Revival Gold Inc · TSXV:RVG
Revival Gold — Investor Presentation (August 2020)
33 slides from Revival Gold's investor presentation, Aug 6, 2020
Slide 1: Corporate Presentation
TSX-V: RVG revival-gold.com OTCQB: RVLGF Corporate Presentation 6th August 2020 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: The Fed Can't Print Gold
“THE FED CAN’T PRINT GOLD” 1 Increasingly rare and in demand 150 COVID-19 pandemic rocks global capital markets… 120 90 US$11 trillion bailout3 Gap2 60 New sources of gold to 30 feed growing demand increasingly rare. 0 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021 Global Gold Discoveries (M
Slide 4: Revival Gold Inc.
REVIVAL GOLD INC. A growth company in gold • Advancing the Beartrack-Arnett Gold Project located in Idaho ▪ Largest past-producing gold mine in the state ▪ 2nd largest known deposit of gold in the state ▪ Gold only, multi-million-ounce resource • Outstanding exploration and development potential ▪ P
Slide 5: Capital Structure
CAPITAL STRUCTURE Street Research Mean Target Price Strong institutional ownership $1.90/share 4% Basic Shares 70.2 M YRI 11% Management Opts & Wrts 13.4 M Fully-Diluted Shares 83.5 M 42% Cash (6th Aug ‘20) C$14.8 M 17% Institutional* Retail Share Price (6th Aug ‘20) C$1.19 52-week Hi/Low C$1.45/C$0
Slide 6: Key Leadership
KEY LEADERSHIP Hugh Agro Wayne Hubert Adam Rochacewich Steve Priesmeyer President & CEO Non-Exec Chairman VP and CFO VP Exploration B.Sc. (Mining B.Sc. (Chemical B.Comm., CPA, CA B.Sc., M.Sc. (Geology). Engineering), MBA, Engineering), MBA C.P.G. Accounting and finance P.Eng. Former CEO of professio
Slide 7: 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 8: Beartrack-Arnett
BEARTRACK-ARNETT Former producer – open pit, heap leach mine produced 100,000 oz Au/yr in 1990’s1 • Land position re-assembled in 2017-18 • RPA February 20202 resource: ▪ 1.35 million oz @ 1.16 g/t Au Indicated • 264 k oz at 0.58 g/t Au in open pit heap leach • 1.0 m oz at 1.5 g/t Au in open pit mil
Slide 9: Land Position – 5,400 Hectares
LAND POSITION – 5,400 HECTARES TSX-V: RVG | OTCQB: RVLGF 9
Slide 10: Beartrack: Significant Potential Over +5 km
BEARTRACK: SIGNIFICANT POTENTIAL OVER +5 km TSX-V: RVG | OTCQB: RVLGF 10
Slide 11: Beartrack Underground
BEARTRACK UNDERGROUND Drill tested to 600 m at depth and open • Higher grades at depth: • 8.5 g/t Au over 2.7 m in South Pit area (pictured right) • 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 • RPA resource include
Slide 12: Target Rich Land Position
TARGET RICH LAND POSITION Aeromagnetic geophysics survey 2 km diameter, shallow (approx. 300-meter-deep) magnetic high located below gold mineralization in the Haidee area Under cover structures at Rabbit See Revival Gold August 12th, 2019 press release for summary aeromagnetic results. TSX-V: RVG |
Slide 13: Priority Drilling Objectives
PRIORITY DRILLING OBJECTIVES TSX-V: RVG | OTCQB: RVLGF 13
Slide 14: 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 15: Beartrack Site
BEARTRACK SITE Offers “head start” on potential new leach operation • 32 miles by road from Salmon, Idaho (population 3,100) • 69 kva power line (5-6 cents/kwh), water, roads • Leach ponds, ADR plant structure, cyanidation permit, water treatment plant • 11,000 sq. ft core facility TSX-V: RVG | OTCQ
Slide 16: Responsible Mining is Welcome in Idaho
RESPONSIBLE MINING IS WELCOME IN IDAHO TSX-V: RVG | OTCQB: RVLGF 16
Slide 17: What is Next?
WHAT IS NEXT? Building a great growth company in gold 2020 2021 - 2022 Heap Leach Re-start PEA Resource Updated Exploration Resource Update ? BEARTRACK Resource mapping, Priority Drilling Targets Expansion - ARNETT Released ground Haidee, Rabbit, Joss Drilling Feb/20 geophysics 20,000 tpd Environmen
Slide 18: Relative Value
RELATIVE VALUE Source: RBC Capital Markets July 2020; annotated by Revival Gold. TSX-V: RVG | OTCQB: RVLGF 18
Slide 19: Revival Gold Inc.
