Rye Patch Gold Corp.

Published : October 17th, 2007

Expands Section Line Discovery on Wilco Project

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No. 07 - 09

Rye Patch Gold Expands Section Line Discovery on Wilco Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 17, 2007) - Rye Patch Gold Corp (TSX VENTURE:RPM)(TSX VENTURE:RPM.WT) ("Rye Patch Gold" or the "Company") is pleased to report gold assay results for drillholes WR-014 to WR-029 from the Company's phase-one drilling program completed this summer on the Wilco project. Gold assay results from reverse circulation drillholes WR-001 to WR-013 were released on September 24, 2007, in press release 07-07.

Starting mid-July and ending in September, forty-eight reverse circulation drillholes were completed on the Wilco project totalling 30,520 feet (9,305 metres). The majority of the drilling, 38 drillholes, was completed in the Willard resource area in four target zones - E-W Draw, Willard Hill, South Area and Section Line. Table 1 summarizes drill interval results, using a 0.01 opt (0.34 g/t) cutoff for intervals greater than 10 feet (3 metres), for Willard Hill, E-W Draw, and additional drillholes completed in the new discovery in the Section Line target area.


                  Target       Au   interval    From      To
Drillhole           Area   oz/ton       feet    feet    feet
WR014       Willard Hill    0.014         50       0      50
WR015       Willard Hill    0.010         10       0      10
WR015       Willard Hill    0.016         25      25      50
WR015       Willard Hill    0.025         10     360     370
WR016       Willard Hill                 NSV
WR017       Willard Hill    0.010         10      10      20
WR017       Willard Hill    0.036         10     110     120
WR018       Willard Hill    0.016         10      80      90
WR019       Willard Hill    0.014         15      85     100
WR020       Willard Hill    0.011         15      25      40
WR020       Willard Hill    0.015         45      90     135
WR021       Willard Hill    0.010         10     120     130
WR021       Willard Hill    0.017         10     335     345
WR021       Willard Hill    0.024         15     400     415
WR022       Willard Hill    0.022         15     125     140
WR022       Willard Hill    0.015         65     265     330
WR023       Section Line    0.021         65     500     565
WR024       Section Line    0.027         10     215     225
WR024       Section Line    0.116         10     245     255
WR024       Section Line    0.012         15     580     595
WR025       EW Draw                      NSV
WR026       EW Draw         0.014         35     280     315
WR027       EW Draw                      NSV
WR028       Section Line    0.011         30     305     335
WR028       Section Line    0.029         20     410     430
WR028       Section Line    0.018        105     565     670
WR029       Section Line    0.015         30     540     570
                      TD       Au   interval    From      To       TD
Drillhole          (feet)     g/t     metres  metres  metres  (metres)
WR014                685     0.48       15.2     0.0    15.2    208.8
WR015                        0.34        3.0     0.0     3.0
WR015                385     0.54        7.6     7.6    15.2    117.3
WR015                        0.86        3.0   109.7   112.8
WR016                750                 NSV                    228.6
WR017                        0.36        3.0     3.0     6.1
                     600                                        182.9
WR017                        1.23        3.0    33.5    36.6
WR018                735     0.53        3.0    24.4    27.4    224.0
WR019                600     0.50        4.6    25.9    30.5    182.9
WR020                        0.38        4.6     7.6    12.2
                     450                                        137.2
WR020                        0.51       13.7    27.4    41.1
WR021                        0.34        3.0    36.6    39.6
WR021               1345     0.58        3.0   102.1   105.2    410.0
WR021                        0.82        4.6   121.9   126.5
WR022                        0.75        4.6    38.1    42.7
                     645                                        196.6
WR022                        0.51       19.8    80.8   100.6
WR023                645     0.70       19.8   152.4   172.2    196.6
WR024                        0.93        3.0    65.5    68.6
WR024                645     3.98        3.0    74.7    77.7    196.6
WR024                        0.41        4.6   176.8   181.4
WR025                905                 NSV                    275.8
WR026                605     0.48       10.7    85.3    96.0    184.4
WR027                900                 NSV                    274.3
WR028                        0.38        9.1    93.0   102.1
WR028                700     0.99        6.1   125.0   131.1    213.4
WR028                        0.62       32.0   172.2   204.2
WR029                650     0.51        9.1   164.6   173.7    198.1
NSV equals No Significant Values
Drillholes WR-014 to WR-022 were completed in the Willard Hill target area where most of the previous mining activity took place. The shallow oxide gold mineralization intercepted in this area is localized within fractured to brecciated siltstone above the structural contact with an underlying claystone lithology. This zone is the surface exposure and correlative with the newly discovered mineralized zone at the Section Line target. No significant mineralization was found in the underlying claystone.

