Rainy River Resources Ltd.
TSX VENTURE : RR

Rainy River Resources Ltd.

November 13, 2007 08:00 ET

Rainy Drilling on ODM/17 Zone Continues to Intersect Strong Gold Intervals 11.5 Metres Grading 5.37 Grams Per Tonne Gold (ODM Zone) 8.0 Metres Grading 5.50 Grams Per Tonne Gold (17 Zone East)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2007) - Nelson W. Baker, President of Rainy River Resources Ltd. (TSX VENTURE:RR) is pleased to report the assay results for nine holes, NR07-181, 182, 183, 185, 186, 188, 190, 195 and NR07-196, all recently completed along the Company's 17 Gold Trend centered in the southern part of Richardson Township located 80 km south of Kenora in northwestern Ontario. Five of the eight holes (NR07-181, 183, 183, 188 and 196) were drilled in the ODM Zone either as in-fill or as step-outs to the west toward the Beaver Pond Zone. The remaining three holes (NR07-185, 186, 190 and 195) were drilled in the eastern part of the 17 Zone.

HIGHLIGHTS:

ODM ZONE

- NR07-181 intersects 37.5m grading 1.99 g/t Au including 11.5m grading 5.37 g/t Au

- ODM Zone extended 110m west with hole NR07-196 intersecting 6.0m grading 3.50 g/t Au

17 ZONE (EAST)

- NR07-195 two separate gold intervals:

- Upper Zone - 12m grading 2.04 g/t Au

- Lower Zone - 25m grading 2.55 g/t Au including 8.0m grading 5.50 g/t Au

The details of all intervals for the nine diamond drill holes are highlighted in Table I below. The location of all holes is posted on the Company's website.

A Phase IV reverse circulation drilling program recently completed south and north of the Beaver Pond Zone has provided compelling evidence that two additional mineralized trends occur parallel to and on each side (north and south) of the main 17 Gold Trend (see plan posted on website www.rainyriverresources.com). Situated 400m south and stratigraphically above the 17 Gold Trend, the CAP Gold Trend contains the Company's most recent discovery of semi-massive sulphide mineralization carrying strong gold and silver values announced in a news release dated November 5, 2007. Reverse circulation drilling indicates that the CAP Gold Trend may be 2 km long.

The second new mineralized trend, the 433 Gold Trend, lies 400m north of and stratigraphically below the 17 Gold Trend and has now been traced for 1.5 km in a west-northwesterly direction. Both the CAP and 433 GOLD TRENDS offer strong potential for the discovery of new gold zones along strike and at depth.

Referring to the deep hole (NR07-198) that identified the new gold-silver zone on the CAP GOLD TREND and is now targeting the 17 and 433 Trends at depth, Nelson Baker commented: "Rarely do we find exploration geologists who are willing to gamble on drilling a 2000 m drill hole to test for the down plunge extension of a gold horizon. The remarkable continuity of the ODM/17 Zone both down plunge and along strike in previous drilling, in conjunction with the broad 600 ha surface extent of the caldera mineralized system, has provided us with a high level of comfort in the depth potential of the system".

About Rainy River Resources Ltd.

Rainy River is an exploration company focused on developing it's 100% owned gold and base metal property which is located 80 km south of Kenora, northwestern Ontario. The property is open to year round exploration, including drilling, and has excellent infrastructure with ready access to railroads, highways and electrical power. To date over $13 million has been spent on the project by the Company. Currently there are four rigs on the property. Rainy River is projecting to spend $10 million by the end of 2008 and currently has more than $38 million dollars in the bank.

Nelson W. Baker, President



Table 1.
Significant Results

ODM ZONE/BEAVER POND AREA
---------------------------------------------------------
---------------------------------------------------------
Hole From To Interval Gold
(m) (m) (m) (g/t)
---------------------------------------------------------
---------------------------------------------------------
NR07-181 312.00 336.50 37.50 1.99
---------------------------------------------------------
Incl. 312.00 323.50 11.50 5.73
---------------------------------------------------------
Incl. 312.00 319.50 7.50 7.63
---------------------------------------------------------
NR07-182 139.50 141.00 1.50 1.06
---------------------------------------------------------
201.00 205.50 4.50 1.02
---------------------------------------------------------
408.00 409.50 1.50 1.20
---------------------------------------------------------
469.50 510.00 40.50 0.86
---------------------------------------------------------
NR07-183 652.00 661.00 9.00 0.64
---------------------------------------------------------
NR07-188 657.00 678.00 21.00 1.00
---------------------------------------------------------
838.50 852.00 13.50 0.82
---------------------------------------------------------
NR07-196 359.00 365.00 6.00 3.05
---------------------------------------------------------



17 ZONE (EAST)
---------------------------------------------------------
---------------------------------------------------------
Hole From To Interval Gold
(m) (m) (m) (g/t)
---------------------------------------------------------
---------------------------------------------------------
NR07-185 96.10 105.00 8.90 1.67
---------------------------------------------------------
345.50 428.00 82.50 0.87
---------------------------------------------------------
NR07-186 408.50 410.10 1.60 1.88
---------------------------------------------------------
NR07-190 136.00 137.00 1.00 4.84
---------------------------------------------------------
176.60 177.70 1.10 4.08
---------------------------------------------------------
NR07-195 386.00 398.00 12.00 2.04
---------------------------------------------------------
444.00 469.00 25.00 2.55
---------------------------------------------------------
Incl. 450.00 458.00 8.00 5.50
---------------------------------------------------------
---------------------------------------------------------


Please note that all drill holes were drilled at an azimuth of 359 degrees and all intersection widths quoted in the table above are considered to be true width intervals.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, including market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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