Toronto, ON – December 30th, 2019 – 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 2019 accomplishments.

Highlights

• Completed $5 million equity financing – April financing funds exploration and metallurgical test programs through completion of an updated resource in 2020;
• Received Permit for drilling on the Arnett Gold Project (“Arnett”) – June approval for a Plan of Operations encompassing 53 additional drill pad locations across Arnett;
• Completed 5,060 meters of core drilling at Arnett and at the neighbouring Beartrack Gold Project (“Beartrack”) – Summer drill program of twenty-five core holes was completed in October ahead of schedule, under budget and with zero safety incidents.  The 2019 program expanded the area of known oxide mineralization in the Haidee area at Arnett and the scale of higher-grade mineralization in the Joss area at Beartrack;
• Flew 404 line-kilometers of airborne geophysics and completed extensive mapping and soil sampling program over 12 square kilometers at Arnett – Field work completed this summer supports Revival Gold’s deposit model of an intrusion-related gold system hosted by a wide-spaced stockwork at Arnett. Subsequent reprocessing of geophysics highlights the structural potential at depth and south along the Panther Creek Shear Zone at Beartrack;
• Expanded land position – Staked and otherwise acquired ground in the Fall to increase the Company’s land package at Beartrack-Arnett to approximately 5,440 hectares;
• Initiated an updated resource estimate for Beartrack-Arnett – Updated resource estimate underway under the direction of Roscoe Postle Associates (“RPA”). Results are expected in Q1 2020;
• Received favourable results from second phase of metallurgical test work – Test results from Beartrack sulphide composites announced this month returned overall gold recoveries of 94-95%.  RPA has recommended using 94% gold recovery for the upcoming Beartrack resource update – a significant improvement over the Company’s prior assumption of 84%; and,
• Announced key board appointments – Wayne M. Hubert was appointed Non-Executive Board Chairman and Robert J. Chausse was appointed Director and Audit Committee Chairman.

“In 2019 we continued to advance Beartrack-Arnett and strengthen the foundation for Revival Gold’s future growth” said Hugh Agro, President and CEO.  “Encouraging drill and metallurgical test results in 2019 will underpin the company’s much anticipated resource update expected early next year.  Mineralization at both Beartrack and Arnett remains open along strike and at depth. We are permitted to drill in a number of exciting target areas and our shareholders can look forward to an exciting 2020”.

The Company would like to clarify details of stock options issued to Mr. Rob Chausse announced on December 19, 2019.  The grant date of the 125,000 stock options issued to Mr. Chausse is December 31, 2019, the effective date of his appointment to the Board of Directors of the Company.

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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $0.7 million as at December 31st, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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 – December 19th, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, announces the appointment of Wayne M. Hubert as Non-Executive Chairman of the Company’s Board of Directors following the resignation of Diane R. Garrett effective December 31st, 2019. Ms. Garrett has resigned from Revival Gold’s Board but will continue her involvement as an Advisor.

Wayne M. Hubert, a Director of Revival Gold since December 2017, has over twenty years of senior management experience in the mining sector. He served as President & CEO of Andean Resources Ltd. from 2006 until 2010 when Andean was acquired by Goldcorp Inc. for $3.5 billion. Prior to Andean Resources Ltd., Mr. Hubert was a Senior Executive with Meridian Gold Inc., previous owner of Revival Gold’s Beartrack Gold Project (“Beartrack”), and he served as a Finance Director at the Beartrack Mine itself.  Mr. Hubert is a Director of Austral Gold Ltd. and InZinc Mining Ltd.  He earned a Bachelor of Science degree in Chemical Engineering from the University of Cape Town (1985) and an MBA from Brigham Young University (1990).

“Wayne has been an integral member of Revival Gold’s Board of Directors since 2017 and we are thrilled to see him step up his involvement to become Non-Executive Chairman. Wayne’s history and experience with Beartrack and exceptional track record of industry success will continue to serve Revival Gold well as the Company prepares for its next phase of development”, said Hugh Agro, President & CEO.  “We wish to thank Diane for her leadership over the past two years”, Mr. Agro continued.  “Diane has been instrumental in helping to establish a solid foundation from which Revival Gold can continue to grow”.