Drillholes WR-025 and WR-027 were drilled north and west of the E-W Draw pit to test for an extension of the gold zone intercepted by drillholes located within the E-W Draw pit. Neither hole returned significant mineralization. Geologic information from these holes suggests the existence of an E-W fault separating WR-025 and WR-027 from the E-W Draw gold zone.

Drillholes WR-023, WR-024, WR-028 and WR-029 were completed in the Section Line target area and extend the newly discovered mineralization to the north, south and east. Results from the drillholes designed to extend the gold zone to the west are pending. Drillhole WR-28 shows an increasing thickness of the gold zone to the north. Follow up of these encouraging results is underway with a core hole designed to extend the gold mineralization to the north, give a better understanding of the host lithology and structure, and test for a possible feeder zone.

The drillholes presented in the table intersected intervals of low-grade gold mineralization greater than 0.005 opt (0.17 g/t). These intervals did not meet the rigorous cutoff criteria used to define the results table, but show significant thicknesses of low-grade gold material. As an example, drillhole WR-028 intersected 155 feet of 0.008 opt (47.2 metres of 0.27 g/t) oxidized mineralization from 205 feet to 360 feet (62.5 metres to 110 metres).

All but five of the forty-eight reverse circulation drillholes were directionally surveyed. The majority of the holes were drilled at an angle to intersect potentially high-grade structural zones.

William C. (Bill) Howald, CEO and President stated, "I am thrilled with the results that we have received to date from the Wilco project. The Sectional Line discovery is certainly expanding and gaining significance for the project, while the geologic correlation of the lower zone with areas mined in the Willard pits could have a profound effect. Previous operators did not test this zone so the potential below the older, shallow drillholes could be significant. In addition, the Section Line drill intercepts may increase the Wilco oxide resource at Willard. Since this potentially oxidized zone appears to correlate with the near-surface gold zone at Willard Hill, the geometry of the new discovery zone could be amenable to an open-pit mining configuration."

Drilling at Wilco is continuing, with one Major Drill core rig on a 3,000 feet (914 metre) core program. Three of five core holes totalling 2,123 feet (647 metres) are complete and are being logged and prepped for gold analysis. The core program is scheduled for completion in late October with final assays anticipated in late November.

Gold assays from the remaining reverse circulation drillholes will be released as they become available within the next 4 weeks. All new assay data will be incorporated into a year end resource update for the Colado and Willard resource areas. This update is anticipated in the 1st quarter of 2008.

Dr. Radu Conelea, AIPG Certified Professional Geologist #06871, the Company's Chief Geologist, is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical work on the exploration program and has reviewed the technical disclosure in this press release.

Mr. Shea Clark-Smith is overseeing the gold assay and geochemical quality control and assurance programs for Rye Patch Gold's Wilco project. He is responsible for creating, administering, and monitoring sample preparation and analytical QA/QC procedures for the drilling program. In sum, the QA/QC procedures will provide several measures of data quality and assure the Company that the data is representative of the original sample.

Samples are transported from the Wilco project to the ALS Chemex sample preparation facility in Winnemucca, Nevada, by Chemex personnel. All analytical testing is performed utilizing industry standard analytical techniques. Gold was analyzed using fire assay on a 30-gram sample with an atomic absorption finish.

Rye Patch Gold Corp. is a Nevada-focused and discovery-driven company building a sizeable inventory of gold resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in acquisition, exploration and development of quality resource-based gold projects. Rye Patch Gold is developing its primary asset - the advanced-stage Wilco project located within the Humboldt Gold Trend in west-central Nevada and has also acquired the Jessup project in Churchill County, Nevada.

