Pit.

To date in 2018, thirteen core holes have been completed at Beartrack for approximately 6,500 meters.  Beyond the holes for which results have been released, additional holes have been completed in the South Pit area and south of Joss.  Drilling is currently underway in the South Pit and Joss areas.

Summary assay results from holes released today are presented in the table below:

Hole Number	Area	Azimuth (deg.)	Dip (deg.)	From (m)	To (m)	Drilled Width (m)	Est. True Width1 (m)	Fire Assay Gold Grade (g/t)
BT18-213D2	Joss	305	-60	257.3	261.5	4.2	n/a	1.87
				349.6	352.7	3.1	n/a	1.24
				451.1	500.5	49.4	n/a	1.74
				504.7	511.1	6.4	n/a	4.23
				531.3	548.9	17.6	n/a	2.03
BT18-215D	Ward’s Gulch	302	-51	129.5	134.1	4.6	3	2.17
				241.1	246.4	5.3	3	0.96
				264.9	298.4	33.5	21	0.72
BT18-216D	Joss	Abandoned at approximately 95 meters.
BT18-217D3	South Pit	300	-57	279.1	285.0	5.9	3	1.04
				358.1	473.1	115.0	58	1.88
				483.7	489.5	5.8	3	2.06
BT18-218D	South Pit-Joss	300	-57	273.3	280.7	7.4	4	2.85
				293.8	297.6	3.8	2	1.14

¹ True width estimates in the South Pit and Ward’s Gulch areas, as well as the area between the South Pit and Joss, are based on a vertically dipping mineral zone.  True width in the Joss area is unknown (n/a).  Drill holes typically steepen during drilling so the inclination of the drill hole at depth may not be the same as the inclination in the mineralized zone.
² Recoveries for the intervals 506.0 meters to 507.5 meters, 508.9 meters to 509.6 meters and 510.5 meters to 511.2 meters were 44%, 0% and 50%.  The interval with 0% recovery was included at zero grade.
³ Recoveries for the intervals 358.4 meters to 359.4 meters and 366.2 meters to 366.5 meters were 23% and 50% respectively.  Recovery for the intervals 364.2 meters to 364.7 meters and 365.2 meters to 365.9 meters was 0%.  The intervals with 0% recovery were included at zero grade.

Figure 1 illustrates a north-west facing long-section view at Beartrack from the north end of the North Pit Zone to the south end of the Joss Zone (approximately 4.5 kilometers) with the current Mineral Resource block model and the location of all eleven holes completed and released to-date this year. An additional four drill holes are noted on the figure for which results are pending.

In addition to drilling at Beartrack, four core holes have now been completed at Revival Gold’s neighbouring Arnett Project and a further three core holes are planned for this year. Initial results from the Arnett program are expected in early December.

QA/QC Program

Quality Assurance/Quality Control consists of the regular insertion of duplicates, blanks and certified reference standards into the sample stream.  Check samples will be submitted to an umpire laboratory at the end of the drilling program.  Sample results are analyzed immediately upon receipt and all discrepancies are investigated.  Samples are submitted to the ALS Minerals sample preparation facility in Elko, Nevada.  Gold analyses are performed at the ALS Minerals laboratory in Reno, Nevada and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia.  ALS Minerals is an ISO 17025:2005 accredited lab.

Gold assays are determined by Fire Assay and AAS on a 30-gram nominal sample weight (Au-AA25).  For shallow holes targeting leachable mineralization, gold is also determined by cyanide leach with an AAS finish on a nominal 30-gram sample weight (Au-AA13).  Multi element geochemical analyses are completed on selected drill holes using the ME-MS 61 method. 

Steven T. Priesmeyer, C.P.G., Vice President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and had a working capital balance of approximately $1.8 million as at September 30th, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager, Tel: (416) 366-4100, Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Figure 1 – Beartrack Block Model Long Section North-West View (with 2018 drill results to-date, November 1, 2018)

Toronto, ON – October 18, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces its participation in the upcoming conferences:

• New Orleans Investment Conference (NOIC) to be held in New Orleans, Louisiana on November 1-4, 2018 at The Hilton New Orleans Riverside. A corporate presentation will be held November 3, 2018 at 11:55am in the Grand Ballroom. Revival Gold will also host a corporate lunch on November 3, 2018 at 12:35pm in Churchill C1, on the second floor of the conference hotel.
• Precious Metals Zurich Summit 2018 to be held in Zurich, Switzerland on November 5-6, 2018 at The Park Hyatt Zurich. Revival Gold’s corporate presentation will be held November 6, 2018 at 11:45am in Room 2.
• Precious Metals London Summit 2018 to be held in London, England on November 8, 2018 at The Hyatt Regency – The Churchill. The corporate presentation will be held November 8, 2018 at 4:15pm.

Interested parties that wish to schedule a meeting, or who would like more information regarding the conferences and events noted above, please contact Andrea Totino, Investor Relations Manager at 647-953-5962, or email atotino@revival-gold.com. Corporate presentation and fact sheet information materials are available on the Company’s website at www.revival-gold.com.

About Revival Gold Inc.
Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and had a working capital balance of approximately $1.8 million as at September 30th, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:
Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Toronto, ON – October 15th, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces results from an initial phase of metallurgical testwork on sulphide and transitional material from the Beartrack gold project (“Beartrack”) located in Lemhi County, Idaho.

