Revival Gold Inc. announced results from the first twelve of eighteen core holes drilled in the Haidee deposit area during the Company's 2022 exploration program at the Beartrack-Arnett Gold Project located in Idaho, USA. Each of the twelve holes released on January 9, 2023 intersected above cut-off grade, near-surface oxidized gold mineralization. Highlights: 1.12 g/t gold over 18.0 meters and 0.36 g/t gold over 32.8 meters in AC22-097D; 0.81 g/t gold over 30.1 meters1 and 0.53 g/t gold over 16.9 meters in AC22-100D; 0.76 g/t gold over 19.8 meters in AC22-092D; and 0.53 g/t gold over 35.8 meters, 0.53 g/t gold over 29.3 meters and 0.40 g/t gold over 14.7 meters in AC22-095D.

The 2022 drilling program at Haidee was designed to upgrade and expand the deposit's current Inferred heap leachable Mineral Resource. A total of 18 holes were completed for approximately 2,900 meters. Results to-date from the 2022 drilling program are consistent with those from previous drilling.

They will help support this year's Preliminary Feasibility Study (PFS) on the first phase re-start of heap leach operations at Beartrack-Arnett and they further validate the potential for future up-dip and down-dip additions to the current Mineral Resource. Results for the remaining six core holes from the 2022 program at Haidee are expected by the end of January. QA/QC Program: Quality Assurance/Quality Control consists of the regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream.

Check samples are submitted to an umpire laboratory at the end of the drilling program. Sample results are analyzed immediately upon receipt and all discrepancies are investigated. Samples are submitted to the ALS Geochemistry sample preparation facility in Twin Falls, Idaho.

Gold analyses are performed at the ALS Geochemistry laboratory in Reno, Nevada or Vancouver, British Columbia, and multi-element geochemical analyses are completed at the ALS Minerals laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab. Gold assays are determined on samples consisting of half drill core by fire assay and AAS on a 30-gram nominal sample weight (Au-AA23) for Beartrack, and Fire Assay and AAS on a 50-gram nominal sample weight (Au-AA24) for Arnett.

For shallow holes, targeting leachable mineralization, gold content is also determined by cyanide leach with an AAS finish on a nominal 30-gram sample weight (Au-AA13). Multi element geochemical analyses are completed on selected drill holes using the ME-MS 61M method.