Monday 5th December 2016

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Rio Novo reports Brazil Gold Assays including 1.78 g/t over 8m

Rio Novo Gold Inc TSX:RN announced results from its Almas Gold Project in Tocantins State, Brazil. Assays include 1.78 g/t gold over 8 metres (including 13.55 g/t over 0.9 metres), 1.84 g/t over 3 metres, 6.05 g/t over 8 metres (including 15.76 g/t over 3 metres), 1.02 g/t over 3 metres, 0.9 g/t over 12 metres (including 4.23 g/t over 2 metres), 24.44 g/t over 1 metre and 1.32 g/t over 10.1 metres (including 7.2 g/t over 1 metre).

The Almas Project has a mineral resource estimate of 305,900 ounces gold indicated and 543,500 ounces gold inferred.

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Contact:
David Beatty
CEO
416.368.8288

or Alex Penha
General Manager, Corporate Development
416.368.1573

by Ted Niles

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