Rainy River Resources Ltd.

Rainy River Resources Ltd.

June 10, 2008 07:01 ET

Rainy River Resources Ltd.: More Wide Gold Intervals Near Surface in 17/ODM Zone

NR08-252 Intersects 63.3 m Grading 2.57 g/t Au NR08-251 Intersects 58.5 m Grading 1.44 g/t Au

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 10, 2008) - Nelson W. Baker, President and CEO of Rainy River Resources Ltd. (TSX VENTURE:RR), is pleased to report results for two additional north trending drill holes recently completed in the southern part of Richardson Township approximately 80 km south of Kenora, Ontario. Both holes were designed to enhance the present global gold resource of 1.4 M oz in the indicated category and 2.2 M oz in the inferred category reported on February 26, 2008 (see press release). Like NR08-253 reported in a recent (May 29, 2008) press release, holes NR08-251 and NR08-252 were positioned to intersect both the 17/ODM Zone near surface and, further down hole, the HS Trend occurring approximately 150 metres stratigraphically to the north. Again both drill holes intersected wide intervals of gold mineralization in the 17/ODM Zone exceeding resource grade. The strongest intersection was obtained in NR08-252 which returned a 63.3 m interval grading 2.57 g/t Au including three higher grade sections of 4.5 m grading 12.17 g/t Au, 4.5 m grading 6.37 g/t Au and a lower 3.0 m interval grading 6.92 g/t Au. The second hole, NR08-251, returned 58.5 m grading 1.44 g/t Au including a 3.0 m section grading 8.05 g/t Au. Further down hole, the HS Trend returned 3.8 m grading 6.17 g/t Au.

The details of both holes are highlighted in Table I below and a location plan will be posted on the Company's website www.rainyriverresources.com shortly. Presently, there are three rigs actively drilling in Richardson Township.

Details on the current mineral resource are available in the April 2008 Technical Report which has been posted on SEDAR (www.sedar.com) and will be posted on the Company's website shortly www.rainyriverresources.com.

Rainy River's exploration program is being managed by Project Manager, Wally Rayner, P. Geo., a Qualified Person within the meaning of NI 43-101. C.J. Baker, M.Sc., is the Company's regional exploration manager and is responsible for supervising the Company's Off Lake program. Nelson W. Baker, P.Eng., is the Qualified Person for the project and the person responsible for the contents of this news release. The Company has implemented a rigorous QA/QC program to ensure best practices in sampling and analysis of drill core. The procedures of the QA/QC program are detailed on Rainy River's website at www.rainyriverresources.com.

About Rainy River Resources Ltd.

Rainy River Resources is an experienced Canadian precious metals exploration company whose key asset is the Rainy River gold project located in north-western Ontario. With $37 million in its treasury, the Company is well funded to conduct an aggressive, year-round resource definition drilling program and a regional program of drill testing many other high-priority gold targets. The Company's 60,000-acre property in terms of infrastructure is very 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. The Rainy River district has a skilled labour force and is one of the lowest-cost areas for mineral exploration. 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 embracing mineral development.

Nelson W. Baker, President

Table I

Hole From (m) To (m) Width (m) Au (g/t) Trend
NR08-252 205.0 268.3 63.3 2.57 17/ODM
Including 214.0 218.5 4.5 12.17
Including 224.5 229.0 4.5 6.37
Including 242.5 245.5 3.0 6.92

NR08-251 203.0 261.5 58.5 1.44 17/ODM
Including 228.5 231.5 3.0 8.05
320.0 323.8 3.8 6.17 HS Trend
Note: All intersected widths are estimated to be true width intervals
and all gold values listed above are uncut.

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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