SOURCE: Reno Gold Corporation

September 11, 2007 08:31 ET

Reno Gold Corp. Announces Expansion of Exploration Opportunities With Western Recon

VAUGHAN, ON--(Marketwire - September 11, 2007) - Reno Gold Corp. (PINKSHEETS: RNGG) is pleased to announce that it has now completed negotiations with Western Recon & Mineral Exploration Inc. The agreement was negotiated between Reno Gold Corp. and Western Recon & Mineral Exploration Inc. and will be finalized before the expected signing date of September 30th, 2007. The agreement will involve identifying properties that will be included in the Reno Gold Corp. inventory of properties. Reno and Western Recon & Mineral Exploration Inc. will work together to set timetables for any exploration programs for all the properties acquired under this agreement. The relationship between Reno Gold Corp. and Western Recon & Mineral Exploration Inc. is a key component of Reno's business strategy to inventory the best possible mineral exploration properties available in Nevada.

Talal Chehab, Secretary Treasurer of Reno Gold Corp., explained, "We are delighted to have concluded this agreement with Western Recon. Both our teams are committed to the same vision. I expect we will be able to inventory some very interesting properties and be able to deliver some solid blue sky potential for Reno Gold shareholders."

About Reno Gold Corp.:

The company was formed as a precious metals mining, exploration and Development Company in June 2004. Reno Gold Corp. is managed by an experienced team with a successful track record in exploration and mine development. The goal of the company is to maximize shareholder value by identifying the highest yielding ore bodies available in the State of Nevada. Nevada boasts an enviable history of hosting some of the world's largest ore bodies and areas including the world famous Carlin Trend. Numerous large exploration companies operate in Nevada including Newmont Mining, Barrick Gold and Glamis Gold. Any additional properties acquired in Nevada will compliment Reno Gold Corp.'s 60% interest in the Good Hope Property which is in year two of a three year exploration program. The Good Hope Property is located in Elko County, Nevada. Nevada accounts for most of America's gold production. The 2000 acre property is adjacent to Jerritt Canyon Mines which has produced over 12,000,000 ounces of gold to date.

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Reno Gold Corp.
    Investor Relations
    416-960-4144