Rainy River Resources, Ltd.

Published : September 12th, 2011

Resources Ltd=2E Intersects 255=2E0 g/t Gold Over 1=2E5 Metres in the West

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Keywords :   Canada | Diamond | Gold | Market | Precious Metals | Silver |

 
 
Rainy River Resources Ltd.
TSX VENTURE: RR
Other Recent News

September 12, 2011
Rainy River Resources Ltd. Intersects 255.0 g/t Gold Over 1.5 Metres in the Western Area and Infill Program Continues to Expand the ODM at Depth
TORONTO, ONTARIO--(Marketwire - Sept. 12, 2011) - Rainy River Resources Ltd. (TSX VENTURE:RR) (the "Company" or "Rainy") is pleased to announce assay results from the Rainy River Gold Project ("RRGP") in northwest Ontario, where the Company is completing 170,000 metres of Diamond drilling in 2011. Results are summarized in Table 1.

HIGHLIGHTS

--  Drilling in the Western Area continues to intersect narrow zones of high
    grade gold mineralization and wider zones of low grade gold
    mineralization at relatively shallow depths: NR11783 intersected 255.0
    g/t gold and 11.2 g/t silver over 1.5 metres while NR11772 intersected
    1.0 g/t gold over 10.5 metres. 
--  Infill program continues to deliver significant results within the ODM,
    CAP and 17 Zones; in addition, significant silver values were
    encountered. 
--  NR11749 intersects 4.6 g/t gold and 14.5 g/t silver over 37.5 metres at
    the base of the conceptualized pit and within the ODM.  
--  NR11761 intersects 1.0 g/t gold and 5.3 g/t silver over 16.5 metres
    within the CAP Zone and NR11736 intersects 4.3 g/t gold and 5.8 g/t
    silver over 9.0 metres within the 17 Zone.
 
EXPLORATION

WESTERN AREA

Drilling in the Western Area continues to intersect narrow zones of high grade gold mineralization and wider zones of low grade gold mineralization. Six additional holes have been completed and all have intersected gold mineralization in two broadly defined southwest plunging shoots. NR11783 intersected 255.0 g/t gold and 11.2 g/t silver over 1.5 metres at a vertical depth of 225 metres and NR11772 intersected 38.6 g/t gold over 1.5 metres at a vertical depth of 181 metres.

Several wider zones of low grade gold mineralization were also drilled: NR11753 intersected 1.1 g/t gold over 9.0 metres, NR11781 intersected 1.1 g/t gold over 4.5 metres, NR11782 intersected 2.8 g/t gold over 4.5 metres, NR11788 intersected 1.1 g/t gold over 7.5 metres, and NR11772 intersected 1.0 g/t gold over 10.5 metres. All of these intersections have vertical depths between 93-225 metres below surface. Drilling in the Western Area is still early stage. Two Diamond drill rigs will continue to delineate this prospect for the remainder of the year.

17 ZONE EASTERN EXTENSION

Three Diamond drill holes pierced the 17 Zone Eastern Extension at moderate depths. All three holes intersected gold mineralization; with NR11739 returning 7.2 g/t gold and 45.7 g/t silver over 4.5 metres at a vertical depth of 457 metres.

INFILL PROGRAM

Several significant results have been received from the ongoing infill program at the Rainy River Gold Project. All infill holes have been either designed to move inferred mineralization to the indicated category and/or to expand known mineralized zones. The majority of the infill holes were also designed to intersect multiple targets down-hole.

ODM / 17 - Within a Conceptualized Open Pit

Results from four infill holes lying within the pit, and the remaining two geotechnical holes, are reported herein. Both geotechnical holes were drilled partially down the plane of the mineralization and do not reflect true thicknesses. As with the CAP Zone, infill holes within the ODM / 17 were designed to bring inferred mineralization into the indicated category.

Highlights include NR11736 at 4.3 g/t gold and 5.8 g/t silver over 9.0 metres at a vertical depth of 116 metres, and NR11754 with 4.2 g/t gold over 39.0 metres at a vertical depth of 56 metres, including 302.0 g/t gold over 1.0 metre. This wider interval in NR1754 has been capped at 120 g/t gold based upon SRK's capping methodology outlined in the most recent 43-101 compliant resource statement. The capped grade is based upon intersected resource domains. NR11767 intersected 1.2 g/t gold over 58.5 metres at a vertical depth of 122 metres. In addition, NR11749 intersected 37.5 metres of 4.6 g/t gold and 14.5 g/t silver at a vertical depth of 379 metres including 13.1 g/t gold over 9.0 metres at a vertical depth of 368 metres. NR11749 is significant in that it demonstrates good high-grade gold mineralization at depth within a conceptualized pit.

