Toronto, ON – May 29, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the Company), a growth-focused gold exploration and development company, is pleased to announce a NI 43-101 mineral resource estimate (“Mineral Resource”) for the past producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho.

Highlights

• At a gold price of US$1,300/ounce, a 0.61 g/t gold mill cut-off and a 0.26 g/t cyanide soluble gold heap leach cut-off, the pit-constrained Beartrack Mineral Resource contains:
  • A total Indicated Mineral Resource of 33.4 million tonnes at 1.13 g/t gold containing 1,214,000 ounces of gold; and,
  • A total Inferred Mineral Resource of 16.9 million tonnes at 1.41 g/t gold containing 765,000 ounces of gold.
• Beartrack was previously operated as an open pit, heap leach operation exploiting leachable ore. The mine produced 609,000 ounces of gold before it was shut down in 2000 when the price of gold was below US$ 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.
• Revival Gold has now resumed exploration drilling with 8,000 meters planned for Beartrack this year and an additional 2,000 meters being permitted to drill later this year at the neighbouring Arnett Creek Project (“Arnett Creek”).
• In addition, Revival Gold has initiated a program of modern metallurgical test-work for Beartrack by submitting six composite samples to SGS Laboratories Inc. in Vancouver, Canada with initial results expected in the third quarter.

Details

Table 1 outlines the pit-constrained Mineral Resource for Beartrack with cut-off grade sensitivity shown in Table 2.

Table 1:  Summary of Beartrack Project Indicated and Inferred Mineral Resources by Material Type (0.61 g/t gold mill cut-off and 0.26 g/t cyanide soluble gold heap leach cut-off grade)^1-4

1 Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.  It is reasonably expected that most of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
2 Mineral Resources were tabulated for model blocks with positive net value that lie within an optimized conceptual pit.  Table 3 summarizes the various economic parameters that were used to generate the Mineral Resource pit.  The price, recovery and cost data translate to a breakeven gold cut-off grade of approximately 0.61 g/t gold and 0.26 g/t cyanide soluble gold for mill and heap leach respectively.
3 Rounding may result in apparent discrepancies between tonnes, grade, and contained metal content.
The estimate of mineral resources may be materially affected by geology, environment, permitting, legal, title, taxation, socio-political, marketing or other relevant issues.
4 The effective date of the mineral resource estimate is April 18, 2018.
5 Heap Leach material defined by cyanide soluble grade leach characteristics.

Table 2:  Sensitivity Analysis of Grade and Tonnage at Varying Pit-Constrained Cut-Off Grades for the Beartrack Project

1 Base case cut-off grades at US$1,300/ounce gold are approximately 0.61 g/t gold and 0.26 g/t cyanide soluble gold for mill and heap leach respectively. Heap leach cut-off grade varies as does mill cut-off grade based on gold price.
2 Includes both heap leach and mill material.

“This NI 43-101 gold resource sets a solid foundation for Revival Gold’s 2018 exploration and metallurgical test-work plans for Beartrack”, said Hugh Agro, President & CEO. “This year we will build on the potential at Beartrack and at the neighbouring Arnett Creek with a program of 8,000 meters of drilling, now underway at Beartrack, and a further 2,000 meters currently being permitted for drilling later this year at Arnett Creek.  In addition, Revival Gold has initiated a program of modern metallurgical test-work at Beartrack by sending six composite samples to SGS Laboratories Inc. in Vancouver, Canada, with initial results expected in the third quarter”.

The Mineral Resource is defined by 458 core and reverse circulation drill holes totalling approximately 71,000 meters.  This includes 424 core and reverse circulation drill holes totalling approximately 57,450 meters drilled from 1990 to 1997 and 34 core drill holes totalling 13,737 meters drilled from 2012 to 2017 after the cessation of historic mining operations.  Statistical analyses comparing pre-2012 assay data with more recent core hole results revealed no distinct biases between the older and the more recent assay data.  Based on those comparisons, and favorable quality assurance-quality control (QA-QC) results for the 2012-2017 drilling data, Beartrack drill hole data from the period 1990 through 2017 were considered appropriate for estimating Mineral Resources.

