Revival Gold 2018 Year in Review

Toronto, ON – December 27th, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, provides a summary of the Company’s key 2018 accomplishments.

Highlights

  • Established a significant maiden gold resource – total indicated mineral resources of 33.4 million tonnes at 1.13 g/t Au containing 1,214,000 ounces gold and total inferred mineral resources of 16.9 million tonnes at 1.41 g/t Au containing 765,000 ounces gold (the “Mineral Resource”). See “Mineral Resource Estimate, Beartrack Property, Lemhi County, Idaho, United States”, dated July 12th, 2018, for further details.
  • Completed 8,500 meters of drilling – 7,600-meter core drill program at Beartrack extended the mineralized trend to 950 meters south of the existing Mineral Resource. Initial 900-metre core drill program at the neighbouring Arnett gold project confirmed presence of near-surface gold in oxides.
  • Received positive initial metallurgical test results – initial six Beartrack sulphide composite samples returned favourable gold recoveries into rougher flotation concentrate and from cyanidation of flotation tails.
  • Expanded land position – increasing the Company’s total land package at Beartrack-Arnett to approximately 5,100 hectares.
  • Strengthened team – appointed Diane Garrett as Non-Executive Board Chairman and engaged Rodney Cooper as Technical Advisor and to assist evaluating corporate development opportunities.

“In 2018 we announced a significant maiden gold resource at Beartrack”, said Hugh Agro, President and CEO.  “We followed up by extending the mineralized trend at Beartrack and confirming the presence of near-surface oxides at Arnett providing clear scope for continued organic growth in 2019. Additionally, Revival Gold has taken steps to strengthen it’s team in preparation for a landscape in which demand for quality new gold production opportunities is heating up and supply remains scarce”.

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.

Revival Gold Intersects Near Surface Oxide Gold at Arnett and Extends Beartrack Mineralized Trend by 250 meters

Toronto, ON – December 4th, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces the release of favourable drill results at the Company’s Arnett gold project (“Arnett”) and adjacent Beartrack gold project (“Beartrack”), located in Lemhi County, Idaho.

Highlights

  • The initial four drill holes (AC18-12D to AC18-15D) of the 2018 six-hole program at Arnett have confirmed the presence of oxide gold mineralization in the Haidee area from near surface to a drilled depth of 125 meters:
    • AC18-12D intersected 1.44 g/t Au over 4.6 meters1, 1.60 g/t Au over 3.1 meters1 and 9.19 g/t Au over 4.1 meters1;
    • AC18-13D intersected 1.31 g/t Au over 7.6 meters1 and 1.76 g/t Au over 9.3 meters1;
    • AC18-14D intersected 4.92 g/t Au over 3.4 meters11.75 g/t Au over 2.6 meters1 and 5.33 g/t Au over 5.1 meters1; and,
    • AC18-15D intersected 2.25 g/t Au over 3.1 meters1.
  • Drilling at Beartrack (BT18-219D and BT18-220D) has extended the mineralized trend along strike a further 250 meters south of Joss and 950 meters south of the existing mineral resource at Beartrack (“Mineral Resource”):
    • BT18-219D intersected 2.15 g/t Au over 52.5 meters2 from 490 to 542 meters in the South Pit area; and,
    • BT18-220D intersected 1.79 g/t Au over 38.8 meters2 from 457 to 496 meters south of the Joss area.1 Drilled width; true width estimated to be approximately equal to drilled width.
      2 Drilled width; true width estimates are presented in the table below where available

“Revival Gold’s initial drill results in the Haidee area at Arnett confirm the presence of another potential source of oxide material seven kilometers from the legacy leach plant infrastructure at Beartrack”, said Hugh Agro, President & CEO. “At Beartrack itself we have extended the mineralized trend a further 250 meters south of Joss for a total of 950 meters south along strike from the South Pit area where the current Mineral Resource ends”.

Arnett Drill Results

Revival Gold completed an initial six hole 900-meter core drilling program in the Haidee area at Arnett in November. The program successfully confirmed the presence and nature of gold mineralization encountered by previous operators including Meridian Gold (“Meridian”) in the 1990’s. A seventh planned hole was not drilled due to inclement weather.

