A District, Not Just An Orebody

Rainy River Resources

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

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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A District, Not Just An Orebody

posted on Nov 14, 2012 04:25PM

A District, Not Just An Orebody
CEO Raymond Threlkeld Talks About Rainy River’s New Intrepid Zone
Kevin Michael Grace

November 14, 2012 - Rainy River Resources Ltd T.RR announced November 14 a $57.5-million bought-deal private placement to fund its Rainy River Gold Project (RRGP) and working capital. The agreement with National Bank Financial and BMO Capital Markets as co-lead underwriters will see the issuance of 10.5 million common shares at $5.50. The underwriters have the option to buy a further 1.6 million shares.

Also November 13, Rainy River announced the latest assays from its new Intrepid Zone, located one kilometre east of the proposed openpit boundary of RRGP. Highlights include

2.2 grams per tonne gold, 38.5 g/t silver over 18.5 metres
(including 6 g/t gold, 83.9 g/t silver over 3 metres)
4.3 g/t gold, 33.3 g/t silver over 18 metres
(including 8.4 g/t gold, 37 g/t silver over 6 metres)
3.8 g/t gold, 12.3 g/t silver over 10.5 metres
(including 8.3 g/t gold, 22.6 g/t silver over 3 metres)

RRGP comprises 16,530 hectares located 65 kilometres northwest of Fort Frances, near the Minnesota border. According to an October 10, 2012, 43-101 resource estimate, it contains 158.5 million tonnes grading 1.21 g/t gold and 2.62 g/t silver for 6.17 million ounces gold and 13.3 million ounces silver measured and indicated and 93.8 million tonnes grading 0.75 g/t gold and 2.32 g/t silver for 2.28 million ounces gold and 6.98 million ounces silver inferred. (Cutoff grades are 0.35 g/t gold openpit and 2.5 g/t gold underground.)

President/CEO Raymond Threlkeld spoke to Kevin Michael Grace November 8; read that interview here.

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