Summary Results

• Six composite samples selected from sulphide and transitional mineralization in various rock units at Beartrack were submitted to SGS Mineral Services (“SGS”) in Vancouver, Canada in April 2018 for an initial phase of metallurgical testwork.
• Testwork focused on minerology, updating historical floatation results and the potential for ultra-fine grinding to liberate gold without the need for pre-oxidation of sulphide material in the Beartrack process flowsheet.
• Results released today indicated favorable gold recoveries into rougher flotation concentrate and from cyanidation of flotation tails for the six samples tested with combined gold recoveries ranging from 83% to 99%.
• Overall gold recoveries using ultra-fine grind, conventional flotation and intensive leach of concentrates for the six samples tested had recoveries ranging from 49% to 77%. As suggested by historical metallurgical testwork, pre-oxidation of concentrates is deemed necessary to improve overall flowsheet gold recovery.
• A second phase of metallurgical work will be pursued to assess the various pre-oxidation processes available such as pressure oxidation, the Albion process and the Dundee process.

“The level of gold recovery to flotation concentrates observed in SGS’s results is encouraging and represents a good start to Revival Gold’s planned program to update the metallurgical testwork on sulphide material at Beartrack”, said Hugh Agro, President and CEO. “The next phase of metallurgical work will focus on the various pre-oxidation processes available for treatment of concentrates. Meanwhile, drilling will continue as Revival Gold seeks to grow both leachable and mill resources on the Company’s combined Beartrack-Arnett land position”, he added.

Details

Revival Gold’s May 2018 maiden mineral resource at Beartrack (“Mineral Resource”) was categorized as leachable (oxide and transitional) or mill (predominately sulphide) material depending on the metallurgical and economic characteristics of each block in the Mineral Resource block model.

Metallurgical characteristics of the leachable material at Beartrack are relatively well-defined given the project’s history as a successful heap leach mine operated by Meridian Gold Company (“Meridian”) in the 1990’s. A leach recovery of 85% of the cyanide soluble gold grade for leach material was assumed in the Mineral Resource based on past testwork by Meridian (Hazen, 1989-90) and the level of recovery realized at the historic operation.

Metallurgical characteristics of the mill material at Beartrack are less well-defined. Past testwork by Meridian (Hazen, 1989-90) suggested the use of pressure oxidation as a pre-oxidizing step for flotation concentrates derived from mill material in the Mineral Resource. Based on this past testwork, a pressure oxidation flowsheet and an assumed mill recovery of 84% of the fire assay gold grade was used in the Mineral Resource estimate.

In conjunction with Revival Gold’s 2018 exploration program at Beartrack, the Company initiated a first phase of metallurgical testwork focused on minerology, updating historical floatation results and the potential for ultra-fine grinding to liberate gold without the need for pre-oxidation of sulphide material. Six composite samples from Beartrack were submitted to SGS Mineral Services in Vancouver, Canada in April 2018. The samples were selected from sulphide and transitional mineralization in various rock units in the South Pit, Ward’s Gulch and Joss areas at Beartrack.

The flowsheet test configuration included initial grinding (to a P80 of 40 µm) and rougher flotation followed by intensive leaching of flotation concentrates and cyanidation of flotation tails. Flotation concentrates underwent a regrinding stage (to a P80 of 5-10 µm) prior to leaching.

During flowsheet development testwork, a master composite was produced and subjected to a variety of test conditions during all stages of the flowsheet to determine the most appropriate conditions going forward in preparation for the flowsheet testing stage.

Mineralogy and flowsheet development testwork on the master composite and on the six individual composites from Beartrack generated the following results:

Head Characterization –

• Individual composite head assays ranged from 0.69 to 6.07 g/t Au, from <200 to 14,500 ppm As, from 0.43 to 2.20% S, and from 0.02 to 1.07 % C.
• The master composite grade was 2.11 g/t Au, 4,000 ppm As, 1.46% S, and 0.32% C.
• Gangue minerology was composed mostly of light silicates such as quartz.
• Pyrite and arsenopyrite were the dominant sulphide phases.
• Gold grains were typically 5-50 μm in size and were found to be poorly liberated and in close association with the sulphide phases.

Flowsheet Test Results –

• Gold recoveries into individual composite rougher concentrates ranged from 64% to 98% with mass pulls ranging from 15% to 21%.
• Intensive leaching of rougher flotation concentrates yielded gold extractions from flotation concentrates ranging from 48% to 81% and averaged 62%.
• Cyanidation of rougher flotation tailings yielded gold extractions ranging from 40% to 82% and averaged 68%.
• Gold recoveries into rougher flotation concentrate and from cyanidation of flotation tails yielded combined recoveries ranging from 83% to 99% and averaging 94%.
• Overall gold recoveries using ultra-fine grind, conventional flotation and intensive leaching of concentrates yielded recoveries of 49% to 77% and averaging 62%. Pre-oxidation of concentrates is deemed necessary to improve on overall flowsheet gold recovery.