Revival Gold also announces the appointment of Robert J. Chausse as an independent member of the Company’s Board and Chairman of Revival Gold’s Audit Committee effective December 31st, 2019. Mr. Chausse is a proven leader with more than twenty-five years of international finance experience in mining and serves as CFO of New Gold Inc. Previously, Mr. Chausse served as CFO of Richmont Mines Inc. until the sale of the company to Alamos Gold Inc. in November 2017, CFO at Stornoway Diamonds (2016) and EVP & CFO of AuRico Gold (2013-15). His experience also includes VP of Finance, Operations and Projects for Kinross Gold (2009-13). He also served as CFO for Baffinland Iron Mines Corporation (2006-09) and held increasingly senior positions with Barrick Gold (1998 to 2006). Mr. Chausse is a Chartered Accountant and holds a Bachelor of Commerce degree from Ryerson University (1990).

“On behalf of Revival Gold’s entire Board and Management, I am delighted to extend a warm welcome to Rob” said Mr. Agro. “Rob’s leadership experience in the gold industry and solid background in accounting and finance dovetail well with Revival Gold’s requirements and will strengthen the Board’s overall capability.

Subject to regulatory approval, Revival Gold has granted 1,200,000 incentive stock options to directors, officers and consultants of the Company as part of its annual compensation plan.  Pursuant to the Company’s Stock Option Plan, the options are exercisable at a price of $0.72 per share for a period of five years and are subject to vesting provisions.

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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $1.6 million as at September 30th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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 – December 5th, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, announces favourable results from the Company’s 2019 metallurgical test program on the Beartrack Gold Project (“Beartrack”) and adjacent Arnett Gold Project (“Arnett”), both located in Lemhi County, Idaho.

Revival Gold’s 2019 metallurgical test program was designed and overseen by Roscoe Postle Associates Inc. (“RPA”). Test work was performed by SGS Mineral Services (“SGS”) in Vancouver, Canada. Work on sulphide material from Beartrack included the following:

• Statistical analysis of lithology, grade and oxidation level variability to guide sample selection;
• Preparation of three sub-composite samples and one master composite sample using one quarter drill core;
• X-ray diffraction analysis on the three sub-composite samples;
• Rougher kinetic flotation tests and cleaner flotation testing; and,
• Pressure oxidation testing.

Additionally, five bottle roll tests were completed on coarse rejects selected from within the area of Revival Gold’s drilling on the Haidee target at Arnett.

Results demonstrate that Beartrack sulphide material responds favourably to a combined process flowsheet of rougher flotation, cyanide leaching of the rougher flotation tailings, pressure oxidation of the rougher flotation concentrate and cyanide leaching of the resulting residue to produce doré gold. The overall gold recovery in test work was 94-95% and appears to be independent of primary grind sizes ranging from P80 107 µm to P80 147 µm. Mass pull was 12-13%. RPA has recommended that Revival Gold use a gold recovery of 94% in the Company’s pending updated resource estimate for Beartrack.

Results from Arnett indicate that the material tested is highly amenable to gold recovery by cyanide leaching. Tests were leached for 48 hours and resulted in gold extractions of 85-95%. Based on the data available, including historical data for tests completed at larger particle sizes, RPA has recommended that Revival Gold assume a heap leach flowsheet for Arnett and use a gold recovery of 75% in the Company’s planned resource estimate for the project.

“The recommendation to use 94% gold recovery for Revival Gold’s upcoming Beartrack resource update represents a significant improvement over the company’s prior assumption of 84% “, said Hugh Agro, President & CEO. “We are also pleased to have confirmation that the Arnett material tested responds very well to recovery by cyanide leaching and that the recommended gold recovery for resource estimation purposes at Arnett is a respectable 75%.”

Following completion and assessment of the updated resource for Beartrack-Arnett, RPA recommends additional metallurgical test work to further optimize the proposed sulphide flowsheet and design. RPA further recommends additional bottle roll tests and column leach tests at various crush sizes for Arnett.

Revival Gold cautions that metallurgical test work completed to-date is preliminary in nature and may have been completed using samples that are not fully representative of the material that may be mined in future. Results may change as Beartrack-Arnett is advanced and additional test work is completed.

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

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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $1.6 million as at September 30th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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 – November 21^st, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, announces recent soil sampling results and the expansion of the Company’s land position at the Beartrack-Arnett Gold Project located in Lemhi County, Idaho.