REVIVAL GOLD INC. FAST PROVEN COMPELLING TRACKING … PROPERTY… OPPORTUNITY… • Veteran gold team • Brownfield site • Gold price on the rise • Fully funded • Past producer at much • Growing interest in exploration program lower gold prices N. American gold • Phase one PEA • Significant “head assets und
Slide 20: 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 ADAM ROCHACEWICH | CFO info@revival-gold.com 416-366-4100 20
Slide 21: Appendix
——— APPENDIX 21
Slide 22: Property Agreements
PROPERTY AGREEMENTS Beartrack: Key terms with subsidiary of Yamana Gold announced September 7, 2017 (as amended May 8, 2019 and May 20, 2020) • 1 MM shares and US$250,000 paid on close; further 3mm shares due over four years (of which 2 MM shares have been paid to date) • US$10.0 MM in exploration o
Slide 23: Beartrack-Arnett 2020 Resource
BEARTRACK-ARNETT 2020 RESOURCE TSX-V: RVG | OTCQB: RVLGF Notes on next page; see Beartrack-Arnett RPA TR dated February 21st, 2020 for further details. 23
Slide 24: Beartrack-Arnett 2020 Resource (cont'd)
BEARTRACK-ARNETT 2020 RESOURCE (cont’d) 1 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves dated May 10, 2014 (CIM (2014) definitions) were used for Mineral Resource classification reported in this press release. Mineral Res
Slide 25: 2020 Resource Parameters
2020 RESOURCE PARAMETERS TSX-V: RVG | OTCQB: RVLGF Notes on page 27; see Beartrack-Arnett RPA TR dated February 21st, 2020 for further details. 25
Slide 26: 2020 Resource – Gold Price Sensitivity
2020 RESOURCE – GOLD PRICE SENSITIVITY Assumed Gold Resource Category2 Tonnes Gold Grade Contained Gold Price (‘000) (g/t Au) Ounces ($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 Indica
Slide 27: 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 Bea
Slide 28: 2020 RPA Resource Block Model
2020 RPA RESOURCE BLOCK MODEL Beartrack +5 km trend – multiple targets MOOSE WARD’S NORTH PIT SOUTH PIT GULCH ? JOSS Open north & along ? strike US$1400 Au Resource Pit Shell Open at depth (0.52 g/t Au cut-off) 0.52 to < 0.75 g/t Au Open at depth Open south & 0.75 to < 1.0 g/t Au along strike Beartr
Slide 29: 2020 RPA Resource Block Model (cont'd)
2020 RPA RESOURCE BLOCK MODEL (cont’d) Leach and Mill Resource Distribution - Beartrack WARD’S NORTH PIT MOOSE SOUTH PIT GULCH JOSS Beartrack 3D Block Model – N-W View Blocks By Destination Shown Leach Material Mill Material TSX-V: RVG | OTCQB: RVLGF See Revival Gold press release dated February 3,
Slide 30: Arnett: Opportunities Beyond Haidee
ARNETT: OPPORTUNITIES BEYOND HAIDEE Arnett soil sample survey See Revival Gold press release dated November 21st, 2019 for further details. TSX-V: RVG | OTCQB: RVLGF 30
Slide 31: BT South Pit Zone Core
BT SOUTH PIT ZONE CORE BT17-204D BT17-203D 78.3 m to 81.1 m 4.07 g/t Au 101.6 m to 103.4 m 3.97 g/t Au Yellowjacket Formation Mylonitized Rapakivi Granite, (also known (metasedimentary unit), oxide zone as Quartz Monzonite), sulfide zone TSX-V: RVG | OTCQB: RVLGF 31
Slide 32: Arnett - Haidee Zone Core
ARNETT - HAIDEE ZONE CORE 1 3 2 4 AC18-13D 6.1 m @ 1.9 g/t Au from 1. 0.38 g/t Au 54.9 m to 60.0 m 2. 5.32 g/t Au 3. 0.75 g/t Au 4. 1.15 g/t Au TSX-V: RVG | OTCQB: RVLGF 32
Slide 33: 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 ADAM ROCHACEWICH | CFO info@revival-gold.com 416-366-4100 33