Wednesday 26th October 2016

Resource Clips

Rainy River reports Ontario Gold Assays up to 3.3 g/t over 349m

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

3.3 grams per tonne gold, 2.1 g/t silver over 349 metres
4.5 g/t gold, 5.7 g/t silver over 55.5 metres
3.4 g/t gold, 3.3 g/t silver over 27 metres
1 g/t gold, 1.7 g/t silver over 70.5 metres
1.8 g/t gold, 2 g/t silver over 57 metres
1.1 g/t gold, 2.9 g/t silver over 67.5 metres
2.9 g/t gold, 1.5 g/t silver over 37 metres
1.1 g/t gold, 2.1 g/t silver over 52 metres
1.1 g/t gold, 1.3 g/t silver over 66 metres
1.2 g/t gold, 1.7 g/t silver over 54 metres
0.2 g/t gold, 119.8 g/t silver over 17 metres

President/CEO Raymond Threlkeld commented: “The infill results released today continue to show the consistency of the mineralization within the conceptualized pit of the Rainy River Gold Project. We are very excited to have concluded our infill program with all of the required drilling completed for the Feasibility Study. We will release the remaining assays from the program when we receive those results. As Rainy River continues down the development track, we anticipate releasing our revised Preliminary Economic Assessment in early Q3, followed by a resource update, incorporating the infill program to-date, by late summer. The Feasibility Study will in turn incorporate this resource update and is targeted for release in the first half of 2013.”

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Indi Gopinathan
Director, Investor Relations

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by Kevin Michael Grace

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