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UPDATE: Rainy River Sees Gains Trickle In As Provides Ontario Ops Update; Stocks at Day Highs

Rainy River Resources Ltd. (RR.TO) announced further assay results from the Intrepid Zone at the Rainy River Gold Project in northwestern Ontario.

HIGHLIGHTS:

- Near surface, drill hole NR121442 intersected 1.9 grams per tonne gold and 23.4 g/t silver over 57.0 metres, starting at a vertical depth of 72 metres below surface, including 2.5 g/t gold and 27.7 g/t silver over 36.0 metres.

- Drill hole NR121448, located 20 metres west of NR121442, intersected 1.8 g/t gold and 22.3 g/t silver over 28.5 metres, starting at a vertical depth of 45 metres and at the bedrock / overburden interface.

- Drill hole NR121446 intersected 2.9 g/t gold and 10.6 g/t silver over 33.0 metres, 25 metres down dip of NR121448 and at a vertical depth of 79 metres.

- Other results include drill hole NR121424, which intersected 8.4 g/t gold and 72.4 g/t silver over 4.5 metres at a vertical depth of 400 metres.

- NR121461 intersected 7.5 g/t gold and 23.3 g/t silver over 7.5 metres at a vertical depth of 205 metres.

RR went up by nearly 5% to $4.65, hitting day highs. Volume traded is over 506,000.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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