Rainy River Resources Ltd.

Rainy River Resources Ltd.

December 03, 2007 16:15 ET

Rainy River Further Increases Land Position

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2007) - Nelson W. Baker, President and CEO of Rainy River Resources Ltd. (TSX VENTURE:RR), is pleased to report that the Company has added one additional parcel to its sizable land package in the Rainy River district of northwestern Ontario.

The Company has entered into an option agreements to earn a 100% interest in certain patented mineral rights totalling approximately 155 acres in Potts Township. In consideration, the vendors will receive total cash payments of $100,000 and will be issued a total of 50,000 shares over a five year period. This option agreement is subject to acceptance by the TSX Venture Exchange.

Nelson W. Baker, President

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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