Next Steps

A follow up phase of metallurgical testing was recommended by SGS including the following key items:

• Additional work to best understand the sub-microscopic gold component using Dynamic Secondary Ion Mass Spectroscopy (D-SIMS).
• Evaluation of options to improve gold extraction from the flotation concentrate including updated evaluation of pressure oxidation as well as an initial evaluation of other oxidation processing options such as the Albion and Dundee processes. The Albion process was developed in 1994 and uses a combination of ultra-fine grinding and oxidative leaching at atmospheric pressure to liberate gold from sulphide ore. The more recently developed Dundee chlorination process uses sodium hypochlorite with a catalytic amount of sodium hypobromite in acidic conditions to put gold into solution. Both processes have been successfully commercialized.
• An extension of the metallurgical testing of sulphide and transitional mineralization in to other rock units and other mineralized areas at the Beartrack project.

Over the coming months, Revival Gold will assemble additional metallurgical sample material and further develop the Company’s next phase of metallurgical testing. Metallurgical testwork will be targeted to dovetail with the potential initiation of a resource update for Beartrack-Arnett in late 2019.

Steven T. Priesmeyer, C.P.G., Vice President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and had a working capital balance of approximately $1.8 million as at September 30th, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law

Toronto, ON – October 2^nd, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces that drilling has commenced on the Haidee patented claim (“Haidee”) within Revival Gold’s Arnett Gold Project (“Arnett”) located in Lemhi County, Idaho.

Haidee was originally staked in 1887 by individuals including George L. Shoup, the first Governor of the state of Idaho. Arnett neighbours Revival Gold’s flagship Beartrack Gold Project (“Beartrack”) where drilling is already underway.

Highlights

• Drilling has commenced on a seven-hole 1,000-meter core drill program on Haidee at Arnett. Three rigs are now drilling for Revival Gold in the Beartrack-Arnett project area
• Arnett has seen widespread placer mining as well as small scale lode mining at the Haidee and Italian Mine prospects. Patented ground at Haidee was staked in 1887 by some of Idaho’s earliest frontiersmen, including George L. Shoup, the first Governor of the State of Idaho
• Known mineralization at Arnett occurs in two sub-parallel trends, each measuring over four kilometers in length
• In 2017 Revival Gold completed a selective rock sampling program from dumps, float and sparse outcrop across Arnett, representative of the mineralization hosted on the property.  Of the 107 samples collected, 37 returned gold values exceeding 1 g/t gold

“We are thrilled to be following in the footsteps of Idaho’s first Governor”, said Hugh Agro, President & CEO. “Gold was first discovered in eastern Idaho in the 1860’s at Beartrack-Arnett. With a third drill turning at Beartrack-Arnett we have embraced the spirit of Idaho’s earliest frontiersman and marked another exploration milestone for the benefit of our shareholders, Lemhi County and the State of Idaho”.

Details

Revival Gold received all state and federal permits for a seven-hole 1,000-meter core drill program on its recently acquired patented Haidee claim at Arnett in September 2018.  Titan Drilling commenced drilling on October 1^st, 2018.

Drilling at Arnett will target known mineralization at Haidee and will be integrated with 11 core holes previously drilled by Meridian Gold Inc. (“Meridian”) in 1997.  Drilling is intended to confirm the continuity and tenor of mineralization at Haidee over approximately 300 meters of strike (see press release dated September 19^th, 2018 for further details).

Arnett has been the site of widespread placer mining as well as small-scale lode mining at the historical Haidee and Italian Mine prospects.  Placer mining began in the area immediately after the American Civil War in 1866 and has continued sporadically to the present.  The Haidee patented claim was staked in 1887 and patented in 1892 by Messrs. George L. Shoup, M. M. McPherson and A. J. Macnab.  Mr. Shoup served as Idaho’s first governor from July to December of 1890 and was then elected by the State legislature to the U.S. Senate in December 1890 where he remained until March of 1901 (The Spokesman-Review, Spokane, 1904).

Known mineralization at Arnett occurs in two sub-parallel trends, each measuring over four kilometers in length.  The northern trend, known as the Northern Contact zone, includes the Haidee prospect and a historical resource (the “Arnett Historical Resource Estimate”) described further below.  The southern trend, known as the Arnett trend, includes the Italian Mine prospect and several other prospects.  In 2017 Revival Gold completed a selective rock sampling program from dumps, float and sparse outcrop across Arnett, representative of the mineralization hosted on the property.  Of the 107 samples collected, 37 returned gold values exceeding 1 g/t gold.

The total gold endowment at Beartrack-Arnett is significant.  Placer gold production was estimated at 475,000 to 600,000 ounces (Johnson et al, 1998) and hard rock gold production was reported as approximately 600,000 ounces (Meridian, 2000).  In addition, the current mineral resource at Beartrack is 33.4 million tonnes Indicated at 1.13 g/t gold containing 1.2 million ounces of gold) and 16.9 million tonnes Inferred at 1.41 g/t gold containing 0.8 million ounces gold (see Revival Gold press release dated May 29, 2018 for further details) and the Arnett Historical Resource Estimate (see below) was estimated at 380,000 ounces of gold.

