Rye Patch Gold Corp.

Rye Patch Gold Corp.

March 27, 2008 09:30 ET

Rye Patch Extends Gold Mineralization at the Jessup Resource Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 27, 2008) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(TSX VENTURE:RPM.WT) ("Rye Patch" or the "Company") reports it has extended the known gold mineralized zones and identified a new drill target on the Jessup resource project. Over the past several months, field work in the form of detailed geological mapping, reverse circulation and core drillhole re-logging, and re-interpretation of existing geophysics has been completed. Past drilling tested four targets including the San Jacinto, Central, and North Jessup gold-silver resource areas, and the Tosh Hill deposit. The conclusions and the upside potential are described below:

The San Jacinto resource target contains two types of gold-silver mineralization. The first consists of high-grade, gold-silver breccias within northwest oriented, vertical dipping zones. Rock-chip sampling of these breccias has yielded gold and silver values ranging from 0.20 g/t Au to 3.70 g/t Au and 0.05 g/t Ag to 1,330.00 g/t Ag. These mineralized structures are basically "fat veins" that control the high grade within the San Jacinto deposit.

The San Jacinto breccias zone is open to the northwest for 1200 feet (400 metres) as defined by a gold-in-soil anomaly and an untested, outcropping breccia that returned 1.1 g/t gold. In addition, the breccias target is open at depth.

A second type of mineralization identified in the San Jacinto deposits is localized within a felsic rhyolite tuff. This mineralization is disseminated and yields lower grade, but because of its geometry, could deliver additional bulk-tonnage mineralization for the deposit. The flat-lying zone is open to the south.

The two types of gold-silver mineralization show distinctive trace-element geochemistry and geophysical signatures.

At North Jessup, re-interpretation of the geology and structure shows the gold-silver deposit is still open. Rock-chip sampling to the west of the deposit returned gold values grading 1.3 g/t gold and 0.93 g/t gold suggesting the mineralization extends 800 feet (260 metres) to the west.

Field mapping and cross-section work continues at Central Jessup to understand the ore controls and prepare a drilling program that could potentially connect the Central Jessup zone with North Jessup and San Jacinto.

Field work in the Tosh Hill target identified a zone that returned gold values of 12.6 g/t gold, 16.0 g/t gold and 8.1 g/t gold from rock-chip samples in the new area. This newly defined target extends the Tosh Hill mineralization 400 feet (130 metres) to the southwest.

In addition to the above known areas, mapping and sampling has identified a new target zone within the northeastern portion of the Jessup property. The new target, named Gold King, returned gold values from reconnaissance rock-chip sampling between 1.0 g/t gold to 2.6 g/t gold.

As outlined in the Company's February 28, 2008, press release, a drilling program totaling 3,000 metres and costing US$550,000 is anticipated to commence in July.

With regard to the Wilco resource update, the Company is adjusting its guidance from March 31st to mid-May for the release of the updated resource estimate. The 45-day delay is the result of assay laboratory backlogs and 3rd party contractor scheduling.

Dr. Radu Conelea, AIPG Certified Professional Geologist #06871, the Company's Chief Geologist, is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical work on the exploration program and has reviewed the technical disclosure in this press release.

Rye Patch Gold Corp. is a Nevada-focused and discovery-driven company building a sizeable inventory of gold resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in acquisition, exploration and development of quality resource-based gold projects. Rye Patch Gold is developing its primary assets - the advanced-stage Wilco project located within the Humboldt Gold Trend in west-central Nevada and the Jessup project in Churchill County, Nevada. The Company is seeking gold opportunities that continue to create shareholder value and leverage the gold price. For more information about Rye Patch Gold, please visit our website at www.ryepatchgold.com.

On behalf of the Board of Directors

William C. (Bill) Howald, CEO & President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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