Rainy River Resources Ltd TSXV:RR announced assays from its Rainy River Gold Project in northwestern Ontario. Results include 942.6 g/t gold over 3 metres (including 1,845 g/t over 1.5 metres), 4.7 g/t over 7.5 metres, 2.7 g/t over 37.5 metres (including 5 g/t over 15 metres), 1.4 g/t over 33 metres and 41.4 g/t over 1.5 metres.
President/CEO Raymond Threlkeld commented, “These initial results from our 2011 drill program are an excellent beginning to expand our resources from our recently announced NI 43-101 resource estimate. The area between the Beaver Pond and ODM Zones is possibly another high-grade structural shoot, similar to others we’ve seen throughout the deposit. The discovery of gold-bearing mineralization over 800 metres along strike in the newly discovered Western Area to the northwest of Beaver Pond opens up significant untested exploration potential.”
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Director, Investor Relations
by Ted Niles