Rainy River Resources Ltd. (TSX VENTURE:RR) (the "Company" or "Rainy") is
pleased to provide an update on its technical programs at the Rainy River Gold
Project (RRGP) in Northwest Ontario. 


Rainy River is currently in the process of updating the mineral resource
statement for the project. SRK Consulting Canada will be adding 50 drill holes
to the existing resource model (see press release dated Feb 24, 2011). The
updated model will form the basis for the Preliminary Economic Assessment
("PEA"). The Company also announces that it has engaged the services of BBA Inc.
("BBA") and AMEC (Earth & Environmental) ("AMEC") to complete a Preliminary
Economic Assessment for the RRGP and to provide ongoing technical support for
the Company's engineering and environmental programs. 


BBA is a privately owned engineering firm based in Montreal, QC. The firm has
over 600 employees and specializes in mining and energy projects. BBA led or is
leading the feasibility and design of recent Canadian gold projects including
the Detour Gold project, Osisko's Canadian Malartic mine, and Aurizon Mines'
Joanna project. BBA will lead the PEA at Rainy River and will direct the
Company's metallurgical test programs and site plan engineering.


BBA's scope of work will include the determination of capital and operating
costs for an initial open-pit mine and possible phased expansions. An evaluation
of future underground mine production at the RRGP will also be included.


Once the PEA is completed in Q3 2011, Rainy River will develop an optimal design
for an Advanced Exploration Program that was initiated in late 2010. The
Advanced Exploration Program will be designed to provide access to conduct
underground exploration and, ultimately, development access to the deep
mineralization in the ODM, 433 and BP Zones, and the newly-discovered 17 East
Zone.


AMEC's Earth & Environmental business is part of the global AMEC organization
with 22,000 employees operating in nearly 40 countries worldwide. AMEC has
extensive mining experience providing environmental, permitting, geotechnical
and engineering services to a number of major new mining projects in northern
Ontario. AMEC will support the PEA study and lead the Company's environmental
and geotechnical assessments. 


The exploration program at the RRGP for calendar 2011 includes 170,000metres of
diamond drilling, with 50,000metres of drilling completed to date. The drill
program for the remainder of 2011 will be allocated to infill definition and
deep drilling (70%) and district exploration (30%). At the moment, eight drill
rigs are on site, with another two drills expected to be mobilized by month end.


Raymond Threlkeld, President and CEO adds, "We are very pleased to have engaged
BBA and AMEC to complete the Preliminary Economic Assessment and support the
technical programs for the Rainy River Gold Project. Their experience with
recent large scale Canadian gold projects will be very valuable as we continue
to advance the project towards feasibility and a production decision."


Qualified persons 

Rainy River's exploration program in Richardson Township is being supervised by
Kerry Sparkes, P.Geo., Vice-President Exploration, a Qualified Person as defined
by National Instrument 43-101. Garett Macdonald, P.Eng., Vice President
Operations and Kerry Sparkes, P.Geo. are the persons responsible for the content
of this news release. The Company continues to implement a rigorous QA/QC
program to ensure best practices in sampling and analysis of drill core. All
drill core is marked for sampling and then split in half with a diamond saw
blade. Samples are placed in sealed bags with security tags. All samples were
assayed using a standard fire assay, 30 gram nominal sample weight with an AA
finish. Over-limit samples were re-assayed with a gravimetric finish. Samples
with visible gold were automatically analyzed for Ore Grade by 1,000g screen
fire assay, with coarse and fine fractions being combined proportionately and
the fine fraction being assayed twice. Standards, blanks and duplicates are
inserted every 25 metres. ALS Canada Ltd. performed primary assaying, with
duplicates being analyzed at Activation Laboratories Ltd. ALS Canada Ltd. and
Activation Laboratories Ltd. implement independent QA/QC protocols that include
the insertion of certified blanks and standards as part of their routine
analysis.


About Rainy River Resources Ltd. 

Rainy River Resources is a Canadian precious metals exploration company whose
key asset is the Rainy River Gold Project. With over CAN$130million in cash and
short term investments, the Company is well funded to conduct a dual-focused
drilling program consisting of:1) definition diamond drilling of the main gold
resources in preparation for scoping and pre-feasibility studies; and 2)
selective diamond drill testing of high-priority gold targets defined primarily
by RC drilling within the large gold system centred in Richardson Township. The
Company's property is extremely well located in the southwestern corner of
northern Ontario, near the U.S. border. It is accessed by a network of roads and
is close to hydro-electric infrastructure. The Rainy River district has a
skilled labour force and is one of the lowest-cost areas for mineral exploration
and development. The Company is also working to advance the early-stage
discoveries at its TPK Joint Venture Property, also in Ontario, where it can
earn a 51% interest in the property from Northern Superior Resources Inc.
Ontario has low political risk and, according to the annual Fraser Institute
global survey of the mining industry, has consistently ranked as one of the top
jurisdictions embracing mineral development.


RAINY RIVER RESOURCES LTD.

Raymond W. Threlkeld, President & CEO

This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical fact, that address events or developments that the
Company expects to occur, are forward looking statements. Forward looking
statements are statements that are not historical facts and are generally, but
not always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and similar
expressions, or that events or conditions "will", "would", "may", "could" or
"should" occur. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results may differ
materially from those in forward looking statements. Factors that could cause
the actual results to differ materially from those in forward-looking statements
include gold prices, results of exploration and development activities,
regulatory changes, defects in title, availability of materials and equipment,
timeliness of government approvals, continued availability of capital and
financing and general economic, market or business conditions. The Company
cautions that the foregoing list of important factors is not exhaustive.
Investors and others who base themselves on the Company's forward looking
statements should carefully consider the above factors as well as the
uncertainties they represent and the risk they entail. The Company believes that
the expectations reflected in those forward-looking statements are reasonable,
but no assurance can be given that these expectations will prove to be correct.
Please see the public filings of the Company at www.sedar.com for further
information.


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