Rainy River Resources Ltd.
TSX VENTURE : RR

Rainy River Resources Ltd.

October 06, 2009 19:12 ET

Rainy River Appoints Liz Caridi as Director of Investor Relations & Corporate Governance

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 6, 2009) - Rainy River Resources Ltd. (TSX VENTURE:RR) is pleased to announce that Liz Caridi has been promoted to Director of Investor Relations and Corporate Governance.

Ms. Caridi has over 13 years of experience in the mineral exploration industry, particularly in managing communications and compliance for junior exploration companies listed on the TSX Venture Exchange, the TSX and the American Stock Exchange and has been with Rainy River since 2005 as Corporate Secretary and Compliance Manager. Ms. Caridi has a Bachelor of Arts degree from the University of British Columbia and has completed the Canadian Securities Course and several corporate governance courses.

About Rainy River Resources Ltd.

Rainy River Resources is a Canadian precious metals exploration company whose key asset is the Rainy River gold project. With CAN$18 million in its treasury, the Company is well funded to conduct a dual-focused drilling program consisting of: 1) definition diamond drilling of the main gold resources in preparation for scoping and pre-feasibility studies, and 2) selective diamond drill testing of high-priority gold targets defined primarily by RC drilling within the large gold system centered in Richardson Township. The Company's property is extremely well located in the southwestern corner of northern Ontario near the U.S. border. It is accessed by a network of roads and is close to hydro-electric infrastructure. The Rainy River district has a skilled labour force and is one of the lowest-cost areas for mineral exploration and development. Ontario has low political risk and, according to the annual Fraser Institute global survey of the mining industry, has consistently ranked as one of the top jurisdictions embracing mineral development.

RAINY RIVER RESOURCES LTD.

Raymond Threlkeld, President & CEO

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, include 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.

Contact Information