Rainy River Resources Ltd. (TSX VENTURE:RR) (the "Company" or "Rainy River") is
pleased to announce assay results from a new nickel discovery at the Rainy River
Gold Project ("RRGP") in northwest Ontario, where the Company is completing
170,000 metres of diamond drilling in 2011. Results are summarized in Tables 1 &
2.


Rainy River Resources also advises that the Company will be presenting at the
Denver Gold Forum in Colorado Springs, USA, on Wednesday September 21st, at 9:20
am MDT.


HIGHLIGHTS



--  Rainy River has intersected a new zone of nickel-enriched magmatic
    massive sulphides at RRGP. 
--  NR11822 has intersected high grade nickel, copper and cobalt massive
    sulphides with significant precious metals at a vertical depth of 106
    metres. 



BACKGROUND 

In 1995, prior to Rainy River's purchase of the RRGP property, drill hole
NR-95-34 intersected massive and net textured Ni-Cu-PGM (platinum group
metals)-Au-Ag-Co-bearing sulphides within a chloritized and locally
serpentinized mafic-ultramafic host. NR-95-34 intersected 2.44 g/t gold, 0.94 %
copper, 15.6 g/t silver, 1.31% nickel, 1.25 g/t platinum and 3.32 g/t palladium
over 4.86 metres. At the time, this new nickel zone, which crosscuts gold
mineralization in the main ODM Zone, became known as the 34-Zone. The 34 Zone
extends at least 350 metres along strike and the host intrusion is approximately
100 metres thick and plunges at twelve degrees to the west. The limits of the 34
Zone are poorly constrained owing to the discontinuous nature of the
mineralization due to faulting. In the recent NI 43-101 report on the RRGP, a
modest resource for this zone of approximately 2,500 ounces of gold and
1,413,000 pounds of nickel have been assigned by SRK, all in the Indicated
resource category.


TODAY'S EXPLORATION RESULTS 

Pinewood South

As part of Rainy River's ongoing reconnaissance exploration program to explore
for and target precious metal-rich volcanogenic massive sulphides ("VMS") south
of the RRGP, the Company has intersected a new zone of magmatic massive
sulphides, referred to as Pinewood South.


NR11822 intersected 4.3 metres of heavily chloritized and mineralized
ultramafics with a 2.35 metre section of magmatic massive sulphide. The massive
sulphides consist of both pyrite and pyrrhotite, with pyrrhotite being the
dominant sulphide. This intersection is located 1.2 kilometres south-south west
of the original 34 Zone discovery.  Table 1 below provides assay details for the
grouped averages, while Table 2 shows detailed assay intervals. 




TABLE 1: Assay Details for the Grouped Averages                             
----------------------------------------------------------------------------
HOLE-ID         FROM      TO  Length    NI %    CU %    CO %  AU g/t  AG g/t
----------------------------------------------------------------------------
NR11822       119.25  122.10    2.85   3.060   1.190   0.062    1.23    8.68
----------------------------------------------------------------------------
Including     119.75  122.10    2.35   3.626   1.316   0.064    1.38    9.69
----------------------------------------------------------------------------



Assays for gold and silver show strong similarities in chemistry to the original
34 Zone mineralization. The ultramafics at RRGP have intruded a package of
altered and locally well mineralized dacitic to rhyolitic units, and it is
thought that these mineralized felsics have provided the sulphur source to
enable the mineralization to precipitate. Two additional holes (NR11827 &
NR11836) have been drilled in the vicinity of the intersection, and both have
intersected significant thicknesses of mafic-ultramafic rocks with weak blebby
mineralization. Results for platinum and palladium will be available within a
week.


Rainy River has mobilized a borehole EM crew and has contracted Eastern
Geophysics Ltd. to carry out a gravity survey to better outline the new
discovery. This information coupled with a new Fugro Helitem Survey will better
enable Rainy River to target the new nickel discovery for future follow up. 


COMMENTARY 

Raymond Threlkeld, President and CEO, adds "We have been exploring for gold-rich
VMS in the area of NR11822 over the past six months. We have had several drill
intercepts of pyritic massive sulphide, indicating we are in a potentially
productive horizon, but they have little to no base metal or gold values to
date. It appears that an ultramafic unit has intruded the sulphur-rich VMS-style
alteration and mineralization in that area and produced a very high grade
nickel-copper-gold lens, located approximately 1 km south of the RRGP. 


This initial discovery is a direct result of our reconnaissance strategy to
explore for and target precious metal-rich volcanogenic massive sulphides south
of RRGP. Our plan for this stratigraphic package is to follow up with
geophysical test work and additional drilling. 


While we are encouraged with this recent discovery, we remain committed to the
primary goal of our exploration program, which is to develop and expand the
Company's existing gold resources."


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 has a rigorous QA/QC program in place 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 1000g 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. implements 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 approximately $115 million 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 centered 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. 




Table 2: Detailed Assay Intervals                                           
----------------------------------------------------------------------------
                                     Vertical                               
HOLE-ID    FROM     TO Length Section   Depth  NI % CU %  CO % AU g/t AG g/t
----------------------------------------------------------------------------
NR11822  117.80 119.25   1.45  425472  104.50 0.139 0.17 0.009   0.23   1.39
NR11822  119.25 119.75   0.50  425472  105.34 0.399 0.60 0.052   0.53   3.90
NR11822  119.75 120.80   1.05  425472  106.00 3.770 0.95 0.063   2.40   7.39
NR11822  120.80 122.10   1.30  425472  107.01 3.510 1.61 0.065   0.55  11.55
                                                                 less       
                                                                 than       
NR11822  122.10 123.00   0.90  425472  107.96 0.007 0.01 0.002  0.005   0.08
----------------------------------------------------------------------------



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http://media3.marketwire.com/docs/fom919.pdf.

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