Exploration At The Beartrack-Arnett Gold Project Reports Intersections

TORONTO – Revival Gold Inc. reported additional results from the Company’s 2021 drilling program and provide an update on exploration at the Beartrack-Arnett Gold Project located in Idaho. Highlights include: BT21-238D intersected 6.79 g/t gold over 6.0 meters and 12.6 g/t gold over 1.2 meters within 2.84 g/t gold over 50.0 meters; BT21-238D was drilled on the Joss high-grade gold target approximately 180 meters north along strike of BT21-237D, which intersected 11.79 g/t gold over 2.5 meters and 5.36 g/t gold over 5.8 meters within 84.6 meters at 2.67 g/t gold1; BT21-239DB, collared approximately 400-meters south of the southern-most drillhole at Joss, intersected a zone of fracture-controlled sericite alteration. Analysis and an interpretation are pending; A total of four core holes for 1,800 meters have been completed to-date this year at Joss; Drilling at Beartrack-Arnett is now focused with two rigs on the Haidee heap leach gold target where six holes have been completed so far this year for an additional 1,100 meters; and, 2,500 meters of drilling, including geotechnical, hydrological and approximately eleven exploration core holes, are planned to be completed in the Haidee area this Fall.

Drilling at the high-grade Joss target at Beartrack-Arnett returned intersections of 6.79 g/t gold over 6.0 meters and 12.6 g/t gold over 1.2 meters within 2.84 g/t gold over 50.0 meters in hole BT21-238D. This hole, along with BT21-237D, were exploration core holes targeting an approximate 300-meter gap between previous drill holes and confirmed the continuity of high-grade mineralization in this area. The Company also collared drill hole BT21-239DB approximately 400-meters south of the southern-most drillhole at Joss. This hole intersected a zone of fracture-controlled sericite alteration, that is similar to alteration associated with mineralization elsewhere at Beartrack. Geochemical analysis and an interpretation of the geology for BT21-239DB are in progress.

“We are thrilled to have intersected another broad interval of gold mineralization with high-grade intercepts in the Joss area. Results from BT21-238D are consistent with the impressive intercepts from BT21-237D located 180 meters to the south. These results are entirely beyond the existing mineral resource at Beartrack-Arnett and provide further evidence of the high grade and continuity of mineralization at Joss”, said Hugh Agro, President & CEO.