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Revival Gold Inc.

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Summary

Project:

Beartrack

Deposit:Beartrack
Location:United States
Commodities:Gold
Date:1/18/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:18-1-2018: Revival Gold Inc. announces an Exploration/Drilling Update report for its Beartrack deposit at the Beartrack project. Drilling results incl. 67.5m @ 3.51g/t Au from 98.6m. Toronto, ON – January 18, 2018 – Revival Gold Inc. (TSXV: RVG) (“Revival
Resources:x
CP/QP:[Overall Report]: Steven T. Priesmeyer (Internal)
ABSTRACT:Toronto, ON – January 18, 2018 – Revival Gold Inc. (TSXV: RVG) (“Revival Gold” or, the "Company"), a growth-focused gold exploration and development company, announces results from the final eight holes of the twelve-hole 2017 portion of the Company’s planned 11,000- meter core drilling program at the past producing Beartrack Gold Project (“Beartrack”) located in Lemhi County, Idaho. “All eight holes released today intersected significant gold mineralization”, said Hugh Agro, President & CEO. “Revival Gold will now initiate work on an updated resource estimate for Beartrack”. Seven of the eight drill holes released today (BT17-200D through BT17-206D) targeted nearsurface oxide and mixed oxide-sulphide mineralization in the Ward’s Gulch and South Pit areas. These holes were targeted specifically to confirm historic drilling completed by Meridian Beartrack Co. (“Meridian Beartrack”) in preparation for an updated NI-43-101 Mineral Resource estimate at Beartrack this year. Revival Gold’s near-surface drill results at both Ward’s Gulch and the South Pit compare favorably with historic drilling completed by Meridian Beartrack in the 1990’s. A more detailed comparison of 2017 drill results to historic results along with the preparation of an updated geological and resource model encompassing historic data as well as 13,737 meters of drilling completed in 2012, 2013 and 2017 is underway. In addition to near surface drill holes, Revival Gold completed two deep drill holes in 2017 (BT17- 194DB and BT17-199D) targeting high grade mineralization previously intercepted at depth by BT12-175D at Ward’s Gulch. Neither of the deep holes drilled in 2017 replicated the high grades previously intersected by BT12-175D.

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