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    Rainy River Intersects 6.9 g/t Silver On Extended ODM Zone

    Investing News Network
    Jul. 19, 2012 09:54AM PST
    Silver Investing

    Rainy River Resources Ltd. (TSX:RR) reported the assay results from the Rainy River Gold Project in Ontario, which included an intersect of 6.9 g/t silver over 1.5 metres.

    Rainy River Resources Ltd. (TSX:RR) reported the assay results from the Rainy River Gold Project in Ontario, which included an intersect of 6.9 g/t silver over 1.5 metres.

    As quoted in the press release:

    • Deep drilling shows continuity of mineralized zones well below resource depth: NR121256 intersected 34.8 g/t gold and 6.9 g/t silver over 1.5 metres approximately 250 metres down dip of the ODM Zone, representing the deepest intersection of ODM mineralization to-date.
    • Grade continuity drilling continues to show elevated grades in proposed starter pit: NR121286 intersected 84.0 metres grading 2.9 g/t gold and 3.0 g/t silver from 63.0 metres to 147.0 metres down hole and within the proposed starter pit.
    • Infill drilling continues to show high grades near the bottom of the proposed open pit, with BH12UG01 intersecting 4.9 g/t gold and 3.7 g/t silver over 45.0 metres at a vertical depth of 531 metres.

    President and CEO of Rainy River Resources Ltd., Raymond Threlkeld, commented:

    The continuity of mineralization, as indicated by our deep drilling results, has been very encouraging, as have the elevated grades we have encountered within the proposed starter pit and near the ultimate pit bottom. Over the remainder of the year, Rainy River plans to focus exploration efforts on deep drilling as well as district targets in order to expand resources.

    Click here to read the full press release.

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