Arnett Historical Resource Estimate

Arnett is an advanced stage exploration project that was the subject of three historic geologic resource estimates prepared by Pincock, Allan & Holt (“PAH”) in 1991, 1993 and 1994 (the “PAH Reports”).  The most recent historic geological resource estimate encompassing Arnett, titled the “PAH 1994 Update of Arnett Creek Conceptual Study” (the “PAH 1994 Update”), reported a historical indicated geologic resource of 10.9 million tonnes at 0. 93 grams of gold per tonne (12 million tons at 0.027 ounces of gold per ton) containing approximately 327,000 ounces of gold and a historical inferred geologic resource of 2.6 million tonnes at 0.62 grams of gold per tonne (2.9 million tons at 0.018 ounces of gold per ton) containing approximately 53,000 ounces of gold. Rights to the entire Historical Resource Estimate and all five known mineralized areas referenced in the PAH 1994 Update are now controlled by Revival Gold.  There are no more recent estimates or data available to the Company. It should be noted that the PAH report was prepared prior to the implementation of National Instrument 43-101 and does not conform to this standard.  Resource categories in the Historical Resource Estimate are not used in the in the same sense as stipulated in NI 43-101 and are included for historical purposes only.

The PAH 1994 Update utilized a rock-type model.  Compositing of assay data was done on ten-foot lengths, and high-grade outlier composite grades were capped by rock type.  PAH ran geological resources for both the capped and uncapped model and found there to be negligible difference in total ounces between the two models.

Using omni-directional and vertical variograms constructed within the main mineralized zones, PAH selected a search radius of 110 feet in plan and 150 feet vertically.  A minimum of three composites were required for a block to be estimated by ordinary kriging. For a resource to be classified as indicated, at least one composite had to be within 80 feet of the estimated block or within a mineralized zone.  Blocks outside a mineralized zone, and further than 80 feet from a composite, were classified as inferred.

The Company notes that the PAH 1994 Update was based on reverse-circulation drilling conducted by American Gold Resources Inc. Subsequent geological work conducted by Meridian in 1997 consisted of eleven diamond drill holes, three of which were twins of previous reverse-circulation holes. While these twin holes confirm the presence of gold from earlier drilling, they also demonstrate the high variability of gold grades over the short distances between twined holes and suggest that the results from reverse-circulation drilling below the water table may not always be reliable.

The Company believes that the historic drilling and the PAH 1994 Update support the existence of a significant mineralized system. However, any future resource estimates by the Company will be based on a larger component of core drilling and will use specific gravity measured from drill core samples.

In early 1998, Meridian submitted a two‐year proposal to the U.S. Forest Service for exploration at Arnett Creek and area.  However, in mid-1998, Meridian terminated its involvement in the

project, returning the claims to their original owners.  No major exploration activities have been recorded since. The Company cautions that the PAH Reports were prepared prior to the

implementation of National Instrument 43-101.  Accordingly, the PAH 1994 Update does not constitute a mineral resource, or a mineral reserve as defined by National Instrument 43-101.  The Project will require considerable further evaluation to verify the PAH 1994 Update.  As of the date of this news release, a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the Company is not treating the historical estimate as a current mineral resource or mineral reserve.

Arnett Plan of Operations

In October 2017 Revival Gold submitted a Plan of Operations (“Plan of Operations”) permit application to the United States Forest Service to drill from 52 drill-pad locations on the Company’s unpatented claims at Arnett. A public comment period was completed in February 2018. Permitting is progressing and a permit for drilling on Revival Gold’s unpatented claims at Arnett is expected to be received by year end.

When approved, the Plan of Operations will allow Revival Gold to expand drilling from the Haidee patented claim onto unpatented ground, and to explore other targets on the property.

Arnett adjoins Beartrack. Haidee is located approximately ten kilometers by road from the legacy mine facilities at Beartrack and benefits from its proximity to this existing infrastructure.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and had a working capital balance of approximately $5.2 million as at June 30^th, 2018. Additional disclosure of the Company’s      financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals  or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Toronto, ON – September 19th, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces results from four additional holes from its 8,000-meter core drilling program at the former producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho. In addition, Revival Gold has received permits to commence drilling at the neighbouring Arnett Gold Project (“Arnett”).

Highlights

• Ongoing drill program continues to intersect gold mineralization beyond the limits of the current Mineral Resource in three target areas at Beartrack
• Drill hole BT18-214D in the Ward’s Gulch area returned 1.24 g/t Au over 23.3 meters, 1.74 g/t Au over 22.5 meters and 1.80 g/t Au over 19.9 meters1
• Drill hole BT18-211D in the Joss area returned 2.66 g/t Au over 13.9 meters, 2.16 g/t Au over 15.2 meters, 1.16 g/t Au over 21.3 meters and 1.67 g/t Au over 27.1 meters1
• Permits received to allow an initial seven-hole 1,000-meter core drilling program at Arnett.  Drilling is expected to commence with a third rig on the Beartrack-Arnett project area in early October.¹ Drilled width; true width estimates are presented in the table below.

“Revival Gold continues to intersect significant gold mineralization beyond the limits of the current Mineral Resource at Beartrack including at Joss, the South Pit and at Ward’s Gulch”, said Hugh Agro, President & CEO. “Drilling will continue with two rigs on the ongoing program at Beartrack. In addition, we are permitted and expect to add a third drill rig in a new target area (Haidee) at Arnett shortly”.

Details

On May 29th, 2018, Revival released a maiden NI 43-101 mineral resource estimate for the Beartrack property (“Mineral Resource”).

On September 5th, 2018, Revival released results from the first three holes (BT18-207D, BT18-208D and BT18-209D) of its planned 2018 8,000-meter resource expansion core drilling program at Beartrack. These holes were targeted to expand the current open pit-constrained Mineral Resource below, and on strike from, the South Pit area. The holes returned significant widths and grades of mineralization.

