Range Metals Inc.

Range Metals Inc.

December 21, 2007 15:11 ET

Range Metals Inc.: Drilling Completed on Rainy River Block "A" Claims and Appointments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2007) -


Range Metals Inc. (CNQ:RMIC)(FRANKFURT:YGK) announces a 2007 program of line cutting, geophysics, reverse circulation overburden drilling, and diamond drilling has now been completed on Range's Block "A" Claim property (in which it has a 50% interest).

The Block "A" Claims property covers 132 hectares and is located in Tait Township in the Rainy River District of Northwestern Ontario. The property is underlain by archean volcanic and sedimentary rocks and is 3 kilometres southwest of the #17 Zone being explored for gold by Rainy River Resources Ltd.

Rainy River Ontario Claims Map:

A total of 29 line kilometres of grid was cut with a line spacing of 50 metres. This grid covered the entire property. Horizontal loop and magnetometer surveys were carried out over 27.2 kilometres of cross lines in February 2007. A program of reverse circulation overburden drilling was carried out in February 2007. A total of 170 metres were drilled in 5 holes. Overburden ranged from 29 to 47.7 metres in thickness. Nine till samples were obtained from these 5 holes.

Diamond drilling was carried out to test conductive geophysical responses and interpreted structures in the area up ice from sites with elevated pristine gold grain counts from the overburden drilling. A total of 1299.4 metres of BQ diamond drilling in 6 drill holes was completed on the property between August 29th and September 23, 2007. All core has been sampled and analyzed. Core containing sulfide mineralization, alteration or veining was cut in half with one half sent for analysis. Indications of structure were encountered in all holes. Bedded sulfides (barren) and graphite were encountered in 3 of the 6 holes testing conductive features associated with structures on the property.

The stratigraphy and structures hosting gold mineralization on the adjoining Rainy River Resources property are believed to dip to the southwest onto Claim Block "A". These structures could occur at an unknown depth on the property and were not targeted during the recent drill program. Structures encountered in the phase 1 drill program had no indications of near surface gold in bedrock.

The Phase 1 drill program was intended to test conductive geophysical responses and interpreted structures in the area up ice from sites with elevated pristine gold grain counts from the overburden drilling. Bayfield Ventures (the holder of the other 50% interest in the property) and Range will compile and evaluate all data from the property and adjoining area to determine future work programs.

David J. Busch, B.A., B.Sc., P.Geo., is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.

Range Metals Inc. appointments

Vancouver, BC, Canada - Range Metals Inc. is pleased to announce the appointment of Mr. Garth Edgar as Chief Financial Officer. Mr. Edgar already occupies the positions of Vice President, Corporate Affairs of Range Metals, and Chief Financial Officer of wholly-owned subsidiary Range Gold Corp. He has also been appointed the Chief Financial Officer of Range Oil & Gas Inc., a wholly-owned subsidiary of Range Metals Inc. Mr. Edgar now occupies the position of Chief Financial Officer for Range Metals Inc. and its two subsidiaries and better reflects his duties and responsibilities within the Range Group.

About Range Metals Inc.

Range Metals Inc., publicly traded on the Canadian Trading and Quotation System (CNQ:RMIC) and Frankfurt Stock Exchange (FRANKFURT:YGK), is involved in the exploration and development of gold, diamonds, mineral, and oil & gas properties through its two wholly-owned subsidiaries, Range Gold Corp. and Range Oil & Gas Inc.

Range Gold Corp. is actively involved in several projects in the exploration for gold and uranium in Northwestern Ontario. Range Oil & Gas Inc. is in advanced negotiations to secure the necessary partners and concessions to explore and develop oil and gas reserves in the Kurdistan Region of Northern Iraq.

For further information on Range Metals Inc. and its subsidiaries visit Range's web site at www.rangemetals.com.


Don Sheldon, President

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Range 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 may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Range's management on the date the statements are made. Range undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.

The CNQ and Frankfurt Stock Exchanges have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this press release.

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