The Mineral Resource includes all oxide, mixed oxide-sulphide and sulphide material within a conceptual open pit shell that was based on a gold price of US$1,300/ounce along with the cost, recovery and slope parameters summarized in Table 3.  Heap leach resources are primarily composed of oxide and mixed oxide-sulphide material and mill resources are primarily composed of sulphide material. Two separate net values were calculated for each block based on heap leach and mill parameters. The conceptual resource pit was generated from the maximum of the two conceptual block net values.  The mill parameters shown in Table 3 translate to a breakeven gold cut-off grade of 0.61 g/t gold. The heap leach parameters shown in Table 3 translate to a breakeven gold cut-off grade of 0.26 g/t cyanide soluble gold.

Table 3:  Conceptual Pit Parameters

1 Gold grades based on cyanide soluble methods.
2 Gold grades based on fire assay methods.

As presently conceived, Beartrack would be mined by conventional open pit methods and the mineralized material potentially processed by heap leach and milling methods. Mill flotation concentrates would be pressure oxidized and cyanide leached to produce gold doré on site.  Oxide material from mill tailings would be cyanide leached to produce gold doré on site.

Beartrack was previously operated as an open pit, heap leach operation exploiting leachable ore. The operation shutdown in 2000 when the price of gold was below US$300/ounce.

The historic Beartrack operation involved open pit mining by truck and shovel at a rate of 13,600 tonnes per day of ore, with two-stage crushing to minus two inches, conveyed to a heap leach pad with gold recovered in an Adsorption, Desorption, Regeneration plant. A total of 21,880,000 tonnes at 0.98 g/t cyanide soluble gold were processed producing 609,141 ounces of gold, yielding an average recovery of 88% of the cyanide soluble gold.

Significant infrastructure from the historic operation remains.  An initial heap leach restart at Beartrack could enhance the economics of a mill operation and encompass other potentially leachable targets in the Beartrack-Arnett Creek vicinity.

Mineral Resources were estimated for the Beartrack deposit using several different interpolation processes including inverse distance weighted, ordinary kriging, and nearest neighbor methods.  Mineral Resources are based on the inverse distance weighted cubed grade model which compares favourably with the ordinary kriged model.  Blocks in the block model measure 25 feet (7.62 meters) in each direction. This block size was selected to conform to historical production models for detailed reconciliation comparisons and was deemed to be appropriate by the Qualified Person given the current drill hole spacing.  Block grades were estimated using Imperial units (ounces/short ton) and then converted to metric units.

Gold mineralization is associated with a large, northeast-trending regional structure known as the Panther Creek Fault Zone (“PCFZ”). At the southern end of the property, gold mineralization tends to be associated with the Proterozoic Yellowjacket Formation and the PCFZ and a Proterozoic quartz monzonite intrusive and the PCFZ at the northern end of the deposit. The estimate of gold resources was constrained by a combination of lithologic and gold grade wireframes. Block gold grades were independently estimated using fire assays and cyanide soluble analyses. The grade models were validated using visual and statistical methods. In addition, the grade models were extensively compared to historical cyanide soluble and fire assay blast hole data and historical production reports.  The estimated block grades were classified as Indicated and Inferred categories based on drill hole spacing and continuity of mineralization.

In addition to exploring for additional leachable material in the Beartrack-Arnett vicinity, Revival Gold intends to explore for additional sulphide material and assess advancements in sulphide processing technology since the original Beartrack metallurgical test-work was completed nearly 30 years ago. Ultra-fine grinding of sulphide material and alternative oxidative processes prior to cyanide recovery of gold will be investigated.

The Mineral Resource for Beartrack was completed by Resource Modeling Inc. (RMI) based in Stites, Idaho with Mr. Michael Lechner, P. Geo. serving as the Qualified Person for this Mineral Resource estimate. A NI 43-101 Technical Report will be filed on SEDAR within 45 days.

Michael Lechner, P. Geo., President of Resource Modeling Inc., is the Qualified Person for this maiden Mineral Resource estimate within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved its scientific and technical content.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person for the non-resource portion of 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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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 – April 9, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, will be participating in the following upcoming industry conference and events:

• European Gold Forum, to be held in Zurich, Switzerland, from April 17-19, 2018 at the Park Hyatt Hotel. Revival Gold’s presentation will be in Ballroom 3 on Thursday April 19, 2018 at 10:40am (CEST); and
• Idaho Investor Days, to be held in Toronto, Ontario, on April 24, 2018 at The Hilton Toronto at 12:30pm (EDT) and in New York, New York on April 25, 2018 at the New York Hilton Midtown at 1:00pm (EDT).