“Systematic exploration by Revival Gold’s technical team continues to advance our understanding of the geology at Beartrack-Arnett and identify new gold targets for future drilling”, said Hugh Agro, President & CEO.

Revival Gold’s 2019 soil sample program consisted of 971 samples collected on a 150-meter by 100-meter grid over 12 square kilometers. Samples were collected and processed using a partial leach to enable identification of potential anomalies under post-mineral cover.

A preliminary review of the soil sampling data identified several areas of interest (see Figure 1, Arnett Gold Project Preliminary Soil Sampling Results, below).  In addition to highlighting expansion potential north and east of the Haidee target and in the Roman’s Trench area, there are subtle gold-in-soil anomalies in the covered area southeast of the Haidee target in an area known as the Midlands.  These anomalies trend to the northwest and are either along strike from the Haidee mineralization or parallel to it.

Other gold-in-soil anomalies are associated with several faults identified by Revival Gold’s 2019 geophysical program and confirmed by geologic mapping.  There are also several isolated anomalies in the northwest and west part of the project.  Further analysis and follow-up field work is planned.

Revival Gold has also expanded the Company’s Beartrack-Arnett land position. An additional 350 hectares were staked bringing the total land position to 5,440 hectares. Claims were staked along the southwestern extension of the Panther Creek Shear Zone and surrounding the Moose target to the north in preparation for potential future drilling (see Figure 2, Beartrack-Arnett Gold Project Land Position, below).

Beartrack-Arnett is the company’s principal exploration-development asset and hosts an Indicated Mineral Resource of 33.4 million tonnes at 1.13 g/t gold (containing 1.2 million ounces of gold) and a further 16.9 million tonnes at 1.41 g/t gold (containing 0.8 million ounces of gold) in the Inferred Mineral Resource category (see “Mineral Estimate Beartrack Property”, dated July 12, 2018 prepared by Resource Modeling Inc.). Through the course of 2018 and 2019, Revival Gold completed 15,000 meters of core drilling that will form the basis for an updated mineral resource estimated to be completed by Roscoe Postal Associates Inc., expected in Q1-2020.

Steven T. Priesmeyer, C.P.G., Vice-President Exploration, Revival Gold Inc., is the Company’s designated Qualified Person 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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $1.6 million as at September 30^th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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 Gold Project Preliminary Soil Sampling Results (2019)

Figure 2 – Beartrack-Arnett Gold Project Land Position (November 2019)

Toronto, ON – November 19th, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces voting results for the election of directors at its Annual General Meeting (“AGM”) of Shareholders held on November 19th, 2019, in Toronto.

A total of 27,876,284 common shares representing 52.8% 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 Nominees	Votes For	% of Votes Cast
Diane Garrett	25,711,509	99.9%
Hugh Agro	25,717,709	99.9%
Donald Birak	25,691,609	99.9%
Wayne Hubert	25,691,609	99.9%
Michael Mansfield	25,696,609	99.9%
Carmelo Marrelli	23,177,359	90.1%

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

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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $1.6 million as at September 30th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to,

failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Toronto, ON – October 29^th, 2019 – 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 following upcoming conferences:

• New Orleans Investment Conference to be held in New Orleans, Louisiana, November 1^st – 4^th, 2019 at the Hilton New Orleans Riverside. Presenting over lunch, Sunday, November 3^rd, 2019, 12:30 pm – 1:30 pm in Churchill C1, Second Floor; and,
• 121 Mining Investment Conference London to be held in London, U.K. on November 20^th – 21^st, 2019 at etc.venues County Hall, Riverside Building, Belvedere Road. Presenting Thursday, November 21^st, 2019, 12:40 pm – 12:50 pm.

Interested parties that wish to schedule a meeting, or who would like more information regarding the conferences noted above, please contact, Melisa Armand, (416) 366-4100 or email info@revival-gold.com. Corporate presentation and 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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $1.6 million as at September 30^th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, 

failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Toronto, ON – October 22^nd, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces the conclusion of its summer 2019 drilling program at the Arnett (“Arnett”) and adjacent Beartrack (“Beartrack”) gold projects located in Lemhi County, Idaho, and results from the program’s final six drill holes.

Results include four core holes drilled in the Haidee target area and two core holes drilled in the Haidee West target area at Arnett. All four holes drilled at Haidee intersected near-surface oxide mineralization. One hole at Haidee West intersected near-surface sulfide mineralization.