The four drill holes released today (BT18-210D, BT18-211D, BT18-212D and BT18-214D) were targeted to expand the current open pit-constrained Mineral Resource below, and on strike from, the North Pit and Ward’s Gulch areas as well as in the Joss area where there is currently no Mineral Resource.

Holes BT18-214D and BT18-211D successfully extended mineralization at depth in the Ward’s Gulch area and encountered several significant mineralized intervals in the Joss area. Holes BT18-210D and BT18-212D intercepted only modest widths of mineralization below the current open pit-constrained Mineral Resource in the North Pit area.

Mineralization at Beartrack remains open to the south of Joss, north along strike between Joss and the South Pit, north along strike between the South Pit and Ward’s Gulch area and into the North Pit.

To date in 2018, eleven core holes have been completed at Beartrack for a total of approximately 5,300 meters.  Beyond the holes for which results have been released, additional holes have been completed in the Joss area, between Joss and the South Pit, at the South Pit and at Ward’s Gulch.  Drilling is currently underway in the South Pit and Joss areas.

Summary assay results from holes released today are presented in the table below:

Hole Number	Area	Azimuth (deg.)	Dip (deg.)	From (m)	To (m)	Drilled Width (m)	Est. True Width1 (m)	Fire Assay Gold Grade (g/t)
BT18-210D	North Pit	301.5	-52.8	161.8	168.7	6.9	4	1.93
				284.4	289.0	4.6	3	2.88
BT18-212D2	North Pit	304.3	-46.0	99.0	123.4	24.4	16	0.92
BT18-211D3	Joss	302.6	-52.9	102.7	106.7	4.0	n/a	3.57
				188.5	202.4	13.9	n/a	2.66
				217.9	222.1	4.2	n/a	5.37
				228.0	243.2	15.2	n/a	2.16
				250.9	258.5	7.6	n/a	1.45
				272.2	293.5	21.3	n/a	1.16
				314.9	342.0	27.1	n/a	1.67
BT18-214D4	Ward’s Gulch	305.0	-57.1	219.5	242.8	23.3	12	1.24
				258.2	280.7	22.5	12	1.74
				295.7	316.1	20.4	10	0.73
				326.7	346.6	19.9	10	1.80

1. True width estimates in the North Pit and Ward’s Gulch areas are based on a vertically dipping mineral zone.  True widths in the Joss area is unknown (n/a) at this time.  Drill holes typically steepen during drilling so the inclination of the drill hole at depth may not be the same as the inclination in the mineralized zone.
2. Recoveries for the intervals 111.1 meters to 112.6 meters and 120.4 meters to 121.9 meters were 50%, 44% and 40% respectively.
3. Recovery for the interval 316.8 meters to 317.3 was 47%.
4. Recoveries for the intervals 227.7 meters to 228.4 meters and 228.4 meters to 230.7 meters were 48% and 0% respectively.  The interval 0% recovery was included at zero grade. 

Figure 1 illustrates a plan view of the footprint of the current Beartrack Mineral Resource with the location of all completed 2018 drill holes to-date indicated.

Figure 2 illustrates a long-section view at Beartrack from the north end of the North Pit Zone to the south end of the Joss Zone (approximately 4 kilometers) with the current Mineral Resource block model and the location of all seven holes released to-date this year.

Drilling will continue at Beartrack through the fall season with all results expected to be released by early 2019.

Arnett Permitting and 2018 Drilling Plans

In October 2017 Revival Gold submitted a Plan of Operations permit application to the United States Forest Service to drill from 52 drill-pad locations on the Company’s unpatented claims at Arnett. A public comment period was completed in February 2018. Permitting is progressing and a permit for drilling on Revival Gold’s unpatented claims at Arnett is expected to be received by year end.

On Revival Gold’s recently acquired patented claim at Arnett (see press release dated July 24th, 2018), the Company applied for and has now received all state and federal permits, required to begin a seven-hole 1,000-meter core drill program on patented ground.  Program preparations and logistics are being finalized. Drilling is expected to start in early October.

This year’s drilling program at Arnett will target known mineralization at the Haidee prospect and will be integrated with 11 core holes previously drilled by Meridian Gold Inc. in 1997.  Revival Gold’s drilling is intended to confirm the continuity and tenor of mineralization in the Haidee area over approximately 300 meters of strike.  Figure 3 provides a plan view overview of the Arnett 2018 drill program.

QA/QC Program

Quality Assurance/Quality Control consists of the regular insertion of duplicates, blanks and certified reference materials into the sample stream.  Check samples will be submitted to an umpire laboratory at the end of the drilling program.  Sample results are analyzed immediately upon receipt and all discrepancies are investigated.  Samples are submitted to the ALS Minerals sample preparation facility in Elko, Nevada.  Gold analyses are performed at the ALS Minerals laboratory in Reno, Nevada and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia.  ALS Minerals is an ISO 17025:2005 accredited lab.

Gold assays are determined by Fire Assay and AAS on a 30-gram nominal sample weight (Au-AA25).  For shallow holes targeting leachable mineralization, gold is also determined by cyanide leach with an AAS finish on a nominal 30-gram sample weight (Au-AA13).  Multi element geochemical analyses are completed on selected drill holes using the ME-MS 61 method.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and had a cash balance of approximately $4.7 million as at June 30th, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Figure 1 – Beartrack 2018 Drill Program (plan view as at September 19th, 2018)

Figure 2 – Beartrack Block Model Long Section North-West View (with 2018 drill results to-date)

Figure 3 – Arnett 2018 Drill Program (plan view)

Toronto, ON – September 5^th, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces results from the first three holes of its planned 2018 8,000-meter core drilling program at the former producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho.

