PURSUING A REVIVAL. IN GOLD.
CORPORATE PRESENTATION 20 October 2017
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PURSUING A REVIVAL. IN GOLD . CORPORATE PRESENTATION 20 October - - PowerPoint PPT Presentation
TSX-V: RVG www.revival-gold.com PURSUING A REVIVAL. IN GOLD . CORPORATE PRESENTATION 20 October 2017 Disclaimer This document has been prepared by Revival Gold Inc. (Revival Gold or, the Company) solely for the use in the
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This 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
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.
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2017 M Milest stones: s: March ch Ju June September October
Led by seasoned executives including:
gh A Agr gro, President & CEO – Mining engineer and executive, previously with Kinross and Placer Dome
Priesmeye yer, VP Exploration – Seasoned geologist and explorationist, previously with Soltoro
Don n Birak, Director – Idaho-based, previously with Coeur and AngloGold
yne Hubert, Strategic Advisor
Burt, Strategic Advisor
Creek Gold Project and completed $1.8 MM financing
$9 MM financing completed
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Shar ares / / Balan lance S Sheet milli lion
Bas Basic Shares es Options & Warrants (avg. exercise px $0.72 each) 40. 40.8 12.7 Fully lly D Dilu luted S Shares 53. 53.5
Work rking Cap apital al (20 O
20 Oct.’17)
C$9. $9.2 Share re Price ce (2
(20 Oc Oct.‘17 17)
C$0. $0.77 52 Week H Hi/Lo Lo
C$0.86/C$0.08
Bas Basic M Mar arket C Cap ap
C$31. 1.4 4 milli lion Shar arehold
%
Management Orion Mine Finance Yamana and Otis Gold Other Institutional Other 14% 10% 9% 46% 21% Total 100%
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nd larges
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lley: > 1 billion oz Ag, 8 million tons of Pb & 3 million tons
Beartrac ack Mine: : 600,000 oz Au produced
Mine: : 94 MM ton reserve @ 0.10% Mo
elamar amar/Stone nehous
Mine ne: 67 MM oz Ag & 1.3 MM oz Au produced
aho Co Cobalt P Project: 3.5 MM ton resource @ 0.55% Co
ibnite: : 5.46 MM oz Au resource
Creek: : 0.5 MM oz Au
investment.
merous o
projects…
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Source: Revival Gold Inc.
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Source: Meridian Beartrack
dnot
3
Beartrack Arnett Creek
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Approximate ore zone
Source: Meridian Beartrack
Yqm: Quartz Monzonite Yy: Yellowjacket Formation
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Source: Meridian Beartrack
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Source: Meridian Beartrack
15
Source: Revival Gold
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Source: Meridian Beartrack, interpretation on this page by Revival. True width grades shown in figure.
Grad ade-Th Thickness P Plot
(gram x meters)
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Notes:
Source: Revival Gold Inc. (Sept.’17)
underway fall ‘17
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completed summer ‘17 in progress fall ‘17
Hugh h Agro, President nt & C CEO Mining engineer and mining executive. Former EVP, Kinross Gold. B.Sc. (Mining), MBA, P.Eng. Pete Blakeley, General Manager er Geological Engineer, former Site Manager, Meridian Beartrack and Chief Engineer, Andean Resources. B.Sc. (Geological Engineering) Micha chael Mansf sfield, D Director Calgary-based investment professional with Industrial Alliance Securities Inc. CA, CFA.
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Steve P Priesmeyer, V VP Explor
Geologist with experience in projects from grassroots through feasibility. B.Sc., M.Sc. (Geology). C.P.G., QP for NI 43-101 TRs. Carmelo M Marrelli, i, C CFO & Director Toronto-based accountant and corporate services executive with MSSI. CPA, CA, CGA. Don B Birak ak, D Director
Geologist, former SVP, Coeur Mining and VP AngloGold North America. B.Sc., M.Sc. (Geology), Fellow of AusIMM, SME Regis. Mem., QP for NI 43-101 TRs.
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RVG @ US$18/oz*
*Note: 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 current market cap at C$0.77/share of US$24.2 MM, assuming a payment of US$6/oz of Beartrack historic resources See Endnote 2, assuming remaining payments on the Arnett Creek Project acquisition of US$1.3 MM, less current estimated working capital of C$9.2 MM and an exchange rate of 1.3 C$/$US.
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Note: See September 7, 2017 press release for details.
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Source: Revival Gold interpretation of Meridian Beartrack’s drill results. True thickness estimated at ½ drilled width. Results of 7 g/t Au or better over 1 meter estimated true width or better highlighted.