The Idaho Investor Days event will highlight the world-class mining opportunities that exist in Idaho, the “Gem State”. Governor C.L. “Butch” Otter, state officials, industry experts and fellow mining company representatives will also be present at the event to discuss why Idaho is an excellent place to invest.

Interested parties that wish to schedule a meeting, or who would like more information regarding the events noted above, please contact Andrea Totino, Investor Relations Manager, at 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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – February 26, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, reports on recent exploration activities and accelerates timing for the completion of an updated NI-43-101 Technical Report, including an updated mineral resource estimate, at the past producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho.

Highlights

• Revival Gold has finalized an update of the Beartrack drill hole database incorporating 13,737 meters of core drilling that was completed in 2012, 2013 and 2017; geological modeling of the deposit is also nearing completion;
• Comparisons between Revival Gold’s 2017 confirmation core drilling assay results and historical core and reverse circulation drilling assays results have demonstrated that the two data sets have similar gold distributions;
• Revival Gold’s Board of Directors has unanimously approved a C$4.5 million 2018 exploration program at Beartrack, including 8,000 meters of core drilling expected to commence in May; and,
• The timing for delivery of an updated NI-43-101 Technical Report, including an updated mineral resource estimate for Beartrack, has been accelerated and is now expected by mid-year 2018.

“With the success of the 2017 core drilling program, we have determined that no further confirmation drilling of historical drill results at Beartrack will be undertaken at this time. Revival Gold has therefore accelerated work to complete an updated NI 43-101 Technical Report, including an updated mineral resource estimate, for Beartrack by mid-year 2018”, said Hugh Agro, President & CEO. “Revival Gold’s 2018 drill program will be redirected – principally toward resource expansion opportunities along strike and at depth”, he added. 

Details

On August 30th, 2017 Revival Gold signed an earn-in agreement with Meridian Gold Company (“Meridian”), a subsidiary of Yamana Gold Inc., which allows Revival Gold to acquire a 100% interest in Meridian Beartrack Co. (“Meridian Beartrack”), owner of Beartrack. For further transaction details, please see Revival Gold press release dated September 7, 2017.

In mid-November 2017, Revival Gold completed the initial 3,024 meters of a planned 11,000-meter core drilling program at Beartrack.  Ten of the twelve holes drilled in 2017 targeted near-surface oxide and transitional mineralization in the Ward’s Gulch and South Pit areas with the intention of confirming historical drilling completed by Meridian Beartrack in preparation for an updated NI-43-101 Technical Report, including an updated mineral resource estimate, at Beartrack.

A quantitative review of Revival Gold’s 2017 confirmation core drilling assay results compared against historical core and reverse circulation drilling assay results has now been completed. Gold samples from 2017 were spatially paired with older gold assay results and demonstrate that the distribution of gold based on the new and old programs is similar. In addition, a quality review of the historic drill data at Beartrack has also been substantially completed.

With the validation of historical drilling data largely complete, Revival Gold’s technical team moved on to update the Beartrack drill hole database and prepare an updated geological model incorporating 13,737 meters of core drilling completed in 2012, 2013 and 2017.  During this process, it became apparent that much of the 2012 and 2013 drilling extends the depth of known mineralization at Beartrack.

Figure 1 presents a long section at Beartrack in the Ward’s Gulch area depicting known mineralization and drill holes including those drilled in 2012, 2013 and 2017. Figure 2 illustrates representative cross-sections from the newly interpreted South Pit and Ward’s Gulch geology at Beartrack.

The past few months’ progress with technical work has allowed Revival Gold to accelerate the timing to complete an updated NI 43-101 Technical Report, including an updated mineral resource estimate, for Beartrack by six months from year-end 2018 to mid-year 2018.

2018 Exploration Program

Earlier this month Revival Gold’s board of directors approved a C$4.5 million 2018 exploration program at Beartrack. The program will include approximately 8,000 meters of core drilling to be divided between the South Pit, Ward’s Gulch and Joss areas, all of which are permitted for 2018.

Figure 3 illustrates the updated 2017-2018 Beartrack Drill Plan Map.

