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Rye Patch Gold Corp.

Publié le 11 juin 2009

Plans Program for High-Grade Gold at Lincoln Hill Project

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NEWS RELEASE
No. 09 - 11

Rye Patch Plans Program for High-Grade Gold at Lincoln Hill Project

Vancouver, British Columbia, June 10, 2009 - Rye Patch Gold Corp (TSX-V: RPM; OTC: RPMGF) ("Rye Patch" or the "Company") reports it has refined the geologic model for the Lincoln Hill project over the past several months. Using the results of the surface mapping, rock-chip sampling data, and detailed geologic cross section work, the Company believes it understands the controls of the high-grade gold and silver drilled in LR-013. Based upon the geologic drill sections, there are 14 additional targets within the project that could host similar high-grade gold and silver. The high-grade targets are located within a wider and more extensive area of alteration and stockwork mineralization that represents a secondary, near-surface bulk-tonnage target.

The Company is using its surface rock-chip sampling, geologic mapping and drill cross sections along with an emphasis on surface and down-hole geochemistry to identify the high grade zones, and determine their geometry. Higher grade areas tend to have silver to gold ratios (Ag:Au) of roughly 1:1 similar to the ratio reported in LR-013 and LR-018. Areas proximal to the high grade have Ag:Au ratios of 10:1 as seen in LR-009, while ratios peripheral to the higher grade zones show Ag:Au ratios of >40:1 (LR-010). The targets are being prioritized with the intent of drilling the best targets first. High-grade gold is defined as gold values greater than 8.0 ppm (0.233 opt Au). Table 1 summarizes the above mentioned drill results.

Table 1: Lincoln Hill Project - Selected 2008 Reverse Circulation Drilling Results

Drillhole

Target

Au

Ag

Drillhole
interval

From

To

Total
Depth

g/t

g/t

Metre

metre

metre

(Metres)

LR-009

Lincoln Hill

2.91

217

3.0

54.9

57.9

112.8

LR-010

Lincoln Hill

0.86

254

9.1

7.6

16.8

152.4

LR-013

Lincoln Hill

27.16

34

21.3

22.9

44.2

160.1

Including

75.44

82

7.6

27.4

35.1

LR-018

Lincoln Hill

8.92

9

3.0

29.0

32.0

152.4



"As reported in last year's drilling campaign, the Lincoln Hill project has the potential for high-grade gold and silver mineralization. The geologic team has developed a set of criteria that disclose the potential location of high grade gold and silver mineralization on the property. Given the Company's finding costs to date, a program of $1 million dollars could establish a substantive resource of high-grade gold. This would increase the current resource estimates along the Oreana gold trend and show the trend has potential for high-grade gold deposits", stated William C. (Bill) Howald, the Company's CEO and President.

The program is being designed and will incorporate a combination of core and RC drilling. A total of 3,000 metres (9,000 feet) of RC and 2,000 metres of core are being considered.

As announced on May 11, 2009 and June 2, 2009, Rye Patch Gold's resources consist of 1,164,000 ounces of gold and gold equivalent in the measured and indicated category plus 2,177,315 ounces of gold and gold equivalent in the inferred category. Table 2 summarizes Rye Patch Gold's precious metal inventory in Nevada, USA.

Table 2: Rye Patch Gold�s NI43-101 Resource Inventory

Property

Resource
Category1

Tons
(X 1,000)

Gold
Grade
opt

Silver
Grade
opt

Contained
Gold
Ounces

Contained
Silver
Ounces

Contained
Gold & Gold
Equiv. Ounces3

Wilco2

Measured
Indicated
Inferred

8,296
34,660
134,303

0.020
0.015
0.012

0.134
0.105
0.148

164,000
522,000
1,660,000

1,111,000
3,638,000
19,871,000

188,000
600,000
2,084,315

Jessup2

Measured
Indicated
Inferred

8,571
13,936
4,954

0.015
0.012
0.016

0.255
0.209
0.231

128,000
172,000
77,000

2,184,000
2,906,000
1,146,000

161,000
215,000
93,000

Total Measured Resources
Total Indicated Resources
Total Inferred Resources

292,000
694,000
1,737,000

3,295,000
6,544,000
21,017,000

349,000
815,000
2,177,315

1  Conforms to 43-101 definitions for resources.  All numbers are rounded.
2  Cutoff grade for Wilco Measured and Indicated resource is reported at 0.0056 opt Au for oxide mineralisation and 0.042 opt Au for sulphide mineralisation.  The Inferred resource is reported at 0.0056 opt Au for oxide, sulphide and carbonaceous ore types; however, a higher opt Au cut-off grade may be required to upgrade the inferred resource to the measured and indicated resource category.  Cut-off grade for Jessup is reported at 0.005 opt Au for oxide mineralisation and 0.010 opt Au for transition and sulphide mineralisation;
3  Wilco and Jessup Resource includes Au equivalent ounces (Aueq.); where Aueq. = (Ag opt X $Ag/oz) + (Au opt X $Au/oz)/$Au/oz, for Au/oz = $750, and Ag/oz = $16. Metallurgical recoveries and net smelter returns are assumed to be 100%.