Hole Number Location From (ft) From (m) To (ft) From (m) Drilled Width (m) Estimated True Width (m) Average Gold Grade (g/t) Average Silver Grade (g/t) AuEq (50:1) (g/t) DD-131 Ward's Gulch 438.00 133.50 527.00 160.63 27.13 13.56 7.32 NA NA incl. 451.00 137.46 496.00 151.18 13.72 6.86 9.42 NA NA incl. 451.00 137.46 472.00 143.87 6.40 3.20 12.96 NA NA incl. 502.00 153.01 509.50 155.30 2.29 1.14 14.02 NA NA BT12-175D Ward's Gulch 1653.50 503.99 1685.50 513.74 9.75 4.88 71.02 76.8 72.56 incl. 1653.50 503.99 1673.00 509.93 5.94 2.97 111.34 117.6 113.69 1714.00 522.43 1716.80 523.28 0.85 0.43 7.34 14.2 7.62 BT12-176D South Pit 1007.00 306.93 1072.00 326.75 19.81 9.91 4.07 57.5 5.22 incl. 1017.00 309.98 1027.00 313.03 3.05 1.52 12.28 75.1 13.78 incl. 1042.00 317.60 1049.00 319.74 2.13 1.07 5.25 32.5 5.90 incl. 1067.00 325.22 1072.00 326.75 1.52 0.76 5.12 29.8 5.72 BT12-177D South Pit 967.00 294.74 972.00 296.27 1.52 0.76 4.57 6.3 4.70 1452.00 442.57 1457.00 444.09 1.52 0.76 3.63 8.3 3.80 BT12-178D Ward's Gulch 1237.50 377.19 1244.00 379.17 1.98 0.99 6.62 84.1 8.30 1271.50 387.55 1287.50 392.43 4.88 2.44 7.86 4.8 7.96 incl. 1275.50 388.77 1283.00 391.06 2.29 1.14 12.30 5.1 12.40 1421.10 433.15 1431.00 436.17 3.02 1.51 5.71 6.0 5.83 1478.10 450.52 1484.00 452.32 1.80 0.90 7.84 10.6 8.05 BT12-179AD South Pit 1927.00 587.35 1933.00 589.18 1.83 0.91 5.14 104.9 7.24 1949.00 594.06 1957.00 596.49 2.44 1.22 4.54 47.7 5.49 2197.00 669.65 2236.00 681.53 11.89 5.94 4.31 3.8 4.39 incl. 2215.00 675.13 2224.00 677.88 2.74 1.37 8.53 4.1 8.61 BT12-181D Ward's Gulch 524.00 159.72 538.50 164.13 4.42 2.21 1.59 17.8 1.94 BT12-183D South Pit 1722.00 524.87 1757.00 535.53 10.67 5.33 3.75 5.4 3.86 1722.00 524.87 1738.50 529.89 5.03 2.51 5.03 7.5 5.18
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Source: Revival Gold interpretation of Meridian Beartrack’s drill results. True thickness estimated at ½ drilled width. Results of 7 g/t Au or better over 1 meter estimated true width or better highlighted.
Hole Number Location From (ft) From (m) To (ft) From (m) Drilled Width (m) Estimated True Width (m) Average Gold Grade (g/t) Average Silver Grade (g/t) AuEq (50:1) (g/t) BT12-184D Ward's Gulch 1441.00 439.22 1461.50 445.47 6.25 3.12 3.53 11.4 3.76 incl. 1441.00 439.22 1448.00 441.35 2.13 1.07 6.00 10.9 6.22 incl. 1457.00 444.09 1461.50 445.47 1.37 0.69 5.54 8.9 5.72 BT12-186D Joss 1172.00 357.23 1214.00 370.03 12.80 6.40 3.91 2.2 3.95 incl. 1203.00 366.67 1210.50 368.96 2.29 1.14 5.57 1.7 5.60 1284.50 391.52 1310.50 399.44 7.92 3.96 5.52 4.2 5.60 incl. 1303.00 397.15 1310.50 399.44 2.29 1.14 8.88 2.9 8.94 1695.50 516.79 1713.00 522.12 5.33 2.67 4.29 2.4 4.34 incl. 1695.50 516.79 1703.00 519.07 2.29 1.14 5.94 0.8 5.96 incl. 1711.00 521.51 1713.00 522.12 0.61 0.30 9.93 14.5 10.22 BT13-187D Ward's Gulch 1002.50 305.56 1050.00 320.04 14.48 7.24 2.50 7.8 2.66 incl. 1021.50 311.35 1029.00 313.64 2.29 1.14 4.73 16.0 5.05 1264.00 385.27 1267.00 386.18 0.91 0.46 14.55 6.5 14.68 BT13-188D Ward's Gulch 1277.00 389.23 1296.50 395.17 5.94 2.97 2.41 14.6 2.70 1488.00 453.54 1490.00 454.15 0.61 0.30 3.68 227.0 8.22 BT13-189D Ward's Gulch 1297.00 395.33 1302.00 396.85 1.52 0.76 6.13 8.8 6.31 BT13-190D Ward's Gulch 1197.00 364.85 1200.00 365.76 0.91 0.46 5.47 3.2 5.53 BT13-191D Ward's Gulch 1363.00 415.44 1367.00 416.66 1.22 0.61 5.67 1.7 5.70 1490.00 454.15 1494.00 455.37 1.22 0.61 15.75 24.7 16.24 BT13-192D Ward's Gulch 1352.00 412.09 1383.00 421.54 9.45 4.72 2.10 21.4 2.53 1715.50 522.88 1718.50 523.80 0.91 0.46 3.88 4.9 3.98 BT13-193D Ward's Gulch 1149.50 350.37 1160.00 353.57 3.20 1.60 5.00 1.2 5.02 1169.75 356.54 1177.50 358.90 2.36 1.18 4.80 1.1 4.82 1946.50 593.29 1948.00 593.75 0.46 0.23 7.06 94.3 8.95
