Revett Reports Q2 2014 Financial Results and provides Troy Mine Development Update - Seite 2

The Company is nearing completion of the initial phase of development to resume production at Troy. Steel-reinforced concrete arches have been successfully stood through the B Faults in both the east and west drives. As of August 8, 2014, the Company has completed 5,622 feet of development against 7,500 feet of planned development. The east decline is approximately 812 feet from the mineralized area of the North C Bed orebody. The project remains on schedule and within budget for development of the North C Beds before the end of this quarter with re-start of the mill and limited commercial production anticipated in the fourth quarter of this year.

From the North C Beds, an additional 5,900 feet of single decline is required to access the I Beds. If development continues as planned, it is estimated that full production may resume by mid-2015

John Shanahan, Revett's President and CEO stated "We remain very pleased with our development efforts at Troy as we look to return to a limited level of commercial production in the fourth quarter. Our crews are to be congratulated for the work that has been done to date. Returning to operation at Troy will enable us to meet our key objectives of being a safe and efficient operator at Troy while completing permitting and developing the Rock Creek project".

Quarterly Financial Results Conference Call

Revett has scheduled a conference call to discuss its second quarter 2014 financial results on Tuesday August 12, 2014, at 11:30 am (ET).

To participate in the call, North American callers can call 1-888-231-8191 and International callers can call [phone]. Please dial in to the call approximately five to ten minutes prior to the scheduled start time of the call.

The conference call and all questions and answers will be recorded and made available until August 26, 2014. To listen to the recording, call toll free [phone] or [phone] and enter the access code 85132245.

About Revett

Revett Mining Company, through its subsidiaries, owns and operates the Troy Mine in Lincoln County, Montana and development-stage Rock Creek Project located in Sanders County, Montana, USA. The proven reserves at the Troy Mine and significant resources at the Rock Creek project form the basis of Revett's plan to become a premier mid-tier base and precious metals producer.