Highlights

• 1.38 g/t Au over 18.3 meters¹ from 392.9 to 411.2 meters in BT18-207D
• 1.38 g/t Au over 105.2 meters¹ from 383.7 meters to 488.9 meters in BT18-208D
• 1.89 g/t Au over 69.5 meters¹ from 527.9 meters to 597.4 meters in BT18-209D

¹ Drilled width; true width estimates are presented in the table below.

“These initial results demonstrate a continuation at depth of significant grades and widths of gold mineralization at Beartrack”, said Hugh Agro, President & CEO. “Mineralization intersected by these holes occurs over approximately 300 meters of strike in the South Pit area and 50 to 130 meters below the conceptual pit shell that defines the current Beartrack mineral resource”.

Details

On May 29th, 2018, Revival released a maiden NI 43-101 mineral resource estimate for the Beartrack property (“Mineral Resource”).At a gold price of US$1,300/ounce, a 0.61 g/t gold mill cut-off and a 0.26 g/t cyanide soluble gold heap leach cut-off, the pit-constrained Mineral Resource contains:

• A total Indicated Mineral Resource of 33.4 million tonnes at 1.13 g/t gold containing 1,214,000 ounces of gold; and,
• A total Inferred Mineral Resource of 16.9 million tonnes at 1.41 g/t gold containing 765,000 ounces of gold.

Revival Gold initiated its 2018 core drill program at Beartrack with one drill rig in late May and added a second rig in early June. Drilling this year is designed to expand the maiden Mineral Resource at Beartrack and to test underexplored areas along strike.

Mineral resource expansion will focus on the South and North Pit target areas. Additional drilling is planned in the Joss target area which is located approximately 700 meters south along strike from the South Pit and between the South Pit and Joss.

The three drill holes released today (BT18-207D, BT18-208 and BT18-209D) targeted mineralization below the current Mineral Resource at the South Pit area. All three drill holes intersected good grades and confirmed the extension of gold mineralization over approximately 300 meters of strike below the current Mineral Resource at the South Pit area.Mineralized intersections vary from 50 meters to 130 meters below the bottom of the conceptual pit that defines the current Beartrack Mineral Resource.

An additional six drill holes have been completed in the North Pit, Ward’s Gulch and Joss areas with a total of approximately 4,900 meters this year to-date.Holes are currently underway in the South Pit area and between the South Pit and Joss areas.

Summary assay results from holes released today are presented in the table below:

¹ True width estimates based on a vertically dipping mineral zone.Drill holes typically steepen during drilling so the inclination of the drill hole at depth may not be the same as the inclination in the mineralized zone.

² Recoveries for the intervals 407.4 meters to 408.1 meters, 414.4 meters to 414.8 meters and 415.4 meters to 416.5 meters were 28%, 0% and 40% respectively.The intervals with 28% and 0% recovery were included at zero grade.Additionally, the intervals 482.2 meters to 482.5 meters and 484.5 meters to 485.2 meters were considered to be material that had caved into the hole and were not sampled.Those intervals were included at zero grade.

Figure 1 illustrates a plan view of the footprint of the current Mineral Resource with the location of completed 2018 drill holes indicated.

Figure 2 illustrates a long-section view through the South Pit Zone at Beartrack with the current Mineral Resource block model and the location of the three drill holes released today indicated.

Drilling will continue at Beartrack through the fall season with all results expected to be released over the course of the next two quarters.

QA/QC Program

Quality Assurance/Quality Control consists of the regular insertion of duplicates, blanks and certified reference standards into the sample stream.Check samples will be submitted to an umpire laboratory at the end of the drilling program.Sample results are analyzed immediately upon receipt and all discrepancies are investigated.Samples are submitted to the ALS Minerals sample preparation facility in Elko, Nevada.Gold analyses are performed at the ALS Minerals laboratory in Reno, Nevada and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia.ALS Minerals is an ISO 17025:2005 accredited lab.

Gold assays are determined by Fire Assay and AAS on a 30-gram nominal sample weight (Au-AA25).For shallow holes targeting leachable mineralization, gold is also determined by cyanide leach with an AAS finish on a nominal 30-gram sample weight (Au-AA13).Multi element geochemical analyses are completed on selected drill holes using the ME-MS 61 method.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and had a cash balance of approximately $4.7 million as at June 30^th, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Figure 1 – Beartrack 2018 Drill Program (plan view as at September 2018)

Figure 2 – Beartrack South Pit Zone Long Section (with 2018 initial drill results)

Toronto, ON – August 28, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces Depository Trust Company (“DTC”) eligibility, and its participation in the upcoming conferences.

• Precious Metals Summit 2018 to be held in Beaver Creek, Colorado. September 20-22, 2018 at Park Hyatt Beaver Creek. Presenting Friday, September 21, 2018 at 5:15-5:30 PM in Room 2 – Gore Range Hall, Hyatt.
• Denver Gold Forum 2018 to be held in Colorado Springs, Colorado. September 23-36, 2018 at The Broadmoor Hotel & Resort.