Highlights

• 13.6 meters¹ of 0.86 g/t Au in AC19-36D at Haidee
• 10.7 meters¹ of 0.56 g/t Au in AC19-38D at Haidee
• 38.3 meters¹ of 0.43 g/t Au in AC19-39D at Haidee
• 11.3 meters¹ of 0.68 g/t Au in AC19-31D at Haidee West

¹ Drilled width; true width estimated to be approximately equivalent to drilled width.

Revival Gold’s summer 2019 drill program consisted of 25 core holes for 5,060 meters and was completed ahead of schedule and under budget. The program was executed with zero safety incidents and in full compliance with applicable environmental and permit requirements.

Revival Gold is now focused on completing a second phase metallurgical test work program and on an updated resource estimate for the combined Beartrack-Arnett project. Both initiatives are being overseen by the Company’s principal technical consultant, Roscoe Postal Associates Inc. (“RPA”). The initiatives are expected to be completed before year-end (metallurgical test-work) and in Q1 2020 (updated resource).

The updated resource estimate will include approximately 15,000 meters of new core drilling completed at Beartrack-Arnett in 2018 and 2019 that was not included in the Company’s May 2018 maiden Beartrack mineral resource.

“Revival Gold delivered impressive results this year intersecting gold in 23 of 25 holes drilled. Drill data and metallurgical test results are being analysed and will form the basis of an updated resource estimate expected in Q1 2020”, said Hugh Agro, President & CEO.

Drill Results

Drill holes AC19-36D to AC19-39D released today are from the Haidee target area at Arnett and intersected oxide gold mineralization in altered and/or faulted granite. The remaining two holes released today, AC19-31D and AC19-35D, were drilled in the Haidee West target area. One hole encountered mineralization hosted by altered granite while the second encountered no significant mineralization.

The gold at Haidee West generally occurs in association with unoxidized pyrite. Further interpretation of controls on mineralization and faulting at Haidee and Haidee West is underway.

Gold mineralization at Haidee remains open along strike to the north and south and to the south-west.

Summary assay results from drill 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)
AC19-31D	Haidee West	240	-45	53.6	64.9	11.3	0.68
Incl.				59.7	64.9	5.2	1.39
AC19-35D	Haidee West	233	-65	No significant results
AC19-36D	Haidee	60	-54	84.4	98.0	13.6	0.86
Incl.				93.6	98.0	4.4	1.70
AC19-37D2	Haidee	64	-76	45.0	52.0	7.1	2.80
Incl.				48.1	52.0	4.0	4.43
				59.4	79.7	20.3	0.30
AC19-38D	Haidee	67	-75	16.7	27.4	10.7	0.56
				43.2	45.9	2.7	2.34
				76.6	85.7	9.1	0.28
				98.0	103.5	5.5	1.17
AC19-39D	Haidee	67	-52	64.9	103.2	38.3	0.43
Incl.				96.0	103.2	7.2	0.95

¹ True width estimated to be approximately equivalent to drilled width. Numbers may not add up due to rounding.
² Core recoveries for the intervals 49.6m to 50.5m and 78.6m to 79.7m was 41% and 31% respectively.

Figure 1, Arnett Haidee Drill Results, is a plan map showing the location of 39 core holes completed in the Haidee area at Arnett to-date. These include core holes drilled by Meridian Gold Inc. in 1997 (ACDD-series holes) and by Revival Gold in 2018 (AC18-series holes) and in 2019 (AC19-series holes).

Figure 2, Arnett Exploration Compilation Map, details the current array of data and exploration targets that have been identified to-date at Arnett.

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.

Sample preparation for Beartrack consists of crushing the sample to 70% less than 2mm and pulverizing 250 grams to better than 85% passing 75 microns (PREP-31) while sample preparation for Arnett consists of crushing the sample to 70% less than 2mm and pulverizing 1,000 grams to better than 85% passing 75 microns (PREP-31B). Gold assays are determined by Fire Assay and AAS on a 30-gram nominal sample weight (Au-AA24). 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 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 Gold 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 currently has approximately 52.8 million shares outstanding and had a working capital balance of approximately $1.6 million as at September 30^th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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 Haidee Area Drill Results (October 22^nd, 2019)

Figure 2 – Arnett Exploration Compilation Map (October 22^nd, 2019)

Toronto, ON – September 26^th, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces the release of a further nine holes from its summer 2019 core drilling program at the former producing Beartrack Gold Project (“Beartrack”) and the adjacent Arnett Gold Project (“Arnett”) located in Lemhi County, Idaho.