Rye Patch Gold trades on the TSX Venture Exchange under the symbol RPM and the Company's warrants trade under the symbol RPM.WT. For more information about Rye Patch Gold, please visit our website at www.ryepatchgold.com.

On behalf of the Board of Directors

William C. (Bill) Howald, CEO & President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Suite 1740 - 1177 West Hastings St., Vancouver, BC, V6E 2K3, Canada
Phone 604-638-1588    Fax 604-638-1589    www.ryepatchgold.com

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Rye Patch Gold Corp.

ISIN : CA7837271005
CUSIP : 783727 10 0
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Rye Patch Gold is a gold exploration company based in Canada.

Rye Patch Gold holds various exploration projects in USA.

Its main exploration properties are LINCOLN HILL, JESSUP, WILCO, GARDEN GATE PASS and GOLD RIDGE NEVADA in USA.

Rye Patch Gold is listed in Canada. Its market capitalisation is CA$ 410.5 millions as of today (US$ 318.7 millions, € 273.4 millions).

Its stock quote reached its lowest recent point on February 20, 2009 at CA$ 0.10, and its highest recent level on January 19, 2018 at CA$ 1.66.

Rye Patch Gold has 387 300 000 shares outstanding.

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Financings of Rye Patch Gold Corp.
12/24/2009Closes First Tranche Of Private Placement
12/15/2009Announces Private Placement
12/15/2008Announces Private Placement
5/16/2008Rye Patch Announces Follow-Up Private Placement
5/16/2008Rye Patch Closes $1.25 Million Private Placement
Option Grants of Rye Patch Gold Corp.
6/11/2008Grants Stock Options
Nominations of Rye Patch Gold Corp.
10/22/2007Hires Manager Of Investor Relations
Project news of Rye Patch Gold Corp.
2/14/2014Discusses Exploration Programs And Budget For 2014
12/31/2013Coeur Rochester Mine Royalty Starts At Midnight
8/6/2013Quantifies 3.4% NSR Coeur Rochester Mine Royalty
5/9/2013(Lincoln Hill)Reports Lincoln Hill Exploration Update
5/8/2013Reports LH Claims Exploration Results
2/21/2013Expands Mystic And South Packard Pediment Silver-Gold Zones ...
10/1/2012Rye Patch Updates Gold Exploration Along the Cortez Trend
9/17/2012Rye Patch Announces Updated Gold and Silver Resources Within...
9/17/2012Rye Patch Announces Updated Gold and Silver Resources Within...
9/17/2012(Lincoln Hill)Announces Updated Gold and Silver Resources Within an Open P...
7/10/2012Rye Patch Intersects More Gold and Silver on the LH Claims
6/29/2012Rye Patch Leases Additional Land on the Rochester Project
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2/22/2012s Exploration Progress on Rochester Project
2/21/2012(Garden Gate Pass)Garden Gate Pass Project on Major Discovery Trend
2/1/2012(Gold Ridge Nevada)Reports Gold And Silver Assays From Gold Ridge
1/24/2012Stakes More Claims And Starts Drilling At Rochester
1/9/2012Makes New Gold and Silver Discoveries on the Rochester Prope...
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12/8/2011(Lincoln Hill)Announces Results of 2011 Lincoln Hill Drill Program
12/5/2011Expands Oreana Trend Holdings Stakes Mining Claims On Existi...
10/3/2011(Lincoln Hill)Finds New High-Grade Gold And Silver Zones At Lincoln Hill
9/13/2011(Garden Gate Pass)is Drilling at Garden Gate Pass Project
8/9/2011(Garden Gate Pass)is Ready to Drill Garden Gate Pass Project
7/27/2011(Wilco)Reports Metallurgical Results From Wilco
6/2/2011(Wilco)Drills Thick Gold Zone at Wilco
5/25/2011(Lincoln Hill)Starts Drilling on Jefferson Zone at Lincoln Hill