Interested parties that wish to schedule a meeting, or who would like more information regarding the conferences and events noted above, please contact Andrea Totino, Investor Relations Manager at 647-953-5962, or email atotino@revival-gold.com. Corporate presentation and fact sheet information materials are available on the Company’s website at www.revival-gold.com.

DTC Eligibility

Revival Gold’s common shares, traded on the OTCQB Venture Market, under the symbol “RVLGF”, are now Depository Trust Company eligible.  DTC is a subsidiary of the Depository Trust & Clearing Corp. of New York, NY and manages the electronic clearing and settlement of share transactions for publicly traded companies.  DTC eligibility allows for more efficient electronic transferring of Revival Gold shares between brokerage accounts in the United States.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding and a cash balance of approximately $4.7 million as at June 30th, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Toronto, ON – July 24, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces the expansion of its land position at both the Beartrack Gold Project (“Beartrack”) and the neighbouring Arnett Gold Project (“Arnett”), located in Lemhi County, Idaho.

Revival Gold has signed agreements to purchase an undivided 100% interest in the 18-acre Haidee patented mining claim (the “Haidee”) and the 20-acre Mapatsie #18A unpatented mining claim (the “Mapatsie #18A”). Both claims are located within Revival Gold’s existing Arnett land package.  The claims were purchased from a collection of parties for total cash payments of US$350,000 on close plus a 2% Net Smelter Return (“NSR”) from the production and sale of the minerals from the Haidee claim.  The NSR may be purchased by Revival Gold at any time for US$1,000,000.  The purchases are expected to close within 30 days.

In addition to the purchase of Haidee and Mapatsie #18A at Arnett, Revival Gold has increased its land position by staking a total of 117 unpatented lode mining claims surrounding Beartrack.  The staked claims total approximately 2,410 acres (975 hectares) and, together with the purchase of Haidee and Mapatsie #18A, bring the total Revival Gold land package at Beartrack and Arnett to approximately 11,641 acres (4,711 hectares).

“Historic work suggests the presence of significant near-surface oxide gold mineralization at Arnett”, said Hugh Agro, Revival Gold’s President and CEO. “The acquisition of Haidee and Mapatsie #18A solidifies Revival Gold’s rights to all known gold occurrences at Arnett.  Exploration at Arnett will target near-surface leachable material to supplement existing near-surface leachable resources at Beartrack”.

Arnett Additional Details

Revival Gold holds rights to a 100% interest in Arnett. The project is an advanced stage exploration project which was the subject of three historic geologic resource estimates prepared by Pincock, Allan & Holt (“PAH”) in 1991, 1993 and 1994 (the “PAH Reports”).

The most recent historic geological resource estimate encompassing Arnett, titled the “PAH 1994 Update of Arnett Creek Conceptual Study” (the “PAH 1994 Update”), reported a historical indicated geologic resource of 10.9 million tonnes at 0. 93 grams of gold per tonne (12 million tons at 0.027 ounces of gold per ton) containing approximately 327,000 ounces of gold and a historical inferred geologic resource of 2.6 million tonnes at 0.62 grams of gold per tonne (2.9 million tons at 0.018 ounces of gold per ton) containing approximately 53,000 ounces of gold (the “Historical Resource Estimate”).  Rights to the entire Historical Resource Estimate and all five known mineralized areas referenced in the PAH 1994 Update are now controlled by Revival Gold.  There are no more recent estimates or data available to the Company. It should be noted that the PAH report was prepared prior to the implementation of NI43-101 and does not conform to this standard.  Resource categories in the Historical Resource Estimate are not used in the in the same sense as stipulated in National Instrument 43-101 and are included for historical purposes only.

The PAH 1994 Update utilized a rock-type model.  Compositing of assay data was done on ten-foot lengths, and high-grade outlier composite grades were capped by rock type.  PAH ran geological resources for both the capped and uncapped model and found there to be negligible difference in total ounces between the two models.

Using omni-directional and vertical variograms constructed within the main mineralized zones, PAH selected a search radius of 110 feet in plan and 150 feet vertically.  A minimum of three composites were required for a block to be estimated by ordinary kriging. In order for a resource to be classified as indicated, at least one composite had to be within 80 feet of the estimated block or within a mineralized zone.  Blocks outside a mineralized zone, and further than 80 feet from a composite, were classified as inferred.

The Company notes that the PAH 1994 Update was based on reverse-circulation drilling conducted by American Gold Resources Inc. Subsequent geological work conducted by Meridian in 1997 consisted of eleven diamond drill holes, three of which were twins of previous reverse-circulation holes. While these twin holes confirm the presence of gold from earlier drilling, they also demonstrate the high variability of gold grades over the short distances between twined holes and suggest that the results from reverse-circulation drilling below the water table may not always be reliable.

The Company believes that the historic drilling and the PAH 1994 Update support the existence of a significant mineralized system. However, any future resource estimates by the Company will be based on a larger component of core drilling and will use specific gravity measured from drill core samples.

In early 1998, Meridian submitted a two-year proposal to the U.S. Forest Service for exploration at Arnett Creek and area.  However, in mid-1998, Meridian terminated its involvement in the project, returning the claims to their original owners.  No major exploration activities have been recorded since.