Results released below include six core holes drilled in the Haidee target and three core holes drilled in the Haidee West target at Arnett. All six holes drilled in the Haidee target intersected near-surface oxide mineralization, primarily along the northern flank of the Haidee gold system. Two of the three holes drilled in the Haidee West target intersected near-surface sulfide mineralization.

Highlights

• 0.44 g/t Au over 16.8 meters¹ and 1.95 g/t Au over 20.0 meters¹ in AC19-27D
• 0.44 g/t Au over 18.3 meters¹ in AC19-28D
• 0.64 g/t Au over 30.2 meters¹ and 0.72 g/t over 11.3 meters¹ in AC19-29D
• 0.42 g/t Au over 15.8 meters¹ in AC19-30D

¹ Drilled width; true width estimated to be approximately equivalent to drilled width.

“We continue to expand the footprint of near-surface oxide gold mineralization in the Haidee target area at Arnett – this time along the northern flank” said Hugh Agro, President & CEO. “Results from the final six holes drilled in this summer’s program will be released in the coming weeks and an updated resource estimate for the entire Beartrack-Arnett Gold Project is expected in the first quarter next year.”

Details

Revival Gold completed a 25-hole core drilling program on the Beartrack-Arnett project in early September. Three holes were targeted in the Joss area at Beartrack and results were released on July 29^th, 2019.

The balance of 22 drill holes were targeted on the Haidee and Haidee West areas at Arnett. The first seven holes targeted the Haidee area and intersected oxide gold mineralization in moderately altered and/or faulted granite. Results were released on September 3^rd, 2019.

Drill holes AC19-22D and AC19-26D to 30D released today are from the Haidee target area at Arnett and intersected oxide gold mineralization in altered and/or faulted granite. The remaining three holes released today, AC19-32D to 34D, were drilled in the Haidee West target area. Two encountered mineralization hosted by altered granite while the third encountered no significant mineralization.

Although the mineralized intercepts from Haidee West are consistent with those encountered in the main Haidee target in terms of grade and width, gold generally occurs in association with unoxidized pyrite. Further interpretation of controls on mineralization and faulting in the two areas is underway.

Summary assay results from drill 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)
AC19-22D	Haidee	63	-76	26.8	37.5	10.7	0.39
				33.1	37.5	4.4	0.66
AC19-26D	Haidee	62	-61	18.9	20.8	1.8	0.93
				112.0	117.5	5.5	1.94
				136.9	139.6	2.7	0.59
AC19-27D	Haidee	63	-61	39.0	45.2	6.2	0.34
				81.7	98.5	16.8	0.44
				118.4	138.4	20.0	1.952
Incl.				122.8	124.4	1.5	20.4
AC19-28D	Haidee	64	-61	4.0	22.3	18.3	0.44
				48.2	71.0	22.9	0.34
				116.7	140.9	24.2	0.34
AC19-29D	Haidee	65	-61	5.5	17.7	12.2	0.30
				95.4	106.7	11.3	0.72
				115.2	145.4	30.2	0.64
AC19-30D	Haidee	272	-50	114.7	128.4	13.7	0.36
				144.8	160.6	15.8	0.42
				174.4	175.9	1.5	3.97
AC19-32D	Haidee West	235	-65	90.2	114.6	24.4	0.98
Incl.				101.2	105.1	3.9	3.35
AC19-33D	Haidee West	239	-46	93.3	106.4	13.1	1.58
Incl.				96.9	99.2	2.3	6.06
AC19-34D	Haidee West	197	-51	No significant results

¹ True width estimated to be approximately equivalent to drilled width. Numbers may not add up due to rounding.

² If the 20.4 g/t Au sample in this interval (1.5m drilled width) was cut to 12.0 g/t Au (based on an analysis of a cumulative frequency plot of drill results from the main Haidee area) the grade of this interval would be 1.31 g/t Au.

Figure 1, Arnett Haidee Drill Results, is a plan map showing the location of 33 core holes completed in the Haidee area at Arnett to-date. These include core holes drilled by Meridian Gold Inc. in 1997 (ACDD-series holes) and by Revival Gold in 2018 (AC18-series holes) and in 2019 (AC19-series holes).