ODM / 17 - Below a Conceptualized Open Pit

Approximately 14 Diamond drill holes have targeted areas below the conceptualized pit which have had either no resources assigned, or are inferred blocks that require upgrading to the indicated category. To date, drilling below the conceptualized pit has been highly successful in expanding the known ODM/17 resources. Significant intersections include 4.1 g/t gold over 12.0 metres at a vertical depth of 548 metres in NR11770, 13.0 g/t gold over 3.0 metres in NR11787 at a vertical depth of 515 metres, 2.4 g/t gold over 16.5 metres in NR11771 at a vertical depth of 603 metres, and NR11759, which returned 7.4 g/t gold over 3.0 metres.

CAP

Results from the CAP Zone include both new holes and previously unsampled intervals in historic holes. The historic drill holes resampled comprise a series of holes that had been drilled before the recognition of the CAP Zone. Significant results from the CAP infill program include: 1.0 g/t gold and 5.3 g/t silver over 16.5 metres at a vertical depth of 160 metres in NR11761, 0.7 g/t gold over 22.5 metres at a vertical depth of 47 metres in NR11749, 1.0 g/t gold over 16.5 metres at a vertical depth of 233 metres in NR11787, and 6.1 g/t gold and 36.3 g/t silver over 4.5 metres at a vertical depth of 179 metres in NR11770.

SUMMARY

Currently, 10 drill rigs are on site. Drill progress has slowed with the added deep drilling in the 17 Zone Eastern Extension and the deep ODM drilling. To date, approximately 113,000 metres have been completed out of a 170,000 metre Diamond drill program. The Company intends to add one to two additional Diamond drill rigs to the property by early October in order to: a) facilitate additional engineering requirements, b) ensure the infill program is completed on schedule and, c) continue the exploration focus on the Western Area, the 17 Zone Eastern Extension, deeper portions of the ODM, and district-wide reconnaissance drilling.

COMMENTARY

Raymond Threlkeld, President and CEO, adds, "These results show the potential of the Rainy River Gold Project on several levels. The infill program continues to intersect significant gold and silver mineralization. Drilling between ODM and 433 and Cap/South has shown very good results in converting what appears to be waste into significantly mineralized zones that could add to in-pit resources. Deep drilling highlights that the project remains open at depth, while exploration drilling in the recently discovered Western Area and 17 Zone Eastern Extension continues to be very encouraging. The Preliminary Economic Assessment ("PEA") is being completed and is targeted for release by early October. The PEA will not include any drill results subsequent to February 27, 2011. A new resource statement is targeted for release in early 2012 and will include infill and new discovery drilling from February 27 to year end."

Qualified persons

Rainy River's exploration program in Richardson Township is being supervised by Kerry Sparkes, P.Geo., Vice-President Exploration, a Qualified Person as defined by National Instrument 43-101. Garett Macdonald, P.Eng., Vice President Operations and Kerry Sparkes P.Geo. are the persons responsible for the content of this news release. The Company has a rigorous QA/QC program in place to ensure best practices in sampling and analysis of drill core. All drill core is marked for sampling and then split in half with a Diamond saw blade. Samples are placed in sealed bags with security tags. All samples were assayed using a standard fire assay, 30 gram nominal sample weight with an AA finish. Over-limit samples were re-assayed with a gravimetric finish. Samples with visible gold were automatically analyzed for Ore Grade by 1000g screen fire assay, with coarse and fine fractions being combined proportionately and the fine fraction being assayed twice. Standards, blanks and duplicates are inserted every 25 metres. ALS Canada Ltd. performed primary assaying, with duplicates being analyzed at Activation Laboratories Ltd. ALS Canada Ltd. and Activation Laboratories Ltd. implements independent QA/QC protocols that include the insertion of certified blanks and standards as part of their routine analysis.

About Rainy River Resources Ltd.

Rainy River Resources is a Canadian precious metals exploration company whose key asset is the Rainy River Gold Project. With approximately $115 million in cash and short term investments, the Company is well funded to conduct a dual-focused drilling program consisting of: 1) definition Diamond drilling of the main gold resources in preparation for scoping and pre-feasibility studies, and 2) selective Diamond drill testing of high-priority gold targets defined primarily by RC drilling within the large gold system centered in Richardson Township. The Company's property is extremely well located in the southwestern corner of northern Ontario near the U.S. border. It is accessed by a network of roads and is close to hydro-electric infrastructure. The Rainy River district has a skilled labour force and is one of the lowest-cost areas for mineral exploration and development. The Company is also working to advance the early-stage discoveries at its TPK Joint Venture Property, also in Ontario, where it can earn a 51% interest in the property from Northern Superior Resources Inc. Ontario has low political risk and, according to the annual Fraser Institute global survey of the mining industry, has consistently ranked as one of the top jurisdictions embracing mineral development.