5/16/2011Resource Clips: Rye Patch Works Toward Eight Million Nevada ...
5/9/2011(Wilco)Extends North Basin High-Grade Zone At Wilco
4/20/2011(Jessup)Adds Jessup to 2011 Program and Budget
3/3/2011(Wilco)Drills More High-Grade Gold at Wilco
2/17/2011(Gold Ridge Nevada)Announces 2011 Programs and Budgets for Nevada Portfolio
2/17/2011(Wilco)Announces 2011 Programs and Budgets for Nevada Portfolio
2/17/2011(Jessup)Announces 2011 Programs and Budgets for Nevada Portfolio
2/8/2011(Lincoln Hill)Drills Thick Zones of Gold and Silver at Gold Ridge
1/25/2011(Wilco)Continues Drilling Success at Wilco
1/12/2011(Lincoln Hill)Drills New Gold and Silver Zone on Lincoln Hill
8/11/2010(Lincoln Hill)Identifies New Gold Target Along The Oreana Trend
6/30/2010(Lincoln Hill)Files Technical Report on Lincoln Hill Resource
6/7/2010(Wilco)Drills 44.5 G/T Au and 36.3 G/T Ag over 1.5 Metres at Wilco
12/10/2009(Lincoln Hill)Drills 21.19 g/t Gold Over 7.0 Metres At Lincoln Hill
11/13/2009(Lincoln Hill)Drills 15.2 G/T Gold And 308 G/T Silver Over 3 Metres At Lin...
6/11/2009(Lincoln Hill)Plans Program for High-Grade Gold at Lincoln Hill Project
6/2/2009(Jessup)Jessup Gold and Silver Resource Estimate
11/25/2008(Wilco)Drills 38.1 Metres Grading 2.61 G/T Au In New Target At Wilc...
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6/17/2008(Wilco)Begins 2008 Drilling on Wilco Project to Expand Known Gold R...
5/12/2008(Wilco)Outlines Oxide Characteristics Of Wilco Resource
3/27/2008(Jessup)Extends Gold Mineralization At The Jessup Resource Project
3/12/2008(Lincoln Hill)Discusses Progress At The Lincoln Hill/Gold Ridge Project
1/9/2008(Wilco)Drills 176 Feet Of 0.030 Opt Gold At Wilco Discovery
Corporate news of Rye Patch Gold Corp.
7/29/2016Rye Patch Announces Acquisition of the Florida Canyon Gold M...
7/9/2016Rye Patch Announces Filing of NI 43-101 Technical Report on ...
6/16/2016Rye Patch Announces Completion of Cdn$49.1 Million Private P...
6/2/2016Rye Patch Announces Cdn$40 Million Private Placement of Subs...
5/25/2016Rye Patch Signs Agreement to Acquire Florida Canyon Gold Min...
1/14/2016Rye Patch Stakes claims along Gold Ridge-Florida Canyon tren...
12/18/2015Rye Patch Amends Patty Agreement with Barrick and Provides U...
12/15/2015Caesars Report's Thibaut Lepouttre Interviewed by The Gold R...
10/29/2015Rye Patch receives $1,462,300 quarterly royalty payment
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10/19/2015U.S. Global Investors' Frank Holmes and Ralph Aldis Intervie...
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8/28/2015Rye Patch Gold Grants Stock Options
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7/16/2015Rye Patch receives $1,490,000 quarterly royalty payment
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4/16/2015Rye Patch Receives $1,850,000 Quarterly Royalty Payment
4/9/2015Rye Patch Completes Land Purchase at Lincoln Hill
4/9/2015Rye Patch Hires Lincoln Hill Project Team
4/7/2015Rye Patch Completes Land Purchase at Lincoln Hill
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3/3/2015Rye Patch Gold Buys Strategic Private Surface and Mineral Es...
3/2/2015Rye Patch Gold Appoints Tony Wood as Chief Financial Officer
2/10/2015Rye Patch Gold 2015 - Funded and Active
11/25/2014Rye Patch Updates Investors On Receipt Of Cash From Royalty
11/24/2014Rye Patch Drills High-Grade Structural Zones At Lincoln Hill
10/15/2014Rye Patch Drills High-Grade Gold At Wilco
10/6/2014Rye Patch Clarifies MD&A and Technical Disclosure