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Owners rs Initial ial Intere rest Cl Clai aims Acre res Pa Payment at at Cl Close Addit ditio ional al Pay ayments US$ S$ NSR R Ro Royalty Roya yalty y Bu Buy- Ba Back US$ S$ Residu idual Buyout US$ S$ C$ C$ Sha hare res Pr Priv ivate Indiv ividu idual als 100% 11 220 $202,500 nil US$800,000
2.0% $2 MM NA Bu Bullrun/ UMR MR 75% 68 1,405 nil 3.00 MM nil 1.0% $2 MM $500,000 In 5 yrs Otis is G Gold Co Corp 100% 16 331 $100,000 2.75 MM nil 1.0% $2 MM NA TOTA TAL 95 95 1, 1,95 956 $302 302,50 500 5.7 .75 MM MM $800 800,00 000
5 yr yrs 1-2% 2% $6 M $6 MM $500 500,00 000 In 5 n 5 yr yrs Note: See June 30, 2017 press release for details.
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Table Notes:
1Based on historic drill hole data. Results have not been independently confirmed. 2Estimated true widths are near drilled widths for the Little Chief Mine. Estimated true widths for
the Little Chief Extension are approximately half the drilled width.
30.0292 troy ounces gold per short ton equals 1 gram gold per metric tonne.
Area Hole Number From (feet) To (feet) Drilled Width2 (feet) Au (oz/ton)3 Au (gm/tonne)3 Little Chief Mine ACR90-160 50 50 0.030 1.03 ACR90-170 135 195 60 0.026 0.89 Little Chief Extension ACR89-55 70 175 105 0.088 3.01 ACR90-119 40 155 115 0.095 3.25 ACR90-122 70 95 25 0.031 1.06 ACR90-122 205 245 40 0.069 2.36
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arnest, Geologic Consultant – 30 years’ domestic and international mining industry experience, with special emphasis on precious metal (gold, silver) deposits, base metal (copper, lead, zinc, molybdenum) deposits, and uranium deposits. B.Sc. (Geology). Qualified Person (QP) for Canada National Instrument 43-101 Technical Reports.
ic Klepfer, Environmental and Permitting Consultant – 30 years’ experience in mining and permitting with Noranda Minerals Corp., Kaiser Steel Corp., Newmont, Placer Dome, USMX, Coeur d’Alene Mines and Mines Management. Mr. Klepfer has extensive permitting experience in Idaho. B.Sc. (Mining).
ert, Strategic Advisor - most recently CEO and director of Andean Resources Limited.
million ounces of gold as well as through subsequent feasibility studies, financings and
Hubert was an executive with Meridian Gold. B.Sc. (Chemical Engineering) and MBA.
Tye W. Burt, Strategic Advisor – extensive experience in the global mining & metals industry and investment banking. Principal of Carbon Arc Capital Investments Inc. Member of the Board of ArcelorMittal, Chair of Urthecast Corp., Vice-Chair of the Royal Ontario Museum Foundation Governors, former Chair of the University of Guelph’s $200mm “Better Planet Project”
Barrick Gold. Former Chairman, Deutsche Bank Canada and Global Managing Director of Metals & Mining, Deutsche Bank AG. Former Managing Director and Co-Head of the Mining Group, Burns Fry Ltd. and BMO Nesbitt Burns. BA and LLB.
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1. 1. Bear artrac ack Historic ic Reso source Est stimate (p (page 8 & 17 17): 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. 2. Arnett Creek His istoric ic Reso source (pa page 9 & 18 18): 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
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
3. 3. Co Combin ined Pr Produ ductio ion & His istoric ic Reso source fr from
page 11 11): 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 Creek1 and 1,299,000 oz of gold in post-mining historic resources at Beartrack See Endnote 2. 4. 4. Analysi sis of Marke ket Va Value and nd Resources es (pa page 21 21): Refer to Company analysis on page 20.
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