RAINY RIVER RESOURCES LTD.

Raymond W. Threlkeld, President & CEO

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include gold prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, continued availability of capital and financing and general economic, market or business conditions. The Company cautions that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. Please see the public filings of the Company at www.sedar.com for further information.

To view the maps associated with this press relase, please visit the following links:

http://webcluster-nreupload.canada.ccnm/1315606460287-WESTERN_AREA_Plan_View_Sep_08_2011.pdf.

http://webcluster-nreupload.canada.ccnm/1315606460115-WESTERN_AREA_Long_Section_Sep_08_2011.pdf.

http://webcluster-nreupload.canada.ccnm/1315606459937-ODM_Plan_View_Sep_08_2011.pdf.

http://webcluster-nreupload.canada.ccnm/1315606459757-ODM_Long_Section_Sep_08_2011.pdf.

http://webcluster-nreupload.canada.ccnm/1315606459559-CAP_HS_433_Zones_Plan_View_Sep_08_2011.pdf.

                         Table 1 Summary of Results                         
----------------------------------------------------------------------------
                                                    VERTICAL                
HOLE-ID                        SECTION   LOCATION      DEPTH    FROM      TO
----------------------------------------------------------------------------
                                                                            
KCBL102                         425778        209        141   140.0   146.0
KCBL102                         425778        173        177   178.0   182.0
KCBL102                         425778        103        247   249.0   253.0
KCBL102                         425778         65        285   297.0   298.0
KCBL102                         425778         43        307   304.0   319.0
----------------------------------------------------------------------------
KCBL104                         425975        266         84    40.0   147.0
INCL                            425968        291         59    67.0    69.0
AND                             425971        281         69    77.0    80.0
AND                             425979        253         97   106.0   112.5
AND                             425982        241        109   119.0   123.0
KCBL104                         425994        199        151   164.0   168.3
KCBL104                         426017        116        234   254.0   255.0
NR06104                         425769        113        237   287.0   296.0
NR06104                         425771        -17        367   454.0   470.0
----------------------------------------------------------------------------
NR08221                         425776        249        101   113.0   120.5
----------------------------------------------------------------------------
NR08223                         425661        298         52    45.0    72.5
INCL                            425661        306         44    47.0    53.0
----------------------------------------------------------------------------
NR09383                         425347        103        247   274.5   282.0
INCL                            425347        104        246   274.5   277.5
NR09383                         425349         91        259   291.0   294.0
----------------------------------------------------------------------------
NR11723                         425822       -221        571   625.5   628.5
----------------------------------------------------------------------------
NR11732                         425921       -179        529   600.0   609.0
INCL                            425922       -181        531   604.5   609.0
----------------------------------------------------------------------------
NR11734                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11736                         425850        282         68    76.0    89.0
NR11736                         425851        234        116   139.0   148.0
INCL                            425851        235        115   140.0   143.0
NR11736                         425861         84        266   348.0   352.0
----------------------------------------------------------------------------
NR11739                         426247       -107        457   540.5   545.0
INCL                            426247       -108        458   542.0   545.0
----------------------------------------------------------------------------
NR11740                         425894       -301        651   730.5   732.0
----------------------------------------------------------------------------
NR11745                         425936        -51        401   423.0   429.0
----------------------------------------------------------------------------
NR11746                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11747                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11748                         426277       -161        511   670.5   675.0
----------------------------------------------------------------------------
NR11749                         425248        303         47    40.5    63.0
INCL                            425248        305         45    46.5    52.5
NR11749                         425257        -29        379   435.0   472.5
INCL                            425256        -18        368   435.0   444.0
NR11749                         425259        -54        404   486.0   487.5
----------------------------------------------------------------------------
NR11751                         425700        -27        377   384.0   398.8
NR11751                         425723       -178        528   550.5   559.5
NR11751                         425739       -263        613   646.5   652.5
----------------------------------------------------------------------------
NR11752                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11753                         424240        250        100   120.5   129.5
NR11753                         424293        122        228   291.5   293.0
----------------------------------------------------------------------------
NR11754                         425811        294         56    49.0    88.0
INCL                            425812        309         41    49.0    52.0
AND                             425812        307         43    52.0    53.0
AND                             425811        292         58    53.0    88.0
NR11754                         425809        154        196   244.0   247.0
NR11754                         425814        -32        382   490.0   492.0
----------------------------------------------------------------------------
NR11756                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11757                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11758                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11759                         425639        295         55    54.0    57.0
NR11759                         425639        255         95    93.0    99.0
NR11759                         425670       -176        526   543.0   546.0
INCL                            425670       -175        525   543.0   544.5
NR11759                         425679       -238        588   607.5   616.5
----------------------------------------------------------------------------
NR11760                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11761                         425596        190        160   156.0   172.5
NR11761                         425650       -210        560   591.0   595.5
NR11761                         425659       -253        603   637.5   648.0
----------------------------------------------------------------------------
NR11763D                        425264       -223        573   589.5   613.5
INCL                            425264       -223        573   598.5   603.5
INCL                            425264       -225        575   602.5   603.5
----------------------------------------------------------------------------
NR11764                         425557        -44        394   402.0   406.5
NR11764                         425589       -277        627   658.5   663.0
----------------------------------------------------------------------------
NR11765                         424482        235        115   137.0   140.0
----------------------------------------------------------------------------
NR11766                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11767                         425542        260         90   110.7   111.7
NR11767                         425544        228        122   123.5   182.0
INCL                            425543        242        108   123.5   145.0
INCL                            425543        236        114   138.0   145.0
And                             425545        211        139   167.0   182.0
NR11767                         425548        173        177   222.0   224.0
NR11767                         425573        -57        407   529.4   533.0
NR11767                         425577        -84        434   566.0   570.0
----------------------------------------------------------------------------
NR11768                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11770                         425460        237        113   108.0   118.5
NR11770                         425460        237        113   178.5   183.0
INCL                            425459        170        180   181.5   183.0
NR11770                         425480       -198        548   574.5   586.5
INCL                            425481       -200        550   582.0   583.5
----------------------------------------------------------------------------
NR11771                         425483        206        144   145.5   148.5
NR11771                         425483        192        158   160.5   162.3
NR11771                         425514       -253        603   628.5   645.0
INCL                            425515       -259        609   640.5   645.0
NR11771                         425534       -406        756   802.5   804.0
----------------------------------------------------------------------------
NR11772                         424056        179        171   212.0   222.5
NR11772                         424056        169        181   230.0   231.5
----------------------------------------------------------------------------
NR11773                         426192       -147        497   635.0   639.6
----------------------------------------------------------------------------
NR11776                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11779                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11780                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11781                         423997        257         93   113.0   117.5
----------------------------------------------------------------------------
NR11782                         423977        165        185   228.5   233.0
----------------------------------------------------------------------------
NR11783                         423926        125        225   284.0   285.5
----------------------------------------------------------------------------
NR11784                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11786                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------
NR11787                         425434        117        233   231.0   247.5
NR11787                         425457       -165        515   541.5   544.5
INCL                            425457       -166        516   543.0   544.5
NR11787                         425467       -243        593   630.0   631.5
----------------------------------------------------------------------------
NR11788                         424065        142        208   257.0   264.5
----------------------------------------------------------------------------
NR11791                         426097        193        157   201.5   203.8
INCL                            426097        193        157   203.0   203.8
----------------------------------------------------------------------------
NR11797                             No                                      
                           significant                                      
                                 assay                                      
----------------------------------------------------------------------------