Mr. William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Gold's CEO and President, is the Qualified Person as defined under National Instrument 43-101. He has verified the information and has reviewed and approved the contents of this news release.

Rye Patch Gold Corp. is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver 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 and silver projects. Rye Patch Gold is developing its primary assets -- the advanced-stage Wilco project located within the emerging Oreana gold trend in west-central Nevada and the Jessup project in Churchill County, Nevada. The Company has established gold and silver resource milestones and time frames in order to build a premier resource development company. For more information about Rye Patch Gold, please visit our website at www.ryepatchgold.com.

'William Howald'
William C. (Bill) Howald, CEO & President

For additional information contact:

Rye Patch Gold Corp
Karen Robb, Manager, Investor Relations
info@ryepatchgold.com
Tel.: (604) 638-1588
Fax: (604) 638-1589
www.ryepatchgold.com

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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

<

Rye Patch Gold Corp.

EXPLORATEUR
CODE : RPM.V
ISIN : CA7837271005
CUSIP : 783727 10 0
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Rye Patch Gold est une société d’exploration minière d'or basée au Canada.

Rye Patch Gold détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont LINCOLN HILL, JESSUP, WILCO, GARDEN GATE PASS et GOLD RIDGE NEVADA en USA.

Rye Patch Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 410,5 millions CA$ (318,7 millions US$, 273,4 millions €).

La valeur de son action a atteint son plus bas niveau récent le 20 février 2009 à 0,10 CA$, et son plus haut niveau récent le 19 janvier 2018 à 1,66 CA$.

Rye Patch Gold possède 387 300 000 actions en circulation.

