Rye Patch Gold Corp.
OTC Bulletin Board : RPMGF

Rye Patch Gold Corp.

April 28, 2009 09:30 ET

Rye Patch Gold Claims More Mineral Rights Along the Oreana Trend

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 28, 2009) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(TSX VENTURE:RPM.WT)(OTCBB:RPMGF) ("Rye Patch" or the "Company") announces it has acquired additional lands along the Oreana trend between the Wilco and Lincoln-Hill projects. The Company acquired over 10 square kilometres through staking of claims. Rye Patch now controls a total land position of 65 square kilometres containing gold and silver resources; gold-in-soil and rock-chip anomalies; high-grade gold and silver in drillholes; and numerous target areas for follow up exploration.

The developing Oreana trend currently consists of known gold resources at Rye Patch's Wilco project (788,000 ounces of gold and gold equivalent in the measured and indicated category and 1,980,000 ounces of gold and gold equivalent in the inferred category) and Rye Patch's Lincoln Hill project (one 2008 drill hole intercepted 21.3m @ 27.2 g/t Au including 7.6m @ 75.4 g/t Au). Also along the trend is the Spring Valley deposit located to the northeast where Midway Gold's recent announcement reports an inferred resource of 1.83m ounces of gold. Spring Valley is being explored by Barrick Gold.

"The recent successes at Wilco and Spring Valley confirm the upside potential of this emerging gold-silver trend. Given the announced gold and silver resources and the new discoveries, the Oreana trend is developing potential for multiple gold deposits, and Rye Patch controls a significant portion of the mineralized ground," stated William C. (Bill) Howald, the Company's CEO and President.

A map of the Oreana trend can be found on Rye Patch's website at www.ryepatchgold.com.

As announced on April 8, 2009 on the Company's Wilco project, and on December 11, 2007 on the Jessup project, Rye Patch Gold resources now consist of 943,000 ounces of gold and gold equivalent in the measured and indicated category plus 2,008,000 ounces of gold and gold equivalent in the inferred category. The table below summarizes the resources for Rye Patch Gold's advance-stage projects.

Table 3: Rye Patch Gold's NI43-101 Resource Inventory
Gold &
Resource Gold Silver Contained Contained Equiv.
Category Tons Grade Grade Gold Silver Ounces
Property (1) (X 1,000) opt opt Ounces Ounces (3)
Wilco Measured 8,296 0.020 0.134 164,000 1,111,000 188,000
(2) Indicated 34,660 0.015 0.105 522,000 3,638,000 600,000
Inferred 134,303 0.012 0.111 1,660,000 14,960,000 1,980,000
Jessup Measured 0 0 0 0 0 0
(2) Indicated 5,423 0.022 0.31 120,000 1,655,000 155,000
Inferred 1,265 0.017 0.23 22,000 286,000 28,000
Total Measured Resources 164,000 1,111,000 188,000
Total Indicated Resources 642,000 5,293,000 755,000
Total Inferred Resources 1,682,000 15,246,000 2,008,000
1 Conforms to 43-101 definitions for resources. All numbers are rounded.
2 Cut-off grade for Wilco Measured and Indicated resource is reported at
0.0056 opt Au for oxide mineralisation and 0.042 opt Au for sulphide
mineralisation. The Inferred resource is reported at 0.0056 opt Au for
oxide, sulphide and carbonaceous ore types; however, a higher opt Au
cut-off grade may be required to upgrade the inferred resource to the
measured and indicated resource category. Cut-off grade for Jessup is
0.01 oz Au/t for oxide mineralisation, 0.015 oz Au/t for mixed material,
and 0.025 oz Au/ton for all unoxidised material.
3 Wilco and Jessup Resource includes Au equivalent ounces (Aueq.); where
Aueq. equals (Ag opt X $Ag/oz) + (Au opt X $Au/oz)/$Au/oz, for Au/oz
equals $750, and Ag/oz equals $16. Metallurgical recoveries and net
smelter returns are assumed to be 100%.

Mr. William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Gold's CEO and President, is the Qualified Person as defined under National Instrument 43-101. He has verified the information and has reviewed and approved the contents of this news release.

Rye Patch Gold Corp. is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver 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 and silver 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 has established gold and silver resource milestones and time frames in order to build a premier resource development company. 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

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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