Figure 1:  Beartrack Project Long Section (at Ward’s Gulch)

Figure 2:  Beartrack Project Cross Sections

Figure 3:  Updated Beartrack 2017-2018 Drill Plan Map

The primary focus of exploration at Beartrack in 2018 will be to extend transitional and sulfide mineralization at depth in the South Pit and Ward’s Gulch areas as these areas offer the greatest potential to increase the resource base in the near-term.   Revival Gold also plans to drill several holes in the Joss area with the objective of evaluating the size potential and grade of that target.

In addition to drilling, the 2018 Beartrack exploration program provides for a number of other activities including metallurgical studies and testing, structural geology work and reprocessing of existing geophysical data utilizing modern methods.

At Revival Gold’s neighbouring Arnett Creek Gold Project, a Plan of Operations was submitted to the USFS in the fall of 2017 and the public comment period closed on February 5th, 2018. The Plan of Operations, when approved, will allow for the construction of up to 52 drill pad sites at Arnett Creek with approximately 2,000 meters of core drilling planned for late summer 2018.

Steven T. Priesmeyer, B.Sc., M.Sc., 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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – February 21, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces that the company will be participating in the following upcoming industry conferences and events:

• BMO Capital Markets 27th Annual Global Metals & Mining Conference to be held in Hollywood, Florida. February 25-28, 2018 at the Hollywood Diplomat Hotel.
• PDAC International Convention, Trade Show & Investors Exchange to be held in Toronto, Ontario.  March 4-7, 2018 exhibiting in Booth #IE3302 at the Metro Toronto Convention Centre.

Revival Gold will also be participating in the first annual Idaho Investor Days, to be held in Toronto on April 24th and New York City on April 25th, 2018. The event will highlight the world-class mining opportunities that exist in Idaho, the “Gem State”. Governor C.L. Butch Otter, state officials, industry experts and fellow mining company representatives will also be present at the event to discuss why Idaho is an excellent place to invest.

Interested parties that wish to schedule a meeting, or would like more information regarding the conferences and events noted above, please contact Andrea Totino, Investor Relations Manager at 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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – February 15, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces that, subject to regulatory approval, it has retained Independent Trading Group Inc. (“ITG”) to provide market maintenance services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (the “TSXV”) and other applicable legislation.  ITG will trade shares of Revival Gold on the TSXV for the purposes of maintaining a reasonable market and improving the liquidity of Revival Gold’s common shares.

The Company will pay $3,500 per month for the services to be provided by ITG. The agreement may be terminated at any time by the Company or ITG following an initial six-month term. There are no performance factors contained in the agreement and ITG will not receive any shares or options as compensation for the services it will render. The Company and ITG are unrelated and unaffiliated entities but ITG and/or its clients may have an interest, directly or indirectly, in the securities of the Company.

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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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.

About Independent Trading Group Inc.

ITG specializes in market maintenance services. ITG has been providing its market maintenance services to companies ranging from TSXV listed companies to certain of Canada’s largest publicly traded companies for over 20 years.  ITG is a member of the Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF), and is a member of all Canadian Stock Exchanges and Alternative Trading Systems. For further information on ITG, please contact (416) 941-0046 or itg@itg84.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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – January 23, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth focused gold exploration and development company, announces the appointment of Diane R. Garrett, Ph.D. , as a member and Chair of the Company’s Board of Directors.

Dr. Garrett has over 20 years of experience in the mining industry and an exceptional track record for developing projects, building companies and creating considerable value for shareholders. Most recently, Dr. Garrett was President, Chief Executive Officer and Director of Romarco Minerals Inc. (“Romarco”), a Toronto Stock Exchange listed company which was acquired by OceanaGold Corp. (TSX, ASX, NZX: OGC) in 2015 for a final transaction value of over C$550 million. As CEO of Romarco, Dr. Garrett restructured the company and built and led the team that developed a world class mining project in the United States from exploration through to final feasibility, permitting and into construction.

Dr. Garrett has extensive experience in executive management and advanced academic credentials in the mining and petroleum industries, including a Masters degree in Mineral Economics and a Ph.D. in Engineering from the University of Texas at Austin. Dr. Garrett is currently the President and Chief Executive Officer of Nickel Creek Platinum Corp. (TSX: NCP) and a member of the Board of OceanaGold Corp.

Hugh Agro, President & CEO of Revival Gold, stated, “We are absolutely delighted to have Diane join the Company. Diane’s previous experience with brownfields development in the United States and building a growing new gold company is directly applicable to the future we envision for Revival Gold”.