A further six core holes in the Haidee and Haidee West areas have been drilled in connection with Revival Gold’s summer 2019 drilling program. Results are pending. The approximate locations of these additional holes are also shown in Figure 1.

Figure 2, Preliminary Arnett Haidee Area Cross-Sectional Interpretation, is a preliminary cross-sectional interpretation looking north-west along strike through the main body of the known gold system at Arnett.

Revival Gold expects to complete an updated resource estimate for Beartrack-Arnett in the first quarter of 2020.

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.

Sample preparation for Beartrack consists of crushing the sample to 70% less than 2mm and pulverizing 250 grams to better than 85% passing 75 microns (PREP-31) while sample preparation for Arnett consists of crushing the sample to 70% less than 2mm and pulverizing 1,000 grams to better than 85% passing

75 microns (PREP-31B). Gold assays are determined by Fire Assay and AAS on a 30-gram nominal sample weight (Au-AA24). 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 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 Gold 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 currently has approximately 52.5 million shares outstanding and had a working capital balance of approximately $3.7 million as at June 30^th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone: (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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 Haidee Area Drill Results (September 26^th, 2019)

Figure 2 – Preliminary Arnett Haidee Cross-Sectional Interpretation (September 26^th, 2019)

Toronto, ON – September 5^th, 2019 – 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 following upcoming conferences:

• Precious Metals Summit 2019 to be held in Beaver Creek, Colorado. September 10^th‐13^th, 2019 at The Park Hyatt Beaver Creek. Presenting, Wednesday, September 11^th, 2019 at 1:00pm – 1:15pm in Room 1 ‐ Gerald R. Ford Hall, Hyatt; and,
• Denver Gold Forum 2019 to be held in Denver, Colorado. September 15^th‐18^th, 2019 at The Hyatt Regency Denver.

Interested parties that wish to schedule a meeting, or who would like more information regarding the conferences noted above, please contact, Melisa Armand, (416) 366-4100 or email info@revival-gold.com. Corporate presentation and 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 Gold 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 currently has approximately 52.5 million shares outstanding and had a working capital balance of approximately $3.7 million as at June 30^th, 2019. 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:

Hugh Agro, President & CEO or Adam Rochacewich, CFO
Telephone (416) 366-4100 or 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 intentions regarding its objectives, goals or future plans and statements. 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.

Intersects 1 g/t Au over 60 meters and 0.9 g/t Au over 66 meters in the Haidee target area

Toronto, ON – September 3^rd, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth-focused gold exploration and development company, announces a second batch of drill results from its summer 2019 core drilling program at the former producing Beartrack Gold Project (“Beartrack”) and the adjacent Arnett Gold Project (“Arnett”) located in Lemhi County, Idaho. 

Results released below cover seven core holes drilled in the Haidee target area at Arnett. All seven holes intersected near-surface oxide mineralization along the southern flank of the gold system, first drilled by Revival Gold in late 2018.

Highlights

• 0.99 g/t Au over 60.5 meters¹ including 2.42 g/t Au over 16.9 meters¹ in AC19-19D
• 0.88 g/t Au over 66.3 meters¹ including 1.36 g/t Au over 18.0 meters¹ in AC19-21D
• 1.14 g/t Au over 30.9 meters¹ including 1.74 g/t Au over 14.1 meters¹ in AC19-23D
• 0.49 g/t Au over 29.5 meters¹including 0.87 g/t Au over 8.4 meters¹in AC19-25D

¹ Drilled width; true width estimated to be approximately equivalent to drilled width.

“Today’s results expand the area of oxide mineralization along the southern flank of the 400-meter-long gold target at Haidee first drilled by Revival Gold in late 2018” said Hugh Agro, President & CEO. “The system remains open.  Assays are pending for a further 15 core holes drilled at Haidee and Haidee West and Revival Gold is moving aggressively to complete an updated resource estimate for Beartrack-Arnett in the first quarter of next year.”

2019 Drilling Program

Revival Gold initiated its summer 2019 core drilling program at Beartrack with one rig in late May and added a second rig at Arnett in the Haidee area in early June.  Upon completion of drilling at Beartrack in July, the Beartrack rig was moved to Arnett to help complete drilling in the Haidee area. 