                         Table 1 Summary of Results                        
---------------------------------------------------------------------------
                                        Au    Ag                  Grade Cap
HOLE-ID                       LENGTH (g/t) (g/t)           Zone        Info
---------------------------------------------------------------------------
                                                                           
KCBL102                          6.0   1.3   2.6             17            
KCBL102                          4.0   1.8   1.5             17            
KCBL102                          4.0   1.4   0.6             17            
KCBL102                          1.0  12.9   2.1             17            
KCBL102                         15.0   1.6   0.9             17            
---------------------------------------------------------------------------
KCBL104                        107.0   0.9   5.0             17            
INCL                             2.0   2.4   5.7             17            
AND                              3.0   3.2   1.8             17            
AND                              6.5   2.6   7.7             17            
AND                              4.0   3.4  53.5             17            
KCBL104                          4.3   2.3 167.3             17            
KCBL104                          1.0   7.3   6.8             17            
NR06104                          9.0   1.1   0.3             17            
NR06104                         16.0   0.6   0.9             HS            
---------------------------------------------------------------------------
NR08221                          7.5   0.6   0.8             HS            
---------------------------------------------------------------------------
NR08223                         27.5   1.5  10.6            ODM            
INCL                             6.0   4.8  13.5            ODM            
---------------------------------------------------------------------------
NR09383                          7.5   0.8   2.7            Cap            
INCL                             3.0   1.1   3.3            Cap            
NR09383                          3.0   1.1   3.6            Cap            
---------------------------------------------------------------------------
NR11723                          3.0   1.3   7.6        17 Zone            
---------------------------------------------------------------------------
NR11732                          9.0   2.4   7.3        17 Zone            
INCL                             4.5   3.3   9.3                           
---------------------------------------------------------------------------
NR11734                                                                    
---------------------------------------------------------------------------
NR11736                         13.0   1.0   0.4        17 Zone            
NR11736                          9.0   4.3   5.8        17 Zone            
INCL                             3.0  10.6  10.3        17 Zone            
NR11736                          4.0   2.0   2.9        HS Zone            
---------------------------------------------------------------------------
NR11739                          4.5   7.2  45.7        17 East            
INCL                             3.0   9.7  66.3        17 East            
---------------------------------------------------------------------------
                                                        17 Zone            
NR11740                          1.5   6.8   7.7         - Deep            
---------------------------------------------------------------------------
NR11745                          6.0   1.2   9.2        17 Zone            
---------------------------------------------------------------------------
NR11746                                                                    
---------------------------------------------------------------------------
NR11747                                                                    
---------------------------------------------------------------------------
NR11748                          4.5   1.6   6.7        17 East            
---------------------------------------------------------------------------
NR11749                         22.5   0.7   3.2            Cap            
INCL                             6.0   1.1   4.2            Cap            
NR11749                         37.5   4.6  14.5            ODM            
INCL                             9.0  13.1   2.4            ODM            
NR11749                          1.5   7.4 245.0            ODM            
---------------------------------------------------------------------------
                                                             17            
                                                        Hanging            
NR11751                         14.8   1.5   0.8           Wall            
NR11751                          9.0   2.5   2.8        17 Zone            
NR11751                          6.0   1.8  10.2        17 Zone            
---------------------------------------------------------------------------
NR11752                                                                    
---------------------------------------------------------------------------
                                                        Western            
NR11753                          9.0   1.1   3.1           Area            
                                                        Western            
NR11753                          1.5   9.9   5.4           Area            
---------------------------------------------------------------------------
NR11754                         39.0   4.2   2.5            ODM            
INCL                             3.0   2.0   2.8            ODM            
AND                              1.0 302.0  16.7            ODM            
AND                             35.0   1.0   2.1            ODM            
NR11754                          3.0   4.1  13.0            ODM            
NR11754                          2.0   2.0   0.4            433            
---------------------------------------------------------------------------
NR11756                                                                    
---------------------------------------------------------------------------
NR11757                                                                    
---------------------------------------------------------------------------
NR11758                                                                    
---------------------------------------------------------------------------
NR11759                          3.0   1.4   4.7            Cap            
NR11759                          6.0   1.3   1.1            Cap            