The addition of Dr. Garrett to the Company’s Board of Directors and her appointment as Chair separates the roles of President & CEO and Chairman at Revival Gold, increases the number of the Company’s non-executive directors to five of six, and achieves the objective of strengthening the Board’s overall calibre, diversity and skill set.

Subject to regulatory approval, Revival Gold has granted 125,000 incentive stock options to Dr. Garrett pursuant to the Company’s Stock Option Plan. The options are exercisable at a price of $0.75 per share for a period of five years.

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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – January 22, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces the cross-trading of the Company’s shares on the OTCQB Venture Market in the United States. Trading has commenced under the symbol OTCQB: RVLGF.

“Revival Gold enjoys an important U.S. following given the Company’s operating presence in the State of Idaho and broad appeal to U.S.-based junior gold investors”, said Hugh Agro, President & CEO. “Cross-trading Revival Gold on the OTCQB provides a trading platform for U.S. shareholders while enhancing distribution for our Canadian shareholders”.

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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – January 18, 2018 – Revival Gold Inc. (TSXV: RVG) (“Revival Gold” or, the “Company”), a growth-focused gold exploration and development company, announces results from the final eight holes of the twelve-hole 2017 portion of the Company’s planned 11,000-meter core drilling program at the past producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho.

Highlights

• 1.73 g/t Au over 29.2 meters¹ from 99.1 meters to 128.3 meters in BT17-200D
• 3.51 g/t Au over 67.5 meters¹ from 98.6 meters to 166.1 meters in BT17-201D
• 1.99 g/t Au over 54.7 meters¹ from 91.6 meters to 146.3 meters in BT17-203D
• 2.76 g/t Au over 51.9 meters¹ from 53.6 meters to 105.5 meters in BT17-205D

¹ True width estimates are not yet known but are estimated to be approximately half of the drilled width.

“All eight holes released today intersected significant gold mineralization”, said Hugh Agro, President & CEO. “Revival Gold will now initiate work on an updated resource estimate for Beartrack”.

Details

Seven of the eight drill holes released today (BT17-200D through BT17-206D) targeted near-surface oxide and mixed oxide-sulphide mineralization in the Ward’s Gulch and South Pit areas. These holes were targeted specifically to confirm historic drilling completed by Meridian Beartrack Co. (“Meridian Beartrack”) in preparation for an updated NI-43-101 Mineral Resource estimate at Beartrack this year.

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

Hole Number	Area	Azimuth (deg.)	Dip (deg.)	From (m)	To (m)	Drilled Width1 (m)	Fire Assay Gold Grade (g/t)
BT17-200D	Ward’s Gulch	304	-51	18.3	57.9	39.6	1.50
				99.1	128.3	29.22	1.73
				137.4	143.0	5.6	1.06
BT17-201D	Ward’s Gulch	302	-60	56.3	60.7	4.4	3.01
				98.6	166.1	67.5	3.51
Incl.				113.7	117.0	3.3	23.13
BT17-202D	South Pit	303	-68	101.8	148.4	46.63	1.29
BT17-203D	South Pit	300	-64	91.6	146.3	54.74	1.99
Incl.				132.6	144.6	12.04	4.15
BT17-204D	South Pit	303	-49	67.4	96.8	29.4	2.84
BT17-205D	South Pit	303	-69	53.6	105.5	51.95	2.76
BT17-206D	South Pit	303	-73	152.9	162.0	9.1	1.11
				174.3	186.5	12.2	1.66
Incl.				184.4	185.3	0.9	10.98

1. True width estimates are not yet known but are estimated to be approximately half of the drilled width.
2. Recoveries for the intervals 104.3 m to 105.3 m and 107.0 m to 107.6 m were 45% and 44% respectively
3. Recoveries for the intervals 124.5 m to 125.6 m, 126.0 m to 126.5 m and 131.1 m to 131.7 m were 25%, 19% and 17% respectively.
4. Recovery for the intervals 135.9 m to 136.6 m and 136.9 m to 137.5 m was 0%.  These intervals were included at 0 g/t Au.  Recovery for the intervals 139.0 m to 139.6 m and 143.1 m and 143.7 m was 40%.
5. Recovery for the interval 57.0 m to 62.5 m was 35.6%.  Four intervals ranging in width from 0.1 m to 0.9 m were included at 0 g/t Au.

