Infill Drill Results At The Haidee Target

TORONTO - Revival Gold Inc. reported results from the first eight infill drill holes completed in the Haidee target area in connection with the exploration program at the Beartrack-Arnett Gold Project, located in Idaho. Each of the eight holes encountered above cut-off grade, near-surface oxidized gold mineralization: 1) 1.15 g/t gold over 13.7 meters in AC21-078D. 2) 0.42 g/t gold over 29.9 meters in AC21-074D. 3) 0.77 g/t gold over 13.0 meters in AC21-073D. 4) 0.43 g/t gold over 23.2 meters in AC21-072D. 5) 0.47 g/t gold over 18.9 meters in AC21-071D. 6) 1 True width is estimated to be greater than 70% of drilled width.

The 2021 drilling program at Haidee was designed to upgrade and expand the deposit’s current Inferred heap leachable mineral resources. In addition, the program included drill holes to obtain engineering data for the planned late-2022 Pre-Feasibility Study. A total of 15 holes were completed with four holes drilled for geotechnical and hydrological purposes. Assay results for the remaining seven drill holes are expected by year end.

“Today’s initial infill drilling results have bolstered our confidence in the mineral resource at Haidee”, said Hugh Agro, President & CEO. “AC21-073D ended in oxide mineralization averaging over one gram per tonne gold opening up the potential for additional resource expansion opportunities at depth beneath the shallow drilling to-date. The Haidee deposit remains open in all directions. Additional drill results are expected in December, and we look forward to reporting an updated resource estimate next quarter.”