Rainy River Resources

NI 43-101 Resources of 3.42M oz. Au Indicated and 3.17M oz. Au Inferred (Feb. 2011)

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Message: Updated Mineral Resource

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Commentary

"We are very pleased to have increased our global resources to 3.42 M ounces in Measured and Indicated and 3.17 M ounces in Inferred, a significant increase from 2010," commented Raymond Threlkeld, President and CEO of the Company. "In addition, last year's infill program has greatly enhanced the quality of the resource, reporting Measured mineral resources for the first time on the project. The 107,000 metres that we drilled last year demonstrated the in-pit continuity that will allow us to proceed with scoping studies to determine the optimum pit size and mining methods. We will be aggressively expanding our exploration in 2011 to over 100,000 metres of drilling, to add to the potential in-pit ounces from the South and Cap Zones, and to conduct regional exploration outside the known resources to begin realizing the district potential at Rainy River."

Rainy River Announces Updated Mineral Resource Statement Marketwire Thu 8:07AM EST

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