The Company cautions that the PAH Reports were prepared prior to the implementation of National Instrument 43-101.  Accordingly, the PAH 1994 Update does not constitute a mineral resource or a mineral reserve as defined by National Instrument 43-101.  The Project will require considerable further evaluation in order to verify the PAH 1994 Update.  As of the date of this news release, a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and Company is not treating the historical estimate as a current mineral resource or mineral reserve.

See Figure 1 below for an updated description of Revival Gold’s Beartrack and Arnett land position.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has 41 million shares outstanding and had a cash balance of approximately $6.2 million as at June 1st, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:
Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Figure 1 – Revival Gold Beartrack and Arnett Gold Land Position

Toronto, ON – July 12, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 (“NI 43-101”) on the Beartrack Gold Project (“Beartrack”) in Lemhi County, Idaho (the “Technical Report”). The Technical Report supports the disclosure made by the Company in its news release dated May 29, 2018 titled “Revival Gold Unveils 43-101 Gold Resource at the Beartrack Gold Project in Idaho, USA”. There are no material differences from the mineral resources contained in the Technical Report from those disclosed in the May 29, 2018 news release.

The Technical Report, titled “Mineral Resource Estimate, Beartrack Property, Lemhi County, Idaho, United States”, is dated July 12, 2018 and has an effective date of April 18, 2018. The Technical Report was prepared by Resource Modeling Inc. with Graham A. Karklin & Associates Inc. contributing to the Mineral Processing and Metallurgical Testing section.

Highlights

• At a 0.61 g/t gold mill cut-off and 0.26 g/t cyanide soluble gold heap leach cut-off, the Beartrack Mineral Resource contains:
  • A total Indicated Mineral Resource of 33.4 million tonnes at 1.13 g/t gold containing 1,214,000 ounces of gold; and,
  • A total Inferred Mineral Resource of 16.9 million tonnes at 1.41 g/t gold containing 765,000 ounces of gold.
• Beartrack was previously operated as an open pit, heap leach operation exploiting leachable ore. The mine produced 609,000 ounces of gold before it was shut down in 2000 when the price of gold was below US$ 300/ounce.
• Significant infrastructure from the historic operation remains. For this Mineral Resource, Revival Gold has conceptualized an initial heap leach restart with a mill operation to follow.
• The Mineral Resource is defined by 458 core and reverse circulation drill holes totalling approximately 71,000 meters.

Exploration Update

Two rigs are currently in operation on a planned 8,000-meter core drill program at Beartrack. The program is expected to be completed mid-way through the fourth quarter of 2018. Three holes totaling approximately 1,600 meters in the South Pit target area and one hole totalling approximately 420 meters in the North Pit target area have been completed to-date. Assay results from these first three holes at Beartrack are expected to be available in August 2018.

Revival Gold is also underway with a program of metallurgical testing being conducted by SGS Laboratories Inc. on six composite samples from Beartrack. Initial results are expected by the end of the third quarter of 2018.

At the Company’s Arnett Gold Project (“Arnett”) located next to Beartrack, as previously reported, Revival Gold is in the process of permitting 52 drill pad locations.  A total of 2,000 meters of core drilling are planned at Arnett for later this year once Revival Gold’s Plan of Operations (drilling permit) has been approved by the United States Forest Service.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content. 

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has 41 million shares outstanding and a cash balance of approximately $6.2 million as at June 1st, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100  
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Toronto, ON – June 19, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, has mobilized a second drill rig at the Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho and is pleased to provide the following exploration update.

Drilling at Beartrack resumed this season with one rig on May 22^nd. The second rig arrived on June 9^th. With the addition of the second rig, this year’s planned 8,000-meter core drill program is expected to be completed mid-way through the fourth quarter of 2018.

Drilling is designed to expand the recently announced maiden mineral resource at Beartrack (see Revival Gold press release dated May 29^th, 2018) and to test underexplored areas along strike. Resource expansion will focus on the South and North Pit target areas (approximately six holes planned in each location). Additional drilling is planned in the Joss target area (approximately three holes planned) which is located approximately 700 meters south along strike from the South Pit. Additional targets have been identified between the South Pit and Joss and may be drilled depending on program results.

“Last year’s drill program validated historic drill data at Beartrack and allowed Revival Gold to announce a maiden indicated mineral resource of 33.4 million tonnes at 1.13 g/t gold containing 1,214,000 ounces of gold and a maiden inferred mineral resource of 16.9 million tonnes at 1.41 g/t gold containing 765,000 ounces of gold”, said Hugh Agro, President and CEO. “This year’s drill program is all about expanding this resource and testing new targets along strike”.

In addition to drilling at Beartrack, Revival Gold is currently in the process of permitting 52 drill pad locations at the neighbouring Arnett Project (“Arnett”). A total of 2,000 meters of core drilling are planned for Arnett later this year once the Company’s Plan of Operations has been approved by the United States Forest Service.

Drilling at Arnett will target near surface leachable material to supplement existing open-pit leachable resources at Beartrack. Drill targets have been identified based on historic exploration work and Revival Gold’s 2017 field mapping and selective rock sampling program. As previously released, approximately one-third of Revival Gold’s 2017 selective rock samples from across Arnett graded greater than 1 g/t gold (see Revival Gold press release dated November 13^th, 2017).

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Gold Project.

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has 41 million shares outstanding and had a cash balance of approximately $6.2 million as at June 1st, 2018. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: info@revival-gold.com

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.