Results from the first four holes of the six-hole program at Arnett are presented below:

Hole NumberAreaAzimuth
(deg.)
Dip
(deg.)
From
(m)
To
(m)
Drilled
Width1
(m)
Fire Assay
Gold Grade
(g/t)
AC18-12DHaidee63-5635.139.64.61.44
69.272.23.11.60
84.488.54.19.19
Incl.87.288.51.419.8
96.399.43.10.82
AC18-13D2Haidee68-5722.029.67.61.31
41.850.68.80.76
56.465.79.31.76
Incl.56.457.91.55.32
78.382.94.60.70
AC18-14DHaidee65-5725.028.43.44.92
41.645.43.80.68
53.960.56.60.66
73.175.72.61.75
Incl.75.375.70.46.34
78.883.95.15.33
Incl.79.781.31.915.9
118.0118.30.39.51
137.2140.12.90.79
143.9154.210.40.51
AC18-15DHaidee63-5883.286.33.12.25

1 True width is estimated to be approximately equivalent to drilled width. Numbers may not add up due to rounding.
2 Recovery for the interval 47.6 m to 49.1 meters was 44%.

Gold mineralization in the Haidee area is oxidized and occurs from near surface to a currently drilled depth of 125 meters.  Mineralization remains open along strike to the south and at depth. Additional drilling is planned in 2019 to further explore the strike and depth potential at Haidee and to begin exploration across the Arnett property.

Mineralization at Haidee often occurs as visible native gold within oxidized pyrite which can result in highly variable assay values. This nugget effect is present, even when larger samples sizes (two assay-tonne) are used. For this reason, Revival Gold intends to follow-up its conventional two assay-tonne fire assays at Haidee with metallic screen assays of larger-than-normal pulps.

Figure 1 presents two cross section views depicting both Revival Gold’s and Meridian’s available core drill results at Haidee for the selected sections. Results are pending for the final two core holes from the 2018 Arnett drill program.

Beartrack Drill Results

Most of the drill holes released to date from Beartrack in 2018 (BT18-207D through BT18-217D) were targeted to expand the current open pit-constrained Mineral Resource. Drill hole BT18-218D was drilled in the previously untested area between the South Pit and Joss target. Results released today continue to demonstrate potential for resource expansion (BT18-219D) and, in the case of BT18-220D, push Revival Gold’s drilling further into the previously unexplored area south of Joss.

BT18-219D successfully extended gold mineralization at depth in the South Pit area. BT18-220D was drilled approximately 250 meters beyond the nearest drill hole at Joss and demonstrates the potential to expand the known mineralized area at Joss significantly along strike. Revival Gold’s drilling has now extended the mineralized trend along the Panther Creek Fault to approximately 950 meters south of the existing Mineral Resource at the South Pit.

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.

The 2018 drilling program ended in mid-November with a total of fifteen core holes completed at Beartrack for approximately 7,600 meters. Results are pending for the final two core holes from the 2018 Beartrack drilling campaign.

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

Hole
Number
AreaAzimuth
(deg.)
Dip
(deg.)
From
(m)
To
(m)
Drilled
Width
(m)
Est. True
Width1

(m)
Fire Assay
Gold Grade
(g/t)
BT18-219D2South Pit300-49490.0542.552.5332.15
Incl.535.2536.41.2115.9
546.5549.63.122.68
556.3575.619.3121.52
Incl.574.3575.51.219.17
BT18-220DSouth of Joss297-49457.5496.338.8n/a1.79
Incl.471.2474.33.0n/a8.84

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. Numbers may not add up due to rounding.
2 Recovery for the intervals 507.5 meters to 509.0 meters was 0%. This interval was included at zero grade.

Figure 2 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 kilometers) with the current Mineral Resource block model and the location of all thirteen holes completed and released to-date this year.

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 for Beartrack 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. Sample preparation for Beartrack uses the Prep 31 method, which involves the preparation of a 250-gram pulp.

