The Rainy River Gold Project (“Rainy” or the “Project”) is an advanced stage gold exploration project situated in the southern half of Richardson Township, approximately sixty-five kilometres northwest of Fort Frances in Western Ontario. In June 2005, Rainy River Resources Limited acquired a 100% interest in the project from Nuinsco Resources Limited.  Today, the Rainy River Gold Project is defining an emerging Canadian Gold District, hosting 4.4 million ounces in the measured and indicated resource category, and approximately 2.3 million ounces in the inferred resource category, as at June 29, 2011.

The location of the Rainy River Project is excellent. The Property is centred in Richardson Township in ‘mining friendly’ northwestern Ontario, approximately 162 kilometres south of Kenora and 418 kilometres west of Thunder Bay. The property has tremendous infrastructure – year-round road access with powerlines in close proximity, and the railway is located 21 kilometres to the south of the property. The town of Fort Frances has a population of approximately 10,000 people which would be invaluable in the event that this property becomes a mine, as it would provide a local work force and there would be no requirement to establish a camp.

With approximately $100 million in its treasury, the Company has just completed an aggressive exploration plan in 2011. In addition to +170,000 metres of drilling, the Company released a Preliminary Economic Assessment in Nov 2011. In 1H/12, the Company plans to incorporate 2011 drilling into the Resource Statement, and update the PEA with these results. The Company is conducting Metallurgical Testing and Environmental Baseline and Geotechnical Studies.

For information on project geology and mineralization, please review the 2011 43-101 Technical Report for the Rainy River Project.