Revival Gold’s near-surface drill results at both Ward’s Gulch and the South Pit compare favorably with historic drilling completed by Meridian Beartrack in the 1990’s.  A more detailed comparison of 2017 drill results to historic results along with the preparation of an updated geological and resource model encompassing historic data as well as 13,737 meters of drilling completed in 2012, 2013 and 2017 is underway.

In addition to near surface drill holes, Revival Gold completed two deep drill holes in 2017 (BT17-194DB and BT17-199D) targeting high grade mineralization previously intercepted at depth by BT12-175D at Ward’s Gulch.  Neither of the deep holes drilled in 2017 replicated the high grades previously intersected by BT12-175D.

Results from BT17-194DB were announced by Revival Gold on December 11, 2017.  Results from deep drill hole BT17-199D are presented below:

Hole Number	Area	Azimuth (deg.)	Inclination (deg.)	From (m)	To (m)	Drilled Width1 (m)	Fire Assay Gold Grade (g/t)
BT17-199D	Ward’s Gulch	302	-59	514.5	530.1	15.6	1.35
				536.6	539.2	2.62	2.19
				561.1	567.8	6.7	1.42

1. True width estimates are not yet known but are estimated to be approximately half of the drilled width.
2. Recovery for the interval 536.6 m to 536.9 m was 30%.

Gold mineralization at Beartrack occurs along five kilometers of the Panther Creek Fault and high grades have been encountered in a number of deep holes along strike.  A reinterpretation of the geology integrating post-2012 drilling suggests that potential exists for additional high-grade along strike.  With that in mind, in addition to surface drilling, further deep drilling will be planned to continue testing for high-grade mineralization in the Ward’s Gulch area and in four other known mineralized areas at depth along the Panther Creek Fault.

2018 Exploration Program

Revival Gold’s technical team is currently finalizing details for the Company’s 2018 exploration program at Beartrack. The program is fully permitted and will include approximately 8,000 meters of core drilling.  At the same time, the Company is planning drill hole locations for 2019 so that a Plan of Operations can be submitted to the United States Forest Service (“USFS”) in the spring of 2018 for permit approval in time for the 2019 drilling season.

At Revival Gold’s neighbouring Arnett Creek Gold Project, a Plan of Operations has been submitted to the USFS. The Plan of Operations, when approved, will allow for the construction of up to 53 drill sites at Arnett Creek with approximately 2,000 meters of core drilling planned for late summer 2018.

The map below describes the location of holes drilled at Beartrack in 2017 and location of holes currently planned for drilling at Beartrack in 2018.

QA/QC Statement

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 a second laboratory once pulps have been returned to Revival from the primary laboratory.  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 oxide and mixed oxide-sulfide 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 deep drill holes using the ME-MS 61 method.

Steven T. Priesmeyer, B.Sc., M.Sc., 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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON. – January 17, 2018 – Revival Gold Inc. (TSXV: RVG) (“Revival” or, the “Company”), a growth-focused gold exploration and development company, announces that the Company will be participating in the following investor conferences this month:

• Vancouver Resource Investment Conference to be held in Vancouver, BC. Exhibiting in Booth #1025, January 21-22, 2018 at the Vancouver Convention Centre West.
• AME Roundup 2018 to be held in Vancouver, BC. January 22-25, 2018 at the Vancouver Convention Centre West.

If you are interested in scheduling a meeting at any of the above conferences, please contact Andrea Totino, Investor Relations Manager at info@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 Beartrack Gold Project located in Lemhi County, Idaho. Revival also owns rights to a 100% interest in the neighbouring Arnett Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Toronto, ON – December 12, 2017 – Revival Gold Inc. (TSXV: RVG) (“Revival” or the “Company”), a growth focused gold exploration and development company, announces results from the first four holes of the twelve-hole 2017 portion of the Company’s planned 11,000-meter core drilling program at the Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho.

Highlights

• 1.94 g/t Au over 65.1 meters¹ from 74.2 meters to 139.3 meters in BT17-195D
• 1.73 g/t Au over 60.4 meters¹ from 78.3 meters to 138.7 meters in BT17-196D
• 1.39 g/t Au over 37.1 meters¹ from 144.5 meters to 181.7 meters in BT17-198D

¹ True width varies but is estimated to be approximately half of the drilled width.