Gold assays for Arnett are determined by fire assay and AAS on a 50-gram nominal sample weight (Au-AA24). For some of the Arnett holes, 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.  Sample preparation for Arnett uses the Prep 31B method, which involves the preparation of a 1,000-gram pulp.

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 $2.3 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 – Arnett Project Haidee Area Cross Section Views (December 4th, 2018)

Figure 2 – Beartrack Project Block Model Long Section North-West View (with 2018 drill results to-date, December 4th, 2018)

Revival Gold Announces AGM Results and Option Grant

Toronto, ON – November 14th, 2018 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, anno>unces voting results for the election of directors at its Annual General Meeting (“AGM”) of Shareholders held on November 14th, 2018, in Toronto.

A total of 21,602,179 common shares representing 51.6% of the Company’s issued and outstanding shares were voted in connection with the AGM.  Shareholders approved all items of business before the AGM including the election of Directors as follows:

Director NomineesVotes For% of Votes Cast
Diane Garrett19,407,96899.8%
Hugh Agro17,695,55191.0%
Donald Birak19,411,83499.8%
Wayne Hubert19,431,83499.9%
Michael Mansfield19,411,83499.8%
Carmelo Marrelli17,431,83489.6%

Following the AGM, Revival Gold re-appointed Diane Garrett as Chairman of the Board, Michael Mansfield and Audit Committee Chair, Carmelo Marrelli as Compensation Committee Chair and Donald Birak as Technical, Safety, Environment and Social Responsibility Committee Chair.

Subject to regulatory approval, Revival Gold has granted 1,350,000 incentive stock options to directors, officers and consultants of the Company.  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 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.

Revival Gold intersects 1.88 g/t Au over 115 meters and 1.74 g/t Au over 49 meters at Beartrack

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 NumberAreaAzimuth
(deg.)
Dip
(deg.)
From
(m)
To
(m)
Drilled Width
(m)
Est. True Width1
(m)
Fire Assay Gold Grade
(g/t)
BT18-213D2Joss305-60257.3261.54.2n/a1.87
    349.6352.73.1n/a1.24
    451.1500.549.4n/a1.74
    504.7511.16.4n/a4.23
    531.3548.917.6n/a2.03
BT18-215DWard’s Gulch302-51129.5134.14.632.17
    241.1246.45.330.96
    264.9298.433.5210.72
BT18-216DJossAbandoned at approximately 95 meters.
BT18-217D3South Pit300-57279.1285.05.931.04
    358.1473.1115.0581.88
    483.7489.55.832.06
BT18-218DSouth Pit-Joss300-57273.3280.77.442.85
    293.8297.63.821.14

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)

Revival Gold to attend Investor Conferences

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

Revival Gold Announces Initial Beartrack Metallurgical Test Results

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

Following in the Footsteps of Idaho’s First Governor

Toronto, ON – October 2nd, 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 1st, 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 19th, 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 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.

Revival Gold Announces Additional Drill Results at Beartrack; Receives Permits to Commence Drilling at Arnett

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 meters1.74 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 meters2.16 g/t Au over 15.2 meters1.16 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 NumberAreaAzimuth
(deg.)
Dip
(deg.)
From
(m)
To
(m)
Drilled Width
(m)
Est. True Width1
(m)
Fire Assay Gold Grade
(g/t)
BT18-210DNorth Pit301.5-52.8161.8168.76.941.93
284.4289.04.632.88
BT18-212D2North Pit304.3-46.099.0123.424.4160.92
BT18-211D3Joss302.6-52.9102.7106.74.0n/a3.57
188.5202.413.9n/a2.66
217.9222.14.2n/a5.37
228.0243.215.2n/a2.16
250.9258.57.6n/a1.45
272.2293.521.3n/a1.16
314.9342.027.1n/a1.67
BT18-214D4Ward’s Gulch305.0-57.1219.5242.823.3121.24
258.2280.722.5121.74
295.7316.120.4100.73
326.7346.619.9101.80
  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)

Revival Gold Intersects 1.38 g/t Au over 105 meters and 1.89 g/t Au over 70 meters at Beartrack

Toronto, ON – September 5th, 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 metersfrom 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 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 2018)


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

Revival Gold DTC Eligibility and Investor Conferences

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