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TSX-V: RVG PAGE 1 OTCQB: RVLGF TSX-V: RVG PAGE 1 OTCQB: RVLGF EUROPEAN GOLD FORUM April 17-19, 2018 revival-gold.com TSX-V: RVG OTCQB: RVLGF PURSUING A REVIVAL IN GOLD
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TSX-V: RVGPAGE 1

OTCQB: RVLGFTSX-V: RVGPAGE 1

OTCQB: RVLGF

EUROPEAN GOLD FORUM

April 17-19, 2018

revival-gold.comTSX-V: RVG

OTCQB: RVLGF

PURSUING A REVIVAL

IN GOLD

TSX-V: RVGPAGE 2

OTCQB: RVLGFTSX-V: RVGPAGE 2

OTCQB: RVLGF

DisclaimerThis document has been prepared by Revival Gold Inc. (“Revival Gold” or, the “Company”) solely for the use in the presentation being given in connection with the recipient’s evaluation of the

Company which is defined and outlined further herein.

This documentation is a presentation of information about the Company’s activities as the date of the presentation. It is information in a summary form and does not purport to be complete. It is not

intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be

considered, with or without professional advice, when deciding if an investment is appropriate.

The information contained in this presentation is derived from estimates made by the Company, information that has been provided to the Company by other parties and otherwise publicly available

information concerning the Opportunity and does not purport to be all-inclusive or to contain all the information that an investor may desire to have in evaluating whether or not to make an investment

in the Company. The information has not been independently verified and is subject to material updating, revision and further amendment.

No representation or warranty, express or implied, is made or given by or on behalf of the Company or any of its affiliates or subsidiary undertakings or any of the directors, officers or employees of

any such entities as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such

information or opinions. In furnishing this presentation, the Company does not undertake or agree to any obligation to provide the attendees with access to any additional information or to update this

presentation or to correct any inaccuracies in, or omissions from, this presentation that may become apparent. No person has been authorized to give any information or make any representations

other than those contained in this presentation and, if given and/or made, such information or representations must not be relied upon as having been so authorized. The information and opinions

contained in this presentation are provided as at the date of this presentation. The contents of this presentation are not to be construed as legal, financial or tax advice. Each prospective investor

should contact his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice.

This Presentation 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 ability to complete the Beartrack Project related financings, the relevance and reliability of the historical Beartrack Project resource

estimate, 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 inability to complete the acquisition of the Beartrack Project and related financings on the terms as announced or at

all; the historical Beartrack Project resource estimate may not be relevant or reliable; 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.

This presentation does not constitute or form part of any offer or invitation for the sale or purchase of securities or any of the assets, business or undertaking described herein nor shall it or any part of

it form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever. Recipients of this presentation who are considering an

investment in the Company are reminded that any such purchase or subscription must not be made on the basis of the information contained in this presentation but are referred to the entire body of

publicly disclosed information regarding the Company.

This presentation is being supplied to you solely for your information and may not be reproduced, further distributed or published in whole or in part by any other person. Distribution of this presentation

may be restricted or prohibited by law. Recipients are required to inform themselves of, and comply with, all such restrictions or prohibitions and the Company does not accept liability to any person in

relation thereto. Neither this presentation nor any copy of it may be taken or transmitted into the United States of America or distributed directly or indirectly, in the United States of America or to any

resident thereof except in compliance with U.S. securities laws.

The technical and scientific information in this document was reviewed and approved by Steven T. Priesmeyer, C.P.G., VP, Exploration and a Qualified Person under National Instrument 43-101.

TSX-V: RVGPAGE 3

OTCQB: RVLGF

Revival Gold Inc.

A Growth Company

in Gold

• Reigniting the former

producing Beartrack Gold

Project located in Idaho,

USA

Overview:

Company: ✓1.5 million oz Au of combined

historic resource*

✓3.5 g/t Au over 67.5 meters near

surface announced in January*

✓Updated resource at Beartrack

coming shortly

✓10,000 meters drilling planned

for this year

✓Backed by Orion Mine Finance

✓C$27 million market cap

✓C$7.0 million cash at March 31st

✓ Recognized as a top

performing junior gold

stock in 2017

Shr. Cap.:

*See Endnotes 1, 2 & 5

TSX-V: RVGPAGE 4

OTCQB: RVLGF

The Challenge

Growing gap between

production and discovery

Global Production vs. Global Discoveries

Source: SNL, GFMS, Paradigm Capital Inc.

