SOURCE: Reno Gold

November 09, 2005 09:00 ET

Reno Gold Corp. Announces Operational Agreement With Red Ray Mining Consultants Inc.

Red Ray Mining Equipment and Proprietary Non-Cyanide Ore Extraction Processing Formulas to Facilitate Trinity Claims Ore Concentrate Production

VAUGHAN, ON -- (MARKET WIRE) -- November 9, 2005 -- Reno Gold (OTC: RNGD) announced today that the Company has entered into an Operational Agreement with Red Ray Mining Consultants Inc. (Red Ray Mining) to utilize Red Ray Minings' equipment and proprietary ore extraction processing formulas requiring no cyanide to facilitate the production of ore concentrates from its Trinity Claims (see below). Reno will be leasing Red Ray's equipment and formulas at a monthly rate not to exceed US$30,000 per month depending upon the amount of concentrates obtained and doray bars produced.

About Reno Gold:

The Company was formed as a precious metals mining, exploration and Development Company in June of 2004. Reno Gold is the registered owner of eighteen lode mining claims, known as the Trinity claims, registered with the Bureau of Land Management (BLM) as claim numbers 90664-90666 comprising 360 acres, located in (Sec 30; R 24 N, T 29 E) Churchill County, Nevada. The property comprising the Trinity claims is approximately 50 miles east of Reno, Nevada, in what is known as the Forty Mile Desert. The claim lies at an altitude of 3,890 feet and is mainly flat with little or no vegetation. The surface has volcanic float from hills to the north, but is mainly covered in recent, powdery, white Lake Lahontan sediments.

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:
    LC Group
    Rick Lutz
    (404) 261-1196
    Reno Gold Corp.

    Paul Gambin
    416-520-8231