NR11759                          3.0   7.4   2.8        17 Zone            
INCL                             1.5  13.8   4.0        17 zone            
NR11759                          9.0   1.3   5.1        17 Zone            
---------------------------------------------------------------------------
NR11760                                                                    
---------------------------------------------------------------------------
NR11761                         16.5   1.0   5.3            Cap            
NR11761                          4.5   1.5   3.4        17 Zone            
NR11761                         10.5   1.2   4.1        17 Zone            
---------------------------------------------------------------------------
NR11763D                        24.0   2.4   1.7            ODM            
INCL                             5.0   8.1   4.1            ODM            
                                                                     Capped
                                                                     at 120
INCL                             1.0  69.1  10.1            ODM      gpt Au
---------------------------------------------------------------------------
                                                            ODM            
                                                        Hanging            
NR11764                          4.5   1.1   0.6           Wall            
NR11764                          4.5   3.8   1.7            ODM            
---------------------------------------------------------------------------
NR11765                          3.0   1.6   2.9       433 West            
---------------------------------------------------------------------------
NR11766                                                                    
---------------------------------------------------------------------------
NR11767                          1.0  23.7   7.8            ODM            
NR11767                         58.5   1.2   2.0            ODM            
INCL                            21.5   1.5   2.8            ODM            
INCL                             7.0   2.1   4.2            ODM            
And                             15.0   1.4   1.4            ODM            
NR11767                          2.0   4.3  14.2            ODM            
NR11767                          3.6   2.3   2.0            433            
NR11767                          4.0   3.4   2.2            433            
---------------------------------------------------------------------------
NR11768                                                                    
---------------------------------------------------------------------------
NR11770                         10.5   1.2   4.4            Cap            
NR11770                          4.5   6.1  36.3            Cap            
INCL                             1.5  15.8  98.4            Cap            
NR11770                         12.0   4.1   1.3            ODM            
INCL                             1.5  21.9   3.8            ODM            
---------------------------------------------------------------------------
NR11771                          3.0   1.3   7.2            Cap            
NR11771                          1.8   7.0  35.9            Cap            
NR11771                         16.5   2.4   3.4            ODM            
INCL                             4.5   4.7   3.0            ODM            
NR11771                          1.5  11.4   1.9             HS            
---------------------------------------------------------------------------
                                                        Western            
NR11772                         10.5   1.0   0.7           Area            
                                                                     Capped
                                                        Western       at 30
NR11772                          1.5  38.6   1.9           Area      gpt Au
---------------------------------------------------------------------------
                                                                     Capped
                                                                      at 30
NR11773                          4.6   2.0  17.9        17 East      gpt Au
---------------------------------------------------------------------------
NR11776                                                                    
---------------------------------------------------------------------------
NR11779                                                                    
---------------------------------------------------------------------------
NR11780                                                                    
---------------------------------------------------------------------------
                                                        Western            
NR11781                          4.5   1.1   1.2           Area            
---------------------------------------------------------------------------
                                                        Western            
NR11782                          4.5   2.8   0.5           Area            
---------------------------------------------------------------------------
                                                        Western            
NR11783                          1.5 255.0  11.2           Area            
---------------------------------------------------------------------------
NR11784                                                                    
---------------------------------------------------------------------------
NR11786                                                                    
---------------------------------------------------------------------------
NR11787                         16.5   1.0   4.1            Cap            
NR11787                          3.0  13.0   3.6            ODM            
INCL                             1.5  23.9   4.1            ODM            
NR11787                          1.5  45.4   3.9            ODM            
---------------------------------------------------------------------------
                                                        Western            
NR11788                          7.5   1.1   2.6           Area            
---------------------------------------------------------------------------
NR11791                          2.3   8.6   2.4       433 East            
INCL                             0.8  16.2   3.7       433 East            
---------------------------------------------------------------------------
NR11797                                                                    
---------------------------------------------------------------------------
 



