Rainy River Resources Ltd.

Rainy River Resources Ltd.

August 04, 2005 12:23 ET

Rainy River Grants Incentive Stock Opions

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 4, 2005) - Marshall Bertram, Chief Financial Officer of RAINY RIVER RESOURCES LTD. (TSX VENTURE:RR), announces that the Company has granted a total of 860,000 incentive stock options to Directors and employees in accordance with the Company's stock option plan. The options are exercisable for a period of two years at $0.50 and are subject to a four month hold period.

Rainy River Resources Ltd. is a Canadian mineral exploration company that has recently acquired a 100% interest from Nuinsco Resources Ltd. (TSX:NWI) in the Rainy River gold and base metal property located in northwestern Ontario. The Rainy River Project hosts two "blind" gold-rich volcanogenic massive sulphide occurrences (the #17 Gold Zone and the 433 Zone) and one "blind" small but high grade Ni-Cu-PGE deposit.


Marshall Bertram, Chief Financial Officer

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

Contact Information

  • Rainy River Resources Ltd.
    Mr. Nelson Baker, P.Eng.
    (604) 731-6900
    (604) 731-6900 (FAX)