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RVG.V ·

Revival Gold Expands Land Position at Arnett Creek

Mergers & Acquisitions Property Options & Staking

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Revival Gold Expands Land Position at Arnett Creek

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Toronto, ON. – August 2, 2017 – Revival Gold Inc. (TSXV: RVG ) (the "Company") announces an

increase in the Company’s land position at the Arnett Creek Gold Project (“Arnett Creek”) located

in Lemhi County, Idaho. The Company has staked an additional 195 claims covering 4,027 acres

(1,630 hectares) . The newly acquired ground increases Revival Gold’s Arnett Creek net land

position to 5,874 acres (2,377 hectares). Revival Gold holds rights to a 100% interest in Arnett

Creek.

The additional claims were staked to cover ground that the Company believes is prospective for

the identification of additional gold mineralization . The Arnett Creek stock, which hosts all the

known historic gold resources on the property extends well beyond the original claim block and

is now completely covered by the recently staked claims. In addition, there are known prospects

along the northern contact of the stock and to the south along the Arnett Creek Lineament, which

were not included in the original claim block. These areas are now included in Revival Gold’s land

position.

In the coming months, Revival Gold will expand prospecting and mapping from the original land

position to include the recently staked ground while submitting a Plan of Operations to the

United States Forest Service ( “USFS”) for drilling in 2018. Drilling at Arnett Creek is contingent

upon approval of the Plan of Operations by the USFS and weather, but is expected to begin in

June 2018.

Steven T. Priesmeyer, B.Sc., M.Sc., C.P.G., Vice -President Exploration, Revival Gold, is the

Company's designated Qualified Person for this news release within the meaning of National

Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved

its technical content.

About Revival Gold Inc.

Revival Gold Inc . ( formerly 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.

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In addition to its interests in Arnett Creek, 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.

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:

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". 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 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.

Actual results relating to, among other things, the relevance and reliability of the resource estimates in

the Report, 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 reas ons such as: the resource estimates in the

Report may not be accurate, valid or complete; changes in general 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

difficulties 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.