The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

CONTACT INFORMATION:

Rainy River Resources Ltd.
Indi Gopinathan
Director, Investor Relations
(416) 645-7289
igopinathan@rainyriverresources.com
www.rainyriverresources.com

INDUSTRY: Manufacturing and Production - Mining and Metals


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Gold and Silver Prices for these countries : Canada | All

Rainy River Resources, Ltd.

EXPLORATION STAGE
CODE : RR.V
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Rainy River is a gold and silver exploration company based in Canada.

Its main exploration properties are TI-PA-HAA-KAA-NING (TPK) and RAINY RIVER in Canada.

Rainy River is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.0 millions as of today (US$ 2.4 millions, € 2.3 millions).

Its stock quote reached its highest recent level on April 29, 2011 at CA$ 9.92, and its lowest recent point on May 12, 2022 at CA$ 0.03.

Rainy River has 99 973 000 shares outstanding.

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In the News and Medias of Rainy River Resources, Ltd.
6/17/2010Rainy River Resources Ltd
Annual reports of Rainy River Resources, Ltd.
2008 Annual report
Annual Report 2007
Financings of Rainy River Resources, Ltd.
11/13/2012Announces $75 Million Bought Deal Financing
8/17/2010Announces Flow-Through Share Financing
2/19/2010Announces Increased Size of Private Placement
11/2/2009Closes Flow-Through Share Financing
10/7/2009Announces Flow-Through Share Financing
8/2/2007Closes $35 Million Bought Deal Financing
Option Grants of Rainy River Resources, Ltd.
2/17/2010Grants Stock Options
2/12/2009Announces Grant and Repricing of Stock Options
11/14/2008Grants Stock Options
8/25/2008Grants Stock Options
Nominations of Rainy River Resources, Ltd.
6/17/2010Appoints Two Independent Directors
5/18/2010Announces Appointment of Nicholas
4/9/2010Announces Appointment of Director of Environment and Sustain...
12/11/2009Appoints Garett Macdonald as Vice President Operations
10/7/2009Appoints Liz Caridi as Director of Investor Relations & Corp...
4/23/2007Appoints Dale C. Peniuk, CA to Board
Project news of Rainy River Resources, Ltd.
7/10/2013(Rainy River)TheMétisNation of Ontario and Rainy River Resources Sign Mem...
7/10/2013The Métis Nation of Ontario and Rainy River Resources Sign M...
5/31/2013(Rainy River)New Gold Agrees to Acquire Rainy River Resources Growing Gol...
5/29/2013Resources announces results of annual meeting
5/29/2013Rainy River Resources announces results of annual meeting
4/11/2013Rainy River Resources Completes Feasibility
4/8/2013Resources Announces Date of Annual General Meeting
4/8/2013Rainy River Resources Announces Date of Annual General Meeti...
4/2/2013Resources' Intrepid Zone infill intersects 15.5 g/t gold and...
4/2/2013Rainy River Resources' Intrepid Zone infill intersects 15.5 ...
3/22/2013Resources Adopts Advance Notice Policy
3/22/2013Rainy River Resources Adopts Advance Notice
2/20/2013Resources' Intrepid Zone continues to intersect high grade g...
2/20/2013Rainy River Resources' Intrepid Zone continues to intersect ...
2/11/2013Resources Provides Update on 2013 Planned Activities
2/11/2013Rainy River Resources Provides Update on 2013 Planned Activi...
11/13/2012Resources intersects significant near-surface gold mineraliz...
11/8/2012Resources Extends Intrepid Gold-Silver Zone 125 Metres Down ...
11/8/2012Rainy River Resources Extends Intrepid Gold-Silver Zone 125 ...
10/10/2012Rainy River Resources Announces 6.2 Million Ounces of Gold i...
8/30/2012Resources' Project Updated With Higher Grades and Lower Cost...
7/19/2012Resources Extends ODM Zone 250 =?ISO-8859-1?Q?=20Metres=20Do...