TSX-V: RVGPAGE 5

OTCQB: RVLGF

• Rising gold price

• Market appetite forgrowth/critical mass

• Brownfield sites a proven

path to value creation

The Opportunity

Drill Core at Beartrack Gold Project

TSX-V: RVGPAGE 6

OTCQB: RVLGF

Key Leadership

Pete Blakeley | General Manager

Geological engineer, former Site

Manager, Meridian Beartrack and

Chief Engineer, Andean Resources.

B.Sc. (Geological Engineering)

Hugh Agro | President & CEO

Mining engineer and executive.

Former EVP, Kinross Gold. B.Sc.

(Mining Engineering), MBA, P.Eng.

Steve Priesmeyer | VP Exploration

Geologist with experience in projects

from grassroots through feasibility.

B.Sc., M.Sc. (Geology). C.P.G., QP

for NI 43-101 TRs

Adam Rochacewich | VP and CFO

Accounting and finance professional.

Work experience with both majors

and juniors. B.Comm., CPA, CA

Don Birak | Director

Former SVP, Coeur Mining and VPX

AngloGold NA. B.Sc., M.Sc. (Geology),

Fellow of AusIMM, SME Regis. Mem.,

QP for NI 43-101 TRs

Diane R. Garrett | Non-Exec Chairman

CEO of Nickel Creek Platinum Corp.,

former CEO of Romarco Minerals.

M.Sc. (Minerals Economics), Ph.D.

(Engineering).

Wayne Hubert | Director

CEO of InZinc Mining, former CEO

of Andean Resources. B.Sc.

(Chemical Engineering), MBA.

Andrea Totino | IR Manager

Investor relations professional, key

organizing member of the Idaho

Mining Coalition. B.Comm., Public

Relations Cert.

TSX-V: RVGPAGE 7

OTCQB: RVLGF

Source: World Gold Council

2nd Largest Gold

Producing Region In

The World

• Skilled work-force

• Constructive

permitting and

operating

environment

Positioned in North America

TSX-V: RVGPAGE 8

OTCQB: RVLGF

Source: Revival Gold, company public disclosure.

The Right Neighbourhood

e-Cobalt – Idaho Project Otis Gold – Kilgore

Midas Gold – Stibnite

Beartrack – Arnett Creek

50 miles50 miles

80 kilometers

TSX-V: RVGPAGE 9

OTCQB: RVLGF

Beartrack Gold Project

Former producer. Open pit, heap

leach mining of oxides in the 1990’s

recovered 600,000 oz gold

• Historic resource of 1.3 MM oz Au*

• High grade values*

9.75 m @ 71 g/t Au in BT-175

13.7 m @ 9.4 g/t Au in BT-131

67.5 M @ 3.5 g/t Au in BT-201D

*See Endnote 1 & 5

TSX-V: RVGPAGE 10

OTCQB: RVLGF

Arnett Creek Gold Project

2,370 hectare land position adjoining

Beartrack

• Grades from 0.6 to 1.9 g/ t Au,

0.85 g/t Au historic indicated resource*

• PAH studies* in mid-90’s indicated

open pit heap leach potential

*See Endnote 2

TSX-V: RVGPAGE 11

OTCQB: RVLGF

Combined Position – 3,780 Hectares

Source: Revival Gold Inc.

ARNETT CREEK GOLD

PROJECT2,370 Net Hectares

BEARTRACK GOLD

PROJECT1,410 Net Hectares

TSX-V: RVGPAGE 12

OTCQB: RVLGF

Combined

production and

historic

resources of

>2.7 MM oz Au*

Significant Gold Endowment

Source: Meridian Beartrack

Arnett Creek

Beartrack

*See Endnote 3

TSX-V: RVGPAGE 13

OTCQB: RVLGF

Beartrack 2017 Confirmation Drilling

Source: Revival Gold *See Endnote 5

TSX-V: RVGPAGE 14

O T C QB : RVLGF

2018 Exploration Program

B E A R TR A C K

C $4.5 MM including 8,000 meters of drilling

A R NE T T C R E E K

~ C $1.0 MM including 2,000 meters of drilling

• R es ourc e es timate

• R emaining 8,000 m of 11,000 m

firs t phase core drilling program

• Metallurgical tes t work

• Prepare and submit permit for

Allen C reek target

• Permit 60 drill pad locations

• Targeting initial 2,000 m of core

drilling

• Integrate new drilling with

his toric results and assess at

current gold price

TSX-V: RVGPAGE 15

OTCQB: RVLGF

Beartrack 2018 Drill Program*

Source: Revival Gold

2018 Key

Objectives:

1. Extend

mineralization at

Ward’s Gulch

and South Pit

2. Evaluate

potential at Joss

*See February 26th, 2018 press release for details

TSX-V: RVGPAGE 16

OTCQB: RVLGF

Resource Expansion Opportunities

Source: Revival Gold

Ward’s Gulch & North Pit

TSX-V: RVGPAGE 17

OTCQB: RVLGF

Resource Expansion Opportunities (cont’d)

Source: Revival Gold

South Pit

TSX-V: RVGPAGE 18

OTCQB: RVLGF

Beartrack Property-Wide Potential

Joss South Wards North Allen

+5 km strike length

• Mineralization in five locations; intersected to-date from about

1,520 to 2,270 meters elevation

• Open to south-west along strike and open at depth

Source: Meridian Beartrack and Revival Gold

OPEN AT DEPTH

5 Km Length to Known Gold System

OP

EN

TSX-V: RVGPAGE 19

OTCQB: RVLGF

Beartrack Site Status

• 11 miles from Salmon,

Idaho (population 3,500)

• Power, water, roads

• Leach ponds, cyanidation

permit

• 11,000 sq. ft core facility

TSX-V: RVGPAGE 20

OTCQB: RVLGF

Arnett Creek 2017 Rock Samples*

Source: Revival Gold

107 rock samples, 37

samples > 1 g/t Au*See November 13, 2017

press release for details

TSX-V: RVGPAGE 21

OTCQB: RVLGF

Capital Structure

Tight Structure, Strategic Funding Relationship with Orion

Shares / Balance Sheet Millions

Basic Shares

Options & Warrants(avg. exercise px $0.72 each)

40.8

13.6

Fully Diluted Shares 54.4

Est. Working Capital (31 Mar. ‘17) C$7.0

Share Price (2 April ‘18) C$0.65

52 Week Hi/Lo C$0.86/C$0.20

Basic Market Cap C$27 million

Shareholders

Other

Institutional

/High Net

Worth

49%

Retail

18%

Mngmt

14%

Orion Mine

Finance

10%

Yamana &

Otis Gold

9%

TSX-V: RVGPAGE 22

OTCQB: RVLGF

2017

What is Next?

Arnett Creek

Drilling

Build

Awareness

2017 Drill

Results

2018

Geological

Modelling 8,000 m Drilling

Metallurgical

Testing

Plan of

Operation Filed

2,000 m Drilling

(subject to permitting)

Beartrack

Resource

US

DTCNYC

Beaver Creek/

Denver

Pursue

GrowthAssessing Potential Tuck-ins & New Acquisitions

Resource Estimate

Growing Analyst Coverage:Beacon Securities, Paradigm Capital,

PI Financial, RBC Capital Markets

EuropeWest

Coast

TSX-V: RVGPAGE 23

OTCQB: RVLGF

Recap Investment Rationale

*See Endnotes 1, 2 & 4

Fast

Tracking:

✓ Veteran gold team

✓ Strategic relationship

with Orion

✓ Fully funded through

2018; C$7.0 MM cash

Targeting

>3

MM oz Au

Proven

Property:

✓ Brownfield site

✓ Past producer at much

lower gold prices

✓ High grade beneath historic

resource* at Beartrack

Strong

Upside:

✓ Rising gold price

✓ Growing interest in

N.A. assets

✓ Attractive valuation

relative to peers

Total Historic

Resource*

1.5

MM oz Au

Current

Valuation*

16

$US/oz Au

TSX-V: RVGPAGE 24

OTCQB: RVLGFTSX-V: RVGPAGE 24

OTCQB: RVLGF

Appendix

TSX-V: RVGPAGE 25

OTCQB: RVLGF

Beartrack Earn-In Agreement

* See press release dated September

7th, 2018 for further details

Key terms* with subsidiary of Yamana Gold

announced September 7th, 2017

• 1 MM shares and US$250,000 paid; a further 3 MM shares

due over four years

• US$10 MM in exploration over four years; including US$4 MM

by August 31, 2019

• Funding remediation costs in years three and four of the

Agreement (approximately US$850,000 each year)

