Revival GOLD Approved to Drill at Arnett
1
REVIVAL GOLD APPROVED TO DRILL AT ARNETT
Toronto, ON – June 17th, 2019 – Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold”
or the "Company"), a growth -focused gold exploration and development company, announces
the approval of a Plan Of Operations (“POO”) by the United States Forrest Service (“USFS”) to
drill the Arnett gold project (“Arnett”) located in Lemhi County, Idaho . The POO provides for
drilling at 53 locations on several prospective target areas across Arnett. Revival Gold plans to
commence approximately 4,000 meters of drilling at Arnett by the end of this month.
“Revival Gold is now fully permitted to follow up on last season’s encouraging near-surface oxide
gold drill results in the Haidee target area and to drill test several other new targets areas at
Arnett”, said Hugh Agro, President & CEO. “We acknowledge and appreciate the encouragement
and cooperation of the USFS, Idaho State Government, county and municipal officials, and local
citizens and businesses. As a responsible member of the Lemhi County business community and
an employer of more than two dozen con tractors and employees at Beartrack -Arnett, any
success enjoyed by Revival Gold provides immediate benefits to the local economy”.
Revival Gold further reports that an additional three permit application processes are currently
underway with the USFS in respect of potential drill sites to be located on the Company’s
neighbouring Beartrack gold project (“Beartrack”). The Company is already permitted for drilling
in the main areas of known mineralization at Beartrack and is pursuing the additional permits to
test new targets areas located elsewhere within Revival Gold ’s very large and prospective
Beartrack land package.
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.
2
Revival Gold has approximately 50 million shares outstanding as at June 14th, 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 Andrea Totino, Investor Relations Manager
Telephone: (416) 366-4100
Email: [email protected]
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 fr om 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.