6/8/2012Resources and Northern SuperiorResources Announce Completion...
5/29/2012Resources Intersects 4=2E5 g/t G =?ISO-8859-1?Q?old=20Over=2...
4/3/2012(Rainy River)Resources Signs Participation Agreement with Rainy River Are...
3/28/2012Resources Intersects Significant M =?ISO-8859-1?Q?ineralizat...
3/5/2012Resources Announces Management Appointments
3/2/2012Resources Announces Exercise of $26 MM in Warrants
2/24/2012Resources Announces 5=2E72 Million Ounces of Gold in Measure...
2/7/2012Resources Adopts New Shareholder Rights Plan
2/2/2012Resources Intersects 1=2E7 g/t Gold & 7=2E9 g/t Silver Over ...
1/17/2012Resources and Northern SuperiorResources Announce Commenceme...
1/16/2012Resources Intersects 6=2E7 g/t G =?ISO-8859-1?Q?old=20Over=2...
9/29/2011Resources Ltd=2E Reports Platinum and Palladium Values at Pi...
9/19/2011Resources Ltd=2E Announces the Discovery of High Grade Nicke...
9/16/2011Resources Conditionally Approved to Graduate to the TSX
9/12/2011Resources Ltd=2E Intersects 255=2E0 g/t Gold Over 1=2E5 Metr...
8/16/2011Resources Files Technical Report to Support Mineral Resource...
7/13/2011Resources Expands Western Area With 15=2E9 g/t gold and 41=2...
6/29/2011Resources Announces Updated Mineral Resource Statement
6/18/2011Resources Clarifies Details of Resource Disclosure
6/7/2011Resources Announces Option Grant
5/13/2011Engages BBA Inc=2E and AMEC to Complete Preliminary Economic...
4/3/2011(Rainy River)2011 Exploration Program Expanded to 170,000 Metres
2/24/2011(Rainy River)Announces Updated Mineral Resource Statement
2/4/2011(Ti-pa-haa-kaa-ning (tpk))and Northern Superior Announce Final Phase 1 Results and Com...
7/20/2010Intersects 51.2 g/t Gold Over 1.5 Metres in ODM17 Zone
6/9/2010(Rainy River)Intersects 128.5 g/t (4.13 oz/t) Gold Over 5.5 Metres in 433...
4/20/2010(Rainy River)Identifies Strong New Gold Targets by RC Drilling
3/24/2010(Rainy River)Announces High-Grade Gold Results and Continued Exploration ...
12/16/2009(Rainy River)Intersects More High-Grade Gold
11/9/2009(Rainy River)Intersects High Grade Gold Near Surface in Cap Zone
10/6/2009Announces Results From Ten New Drill Holes
9/8/2009(Rainy River)Announces Results of Infill and Exploration Drilling and Pro...
7/13/2009(Rainy River)43-101 Report Filed on SEDAR
5/27/2009(Rainy River)Receives Gold Resource Update: Indicated Resources Increase ...
3/11/2009(Rainy River)Discovers Another Strong Gold Zone With Drill Hole NR09-329 ...
1/27/2009(Rainy River)Reports Further Drill Results From Main Resource Area; Two D...
1/20/2009Confirms Two New High-Grade Gold Zones With First Holes Test...
9/16/2008(Rainy River)Robust Gold Intersection Recorded on the Bayfield "Burns Blo...
9/9/2008(Rainy River)New High Grade Gold Discovery for Rainy River
7/9/2008(Burns Block (rainy River))First Round of Drilling in Rainy's Off Lake Area Confirms Re...
6/19/2008(Burns Block (rainy River))Further Increases Land Position
6/2/2008(Burns Block (rainy River))Reports Wide, Near-Surface Gold Interval From 17/ODM Zone
5/27/2008Reports Wide, High-Grade Gold Intersection in 433 Zone
4/23/2008(Burns Block (rainy River))Reports Further Drill Results From Richardson Township: 433 ...
2/14/2008(Burns Block (rainy River))433 Zone Drilling Update Rainy's NR07-218 Intersects Highest...
2/13/2008(Burns Block (rainy River))Positive Metallurgical Report for Rainy River's 17/ODM Zone
1/29/2008(Burns Block (rainy River))433 Zone Drilling Update; Rainy Records Another Impressive G...
11/28/2007(Burns Block (rainy River))Two Deep Holes Below 400 M level in Rainy's 17/ODM Zone Inte...
11/5/2007Intersects a 4.0-Metre Wide Semi-Massive Sulphide Horizon Gr...