• Payment of the greater of US$6/oz of resource or US$15/oz in

reserve in year seven plus 1% NSR

• Obligation to assume remaining site remediation obligation on

close of acquisition

TSX-V: RVGPAGE 26

OTCQB: RVLGF

Beartrack Ward’s Gulch

BT17-195D

119.0 m to 121.6 m

2.37 g/t Au

Yellowjacket Formation, oxide mineralization

TSX-V: RVGPAGE 27

OTCQB: RVLGF

Beartrack Ward’s Gulch

BT17-201D

115.2 m to 117.0 m

45.6 g/t Au

Quartz Monzonite, sulfide mineralization

TSX-V: RVGPAGE 28

OTCQB: RVLGF

Beartrack South Pit

BT17-204D

78.3 m to 81.1 m

4.07 g/t Au

Yellowjacket Formation, oxide mineralization

TSX-V: RVGPAGE 29

OTCQB: RVLGF

Beartrack South Pit

BT17-203D

101.6 m to 103.4 m

3.97 g/t Au

Mylonitized Quartz Monzonite, sulfide zone

TSX-V: RVGPAGE 30

OTCQB: RVLGF

Notes:

1. Beartrack Historic Resource Estimate (page 3, 9, 23 & 30): In 2011 Meridian Beartrack completed an internal review and

estimated a remaining resource of 26.6 million tonnes at an average grade of 1.51 g/t gold containing approximately 1,299,000

ounces of gold (the “Historical Resource Estimate”). The Historical Resource Estimate was unclassified and did not use the

categories (“inferred”, “indicated” or “measured” mineral resource, or “probable” or “proven” mineral reserve) set out in Sections 1.2

and 1.3 of NI 43-101 as defined by the Canadian Institute of Mining, Metallurgy an Petroleum (“CIM”). Although the Historic

Resource Estimate is unclassified, based on the rigorous nature of the methodology employed in making the estimate, the

resource estimate could be categorized as an historic inferred mineral resource. The Meridan Beartack resource estimate was

prepared prior to the implementation of NI 43-101 and does not conform to this standard. A qualified person has not done sufficient

work to classify the historical estimate as current mineral resources or mineral reserves and Revival Gold is not treating the

historical estimate as current mineral resource or mineral reserve. See press release dated September 7th, 2017 for further details.

2. Arnett Creek Historic Resource (page 3, 10, 23 & 30): As reported by Pincock, Allan & Holt (“PAH”) in an updated conceptual

study on Arnett Creek issued in 1994. Approximately half the area historic resource and four of the five mineralized areas included

in the PAH 1994 report are located on claims 100% owned or optioned by Revival Gold Inc. The PAH report was prepared prior to

the implementation of NI 43-101 and does not conform to this standard. A qualified person has not done sufficient work to classify

the historical estimate as current mineral resources or mineral reserves and Revival Gold is not treating the historical estimate as

current mineral resource or mineral reserve. See press release dated June 30, 2017 for further details.

3. Combined Production & Historic Resource from Area (page 12): Documented production and historic resources of gold totals:

475,000 - 600,000 oz of placer gold production (Johnson et al, 1998), 600,000 oz of hard rock gold production at Beartrack

(Meridian Gold), 327,000 oz of gold in historic indicated resources and 53,000 oz of gold in historic inferred resources at Arnett

Creek See Endnote 1 and 1,299,000 oz of gold in post-mining historic resources at Beartrack See Endnote 2.

4. Analysis of Market Value and Resources (page 23): Revival Gold EV/oz Au estimated by the Company based on total historic

resources of 1.5 MM oz Au See Endnotes 1 and 2, a market cap at C$0.65/share of US$21 MM, assuming a payment of US$6/oz of

Beartrack historic resources See Endnote 1, assuming remaining payments on the Arnett Creek Project acquisition of US$1.3 MM, less

current estimated working capital of C$7.0 MM and an exchange rate of 1.3 $C/$US.

5. Beartrack 2017 Drill Results (page 3, 13): Please refer to December 12, 2017 and January 18, 2018 press releases detailing the

2017 Beartrack drill program results and related notes. Widths shown are drilled widths. True widths vary but are estimated to be

approximately half of the drilled widths.

TSX-V: RVGPAGE 31

OTCQB: RVLGF

Revival Gold Inc. 145 King St. W., Suite 2870

Toronto, Ontario

M5H 1J8

HUGH AGRO | President & CEO

ANDREA TOTINO | IR Manager

[email protected]

416-366-4100

PURSUING A REVIVAL IN GOLD


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