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Financements de Rye Patch Gold Corp.
24/12/2009Closes First Tranche Of Private Placement
15/12/2009Announces Private Placement
15/12/2008Announces Private Placement
16/05/2008Rye Patch Announces Follow-Up Private Placement
16/05/2008Rye Patch Closes $1.25 Million Private Placement
Attributions d'options de Rye Patch Gold Corp.
11/06/2008Grants Stock Options
Nominations de Rye Patch Gold Corp.
22/10/2007Hires Manager Of Investor Relations
Projets de Rye Patch Gold Corp.
14/02/2014Discusses Exploration Programs And Budget For 2014
31/12/2013Coeur Rochester Mine Royalty Starts At Midnight
06/08/2013Quantifies 3.4% NSR Coeur Rochester Mine Royalty
09/05/2013(Lincoln Hill)Reports Lincoln Hill Exploration Update
08/05/2013Reports LH Claims Exploration Results
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17/09/2012Rye Patch Announces Updated Gold and Silver Resources Within...
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05/12/2011Expands Oreana Trend Holdings Stakes Mining Claims On Existi...
03/10/2011(Lincoln Hill)Finds New High-Grade Gold And Silver Zones At Lincoln Hill
13/09/2011(Garden Gate Pass)is Drilling at Garden Gate Pass Project
09/08/2011(Garden Gate Pass)is Ready to Drill Garden Gate Pass Project
27/07/2011(Wilco)Reports Metallurgical Results From Wilco
02/06/2011(Wilco)Drills Thick Gold Zone at Wilco
25/05/2011(Lincoln Hill)Starts Drilling on Jefferson Zone at Lincoln Hill
16/05/2011Resource Clips: Rye Patch Works Toward Eight Million Nevada ...
09/05/2011(Wilco)Extends North Basin High-Grade Zone At Wilco
20/04/2011(Jessup)Adds Jessup to 2011 Program and Budget
03/03/2011(Wilco)Drills More High-Grade Gold at Wilco
17/02/2011(Wilco)Announces 2011 Programs and Budgets for Nevada Portfolio
17/02/2011(Jessup)Announces 2011 Programs and Budgets for Nevada Portfolio
17/02/2011(Gold Ridge Nevada)Announces 2011 Programs and Budgets for Nevada Portfolio
08/02/2011(Lincoln Hill)Drills Thick Zones of Gold and Silver at Gold Ridge
25/01/2011(Wilco)Continues Drilling Success at Wilco
12/01/2011(Lincoln Hill)Drills New Gold and Silver Zone on Lincoln Hill
11/08/2010(Lincoln Hill)Identifies New Gold Target Along The Oreana Trend
30/06/2010(Lincoln Hill)Files Technical Report on Lincoln Hill Resource
07/06/2010(Wilco)Drills 44.5 G/T Au and 36.3 G/T Ag over 1.5 Metres at Wilco
10/12/2009(Lincoln Hill)Drills 21.19 g/t Gold Over 7.0 Metres At Lincoln Hill
13/11/2009(Lincoln Hill)Drills 15.2 G/T Gold And 308 G/T Silver Over 3 Metres At Lin...
11/06/2009(Lincoln Hill)Plans Program for High-Grade Gold at Lincoln Hill Project
02/06/2009(Jessup)Jessup Gold and Silver Resource Estimate
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Communiqués de Presse de Rye Patch Gold Corp.
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09/07/2016Rye Patch Announces Filing of NI 43-101 Technical Report on ...
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18/12/2015Rye Patch Amends Patty Agreement with Barrick and Provides U...
15/12/2015Caesars Report's Thibaut Lepouttre Interviewed by The Gold R...
29/10/2015Rye Patch receives $1,462,300 quarterly royalty payment
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19/10/2015U.S. Global Investors' Frank Holmes and Ralph Aldis Intervie...
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28/08/2015Rye Patch Gold Grants Stock Options
11/08/2015Rye Patch Arbitrates Q1 2014 Royalty Payment with Coeur
16/07/2015Rye Patch receives $1,490,000 quarterly royalty payment
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16/04/2015Rye Patch Receives $1,850,000 Quarterly Royalty Payment
09/04/2015Rye Patch Completes Land Purchase at Lincoln Hill
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24/11/2014Rye Patch Drills High-Grade Structural Zones At Lincoln Hill
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15/09/2014Rye Patch Drills 1.24 g/t AuEq Over 19.8m at Its Gold Ridge ...
08/09/2014Rye Patch Appoints VP Corporate Development
21/08/2014Rye Patch Gold Announces Stock Options Extensions
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28/05/2014Rye Patch Reports Drilling Starts at Lincoln Hill
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09/05/2014Rye Patch Gold Appoints New Chairman
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12/07/2013Grants Stock Options
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06/11/2012s Rochester Project Resources Based on Coeur d'Alene's Recen...
26/10/2012Receives New Trial Date From Sixth District Court
16/10/2012Rye Patch Receives Court Order Granting Coeur's Motion to Po...
16/10/2012Receives Court Order Granting Coeur's Motion to Postpone
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15/08/2012Rye Patch Updates Status of Lawsuit Against Coeur Rochester,...
06/08/2012Rye Patch Stakes More Mineral Claims at Rochester and Packar...
30/05/2012Mid-Day Breaking News From Gold Canyon and Rye Patch
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12/03/2012Files Motion for Restraining Order Against Coeur d'Alene Min...
15/02/2012Rye Patch Gold Achieves #6 Ranking on the 2012 TSX Venture 5...
16/01/2012Added To S&P/Tsx-V Index
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21/12/2011Granted Access To The LH Claims
17/12/2011s Court Proceedings
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25/08/2011Jay Taylor writes up Rye Patch Gold Corp.
17/02/2011Announces 2011 Programs and Budgets for Nevada Portfolio
28/07/2010Leases Wilco Geothermal Rights
23/06/2010Ubika Research Initiates Coverage on Rye Patch Gold Corp.
26/02/2010has been added to GoldMinerPulse.com
10/02/2010Executes Definitive Agreement with Centerra Gold (U.S.) Inc....
21/10/2009Coverage in the Gold Newsletter
28/11/2008Announces Release Of Previously Escrowed Securities
04/11/2008TSX Venture Exchange Advances Rye Patch Gold To Tier 1 Statu...
24/09/2008Drills 25 Feet Grading 2.2 Ounces/Ton Au at Lincoln Hill
17/09/2008Drills 45.7 Metres Grading 1.34 G/T Au At Wilco
19/08/2008Reports Lincoln Hill - Gold Ridge Drilling Complete
29/07/2008Reports On The Wilco Drill Program
10/07/2008Begins Drilling On Lincoln Hill And Gold Ridge
29/05/2008Confirms Ridge Gold/Silver Anomaly On Lincoln Hill
28/05/2008to be featured on CEO Clips airing on BNN
30/04/2008Increases Wilco Gold Resource
03/04/2008 Retains Renmark Financial Communications
28/02/2008Releases Project Programs And Budgets For 2008
06/02/2008Options Cortez Trend Gold Play From Barrick
19/11/2007Acquires Rights to Lincoln Hill Property, Nevada and Consoli...
17/10/2007Expands Section Line Discovery on Wilco Project
03/10/2007Completes Acquisition Of The Jessup Project, Nevada From Mid...
25/09/2007Drills 21 Metres of 2.74 g/t Gold New Gold Zone on Wilco Pro...
06/09/2007Doubles Wilco Gold Resource
21/08/2007Acquiring The Jessup Project, Nevada From Midway Gold Corp.
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TSX-V (RPM.V)
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