Revival Gold Inc · TSXV:RVG
Revival Gold — Investor Presentation (October 2020)
28 slides from Revival Gold's investor presentation, Oct 29, 2020
Slide 1: Pursuing a Revival in Gold
TSX-V: RVG Beartrack-Arnett Project revival-gold.com OTCQB: RVLGF October 29, 2020 Lemhi County, Idaho PURSUING A REVIVAL IN GOLD
Slide 2: Cautionary Notes
CAUTIONARY NOTES Cautionary Note This document has been prepared by Revival Gold Inc. (“Revival Gold” or, the “Company”) for evaluation of the Company by the recipient. The information contained in this presentation is derived from estimates made by the Company, information that has been provided to
Slide 3: Positioned in North America
POSITIONED IN NORTH AMERICA N.A. is the 2nd largest gold- producing region in the world1 Fraser Institute ranks Idaho ahead of Ontario, Chile, Quebec, BC and Yukon2 Source: 1World Gold Council ; 2Fraser Institute 2019 Survey of Investment Attractiveness for exploration & mining. TSX-V: RVG | OTCQB:
Slide 4: Beartrack-Arnett
BEARTRACK-ARNETT Former producer – open pit, heap leach mine produced 100,000 oz gold p.a. in 1990’s1 • Land position re-assembled in 2017-18 • RPA February 20202 resource: ▪ 10-15 ktpd heap leach and 20 ktpd mill scenario ▪ 1.35 million oz @ 1.16 g/t Au Indicated Resource ▪ 1.64 million oz @ 1.08 g
Slide 5: 2020 Exploration Program
2020 EXPLORATION PROGRAM • 10,000 m of core drilling • 5,000 m at Arnett & 5,000 1 m at Beartrack 4 1. Haidee 2. Rabbit 3. Joss 4. Between North and South Pits • 83 line-km of IP-RES 3 • Geologic mapping & sampling 2 See Revival Gold August 19th, 2020 press release for further details. TSX-V: RVG |
Slide 6: Beartrack Site
BEARTRACK SITE Beartrack Site /Grid Power Offers “head start” on potential restart of leach operation • 32 miles by road from Salmon, Idaho (population 3,100) • 69 kva grid power to site (5-6 cents/kwh), water, roads Existing • Leach ponds, ADR plant, cyanidation ADR Facility permit, water treatment
Slide 7: Land Position – 5,400 Hectares
LAND POSITION – 5,400 HECTARES TSX-V: RVG | OTCQB: RVLGF 7
Slide 8: Mackinaw District Geology
MACKINAW DISTRICT GEOLOGY • Proterozoic metasedimentary rocks • Proterozoic rapakivi granite • Cambro-Ordovician Alkaline Intrusive Complex • Cretaceous granodiorite Beartrack • Tertiary granite (Bobcat Gulch) Arnett • Eocene Challis Volcanics & dikes • Cenozoic deposits (gravels, volcaniclastics &
Slide 9: Project Geology – Beartrack
PROJECT GEOLOGY – BEARTRACK • Au only • Hosted by Proterozoic rocks • Related to regional, long-lived NNE-trending fault system - PCSZ • Lateral and vertical continuity: five deposits over 5 km of strike • Mineralization: stockwork of quartz, pyrite, arsenopyrite • Alteration: sericitic, silicic • G
Slide 10: Beartrack - Significant Potential Over +5 km
BEARTRACK - SIGNIFCANT POTENTIAL OVER +5 KM open open open open open TSX-V: RVG | OTCQB: RVLGF 10
Slide 11: Beartrack Underground
BEARTRACK UNDERGROUND Drill tested to 600 m at depth and open Cross Section • Higher grades at depth: • 8.5 g/t Au over 2.7 m in South Pit area • 6.6 g/t Au over 8.2 m, 6.7 g/t Au over 4.5 m, 8.8 g/t Au over 3.0 m in Joss area • 71 g/t Au over 9.8 m in the Ward’s Gulch area (pictured right) • Struct
Slide 12: Project Geology – Arnett
PROJECT GEOLOGY – ARNETT • Au only • Hosted by Cambro-Ordovician alkaline rocks Haidee • Oxidized to depth drilled • NE-trending, moderately SW dipping mineralized zones • Mineralization – sheeted veinlets of quartz, FeOx (pyrite) • Alteration – potassic, hypogene oxidation, sericitic • Geochemistry
Slide 13: Arnett: Opportunities Beyond Haidee
ARNETT: OPPORTUNITIES BEYOND HAIDEE Arnett soil geochemistry See Revival Gold press release dated November 21st, 2019 for further details. TSX-V: RVG | OTCQB: RVLGF 13
Slide 14: Regional Geology Geochronology
REGIONAL GEOLOGY GEOCHRONOLOGY IGNEOUS EVENTS MINERALIZING EVENTS • Megacrystic (rapakivi) granite 1370 Ma • Idaho Cobalt Belt3 1349 Ma • Cambro-Ordovician syenite/alkali 486-477 Ma granite • Idaho Batholith Atlanta lobe1 98-67 Ma • Qtz-Au-Bi veinlets, Cobalt4 83 Ma Bitterroot lobe1 66-54 Ma • Arnet
Slide 15: Mackinaw District Geochronology
MACKINAW DISTRICT GEOCHRONOLOGY • Bobcat Gulch Cu-Mo – 47 Ma 83 Ma • Beartrack Au – 68 Ma 47 Ma 77 Ma • ARN Mo – 77 Ma • Arnett Au - 80 Ma 80 Ma • Idaho Batholith - 83 Ma 68 Ma • Arnett Alkaline Intrusive Complex – 489 Ma to 477 Ma TSX-V: RVG | OTCQB: RVLGF Source: Revival Gold; Meridian Gold; Evans
Slide 16: Thank You for Your Time!
