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RVG.V ·

Revival GOLD to Present at Fall Conferences

Marketing Announcement

REVIVAL GOLD TO PRESENT AT FALL CONFERENCES

Toronto, ON – August 31st, 2021 – Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the

"Company"), a growth‐focused gold exploration and development company, announces its participation

in the following upcoming industry conferences:

• The 2021 Precious Metals Summit Beaver Creek to be held at the Park Hyatt Beaver Creek ,

Beaver Creek, Colorado , September 8th – 11th, 20 21. Revival Gold is scheduled to present on

Thursday, September 9th, 2021 at 8:00 am MDT.

• The 33rd Annual Denver Gold Forum/XPL-DEV2021 to be held at the Broadmoor Hotel & Resort,

Colorado Springs, Colorado, September 12th – 15th, 2021. Revival Gold is scheduled to present

on Tuesday, September 14th, 2021 at 8:20 am MDT.

Interested parties that wish to schedule a meeting, or who would like further information regarding the

conferences noted above, please contact, Melisa Armand, (416) 366 -4100 or email info@revival -

gold.com. Corporate presentation s and information materials are available on the Company’s website

at www.revival‐gold.com.

About Revival Gold Inc.

Revival Gold Inc. is a growth -focused gold exploration and development company. The Company is

advancing the Beartrack-Arnett Gold Project located in Idaho, USA.

Beartrack-Arnett is the largest past -producing gold mine in Idaho. A Preliminary Economic Assessment

has been completed for a first phase restart of heap leach operations to produce 72,000 ounces of gold

per year over an initial seven -year mine life at an AISC of $1,057 per ounce of gold. Meanwhile,

exploration continues , focused on expanding the current Indicated Mineral Resource of 36.6 million

tonnes at 1.15 g/t gold containing 1.36 million ounces of gold and Inferred Mineral Resource of 47.1

million tonnes at 1.08 g/t gold containing 1.64 million ounces of gold. The mineralized trend at Beartrack

extends for over five kilometers and is open on strike and at depth. Mineralization at Arnett is open in

all directions.

For further details, including key as sumptions, parameters and methods used to estimate the Mineral

Resources, and data verification, please see the Company’s NI 43 -101 compliant technical report titled,

“Preliminary Economic Assessment of the Heap Leach Operation on the Beartrack Arnett Gold Project,

Lemhi County, Idaho, USA – NI 43-101 Technical Report”, dated December 17th, 2020.

Revival Gold has approximately 71.2 million shares outstanding and had an estimated cash balance of

C$6 million on June 30 th, 2021. Additional disclosure includi ng the Company’s financial statements,

technical 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 contact Hugh Agro, President & CEO or Lisa Ross, CFO, telephone (416)

366-4100 or 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. Technical

information in this news release has been reviewed and approved by Steven T. Priesmeyer, C.P.G., Vice President

Exploration, Revival Gold Inc., a Qualified Person within the meaning of National Instrument 43 -101 – Standards

of Disclosure for Mineral Projects.

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 from those expressed or imp lied 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, the Company’s ability to

predict or counteract the potential impact of COVID-19 coronavirus on factors relevant to the Company’s business,

failure to identify addition al mineral resources, failure to convert estimated mineral resources to reserves with

more advanced studies, the inability to eventually complete a feasibility study which could support a production

decision, the preliminary nature of metallurgical test results may not be representative of the deposit as a whole,

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 disclaim s 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.