Rainy River Resources Ltd.
TSX VENTURE : RR

Rainy River Resources Ltd.

July 12, 2005 13:20 ET

Rainy River Resources Increases its Land Position

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 12, 2005) - Nelson W. Baker, President of RAINY RIVER RESOURCES LTD. (TSX VENTURE:RR), is pleased to announce that the Company has signed two separate option agreements, adding to its already substantial land position in the Rainy River district of Northwestern Ontario.

The Company has acquired an option to earn a 100% interest in two properties, totalling 317 acres, in Richardson Township. In consideration, each of the two vendors will receive total cash payments of $100,000 and will be issued 50,000 shares over a five year 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.

ON BEHALF OF THE BOARD OF DIRECTORS OF RAINY RIVER RESOURCES LTD.

Nelson W. Baker, President and COO


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
    President and COO
    (604) 731-6900
    (604) 731-6999 (FAX)