Rainy River Resources Ltd.
TSX VENTURE : RR

Rainy River Resources Ltd.

April 30, 2008 15:02 ET

CORRECTION FROM SOURCE: Rainy River to Drill New Goldbearing Base Metal Targets in the Off Lake Area, Northwestern Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2008) - A correction from source is issued with respect to the release disseminated today at 13:45 ET. In the first sentence of the first paragraph, the date "February 29, 2008" has been changed to the correct date "April 29, 2008". The corrected release follows:

Nelson W. Baker, President and CEO of Rainy River Resources Ltd. (TSX VENTURE:RR) is pleased to report that a 1500 metre drill program began April 29, 2008 to test a number of newly discovered surface showings of Au + VMS-style mineralization carrying elevated gold, silver, zinc and copper values along the east shore of Off Lake. Of particular interest, last October 2007, Company prospectors, mechanical trenching and detailed geological mapping by Dr. Lorne Ayres uncovered a high incidence of sub-angular, semi-massive sulphide float near the contact between a northeast trending felsic dike complex and a metagabbro unit. Assay values from several grab samples collected from the sub-angular float carried up to 7.66% Zn, 15.25 g/t Au, and 2.75 % Cu in select grab samples. Approximately eight holes have been planned to drill test this promising target and several others identified by prospecting during the 2007 field season.

Nelson W. Baker, P.Eng., is the Qualified Person for the project and the person responsible for the contents of this news release.

About Rainy River Resources Ltd.

Rainy River is a Canadian precious metals exploration company whose key asset is the Rainy River gold project. With a $37 million treasury, the Company is well funded to conduct an aggressive year-round resource definition drilling program and regional drill testing of priority targets specifically designed to enhance the resource of 1.4 million ounces of indicated and 2.2 million ounces of inferred gold mineralization. The property is extremely well located in western Ontario near the U.S border. It is accessed by a network of roads, and is close to hydro-electric infrastructure. 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 that embraces mineral development.

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, 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.

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