Revival Gold Announces Key Appointments and Grants Stock Options
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Revival Gold Announces Key Appointments and
Grants Stock Options
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Toronto, ON. - July 18, 2017 – Revival Gold Inc. (TSXV: RVG .H) (the "Company") announces the
appointment of Steven Priesmeyer as Vice President, Exploration and Pete Blakeley as the
Company’s General Manager.
Steven Priesmeyer is an exploration geologist with over thirty years’ experience managing and
developing exploration projects. Mr. Priesmeyer was most recently responsible for delineating a
30 million ounce silver resource at Soltoro’s El Rayo p roject located in Mexico . Soltoro was
acquired by Agnico Eagle Mines Limited in early 2015. Previously, Mr. Priesmeyer served as
Exploration Manager for MinCore Inc. and in various positions with Yukon-Nevada Gold
Corporation, A.C.A. Howe International Limited, Queenstake Res ources Ltd. and Monarch
Resources Ltd. In addition to the El Rayo project, Mr. Priesmeyer managed exploration on the
advanced-stage Magistral gold deposit and the Tameapa copper-molybdenum porphyry deposit
and was involved in exploration programs at the Jerritt Canyon mine property . Mr. Priesmeyer
holds a B.Sc. in Geology and completed his M.Sc. in Geology at the University of Idaho. Mr.
Priesmeyer is a Qualified Person as defined by NI 43-101.
Pete Blakeley is an Idaho-based mining professional with over thirty years’ experience including
ten year s with Meridian Beartrack Co., most recently as Site Manager at the Beartrack Gold
Project located approximately 20 miles from Salmon, Idaho. Mr. Blakeley also served as Chief
Mining Engineer with Andean Resources Ltd., as Senior Advisor Mining with Rio Tinto OTX in Salt
Lake City and in various positions with Phelps Dodge Corporation and Glamis Gold Ltd. Mr.
Blakeley has achieved a record of zero safety accidents or incidents and over the course of his
career spanning roles in geology, engineering, operations and reclamation. Mr. Blakeley was a
member of the U.S. Army and National Guard and holds a B .Sc. in Geologic Engineering from
Montana College of Mineral Science and Technology.
Revival Gold further announces the engagement of Wayne Hubert and Tye W. B urt as Strategic
Advisors to the Company.
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Wayne Hubert was most recently CEO and Director of Andean Resources Limited. Mr. Hubert led
Andean through several discoveries which increased Andean’s resource to over 5 million ounces
of gold as well as through subsequent feasibility studies, financings and permitting. Andean was
ultimately acquired by Goldcorp Inc. for $3.5 billion in 2010. Prior to Andean, Mr. Hubert was an
executive with Meridian Gold Inc. Mr. Hubert holds a B.Sc. in Chemical Engineering and an MBA.
Tye W. Burt has extensive experience in the global mining and mining industry and in investment
banking. Mr. Burt is a Principal of Carbon Arc Capital Investments Inc., a member of the board of
ArcelorMittal, Chair of Urthecast Corp. and Vice-Chair of the Royal Ontario Museum Foundation
Governors. Previously, Mr. Burt was Chair of t he University of Guelph’s $200 million “Better
Planet Project” Campaign and President and CEO of Kinross Gold Corporation from 2005 to 2012.
Prior to that, Mr. Burt was a Vice-Chairman with Barrick Gold Corporation, Chairman of Deutsche
Bank Canada and Global Managing Director of Metals & Mining, Deutsche Bank AG. Mr. Burt also
served as Managing Director and Co-Head of the Mining Group, Burns Fry Ltd. and BMO Nesbitt
Burns. Mr. Burt holds a BA and LLB.
Subject to regulatory approval, Revival Gold has granted 1,275,000 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 $0.50 per share for a period of five years.
About Revival Gold Inc.
Revival Gold Inc. (previously Strata Minerals Inc. ) is a growth focused gold exploration and
development company. The Company holds rights to a 100% interest in the Arnett Creek Gold
Project located in Lemhi County, Idaho.
In addition to its interests in Arnett Creek, the Company is pursuing other gold e xploration and
development opportunities and holds a 51% interest in the Diamond Mountain Phosphate
Project located in Uintah County, Utah.
Additional disclosure of the Company’s financial statements, technical reports, material change
reports, news rele ases and other information can be obtained at www.revival -gold.com or on
SEDAR at www.sedar.com.
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.
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For further information, please visit www.revival-gold.com or contact:
Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: [email protected]
Cautionary Statement
This News Release includes certain "forward -looking statements". These statements are based
on information currently available to the Company and the Company provides no assurance that
actual results will meet management's expectations. Forward - looking st atements 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. Actual results relating to, among other
things, the relevance and reliability of the resource estimates in the PAH Reports, results of
exploration, project development, reclamation and capital costs of the Company's mineral
properties, and the Company's financial condition and prospects, could differ materially from
those currently anticipated in such statements for many reasons such as: the resource estimates
in the PAH Reports may not be accurate, valid or complete; changes in ge neral economic
conditions and conditions in the financial markets; changes in demand and prices for minerals;
litigation, legislative, environmental and other judicial, regulatory, political and competitive
developments; technological and operational diffi culties encountered in connection with the
activities of the Company; and other matters discussed in this news release. This list is not
exhaustive of the factors that may affect any of the Company's forward- looking statements.
These and other factors should be considered carefully and readers should not place undue
reliance on the Company's forward -looking statements. The Company does not undertake to
update any forward-looking statement that may be made from time to time by the Company or
on its behalf, except in accordance with applicable securities laws.