All planned drill holes in the current program at both Beartrack and Arnett are now complete.  A total of approximately 5,100 meters were drilled in 25 holes on budget and ahead of schedule.

The first three holes drilled this year confirmed the continuity and extension of the mineralized gold trend in the Joss area at Beartrack. Results were released on July 29^th, 2019. The seven drill holes released today (AC19-18D through AC19-21D and AC19-23D through AC19-25D) successfully targeted an expansion of the area of oxide gold mineralization first drilled by Revival Gold in the Haidee area at Arnett in 2018.   

All seven drill holes intersected gold mineralization in moderately altered and/or faulted granite. An interpretation of local controls on mineralization and faulting in the Haidee area is underway. Summary assay results from drill holes released today are presented in the table below:

¹ True width estimated to be approximately equivalent to drilled width.  Numbers may not add up due to rounding.

² Recovery for the interval 125.9 meters to 127.5 meters was 46%.

Figure 1, Arnett Haidee Drill Results, is a plan map showing the location of the 24 core holes completed in the Haidee area at Arnett to-date. These include core holes drilled by Meridian Gold Inc. in 1997 (ACDD-1 through ACDD-11) and by Revival Gold in 2018 (AC18-12D through AC18-17D) and in 2019 (AC19-18D through AC19-21D and AC19-23D through AC19-25D).

A further 15 core holes have been drilled in the Haidee and Haidee West areas in connection with Revival Gold’s summer 2019 drill program. The approximate locations of these holes are also shown in Figure 1.  Assay results are pending.

Other Exploration and Development Activities

Revival Gold released key results from a 404 line-kilometer aeromagnetic geophysics survey and interpretation undertaken on Arnett and Beartrack on August 12, 2019.  The aeromagnetic data from Arnett was merged with historical aeromagnetic data from the Beartrack property to create a complete picture of the geology on Revival Gold’s Beartrack-Arnett land position.

The Company also recently completed a 12 square-kilometer soil sampling program on a 100 meter by 150-meter grid at Arnett. Geological mapping, geophysics and results from the soil sampling program will be used to further develop and refine both new and old drill targets.

A second phase of metallurgical test work on sulphide material from Beartrack has begun under the direction of the Company’s lead technical consultant, Roscoe Postle Associates Inc. (“RPA”).  Sample material is being composited and tested under RPA’s direction at SGS Canada Inc. in Vancouver, Canada.

The focus of this year’s metallurgical testing at Beartrack will be on optimizing flotation results while maintaining recovery.  The program will also further assess methods for recovering gold from flotation concentrate, including ultra-fine grinding and pressure oxidation.

Initial bottle roll testing of the mineralized material at Arnett will be undertaken later this year to validate historical metallurgical test results obtained in the 1990’s by Kappes Cassiday & Associates.

Complete results from Revival Gold’s 2019 metallurgical test programs are expected by the end of 2019.

In addition to the activities summarized above, Revival Gold and its consultant, RPA, are compiling and analysing 2018 and 2019 drill data to prepare for an update to the May 2018 Beartrack Mineral Resource Estimate. The updated resource estimate is expected to be completed in the first quarter of 2020 and will cover the combined Beartrack-Arnett project area.

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 Global (“ALS”) sample preparation facility in Elko, Nevada.  Gold analyses are performed at the ALS laboratory in Reno, Nevada and multi-

element geochemical analyses are completed at the ALS laboratory in Vancouver, British Columbia.  ALS is an ISO 17025:2005 accredited lab.

Sample preparation for Beartrack consists of crushing the sample to 70% less than 2mm and pulverizing 250 grams to better than 85% passing 75 microns (PREP-31) while sample preparation for Arnett consists of crushing the sample to 70% less than 2mm and pulverizing 1,000 grams to better than 85% passing

75 microns (PREP-31B). Gold assays are determined by Fire Assay and AAS on a 30-gram nominal sample weight (Au-AA24).  For shallow holes targeting oxide 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 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 Gold 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 currently has approximately 52.5 million shares outstanding and had a working capital balance of approximately $3.7 million as at June 30^th, 2019. 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:
Hugh Agro, President & CEO or Adam Rochacewich, CFO
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 intentions regarding its objectives, goals or future plans and statements. 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 Haidee Area Drill Results (September 2019)