THANK YOU FOR YOUR TIME! TSX-V: RVG | OTCQB: RVLGF 16
Slide 17: Revival Gold Inc.
TSX-V: RVG OTCQB: RVLGF revival-gold.com REVIVAL GOLD INC. 145 King St. W., Suite 2870 Toronto, Ontario M5H 1J8 HUGH AGRO | President & CEO STEVE PRIESMEYER| VP EXPLORATION info@revival-gold.com 416-366-4100 17
Slide 18: Appendix
——— APPENDIX 18
Slide 19: Beartrack-Arnett 2020 Resource
BEARTRACK-ARNETT 2020 RESOURCE TSX-V: RVG | OTCQB: RVLGF Notes on next page; see Beartrack-Arnett RPA TR dated February 21st, 2020 for further details. 19
Slide 20: Beartrack-Arnett 2020 Resource (cont'd)
BEARTRACK-ARNETT 2020 RESOURCE (cont’d) 1 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves dated May 10, 2014 (CIM (2014) definitions) were used for Mineral Resource classification reported in this press release. Mineral Res
Slide 21: 2020 Resource: Parameters
2020 RESOURCE: PARAMETERS Notes on page 28; see Beartrack-Arnett RPA TR TSX-V: RVG | OTCQB: RVLGF dated February 21st, 2020 for further details. 21
Slide 22: 2020 Resource: Gold Price Sensitivity
2020 RESOURCE: GOLD PRICE SENSITIVITY Assumed Gold Resource Category2 Tonnes Gold Grade Contained Gold Price (‘000) (g/t Au) Ounces ($US/oz Au) (‘000) $1200 Indicated 33,652 1.21 1,307 $1300 Indicated 35,062 1.18 1,331 $1400 Indicated 36,416 1.16 1,353 $1500 Indicated 37,455 1.14 1,368 $1600 Indicat
Slide 23: 2020 Resource: Parameters (cont'd)
2020 RESOURCE: PARAMETERS (cont’d) 1 Gold grades based on cyanide soluble analysis methods. Equivalent to approximately 70% of contained gold. 2 Gold grades based on fire assay methods. 3 US$0.50/tonne and US$1/tonne processed G&A for incremental underground and open pit resources respectively. 4 Be
Slide 24: 2020 Resource: Statistics
2020 RESOURCE: STATISTICS Drill Hole Data Beartrack (core & RC holes) Arnett (only core holes used) Number Meters Number Meters Pre-2012 (Meridian) 471 64,084 11 1,337 Post-2012 (Yamana & RVG) 53 22,625 28 4,758 Total 524 86,709 39 6,095 … includes core holes 226 39 … of which RVG drilled (‘17-’19)
Slide 25: Evolution of Beartrack Block Model
EVOLUTION OF BEARTRACK BLOCK MODEL Expanding – limited only by drilling to-date 1996 with follow-up drilling 2018 with follow-up drilling +50% 2020 3D view looking down and to the N-W; Topo surface in grey; blocks shown in red are all above 0.27 g/t TSX-V: RVG | OTCQB: RVLGF Au. See Beartrack-Arnett
Slide 26: Favourable Metallurgy
FAVOURABLE METALLURGY Oxide/Heap Leach Material • Beartrack previously operated as a heap leach mine • Processed at 13,600 tpd of heap leach material with a 2-stage crush to minus 2-inch size • Recovery averaged 88% of cyanide soluble gold (approximately 70% of contained gold)1. • Arnett has been th
Slide 27: Regional Geochronology References
REGIONAL GEOCHRONOLOGY REFERENCES 1 Gaschnig R. M. et al, 2011, Isotopic Evolution of the Idaho 7 Lund, K., Snee, L.W. and Evans, K.V., 1986, Age and Genesis Batholith and Challis Intrusive Province, Northern US of Precious Metal Deposits, Buffalo Hump District, Central Cordillera: Journal of Petrol
Slide 28: Revival Gold Inc.
TSX-V: RVG OTCQB: RVLGF revival-gold.com REVIVAL GOLD INC. 145 King St. W., Suite 2870 Toronto, Ontario M5H 1J8 HUGH AGRO | President & CEO STEVE PRIESMEYER| VP EXPLORATON info@revival-gold.com 416-366-4100 28