10/15/2007(Burns Block (rainy River))Discovers New Gold Zone in Step-Out Drill Hole
9/11/2007(Burns Block (rainy River))Continues to Intersect Strong Gold Values in ODM and 17 Zone...
5/29/2007(Burns Block (rainy River))Intersects 55.7 Metres of 4.01 g/t Gold in "ODM Zone" and 10...
5/17/2007Intersects 28.9 Meters Grading 5.19 g/t Gold in 433 Zone ODM...
5/2/2007Diamond Drilling to Commence on Block "B" in May, NW Ontario
5/24/2006demonstrates excellent continuity at 230m level and remains ...
Corporate news of Rainy River Resources, Ltd.
10/1/2013Resources Appoints New Officers
10/1/2013Rainy River Resources Appoints New Officers
7/25/2013(Rainy River)New Gold Acquires 86% of Rainy River and Extends Offer to Au...
5/24/2013Rainy River Resources Provides Project Update
5/14/2013Resources' Latest Results from Intrepid Zone Highlight Quali...
5/14/2013Rainy River Resources' Latest Results from Intrepid Zone Hig...
4/11/2013Resources Completes Feasibility Study: Establishes Intermedi...
10/15/2012Rainy River Resources Files Technical Report to Support Prel...
10/11/2011Resources Announces Appointment of Michael Mutchler as Chief...
7/6/2011Resources Intersects 1,335.0 g/t Gold & 76.7 g/t Silver Over...
6/6/2011Resources Announces Appointment of Director of Investor Rela...
4/13/2011and Northern Superior Announce Initial Assays and the Comple...
8/19/2010Announces Board Approval of Increased Exploration Budget
5/31/2010Announces Retirement of Nelson B
5/12/2010and Fort Frances Chiefs Secretar
3/18/2010Reports AGM Results
2/25/2010Announces Closing of $55 Million Private Placement
2/22/2010Announces Final 2009 Drill Results
12/10/2009Provides Update on 2009 Exploration Activities, Corporate De...
12/1/2009Drilling Continues to Expand Resource Potential
6/23/2009Announces Retirement of Nelson W=2E Baker as CEO and Preside...
6/16/2009Resources Ltd=2E: Infill Drilling Between ODM/17 and HS/433 ...
6/4/2009Completes Buy-Out of NSR Royalty
5/13/2009Announces Buy-Out of NSR Royalty
12/1/2008Announces Buyout of Royalty and Bonus Payment
8/18/2008Announces Normal Course Issuer Bid
7/29/2008Defines Two Major New Gold-in-Till Anomalies and Adds to Glo...
6/12/2008Resources Investor Relations Services
4/30/2008CORRECTION FROM SOURCE: Rainy River to Drill New Goldbearing...
3/18/2008's 433 Gold Zone Demonstrates Strong Continuity Along Strike...
2/28/2008Announces Initial Resource Estimat =?ISO-8859-1?Q?e=20for=20...
1/21/2008Reports Results of 11 Drill Ho =?ISO-8859-1?Q?les=20Complete...
12/17/2007and Western Warrior Enter Into =?ISO-8859-1?Q?=20Option=20Ag...
12/10/2007Launches Ground Based Geophysical Surveys Designed to Penetr...
12/3/2007 and Bayfield Ventures Sign Option Agreement on Burns Block ...
11/13/2007 Drilling on ODM/17 Zone Continues to Intersect Strong Gold ...
10/11/2007 Agreement on Additional Gold Property, NW Ontario
10/1/2007Metallurgical Testing, High Sensitivity Airborne Gradiometer...
9/27/2007President Updates Ongoing Rainy River Drill Program, NW Onta...
7/17/2007CORRECTION FROM SOURCE: Deep Intersection in Rainy's 17 Zone...
7/17/2007Deep Intersection in Rainy's 17 Zone Returns 16.5 m Grading ...
4/30/2007Drilling to Commence in May on Rainy River Claim, NW Ontario
2/22/2007to Test New Gold-Bearing Base =?ISO-8859-1?Q?Metal=20Target...
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TSX-V (RR.V)Other OTC (RRFFF)
0.030-25.00%0.845-23.46%
TSX-V
CA$ 0.030
05/12 10:30 -0.010
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Year l/h YTD var.
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52 week l/h 52 week var.
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