“Results from the first four of twelve holes drilled by Revival in 2017 substantiate our enthusiasm for the past producing Beartrack Gold Project”, said Hugh Agro, President & CEO. “We have only just begun to test the opportunity at Beartrack where mineralization has been identified along strike for five kilometers and is open to the southwest and at depth”.

Details

The 2017 portion of Revival’s Beartrack core drilling program was conducted from late September until mid-November and consisted of 3,024 meters of core drilling in twelve holes. Drilling was contracted to Idaho-based Timberline Drilling Inc. under the supervision of Revival’s exploration team.

Three of the four holes released today (BT17-195D, BT17-196D and BT17-198D) targeted near-surface oxide and mixed oxide-sulphide mineralization in the Ward’s Gulch area. These holes were drilled to confirm historic drilling completed by Meridian Beartrack Co. (“Meridian Beartrack”) and to lay the groundwork for the preparation of an updated mineral resource at Beartrack in 2018.

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

¹ True width varies but is estimated to be approximately half of the drilled width.
² Recovery for the interval 88.7 m to 93.6 m was 37.5%.
³ For the interval calculation, the value for the 76.3 g/t Au sample was cut to 7.3 g/t Au, the next highest value in the interval.
⁴ Recovery for the interval 80.6 m to 80.9 m was 0%.

A comparison of today’s announced near-surface drill results with historic drilling completed by Meridan Beartrack indicates that these holes broadly support historic results.  A more detailed comparison of 2017 drill results to historic results will be completed once all assays from the 2017 portion of the Beartrack core drilling program have been received.

In total, ten near-surface holes totaling 1,778 meters were completed in 2017 at Ward’s Gulch and the South Pit area.  Results are pending for two additional near-surface holes in the Ward’s Gulch area and five near-surface holes in the South Pit area.

The remaining drill hole of the four released today (BT17-194BD) was completed to a depth of 553.2 meters and targeted deep high-grade mineralization at Ward’s Gulch identified by Meridian Beartrack during their 2012 drill program (71.0 g/t Au over 9.75 meters drilled width in BT12-175D with estimated true width of 4.88 meters).
Summary assay results are presented below:

¹ True width varies but is estimated to be approximately half of the drilled width.

Hole BT17-194BD intersected the targeted structure approximately 22 meters from BT12-175D and cut three intervals exceeding 4.0 g/t Au in grade but did not replicate the high grades encountered in hole BT12-175D.

It should be noted that, although core recovery was good throughout BT17-194BD, no core was recovered from 516.6 meters to 521.7 meters (5.1 meters).  This interval is within the Panther Creek Fault, which was the target zone for the Company’s drilling, along its western contact with the Yellowjacket Formation.

A second deep hole (BT17-199D) completed this year also targeted a short distance from the high-grade mineralization cut in BT12-175D. Based on preliminary results, BT-199D did not replicate the high grades previously observed.  Assay results from BT17-199D will be available pending resolution of a Quality Assurance/Quality Control issue at the laboratory.

Given the extent of mineralization within the Panther Creek Fault along five kilometers of strike on the Beartrack property, and that high grades have been encountered in several holes, follow-up drilling is planned to further test the high-grade mineralization encountered in the Ward’s Gulch area where hole BT12-175D is located.  In addition, four other mineralized areas remain to be tested at depth as historic deep drilling was wide-spaced or, in the case of the North Pit and Allen Creek, is non-existent.

All remaining results from the 2017 portion of the Beartrack core drilling program will be released in January 2018.

During the first quarter of 2018 Revival will initiate work on an updated geological model for Beartrack encompassing historic data as well as 13,737 meters of drilling completed in 2012, 2013 and 2017. The company will also assess and refine plans for the 2018 portion of drilling at Beartrack and begin permitting preparations for drilling at Beartrack in 2019. Future drilling at Beartrack is being planned for Ward’s Gulch, South Pit and Joss as well as at the Allen Creek target located at the north end of the property.

QA/QC Statement

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 a second laboratory once pulps have been returned to Revival from the primary laboratory.  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 oxide and mixed oxide-sulfide 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 deep drill holes using the ME-MS 61 method.

Steven T. Priesmeyer, B.Sc., M.Sc., 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 Creek Gold Project.

In addition to its interests in Beartrack and Arnett Creek, 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.

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”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. 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. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.