9/17/2014Rye Patch Appoints Buffington to Board of Directors
9/15/2014Rye Patch Drills 1.24 g/t AuEq Over 19.8m at Its Gold Ridge ...
9/8/2014Rye Patch Appoints VP Corporate Development
8/21/2014Rye Patch Gold Announces Stock Options Extensions
7/23/2014Rye Patch Gold Grants Stock Options
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5/28/2014Rye Patch Reports Drilling Starts at Lincoln Hill
5/21/2014Rye Patch Announces Lincoln Hill Preliminary Economic Assess...
5/9/2014Rye Patch Gold Appoints New Chairman
12/11/2013(Lincoln Hill)Receives Positive Metallurgical Results From Lincoln Hill
7/12/2013Grants Stock Options
6/25/2013And Coeur Reach Settlement On LH Claim Legal Dispute
6/3/2013Reports Expansion Of Goldridge Gold/Silver Zone
11/6/2012Rye Patch Updates Rochester Project Resources Based on Coeur...
11/6/2012s Rochester Project Resources Based on Coeur d'Alene's Recen...
10/26/2012Receives New Trial Date From Sixth District Court
10/16/2012Rye Patch Receives Court Order Granting Coeur's Motion to Po...
10/16/2012Receives Court Order Granting Coeur's Motion to Postpone
10/1/2012s Gold Exploration Along the Cortez Trend
8/16/2012Rye Patch Gold Announces Amended Non-Brokered Private Placem...
8/15/2012Rye Patch Updates Status of Lawsuit Against Coeur Rochester,...
8/6/2012Rye Patch Stakes More Mineral Claims at Rochester and Packar...
5/30/2012Mid-Day Breaking News From Gold Canyon and Rye Patch
5/29/2012Drills Significant Gold And Silver Zones On The LH Claims
3/12/2012Files Motion for Restraining Order Against Coeur d'Alene Min...
2/15/2012Rye Patch Gold Achieves #6 Ranking on the 2012 TSX Venture 5...
1/16/2012Added To S&P/Tsx-V Index
1/10/2012Bill Howald discusses the latest Rochester Press Release wit...
1/5/2012Cuts Lower Plate Carbonates, Carlin-Style Alteration, and El...
12/21/2011Granted Access To The LH Claims
12/17/2011s Court Proceedings
9/8/2011Barrick's New Multi-Million Ounce Discovery at Cortez (Nevad...
8/25/2011Jay Taylor writes up Rye Patch Gold Corp.
2/17/2011Announces 2011 Programs and Budgets for Nevada Portfolio
7/28/2010Leases Wilco Geothermal Rights
6/23/2010Ubika Research Initiates Coverage on Rye Patch Gold Corp.
2/26/2010has been added to GoldMinerPulse.com
2/10/2010Executes Definitive Agreement with Centerra Gold (U.S.) Inc....
10/21/2009Coverage in the Gold Newsletter
11/28/2008Announces Release Of Previously Escrowed Securities
11/4/2008TSX Venture Exchange Advances Rye Patch Gold To Tier 1 Statu...
9/24/2008Drills 25 Feet Grading 2.2 Ounces/Ton Au at Lincoln Hill
9/17/2008Drills 45.7 Metres Grading 1.34 G/T Au At Wilco
8/19/2008Reports Lincoln Hill - Gold Ridge Drilling Complete
7/29/2008Reports On The Wilco Drill Program
7/10/2008Begins Drilling On Lincoln Hill And Gold Ridge
5/29/2008Confirms Ridge Gold/Silver Anomaly On Lincoln Hill
5/28/2008to be featured on CEO Clips airing on BNN
4/30/2008Increases Wilco Gold Resource
4/3/2008 Retains Renmark Financial Communications
2/28/2008Releases Project Programs And Budgets For 2008
2/6/2008Options Cortez Trend Gold Play From Barrick
11/19/2007Acquires Rights to Lincoln Hill Property, Nevada and Consoli...
10/17/2007Expands Section Line Discovery on Wilco Project
10/3/2007Completes Acquisition Of The Jessup Project, Nevada From Mid...
9/25/2007Drills 21 Metres of 2.74 g/t Gold New Gold Zone on Wilco Pro...
9/6/2007Doubles Wilco Gold Resource
8/21/2007Acquiring The Jessup Project, Nevada From Midway Gold Corp.
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