Rainy River Resources Ltd.
TSX VENTURE : RR

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.

RAINY RIVER RESOURCES LTD.

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.
    President
    (604) 731-6900
    (604) 731-6900 (FAX)