Thursday 13th December 2018

Resource Clips

Rainy River reports Ontario Assays up to 2.7 g/t Gold over 45m

Resource Clips - essential news on junior gold mining and junior silver miningRainy River Resources Ltd TSX:RR announced results from its Rainy River Gold Project in northwestern Ontario. Highlights include

2.7 g/t gold and 2.3 g/t silver over 45 metres
(including 4.6 g/t gold and 4 g/t silver over 7.5 metres)
6.6 g/t gold over 16.5 metres
(including 8.6 g/t gold over 12 metres)
50.3 g/t gold and 3.8 g/t silver over 1.5 metres
44.2 g/t gold and 2.2 g/t silver over 1.5 metres
0.7 g/t gold and 1.1 g/t silver over 63 metres
8.4 g/t gold and 3.9 g/t silver over 5.5 metres
(including 22.6 g/t gold and 10.3 g/t silver over 1.5 metres)
3.8 g/t gold and 1.3 g/t silver over 10.5 metres
(including 17.1 g/t gold and 5.1 g/t silver over 1.5 metres)

President/CEO Raymond Threlkeld commented, “Drilling between ODM and 433 and Cap/South is converting what was potentially waste rock into significantly mineralized zones that could add to in-pit resources. Our deep drilling highlights the fact that the project remains open at depth and returns grades that support underground mining, while exploration drilling in the recently discovered Western Area and 17 Zone Eastern Extension continues to be very encouraging. The company’s preliminary economic assessment is being completed and is targeted for release shortly. The PEA does not include any drill results subsequent to February 27, 2011. An updated NI 43-101 compliant resource statement is targeted for completion and release in early 2012 and will include infill and new discovery drilling from February 27 to year-end.”

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Indi Gopinathan
Director of Investor Relations

by Greg Klein

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